Hellenic Federation of Enterprises

Employees who will be affected must obviously be retrained to some degree so as not to be marginalised on the one hand and for them to enter new technology fields as soon as possible on the other, according to SEV.

Greece is perhaps the only European country where political life literally paralyses before an election. The state lacks continuity and is managed in piecemeal fashion. The state machine freezes with a view to the upcoming political transition.

The unemployment rate among youth up to the age of 24 was 36.6 percent, while among young people between the ages of 24-34, the rate was 24.3 percent.

Over-taxation, austerity, and vote-mongering handouts trap the economy in a vicious circle which hinders growth and consequently impedes the creation of new jobs.

Two days ago, the World Bank released its report on the degree to which countries facilitate business activity. Instead of improving, Greece is steadily declining.

Can the country emit a message of stability to markets when the political class, in contrast to the citizenry, appears to have learned nothing from the errors of the past and the eight-year crisis?