The public debt is set to surpass 100 percent of GDP while unemployment rose to 8.6 percent in June.
Livanios said Papandreou’s idea of stimulating the economy as a way out of the crisis could work.
“It remains to be seen now how effectively PASOK’s plan will be applied. But I do believe there’s a credible plan that focuses on reinvigorating the small entrepreneur, on putting a better order in the taxation system,” he said.



