‘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 it is described, growth rate between 2 and 2.5 percent.

SEV believes that the global uncertainty (Brexit, Italy, Turkey, trade wars) along with the Greek government’s decision to maintain ambiguity regarding the budget of 2019 and the date of the next general election, create an uncertain environment that does not help local and foreign investors to invest their capitals in Greece’s economy.