BusinessGreece faces uncontrolled default without labour cost cuts
ADVERTISEMENT
Greece faces uncontrolled default without labour cost cuts
"We can not expect other EU states and international organisations to continue to fund a country that does not adapt to reality and does not deal with its problems," Prime Minister Papademos said in a statement issued by his office.
Toyota unveiled its Etios Motor Racing series at the Auto Expo 2012
Prime Minister Lucas Papademos has said Greece faced an "uncontrolled default" in March unless unions and employers can quickly agree on labour cost cuts to boost competitiveness.