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SEV

Greek Middle Class Hit Hardest by Overtaxation

The perennial issue of overtaxation continues to be a critical problem for the Greek economy and its society overall, despite significant improvement in the country’s fiscal position. The middle class has been hit the hardest, particularly the income of private...

Remote Work in Greece Lags Behind Other EU Countries

A new report published by the Hellenic Federation of Enterprises (SEV) on Friday suggests that only five percent of Greece's workforce works from home as part of their regular employment. This figure puts Greece in eighteenth place among the twenty-eight member...

Greek Population Plummets at Similar Rates to 1940's

The shocking impact that the financial crisis has had upon the Greek population is underlined in the latest weekly bulletin from the Hellenic Business Association (SEV), published on Thursday. According to data published by the association, births in Greece decreased by...

Report: Nearly Half Greece's Active Population Out of Work

According to the Hellenic Federation of Enterprises' weekly economic bulletin published on Thursday, 44.7 per cent of the economically active population in Greece is out of work. More specifically, between the ages of 15 and 64 years old, 55.3 per...

'Electoral Ambiguity Increases Instability', Greece's Federation of Enterprises Says

The Federation of Greece's Enterprises (SEV) published its monthly bulletin for economic activity on Monday. In the report the Federation stresses the lack of a cohesive plan in Greece's recovering economy and points out the consolidation of the ''inadequate'', as...

Greece: Among the Highest Taxes in EU for Inferior Services, Data Show

The Hellenic Federation of Enterprises (SEV) published a report with figures that show the levels of taxation in Greece and the services people receive in return for their taxes. The figures present the extremely high levels of taxation that the...

Greek Industrialists Warn Economic Climate is Worsening

The chairman of the influential Hellenic Federation of Enterprises (SEV) said that the economic climate in Greece has worsened and issued a warning about the need for restraint in pledges that could derail growth. Speaking on Thursday, Theodore Fessas stressed...

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...