Employers' federation: reform or else - The Best from Greece

Greece must strictly adhere to a tight schedule of targets and measures if it wanted to remain in the eurozone, Dimitris Daskalopoulos, president of the Federation of Hellenic Enterprises - Greece’s largest employers’ federation - said on Monday.

Commenting on the results of an EU Summit last week, Daskalopoulos said “a positive overlay of a European Council decisions for Greece should not lead to any illusions. A provision, for the first time, of a debt restructuring procedure for a member-state if its course was proved non viable, shows that Europe does not exclude a failure in a reforms effort in Greece and prepares itself offering us a last chance to dismiss negative predictions”.

He underlined that the country does not have any more time to sit on its hands, and stressed that the government must prove it's determination to promote necessary reforms, or else “a much harsher reality lies ahead”.