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December 11, 2012

Greek Industrialists Slam Govt's Energy Pricing Policy

The President of the Hellenic Federation of Enterprises (SEV), on Monday evening boldly criticised the government's policy on energy, and specifically on issues regarding pricing and the cost of energy. 

Speaking during the Federation's General Council Meeting, attended also by undersecretary for Environment, Energy and Climate Change, Asimakis Papageorgiou, SEV President Dimitirs Daskalopoulos was quoted as saying that "what we ask form the government is not to systematically saw off the branch that can flourish."

He added that it was impossible for the country's industrial sector to boost competitiveness mainly because of new taxes imposed by the state on production, making it highly costly. The SEV president specifically referred to a rushed decision by the Public Power Corporation (DEH) to go ahead with an increase in electricity rates for medium and high voltage industrial consumption. (AMNA)