Greece

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...

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...

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...

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...

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...

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...

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,...

  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...

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...

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...

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...

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...

Adding to Greek woes, the union for seamen began a strike on Tuesday with plans to extend what had initially been a one-day strike into a 48-hour work halt.  Now residents of smaller Greek islands without ...

"We are looking bankruptcy in the eye. We are at a crucial turning point of an effort to save the country and a revision of the Memorandum is necessary", stated Dimitris Daskalopoulos on Tuesday.  He is the president of...

Greece in virtual shut down as the government on Friday announced the closure of all shopping malls, cafes, restaurants, and bars, apart from takeaway shops to help control the spread of the coronavirus. The Ministry of Culture also announced...