Monday 20 November 2017
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Monday 20 November 2017

SEV Chairman's statement on the occasion of yesterday's EU agreement on Greece, 21/2/2012

21 February 2012
 

On the occasion of yesterday’s EU agreement on Greece, the President of the Hellenic Federation of Enterprises (SEV), Mr. Dimitris Daskalopoulos, made the following statement:

“This is the best agreement that could be achieved by Greece, a country whose political system is utterly unreliable in the eyes of its partners.

The spectre of disorderly default is disappearing. But these loans do not ensure our future. The future cannot be borrowed.

Sustainability of our debt depends on the sustainability of our economy, which today is slowly dying. Internal devaluation and recession are Europe’s recipe for Greece. This is why we Greeks need to make growth our national imperative.

The political system is called upon to implement the new Memorandum of Understanding (MoU). The private sector of the economy is called upon to develop a growth dynamic that will provide a way out of it. And the private sector is the only one that can do this. It must now be given the ability to do it.”

 

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