SEV asks P. Moscovici for debt relief and road map for lower taxes

Greek enterprises called for a completion of a second review of the Greek program to pave the way for inclusion of the country in ECB’s QE program and a debt relief agreement along with a road map for lower corporate taxes, the Federation of Hellenic Enterprises (SEV) said during a meeting with European Commissioner for Economic and Financial Affairs Pierre Moscovici on Tuesday.

SEV president Theodoros Fessas and members of SEV board had a breakfast working meeting with Commissioner Moscovici at the Federation’s premises and discussed possibilities of attracting private investments in the country.

“We met today with Commissioner Moscovici, a stable friend of our country and a supporter in an effort to modernize Greek economy and its return to sustainable growth course. We told the Commissioner how important it is for the country’s economy to successfully complete a second review, which will pave the way for positive developments, such as inclusion in the QE program and debt relief procedures. Additionally, we stressed the need to have a road map for a gradual lowering of high taxes imposed on organized enterprises and workers. Greek economic growth needs attraction of private investments. SEV has prepared a package of proposals aimed to restart investments and to gradually change Greece’s productive model,” Fessas said in a statement issued after the meeting.