Central Union of Hellenic Chambers of Commerce (UHCC) president George Kassimatis warned on Wednesday that "we are all becoming victims of a merciless tax-collecting policy, and indeed with a constantly changing institutional status quo".

Kassimatis said that "we are unfortunately trapped in a fiscal impasse, the epitome of which is reflected in the new, revised version of the Memorandum", adding that the "one-dimensional accounting approach to the problems has fatally struck the real economy".

He said that the much-desired developmental policy is announced repeatedly, but without any tangible indications of its implementation, adding that the credibility of the government's fiscal attitude has suffered a huge blow.