Calamos Supports Greece

Hellenic Federation of Enterprises (SEV)

Greek Industrialists Call on Government to Adapt Circular Economy Practices

The Hellenic Federation of Enterprises (SEV) called on the government to adopt a plan for the transition to a circular economy, as proposed by the European Commission, saying that an exit from strict economic supervision should not lead to...

Many Greeks Live on their Savings in the Past 5 Years

Greeks dig in their savings in order to cope with financial obligations and daily expenses in the past five years, according to a Kathimerini newspaper report. According to the Hellenic Statistical Authority (ELSTAT) retail sales will show a slight growth...

SEV: Growth in Greece Will Not Come With Gyms and Hair Salons

In crisis-stricken Greece the businesses that flourish are hair salons, dry cleaners, funeral parlors, electronics repair shops and gyms, says the weekly Hellenic Federation of Enterprises (SEV) report. However, the bulletin says, such businesses will not bring growth, as the only...

ND's Mitsotakis: Greece Failing to Utilize its Digital Potential

Greece needs to improve its performance in digital policy, where it is lagging behind even comparably with crisis-hit Portugal, main opposition New Democracy leader Kyriakos Mitsotakis said on Friday. "We do not seem to be fully aware of our true digital...

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...

Greek Govt Plans Radical Changes in VAT System

The Greek government plans radical changes in the VAT system with the introduction of a single VAT rate of 15% for transactions using credit or debit cards and 18% for cash transactions, along with maintaining a low VAT...

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...

IFC Examines its Return to Greece, Vice President Says

International Finance Corporation (IFC), a member of World Bank Group, examines its investment return to Greece, Dimitris Tsitsiragos, Vice President of IFC, said on Tuesday during a meeting with the Federation of Hellenic Enterprises (SEV). Tsitsiragos said that the IFC...

Finance Minister: Fiscal Policy is the Government's Responsibility

Speaking at the General Board meeting of the Hellenic Federation of Enterprises (SEV) yesterday, Greek Finance Minister Gikas Hardouvelis commented that it is the government's - not justice's - responsibility to decide on the fiscal policy to be followed,...

Cost of Greek Bureaucracy Exceeds 10 Billion Dollars

According to Hellenic Federation of Enterprises’ (SEV) report on the business environment, the annual cost of Greece’s bureaucracy exceeds 10 billion dollars. The report indicates that the required time to complete the process of a public contract is 230...