Employers' federation: Investments, not overtaxation key to growth in Greece

Thursday, 24 March 2016 14:14
UPD:14:15
INTIME NEWS/ΧΑΛΚΙΟΠΟΥΛΟΣ ΝΙΚΟΣ

According to the federation (SEV), “necessary fiscal adjustment, investments and a boosting of tax justice are conditions for turning the page and proceeding towards the next day with prospects for growth and prosperity.”

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The largest employers’ federation of Greece this week reacted to continuing reports of pending tax hikes for businesses and individual taxpayers, stressing that a priority for the recession-plagued country are investments, limiting “over taxation” and guaranteeing a stable economic climate without “counter-incentives”.

According to the federation (SEV), “necessary fiscal adjustment, investments and a boosting of tax justice are conditions for turning the page and proceeding towards the next day with prospects for growth and prosperity.”

The statement was expressed that an event sponsored by the Hellenic Federation of Enterprises in Athens on Wednesday.

The goal, according to SEV, is to fill an “investment gap” in the debt- and recession-plagued country by 2022, a gap it said totals 100 billion euros.

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