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May 17, 2012

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President Of HACC On Political Developments In Greece


The president of the Hellenic American Chamber of Commerce Yiannos Grammatidis said recently that "at the difficult time, the defense of party interests prevailed over the national interest and the future of Greece." He assessed that the decision of the party leaders to lead the country to elections constitutes a severe blow to the economy and paves the way for catalytic as well as unfavourable developments. Grammatidis further said "with a state in absolute inertia due to the prolonged political crisis and the elections, we are going to new elections with the immediate result being the extension of both uncertainty as well as the inertia of the state mechansim. The result of this situation is that the country will not be able to fulfill its immediate internal and external commitments with not unforeseen, we fear, consequences."  (AMNA)
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