New initiative aims at reducing undeclared work that remains a significant feature of the Greek economy.

The agreement builds on an effective social dialogue based on the main findings and recommendations of an ILO Diagnostic report on undeclared work in Greece . The report estimates the size of the undeclared economy in the country at 25 per cent of GDP.

The roadmap was adopted during a workshop that took place in Athens by Georgios Katrougalos, Greek Minister of Labour, Social Insurance and Social Solidarity; Giannis Panagopoulos, President of the Greek General Confederation of Labour (GSEE); Harry Kyriazis, Advisor to the Board of Hellenic Federation of Enterprises (SEV); George Kavvathas, President of the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE); Vasilis Korkidis, President of Hellenic Confederation of Commerce and Entrepreneurship (ESEE) and Giannis Retsos, the First Vice President of the Association of Greek Tourism Enterprises (SETE).