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Sunday, May. 20, 2012 |  Syndicate content

Bosch CEO says Greece has no place in EU

Page last updated at 11:34 GMT, Wednesday, February 15, 2012 - 16:34 EST

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eKathimerini:

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The chief executive of one of Germany’s most respected manufacturers and an adviser to Chancellor Angela Merkel has called for Greece to be kicked out of the European Union because it is an ”unbearable” burden.

”This state with its phantom pensioners and rich people that don’t pay taxes, a state without a functioning administration, has no place in the European Union,” Bosch CEO Franz Fehrenbach told Manager Magazin, according to a transcript of an interview to be published on Friday.

He is the latest in a number of senior German business figures to lash out at Greece over its role in the EU and a second euro zone bailout. A survey of over 300 managers in the magazine shows roughly 57 percent want Greece to drop out of the euro and reintroduce the drachma.

Read the whole story: eKathimerini

Comments

Since When

February 16, 2012 by Angelo Arvanitis (Canada ), 13 weeks 3 days ago

Since when does a leader of a multinational corporation have the right to influence or dictate national policy in a democratic nation - oh wait, since every democratic nation has bent over for multinational corporations and banks to do whatever they want for the price of giving retiring politicians and their family members executive positions at said companies. Don't you just love democracy, and how it only works for the rich in the year 2012?

Let's counter that

February 16, 2012 by John Gurlides (United Kingdom ), 13 weeks 3 days ago

By the same token, Bosch ovens have no place in a Greek home!
Boycott German products and especially Bosch!

That's exactly what needs to

February 17, 2012 by Chris (United Kingdom ), 13 weeks 2 days ago

That's exactly what needs to be done, Bosch should be boycotted not just in Greece but by Greeks all over the world.

Agree

February 18, 2012 by Angelo Arvanitis (Canada ), 13 weeks 1 day ago

But Greeks who complain about Germany, and the bailout, continue to drive German cars, buy German and Dutch electronics, and German and Finnish Cel phones because they are "nicer" status symbols. What is needed is for Greeks to start working together and to hurt these companies where it counts - their balance sheets...

Greece-World News