Oct. 31 (Bloomberg) -- Greek Prime Minister George Papandreou’s plans to hold a referendum on the a new financing package agreed at a European Union summit last week are “reckless” and put Greece’s EU membership at risk, lead opposition New Democracy party spokesman Yiannis Michelakis said.

Papandreou “has tossed Greece’s future in Europe in the air like a coin,” Michelakis said in an e-mailed statement from ND’s Athens offices today. “He is dangerous and must go. There is a solution: elections now. It’s the safest ‘refendum’.”

To contact the reporter on this story: Marcus Bensasson in Athens at mbensasson@bloomberg.net

To contact the editor responsible for this story: Natalie Weeks at nweeks2@bloomberg.net