ECONOMY

SEV proposes job creation initiatives

The Hellenic Federation of Enterprises (SEV) proposed on Wednesday that minimum salaries under the national wage agreement should be frozen until year-end and automatic pay increases reviewed.

This year will be even more difficult than previous ones and the room for companies to cut costs is exhausted, the Athens-based body said in an e-mailed statement before talks with GSEE, Greece?s largest private sector union.

Greece?s social partners should commit the government to creating jobs by reducing non-wage costs without raising taxes, cutting company charges for employees for each new job created and removing obstacles to employee profit sharing, the federation said.

[Bloomberg]