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Greece

Opposition Leader Mitsotakis: 'Prespa Agreement Detrimental to Enterprises in Northern Greece'

The leader of the opposition center-right New Democracy party, Kyriakos Mitsotakis, said that the agreement between Greece and the Former Yugoslav Republic of Macedonia (FYROM), also known as Prespa agreement, is detrimental to thousands of enterprises in Northern Greece,...

'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...

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,...

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...

AB Vasilopoulos Among Top 12 European Enterprises

AB Vasilopoulos is among the top 12 European companies awarded during the Eurpean Business Awards 2016/2017, sponsored by RSM. The award ceremony was held on Thursday, May 4, in Dubrovnik, Croatia. The ceremony awarded the winners of 11 official award...

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...

Greek Econ Minister: High Taxation of Enterprises Does not Attract Investments

The three main conditions that Greece must fulfill to attract healthy business investments are transparency in tenders' procedure, strong state operation framework and financing from the banks, wrote the Economy and Development Minister Dimitris Papadimitriou in his article in...

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...

Sustainability of Enterprises Leans on Efficient Management of NPLs, Katseli says

An efficient management of non-performing loans -- particularly business loans -- could become a determine factor in the sustainability of enterprises in multiple ways, National Bank's chairman Louca Katseli said. Addressing an event organized by QualityNet Foundation to present a...

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...

Greek Enterprises: Prolonged Uncertainty Is Freezing Investments, Employment

The unprecedented and prolonged uncertainty period currently prevailing in the Greek economy has frozen investments and keeps unemployment at a very high level, as investors await an agreement with the country’s creditors, the Hellenic Federation of Enterprises (SEV) said...

Hellenic Federation of Enterprises: National Consensus is the Only Way Out

The need for national consensus that constitutes “the only way out today” and the agreement of the political parties on four national strategy directions for the Greek economy, was underlined by the Hellenic Federation of Enterprises (SEV) in an...

Small Enterprises are Hit Hardest by Recession

In Greece, small and medium-sized enterprices (SME) have been hit by the extended recession much more than the larger enterprises. However, according to the annual report of European Commission on SMEs, published on November 26, it appears that the...