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Wednesday, December 24, 2014

Hellenic Federation of Enterprises: National Consensus is the Only Way Out

The need for national consensus that constitutes “the only way out today” and the agreement of the political parties on four national strategy directions for the Greek economy, was underlined by the Hellenic Federation of Enterprises (SEV) in an announcement on current political developments issued on Tuesday. SEV warned of the risk of entering a new round of recession “that is visible and major,” adding that “also visible, is the prospect of maintaining sustainable economic growth after 5 years of sacrifice.” According to SEV, the environment of uncertainty and insecurity created by the political tension “freezes” the real economy, turns, once again, enterprises and citizens into hostages of limited liquidity and undermines public revenue. “Such a dangerous setback affects all of us but mostly the financially weak,” SEV underlined. SEV called for national consensus on four points: the establishment of a national committee to negotiate public debt; the agreement of political parties on a Constitutional revision by the next Parliament; the political powers’ commitment on the country’s European course; and the utilization of European policies for economic growth (ECB liquidity, EU investment program) based on private investments. “We are going through times of major turbulence. The European family provides geopolitical and development guarantees to a country with Greece’s characteristics. Our prosperity depends on the state’s substantive reform and the economy that only the European prospect can ensure. The negotiation for a better future requires a strong economy; and a strong economy is built based on a plan and with a spirit of cooperation, realism and hard work,” SEV concluded. (source: ana-mpa)


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