ECONOMY

SEV: Bolster sectors of high added-value

sev-bolster-sectors-of-high-added-value

The Hellenic Federation of Enterprises (SEV) on Thursday proposed the restructuring of indebted, low added-value companies for the country’s credit system to be able to finance high added-value firms that generate employment and income.

The industrialists made the proposal on the occasion of the bank recapitalization’s completion, saying that “the banking system is [only] as healthy as its clients.”

This proposal, made in SEV’s weekly bulletin, is based on a detailed analysis of the Greek production model, which is seen as trapped in low added-value activities.