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Edition: U.S. Article Comments (0) Email Print Reprints Full Focus Best of the week Our top photos from the past week. Full Article Read Mexico kills top drug lord at U.S. border 12:50am EDT Obama wins India business | 11:14am EDT Microsoft's Ballmer sells 12 percent of his stake in company 11:36am EDT Obama: U.S. can't afford two years of gridlock 05 Nov 2010 U.S. dollar printing is huge risk -China c.bank adviser 03 Nov 2010 Discussed 269 Obama warns of policy rollback if Republicans win 114 Boehner vows to repeal Obama healthcare reforms 103 Obama: U.S. can’t afford two years of gridlock Watched Bejeweled bra exposed in NY Thu, Oct 21 2010 Russian spy poses for Maxim Tue, Oct 19 2010 U.S.-Mexico drug tunnel discovered Thu, Nov 4 2010 PM says Greek credibility at stake in local polls Tweet This Share on LinkedIn Share on Facebook ATHENS (Reuters) - Prime Minister George Papandreou kept up the pressure on voters to back him in Sunday's local elections, saying Greece would lose the trust it has started to rebuild with markets if the vote goes against the ruling party. "The... Factbox FACTBOX-Austerity measures around the euro zone Fri, Nov 5 2010 Related News Greek PM to call snap poll if local vote negative Fri, Nov 5 2010 Greek PM says to call snap poll if local vote negative Fri, Nov 5 2010 Q+A: Who sent the Greek parcel bombs, and why? Thu, Nov 4 2010 Greece suspends air freight after bombs found Wed, Nov 3 2010 Related Topics World » Greek Prime Minister George Papandreou is cheered by supporters before a pre-election rally in Athens November 5, 2010. Credit: Reuters/Yiorgos Karahalis ATHENS | Sat Nov 6, 2010 9:07am EDT ATHENS (Reuters) - Prime Minister George Papandreou kept up the pressure on voters to back him in Sunday's local elections, saying Greece would lose the trust it has started to rebuild with markets if the vote goes against the ruling party. "The worst thing we could do is to send a signal that there is a U-turn," he was quoted as saying in an interview with newspaper Ta Nea on Saturday. "Confidence in our country would scatter to the winds and we would enter again a phase of destabilization. It is my duty to point out that danger," he said. "Any sign that we are abandoning the battle would put us in new adventures." Papandreou and the opposition have turned the two-round municipal and regional elections into a referendum on austerity measures imposed to win a 110-billion-euro ($155.6-billion) EU/IMF bailout that saved Greece from default. Papandreou -- whose ruling Socialists have a comfortable majority in parliament and have been praised by the EU and the IMF for a good start on reforms -- reiterated on Saturday he would call an early national election if voters turned their backs on him. "I'm not bluffing," he said. However, Papandreou has refused to define success in percentage terms, leaving him room for maneuver. He told Ta Nea his decision would depend largely on how his candidates perform in the first round. The second round is scheduled for November 14. "Obviously, the result of the first Sunday in the regions will be of decisive importance," he said, without elaborating. Opinion polls have indicated Papandreou's PASOK party was unlikely to suffer a heavy blow from the conservatives. But PASOK may still lose in important areas such as Athens over dissatisfaction with the tax hikes, spending cuts and pension freezes passed since it came to power in October last year. Media and analysts have speculated Papandreou is seeking a lead of at least 4-5 percentage points. The Socialists were elected on a pledge to tax the rich and help the poor. But they were forced to adopt the tough austerity measures after they revealed the deficit was far worse than forecast by the previous administration, triggering a debt crisis which threatened the euro and rocked global markets. The main opposition conservative New Democracy party accused Papandreou of making empty threats and of creating the very instability he says he is trying to avoid. "Loading one's gun with blank bullets is not an effective policy," said Christos Staikouras, New Democracy spokesman for the economy, in a statement. "These actions ... destabilize the economy and society," he added. The uncertainty has helped to push Greek bond spreads wider -- but not as high as during the peak of the crisis -- with investors fretting about instability ahead of a year-end deadline set by the EU and the IMF to slash the budget deficit. Meanwhile, police have increased patrols, fearing extremist attacks on voting stations and security personnel in the wake of a wave of failed letter bomb attacks against foreign targets earlier this week. 1 2 Next World Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. 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