The civil servants’ trade union ADEDY on Monday called on all public sector employees to participate in the demonstration to be held by the municipal workers union POE-OTA in a central Athens square on April 9.

ADEDY also said it would continue and escalate strikes until Easter.

Meanwhile, the European Trade Union Confederation (ETUC) has called a Euro-demonstration in Budapest to take place on April 9. The European trade unions will march against austerity and call for more social Europe, fair wages and quality jobs.

Business briefs...

* Investment activity in the commercial real estate market fell last year in Athens and Thessaloniki, hit by a climate of uncertainty created by the adverse economic environment and limited liquidity of buyers, a survey by Eurobank EFG Property Services revealed on Monday.

* Greek entrepreneurs will enjoy a reduction of around 30 pct in terms of cost to set up a new business, through the introduction of a general commercial register (GEMH), which officially began operation on Monday. Representing the new agency, Stefanos Komninos, secretary-general of commerce, and G. Sfakianakis, president of the GEMH supervisory board, told reporters that five ministries, the country’s courts of first instance, 59 chambers of commerce and prefectural authorities worked together - and will continue to do so.

* Greek tourism authorities are optimistic over the tourism trend this year, with relevant Culture & Tourism Deputy Minister Giorgos Nikitiadis expressing confidence that Greek tourism will move up this year, both in terms of arrivals and revenues.

* Increased export activity and supplementary commercial activities by Greek-listed industrial companies largely counterbalanced losses suffered in the domestic market, an analysis of 2010 results showed on Monday. Despite the fact that 62.6 pct of parent companies reported losses last year, totaling 135.7 million euros, consolidated results showed a net profit of 465.6 million euros in the same period.