The Chairman of economic advisory council to the French government and professor at Paris' Sorbonne university, Christian de Boissieu, has accused Greek Prime Minister Georges Papandreou of putting forward "a trap" by calling for a Greek referendum on austerity measures agreed to as part of its bailout by other Eurozone members last week.
Speaking at the Chartered Financial Analyst (CFA) Institute's annual investment conference, de Boisseu cast doubt on the proposition of a referendum within Greece, and warned any such referendum should be on whether it stays in the Eurozone, not on bailout measures. "I'm not sure how we are going to get out of this mess by the idea of a referendum in Greece," said de Boissieu, who heads the Conseil d'Analyse Économique in France. "We need to find an answer I'd say, it is a trap put forward by Mr Papandreou." "As a democrat, it is difficult to criticise the idea of a referendum. But...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
