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SEV

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...

PM Tsipras: 'Possible Brexit Would Cause Economic and Political Turmoil in EU'

If Britain voted to leave the European Union on June 23 it would create economic and political turmoil to the EU, Greek Prime Minister Alexis Tsipras said on Tuesday during a speech at the annual general meeting of the...

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...

ESM’s Regling and Commission Chief Juncker Visit Athens on Tuesday for a Series of Meetings

Tuesday morning the European Stability Mechanism (ESM) chief Klaus Regling is due to visit Athens and meet with Greek Finance Minister Euclid Tsakalotos. Tsakalotos and Regling are expected hold a conference following their meeting. Last Friday the ESM approved the release of...

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...

Greek Industry Body Recommends 20% Tax on Large Investments‏

The Hellenic Federation of Enterprises (SEV) on Wednesday recommended a cut in the taxation of large investments to 20% and expanding the option of offsetting losses with future earnings from five years currently to 10 years, to safeguard offsetting...

Greek Industry Body Urges New Government to Push Ahead with Reforms

Reforms, a new industrial policy and a plan to fight corruption and tax evasion are the three main requests of the Hellenic Federation of Enterprises (SEV) for the new government. "The result of the elections reflects the will of the...