Tsipras and SEV agreed on “exit plan” out of the crisis

Tsipras and SEV agreed on “exit plan” out of the crisis


By Spiros Sideris – Athens

The need for a national development plan, which will be based on investment rather than on consumption, agreed the management of SEV and the leadership of SYRIZA, during their meeting yesterday in Koumoundouros, according to the president of the Association, Thanasis Fessas.

“The position and the view of the BSE is that investments will come from the private sector thereby creating sustainable, well-paying jobs. We said that we are even ready to listen to proposals for the management of public debt, without any effect on the country’s European course and stability – especially in our region. Beyond that, I think on many issues we can find commonly accepted solutions”, said Fessas.

On the recommendations of SEV, its president also said that the formulation of a realistic National Development Plan is essential for the present and future of the economy, adding that the project should have widespread acceptance and that SEV proposes five key pillars on which this can be achieved: the financing of the economy in relation to the management of Red loans, tax policy, industrial policy, boosting employment through a new social dialogue and energy policy.

In regard to the reinstatement of the minimum wage, Fessas stated that SEV “never raised the issue of minimum wage” and that companies that its members are paying average salaries above that of 751 euros. “We believe that well-paid workers boost businesses in which they work”, said Fessas.

On the side of SYRIZA it is noted that Alexis Tsipras told the SEV management that the greek economy is in extremely critical juncture, because of the four years of implementing memoranda, which “resulted in the destruction of society and the suppression of the real economy”.

The president of SYRIZA argued that there can be no development when the public debt of the country is moving to 175% of the GDP, when 10 billion euros every year is allocated to pay interest, while at the same time maintaining the requirement of the memorandum for annual primary surpluses of 4.5% of the GDP.

“The final and sustainable exit from the crisis, the recovery, the reconstruction and the development of production in the economy require the broadest possible social consensus in the strategy of a strong and effective negotiating from a government with a fresh popular mandate and a strong majority – the government of SYRIZA. The purpose of negotiation is the deletion of a large part of the public debt of the country, a moratorium for its repayment and a growth clause for the repayment of rest of the debt”, stressed Tsipras.

The president of the main opposition continued by saying that the SYRIZA strategy to exit the crisis include: the restoration of labor laws and the minimum wage, the redistribution of income to vulnerable social groups, and the settling of the so-called “red-loans” of the banks for the relief of households and businesses.

Tsipras also referred to the role of both the public and private sectors as “important” for the stimulation of domestic demand, the recovery and growth of the economy, with respect to the labor and environmental legislation and the social economy.