Oct. 27 (Bloomberg) -- A deal agreed by European Union leaders gives Greece the time it needs to implement reforms along with a “stern ultimatum” that it must do so, President of the Hellenic Federation of Enterprises Dimitris Daskalopoulos said today.
“The much-anticipated European summit agreement is no cause for celebration as it leaves many unspecified points,” Daskalopoulos said in an e-mailed statement from the offices of the Athens-based organization. “It gives Greece a stern ultimatum, but also the time and opportunity to work to remain in Europe.”
Daskalopoulos said Greece’s politicians have a national duty to secure the country’s future and avoid “default and collapse.”
To contact the reporter on this story: Natalie Weeks in Athens at email@example.com
To contact the editor responsible for this story: Maria Petrakis at firstname.lastname@example.org