ECONOMY

Industrialists? head attacks political system

The head of the Federation of Greek Industries (SEV), Dimitris Daskalopoulos, suggested on Monday that there should be no cuts to salaries in the private sector, launching a scathing attack on the political system and the public sector.

?It is unfair and illogical to discuss cutting salaries in the private sector while the bankrupt state remains as big as it was [before the crisis] and the privileges of the unions in the public sector remain practically intact,? he said in a statement.

He went on to argue that the employees in the private sector are already paying the heftiest price in a crisis that they are not responsible for.

?With their work and their profits, enterprises fund the state system that feeds on its clientele, a system the political class appears unwilling or unable to touch,? he added.

He also called for an end to red tape and for a streamlined state, ?which is strangling the economy,? adding that ?anachronistic? state interventionism will need to cease.