The Greek prime minister announced Wednesday night that he will reshuffle his cabinet on Thursday, and then proceed to ask the parliament for a confidence vote.

In his address to the Greek people, George Papandreou accused main opposition New Democracy party of trying to gain political advantages by exploiting the need for consensus and added that he himself is determined to follow on the same path.

"I will continue on the same course. This is the road of duty, together with Pasok's parliamentary group, its members, and the Greek people," Papandreou said.

Greek Prime Minister George Papandreou on Wednesday evening announced that he will form a "new government" the next day and seek a renewed vote of confidence from Parliament, capping off a day of intense political speculation in Athens -- all amid confirmed same-day reports that he could consider some sort of power sharing agreement.

Papandreou made the statement during a very brief nationally televised address.