Hellenic Federation of Enterprises

The Hellenic Federation of Enterprises (SEV) is holding its Annual General meeting

The supply chain in Greece may have maintained high efficiency in crucial economic sectors, such as pharmaceuticals and food, but has run into shortages in infrastructure, technology and means of transportation that reduced its effectiveness in other commodities (electronics and consumer products).

Ministries, courts and town planning offices continue to cause the greatest inconveniences to businesses when dealing with the state, with the level of satisfaction below 10%, according to the latest survey conducted by MRB on behalf of the Hellenic Federation of Enterprises (SEV). Those surveyed also rued the lack of any substantial improvement in 2020 compared to 2019.

The Hellenic Federation of Enterprises (SEV) is shifting its focus to industry in a bid to serve as a reference point for a new and necessary production model, said the influential association's new president, Dimitris Papalexopoulos.

Finance Minister Christos Staikouras has appointed Michalis Masourakis as Greece's new representative to the International Monetary Fund (IMF), according to a ministry statement on Tuesday.
On September 1 Masourakis will succeed Michalis Psalidopoulos who leaves its post after five years and whom the government and the ministry thanked for his contribution and cooperation.

Calling for perseverance and progress through unity, Prime Minister Kyriakos Mitsotakis on Monday addressed the annual general meeting of the Hellenic Federation of Enterprises (SEV), saying that the government's top priority is saving people's jobs.

Digitally upgrading an enterprise can fetch up to 20% more sales compared to its rivals that have not created an online store or made other such moves toward an electronic transformation, according to a report by the Hellenic Federation of Enterprises (SEV).

After announcing its support back in February for the conventional 3rd InvestGR Forum 2020 that was supposed to take place on June 24, the Hellenic Federation of Enterprises (SEV) on Thursday extended its backing for the digital version of the event, to be held online on July 15-16 and October 8-9.

About 580,000 people will lose their jobs in the period from March to July 2020, the Hellenic Federation of Enterprises (SEV) estimates in its bulletin on the Greek economy, stressing the need for the immediate utilization of the 1.4 billion euros from the European program SURE. This would amount to €483 per person for five months.

Greece will have to restructure its production model after the coronavirus crisis has eased so that it does not depend on tourism and small and medium-sized enterprises to such a great extent, the Hellenic Federation of Enterprises (SEV) argues in its monthly bulletin.

It adds that, in that regard, the government ought to proceed with reforms and reduce energy and non-salary costs.