In published statements carried in the weekly "Realnews", Papandreou clarified that he will honour the mandate given by a majority of voters, adding that there is no reason for early elections.
He also more-or-less guaranteed a referendum in 2011, while calling on ministers to proceed with changes and reforms immediately since, as he said, society detests half measures and is "thirsty for really fair changes."
"This is our target, real, fair changes everywhere," he said.
Papandreou dismissed scenarios of Greece's exit from the Eurozone, stressing that "if we all do our job, not only will new measures not be necessary, but we shall be able to remedy whatever injustices were caused by the urgency of our decisions."
Meanwhile, main opposition New Democracy party Parliamentary representative Constantine Markopoulos said his party is ready for elections whenever they are called.
Quoted in an interview published by the Athens daily "Eleftheros Typos", he said whatever upcoming elections will, in essence, mean the exit of Prime Minister