Addressing the last cabinet of the current government’s term on May 2, Prime Minister Lucas Papademos stressed that "the results of the May 6 elections will determine the future of the country in the coming decades by defining its strategic orientation. But I am certain that the citizens’ decision will look toward the future, not the past".

He then concluded that for this reason, public debate should aim at a better understanding of everyday reality. 

 During the final meeting, an Act of Cabinet was formally ratified, allowing the Hellenic Financial Stability Fund (HFSF) to sign contracts with the EFSF concerning the bridge recapitalisation of Greece's four largest banks.

According to the Act, National Bank of Greece, Alpha Bank, Eurobank and Piraeus Bank are to be offered funds worth € 18 billion in the form of EFSF bonds in order to satisfy their liquidity needs.