Calamos Supports Greece

Greece

Trade Union Members Vandalize HQs of Greek Federation of Enterprises (photos)

Members of the Communist-affiliated labor union PAME sprayed red painted slogans on the walls of the headquarters of the Hellenic Federation of Enterprises (SEV) in Athens, on Tuesday. The slogans called for a minimum wage of 751 euros per month,...

American-Hellenic Chamber of Commerce Conference on Greek Economy Kicks-off in Athens

  For the 28th consecutive year, the American-Hellenic Chamber of Commerce kicked-off its its annual flagship event, "The Greek Economy Conference," at the Athenaeum Intercontinental Hotel in Athens on December 4. This year’s conference focuses on the need to reshape the...

Greek Federation of Enterprises Urges for New Investment Policy Mix

The government and the institutions must negotiate a new mixture of investment-friendly policy, during the third review of the Greek programme, aimed at reducing unemployment in a sustainable and not temporary way, the Federation of Hellenic Enterprises (SEV) stressed...

SEV: Growth in Greece Will Not Come With Gyms and Hair Salons

In crisis-stricken Greece the businesses that flourish are hair salons, dry cleaners, funeral parlors, electronics repair shops and gyms, says the weekly Hellenic Federation of Enterprises (SEV) report. However, the bulletin says, such businesses will not bring growth, as the only...

Greek Business Federation Newsletter Describes Inventive Ways People Tax Evade

This week's Hellenic Federation of Enterprises (SEV) newsletter describes inventive ways Greek businesses and freelancers use to evade taxes and security contributions. The newsletter underlines the need for measures that would tackle rampant tax and security contribution evasion. At the...

Hellenic Federation of Enterprises: The Impact of a Grexit

Leaving the eurozone sounds about as ludicrous as someone filthy rich coming along and paying off the Greek debt, The Hellenic Federation of Enterprise (SEV) commented and went on to describe the impact this sort of solution would have...

SEV Presents Positions on Labor Reform

The Federation of Hellenic Enterprises (SEV) on Monday presented its positions in an ongoing negotiation on labor issues between the Greek government and the institutions, during a meeting with Labor minister and representatives of trade unions. SEV said it supported...

SEV: Debt Relief Alone Will Not Bring Investors to Greece

The debt relief measures the Greek government is trying to achieve will not suffice to bring investors, says the Hellenic Federation of Enterprises (SEV) weekly newsletter. The SEV newsletter points out that the short term debt easing measures European creditors...

Hellenic Federation of Enterprises Complains About Heavy Taxation

The weekly Hellenic Federation of Enterprises (SEV) newsletter focuses on heavy taxation on businesses and aligns with the IMF view that less taxes is a prerequisite for growth. SEV President Theodoros Fessas on Wednesday discussed the issue with European Commissioner...

Hellenic Federation of Enterprises: Closing of TV Stations Will Cost €1.7 Bln

The Greek state will lose 1.7 billion euros in revenues in a 10-year period from the closure of television stations, says the weekly newsletter of the Hellenic Federation of Enterprises (SEV). The newsletter notes that "there is no example of...

Greek Enterprise Federation (SEV) Drops the 'Bomb' on Workers Rights

The Hellenic Federation of Enterprises (SEV) dropped the bomb by demanding the liberalization of group dismissals, a drastic restriction of strike action and more strength for corporate contracts over agreements concerning workers sectors. The legislation SEV is calling for, was...

ND Proposes Less Spending, Fewer Taxes, Mitsotakis Tells SEV

New Democracy's proposal for governing the country consisted of a two-pronged approach based on less spending and fewer taxes, main opposition leader Kyriakos Mitsotakis said on Tuesday, addressing the annual general meeting of the Hellenic Federation of Enterprises (SEV). Mitsotakis...

SEV Sees Business Blossoming in Greece‏, Under Right Conditions

A strict implementation of the memorandum combined with growth countermeasures could lead to a blossoming of business activity in the country, Theodore Fessas, president of the Federation of Hellenic Enterprises (SEV), said. The head of Greece’s largest employers and industry...

Hellenic Federation of Enterprises: Those Who Invested in Greece are Being "Punished"

The breach of contracts and failure to protect those who believed and invested in Greece is causing enormous damage to a country with deficient reliability, highlights the Hellenic Federation of Enterprises in its weekly bulletin about the Greek economy. The sudden imposition of...

Bomb Blasts Hellenic Federation of Enterprises Offices in Athens

A bomb exploded on Tuesday morning causing serious damages at the Hellenic Federation of Enterprises (SEV) offices in Athens. The explosion occurred at 3:35 am at Xenofontos Street, next to Syntagma Square, and the noise was heard kilometers away. Several...