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BCC: Greek Referendum Result May Spark Fundamental Changes in the Eurozone

Commenting in the wake of the Greek referendum, which saw voters reject creditors’ bailout terms, John Longworth, Director General of the British Chambers of Commerce, said:

“Beyond its immediate impacts on markets and trade, it looks ever more likely that the Greek referendum vote will spark fundamental changes in the Eurozone — and the European Union as a whole.

"The Prime Minister may get an early, and important, opportunity to put the case for fundamental reform of the UK’s relationship with the EU. Businesses will want him to seize this opening, especially as many of the UK’s desired reforms would support the competitiveness of the EU as a whole."

On the immediate business impacts, John Longworth added:

“We will continue to work with the UK government to monitor the impacts of the Greek crisis on British businesses, and ensure businesses trading with Greece understand the specific support available to them.”

Last modified on Monday, 06 July 2015 11:18

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