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Ex PM Papandreou & his party won’t participate in September elections

Finally the Google service translated correctly the sentence “There is no money”. Former Prime Minister George Papandreou announced on Tuesday evening that his party “Movement of Democratic Socialists” (KIDISO) will not take part in the September elections. Official reason: shortage of financial means. Unofficial reason: shortage of supporters.

In a statement, Papandreou stressed that “the financial means available to KIDISO do not allow him to participate with reliability in the third elections battle.”

“KIDISO fought in two election battles within a couple of months with limited means, “against the options and the overly negative attitude of the established forces of the country,” Papandreou wrote stressing that “what we did has been vindicated” and noting that “KIDISO has always walked with faith to our principles and with dignity and clashed with incumbent perceptions, practices and interests.”

Papandreou’s decision to stay away from the upcoming elections comes after attempts to ‘reunite’ his movement with PASOK failed. The Panhellenic Socialist Party demanded, it could cooperate with KIDISO only if Papandreou would refrain from elections candidacy.

George Papandreou, 63, is the son of PASOK founder Andreas Papandreou and grandson of center-wing PM Georgios Papandreou.

He served as Prime Minister from 2009 to 2011 and he will remain in Greek history as the Prime Minister who brought the International Monetary Fund in Greece. His broke away from PASOK last autumn and established his own political movement KIDISO before the January elections. However he did not managed to reach the 3% threshold and was forced to stay outside the Parliament.

Greeks remember him also for another reason: for his elections slogan “There is money”. A slogan he campaigned with in September 2009. However Greece was already sinking in a sea of debts and Papandreou sought ways to borrow money from the IMF right after he became Prime Minister a month later.

When his “There is money” slogan flopped, the usual mean Greeks claimed with hint to his broken Greek skills that Papandreou had inserted the sentence “There is no money” into automatic translation tools on internet and that the automatic service had simply translated it wrong.

George Papandreou was the third member of the Papandreou family to serve as Prime Minister.

Elections without a Papandreou raise crucial questions about the future of politics in Greece:

Can a political dynasty in Greece vanish in the air just like that?

Can a political dynasty in Greece suffer from shortage of supporters?

Can social-democracy in Greece die out?

Is this the end of the political system as we know it?

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