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ATHENS – A major Greek industrial group said the government has to develop a national strategy for an economic recovery instead of just relying on relentless rounds of austerity.

The Hellenic Federation of Enterprises (SEV) proposed a four-point plan it said would help a looming recovery and as Prime Minister Antonis Samaras is reaching out for more foreign investors.

This “national strategy on the economy” is the result of a broader agreement in the business world because of ongoing political instability and because the group leaders said political parties are so involved in infighting they have neglected the economy and business.

SEV called for establishment of a national committee to negotiate debt relief with international lenders, agreement on the next Parliament’s constitutional reform, a commitment by the major political forces to make sure the country stays in the Eurozone and using European Union investment programs to help propel growth based on private initiative.



The post Industrialists Want Greek Economic Plan appeared first on The National Herald.

Source: The National Herald
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