Thursday 17 August 2017
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Thursday 17 August 2017

Dimitris Daskalopoulos on Greek Economy, Sunday Telegraph, February 15, 2012

19 February 2012

..."They need to find some way to unblock this or the Greek economy is going to suffocate from lack of oxygen: we are reaching the limits," said Dimitris Daskalopoulos, head of the Hellenic Federation of Enterprises. The economy contracted at a rate of 7pc in the fourth quarter of 2011. Manufacturing fell 15.5pc in December from a year before.

Mr. Daskalopoulos now seems resigned to a ghastly denouement, fearing that Greece has been turned into a "useful victim" for countries pursuing their own political agenda. "They need to stop pretending that Greece is a special case and decide once and for all what they are going to do with all the culprits or PIGS [Portugal, Italy, Greece and Spain] and what they want Europe itself to be. Are they really going to flush Greece down the toilet and hope it will disappear from planet earth?" he said...

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