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Finance Minister Hardouvelis Addresses Hellenic Federation of Enterprises

Greek Finance Minister Gikas Hardouvelis addressed the Hellenic Federation of Enterprises’ (SEV) General Board yesterday, according to reports.

Hardouvelis stated that its the government’s duty to determine the required fiscal policy, hinting at new court decisions regarding various public servants’ opinions that cut wages were illegal, as reported by ANA-MPA.

The Finance Minister asked entrepreneurs to be open minded regarding global investors acquiring portions of their companies. He stated, "we must bring foreign capital so as to create a balance which will help the economy as a whole”.

Hardouvelis declared his support of governmental reform efforts and commented that “there can be no going back to the old times”. The Finance Minister also spoke of the nation’s taxation procedures that require “great simplification” and its necessity to develop into “a stable tax system”.

(Source: www.amna.gr)