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Hellenic Federation of Enterprises

Austerity's Harsh Impact on Greece's Public Services Revealed

According to data released Thursday by the Hellenic Federation of Enterprises (SEV), significant declines in state funding for public services were recorded between 2015 and 2016. During this period, the Greek state invested just €3 million ($3.4 million) in...

Greece: Among the Highest Taxes in EU for Inferior Services, Data Show

The Hellenic Federation of Enterprises (SEV) published a report with figures that show the levels of taxation in Greece and the services people receive in return for their taxes. The figures present the extremely high levels of taxation that the...

Greek Industrialists Warn Economic Climate is Worsening

The chairman of the influential Hellenic Federation of Enterprises (SEV) said that the economic climate in Greece has worsened and issued a warning about the need for restraint in pledges that could derail growth. Speaking on Thursday, Theodore Fessas stressed...

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,...

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...

The Majority of Greeks Declared Incomes Less Than 10,000 Euros for 2015

According to a report by the Hellenic Federation of Enterprises seeking to analyze the distribution of tax burdens, 1.2 million taxpayers filed zero income for 2015, while 4.6 million taxpayers (the equivalent of 53.6% of the nation’s taxpayers) declared...

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 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...

Samaras: 'Main Opposition Wants to Provoke Ungovernability'

Greek Prime Minister Antonis Samaras launched a full-scale attack on main opposition Radical Left Coalition (SYRIZA) on Wednesday, in his address to the Hellenic Federation of Enterprises (SEV) annual general meeting. Accusing SYRIZA of behaving arrogantly, he said the party...