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Greek Prime Minister George Papandreou 'has not resigned'
Greek Prime Minister George Papandreou has not resigned after speculation suggested that he was to step down from office on Thursday.
Papandreou faced mounting pressure after scheduling a referendum on Greece's European membership, a plan that has now been scrapped.
Papandreou reportedly offered his resignation after he lost a Greek cabinet vote over plans for the referendum, but this was later denied by a government spokesperson.
"There is no visit to the president," Papandreou's staff said to reports that he was to meet with Greek premier, Karolos Papoulias. Under-fire Prime Minister Papandreou will meet with his party lawmakers and will address parliament as planned, his office said.
[Article: Greek Crisis timeline]
Greek Finance Minister Evangelos Venizelos came out earlier on Thursday to oppose the referendum, along with two other ministers.
"Greece's place in the euro is a historical conquest by the Greek people that cannot be placed in question," he said in a statement. "This cannot be made dependent on a referendum".
Papandreou's decision to run a December referendum on Greece's European membership came after he was told by Angela Merkel and Nicolas Sarkozy to "abide by the rules" of the Brussels bail-out agreement or "leave the eurozone".
Merkel and Sarkozy said that an initial £6.9 billion worth of foreign aid would be withheld unless Greece agreed to the terms of the bailout. The total bailout fund would give Athens £111 billion and a 50% debt writeoff, though would require the failing state to introduce a number of unpopular austerity measures.
"This is not a question of only a programme," Mr Papandreou said. "This is a question of whether we want to remain in the eurozone".
Analysts and politicians have speculated on the future of the eurozone if Greece rejects the conditions of the latest bailout.
