Hellenic Federation of Enterprises

The Hellenic Federation of Enterprises (SEV) on Thursday asked the government to restart the economy with some bold decisions, and presented Hellenic Statistical Authority (ELSTAT) data showing that more than one in four workers in Greece has had their labor contracts suspended in accordance with the framework the government introduced in March to lessen the damage enterprises sustain as a resu

Greece's bond yields have eased from a year-high recorded in March, but remain above the all-time lows posted earlier this year.
In its latest weekly bulletin, the Hellenic Federation of Enterprises (SEV) went as far as calling for an immediate market foray, before other bigger countries do so, with an impact on yields.

The Hellenic Federation of Enterprises (SEV) estimates the burden on the state budget from the shuttering of enterprises at about 6 billion euros per month, and recommends an immediate market foray while the timing remains favorable, given the low yields, as most states will also try to tap the markets soon.

The Hellenic Federation of Enterprises (SEV) commented on Thursday that the suspension of tax and social security payments by companies due to the coronavirus epidemic is a step in the right direction but not enough to tackle the effect of a drop in demand from the upcoming slide in consumer confidence.

Greece is a laggard in adopting digital technology solutions in healthcare compared to the rest of the European Union, according to a study by the Hellenic Federation of Enterprises (SEV) on the benefits of a digital transition in the health sector.

Greece's middle-income earners are today at least 30 percent poorer than they were in the period before the economic crisis, having been overtaxed and having grown in number, as they now include previously wealthier categories too, according to Hellenic Statistical Authority (ELSTAT) data processed by the Hellenic Federation of Enterprises (SEV).

Nearly half a million Greeks left the country in the decade from 2008 to 2017, seeking a better luck abroad, mainly in Germany and the United Kingdom, according to the latest available data. The Hellenic Federation of Enterprises (SEV) is proposing a series of measures not only to stem the outpour of young, skilled Greeks, known a "brain drain", but also to reverse it.

The increase in hirings of private sector salary workers has started to slow, generating fears of a reversal of the rise in employment.

Almost seven in every 10 Greeks are in a dire financial situation, according to data compiled by the Organization for Economic Cooperation and Development (OECD).

Greece's economy has benefited by 5.66 billion euros from adopting 161 market reforms recommended by the Organization for Economic Cooperation and Development, out of a total of 775 in the OECD's "toolkit," according to provisional calculations by the Hellenic Federation of Enterprises (SEV).