ECONOMY

Fessas calls for growth masterplan

fessas-calls-for-growth-masterplan

To attract new investment capital to the Greek economy, the country needs to encourage all kinds of business plans, to provide tax incentives and to promote privatizations, the president of the Hellenic Federation of Enterprises (SEV), Theodore Fessas, argued during his address at the CEO Summit Forum in Athens on Thursday.

Fessas underscored that the country is on the crossroads of East and West, both geographically and culturally, but despite its good fortune of being a member of the European Union, it has still not managed to transform itself into a business hub.

The head of Greece’s industrialists also pointed out that it is absolutely essential for a new growth plan to be put together to make the most of the country’s comparative advantages and focus on the strengthening of the sectors that can prosper. He also spoke in favor of a political agreement that would see the implementation of a new program for Greece to become a country of opportunities and not of constant backtracking.

The head of the Association of Hellenic Tourism Enterprises (SETE), Andreas Andreadis, added that existing enterprises cannot operate without tax stability, and neither can Greece expect new investments.