Hellenic Federation of Enterprises

Protesters vandalize SEV entrance

Members of the Communist Party-affiliated union PAME vandalized the entrance to the Hellenic Federation of Enterprises (SEV) in central Athens with red paint early on Tuesday.

The PAME members targeted SEV's offices during an anti-austerity protest.

In a statement, PAME blamed Greek industrialists for repeated cuts to salaries and compromising workers' rights over the years.

Dragasakis: Undertaxation, private sector to blame for the crisis

Deputy Prime Minister Yiannis Dragasakis has responded to accusations leveled against the government about overtaxing the Greeks, claiming that Greece defaulted because of undertaxation in previous years, while also placing the biggest part of the blame for the crisis on the private sector.

Delays in major projects make investors reluctant

The Hellenic Federation of Enterprises (SEV) has again warned that overtaxation could keep the country's growth rates at subdued levels, while the obstacles the government is putting in the way of big investment projects such as the Halkidiki gold mines (Eldorado Gold) and the development of the former airport at Elliniko (Lamda Development) serve as a deterrent to other would-be investors.

US company ONEX owned by Panos Xenokostas to buy Neorion shipyard

Ambassador Geoffrey Pyatt stressed once more the importance of Greek-American strategic partnership and U.S. interest in investing in Greece.

U.S. interest in investing in Greece is growing fast and major American companies are ready to move in strategic sectors of Greek economy.

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