Change of Prime Minister accompanied by new expectations about a way out of the financial crisis

The selection of Mr. Lucas Papademos as the new Prime Minister of Greece may instil an atmosphere of stability in Greece and be the starting point of a gradual improvement of Greece’s image and reliability abroad.

We hope that substantial growth measures will also be taken in order to boost the competitiveness of enterprises, which will have a tangible effect on the real economy. We also hope that during the period in which the new government will manage the future of Greece, substantial reforms will take place to boost business competitiveness and actually reverse the poor financial climate prevailing in the domestic market.

We have run out of time and although I do not want to sound like an alarmist, something has to change very rapidly, otherwise there will be no enterprises left in the near future…

Especially as regards manufacturing companies, the new political leaders should finally realize that it is impossible for the country to get out of the financial crisis without any production base. In this context, we expect from a multi-party government such as that of Mr. Papademos to take bold steps in the field of structural changes, which are required for boosting business competitiveness, giving priority to the reduction of bureaucracy and multiple laws, to the establishment of a stable tax system and the consolidation of an atmosphere of security for citizens and enterprises.

I believe that what the previous government had declared in words should be actually implemented in practice. In other words, while striving for growth, priority should be given to the country's production base in order to maintain the existing job positions and boost the extrovert activities of Greece.

The Federation of Industries of Northern Greece will soon seek to arrange work meetings with the Ministers who are in charge of production-related ministries in order to discuss the views and proposals about the competitive recovery of regional manufacturing companies and how to bring industry back into the limelight of a new growth strategy.

In this context, the following will be required from the political leaders:

1. To accelerate the structural changes concerning fiscal consolidation, and improvement of Greece’s reliability and image abroad.

2. To refrain from any new imposition of direct and indirect taxes so as to protect mainly low-income people.

3. To enhance, in a prompt and concrete manner, the feeling of security among Greek citizens and Greek entrepreneurs.

4. To establish direct growth measures that will improve business operations on a daily basis and will finally help enterprises to bolster their competitiveness, thus contributing to their survival, the maintenance of job positions and, finally, their growth.

5. To boost the extrovert character of Greek enterprises and adopt a new extrovert growth model for the Greek economy.

6. The new tax bill that will be passed should remain in effect over the next five years, and aim at growth rather than tax collection.

7. Employment rather than unemployment should be subsidized. In other words, we propose that the employer's contributions should be subsidized at least over the next three years so as to maintain the necessary job positions and, finally,

8. Liquidity and ultimately the competitiveness of domestic enterprises should be bolstered.

In any case, the consent we have been seeking over the last few months has been primarily achieved.

What is left to be done is to have – AT LAST - the right decisions made for the recovery of the economy and enhancement of domestic enterprises’ competitiveness.

Previous President's Messages

A New Year showcasing GREEK VALUE

A new year, with changes in the state and society

Change of Prime Minister accompanied by new expectations about a way out of the financial crisis

Zero profits for processing industries in Northern Greece in 2010, with one in three businesses reporting losses

Only daring decisions will take the country out of this impasse

The Federation’s Proposals for development

The need to take measures to immediately bolster the economy and improve business competitiveness

A new year – new expectations for growth and development

Developmental measures to offset unemployment benefits with job subsidies

Enhancing "Greek Value" by resolving problems that drag on

Greece’s rise in the IMD World Competitiveness Yearbook ranking is encouraging news amidst the crisis

The Federation of Industries of Northern Greece making a decisive contribution to manufacturing strategy up to 2020

The government's immediate priorities in 2010 to develop the infrastructure in Thessaloniki and boost the competitiveness of manufacturing enterprises

Expectations from the new government: the manufacturing sector should be the new government’s focus

Industry should be among the Government’s policy priorities

Industry centre stage again

Proposals for avoiding the financial crisis

Bold decision-making for avoiding the financial crisis

Prospects for growth in Northern Greece in an environment of international crisis

Investment Law and Northern Greece

The market of izmir: the next goal for outward-looking enterprises of northern greece

The new government’s aspirations for thessaloniki and northern greece: fing’s proposals for development

Thessaloniki and Northern Greece in International Markets

Regional development policy as an engine for local industrial development

Global orientation, productivity and realistic management of the National Strategic Development Plan (NSDP). The challenges for 2007

Investment Law and Northern Greece

The new legislative framework for research and technology in Greece: a government nod of approval for the proposals made by the Federation of Industries of Northern Greece (FING)

Thessaloniki has the potential to become the second pole of development for Greece and the headquarters for development organizations nationwide

Changing attitudes to combat unemployment – Proposals for creating closer links between education and production

Support for the Regions: From now on, policy actions and not just policy announcements

The business community – a force for social cohesion in Northern Greece



FEDERATION OF INDUSTRIES OF NORTHERN GREECE
1 MORIHOVOU SQ. GR 54625 THESSALONIKI GREECE - TEL. +30 2310539817 FAX. +30 2310541933