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Δευτέρα, 04 Απριλίου 2016 22:39

Industrialists federation head: Overtaxation freezing investment, chasing away Greek businesses abroad

The head of the Hellenic Federation of Enterprises (SEV), Greece’s largest industrial and business grouping, on Monday called for “real reforms” by the Greek government to “free the Greek economy from the chains of statism”.

By Yiannis Kanoupakis

The head of the Hellenic Federation of Enterprises (SEV), Greece’s largest industrial and business grouping, on Monday called for “real reforms” by the Greek government to “free the Greek economy from the chains of statism”.

SEV President Theodoros Fessas told “N” that any delay in the current Greek program merely raises the “bill” of subsequent measures to the detriment of businesses.

“Overtaxation freezes investment and chases away businesses overseas, as well as the best human resources in the country … Without human capital the economy’s competitiveness is significantly damaged,” he said.

Fessas said he and other SEV representatives have underlined this message in every meeting with top European leaders since last year.