Calamos Supports Greece

Greece

No Need to Cut Pensions, Says EU Commission Vice President

Greece will meet the 3.5 percent primary surplus target for 2019 and therefore no pension cuts will be needed, said European Commission Vice President Valdis Dombrovskis on Thursday. He spoke in response to a question posed by the Greek Member...

Collective Bargaining Must be Restored in Greece, Dijsselbloem Tells Papadimoulis

Collective bargaining is a European best practice and should be restored in Greece, Eurogroup President Jeroen Dijsselbloem said on Tuesday, replying to SYRIZA MEP Dimitris Papadimoulis. Speaking during a discussion with MEPs on the European Parliament's Economic and Financial Affairs...

SYRIZA MEP Papadimoulis: Debt Relief Measures Must Be Made Specific

GUE/NGL MEP Dimitris Papadimoulis, Vice President of the European Parliament, said that the Radical Left Coalition (SYRIZA) party's goal for measures on Greek debt relief has found "response in the lenders' camp." Speaking to radio station Praktoreio 104.9 FM,...

European Commission Launches Discussion Forum in Athens

A new venue for public debate about European issues was inaugurated on Friday by the European Parliament liaison office and the European Commission representation in Athens. "This action intends to bring Greek citizens closer to Brussels, in order to discuss...

Greek MEP Papadimoulis: Cost of no Agreement on Greece Is 1.0 Trillion Euros

If Greece and its partners fail to reach an agreement on how to handle the country's debt, the cost to its creditors will be in the region of "at least one trillion euros," Greek MEP and European Parliament Vice-President...

EU Commissioner Moscovici: Greece has the Right to Act Within the EU Acquis

European Parliament Vice President Dimitris Papadimoulis raised the issue of collective labor contracts during a debate in the Europarliament on Wednesday. Addressing European Commissioner for Economic and Financial Affairs Pierre Moscovici asked him to state the position of the European...

Greece Ranked Lowest in EU in Updated Gender Equality Index for 2017

Europe is making progress on gender equality but "at a snail's pace," according to the updated gender equality index for 2017 issued by the European Institute for Gender Equality (EIGE) on Wednesday. The European Union as a whole scored...

Draghi: ECB Waiting for Measures That will Make Greek Debt Sustainable Long-Term

The European Central Bank (ECB) is waiting for the measures that will make Greek debt sustainable in the long-term in order to decide on Greece's participation in the quantitative easing program, central banker Mario Draghi said on Monday, testifying...

Dombrovskis on Greek Debt, Primary Surpluses and Growth

European Commission vice president Valdis Dombrovskis, appeared positive over strong growth rates in Greece in 2017, and meeting deficit and primary surplus targets in questions posed by European parliament vice president Dimitris Papadimoulis, during the Economic and Monetary Policy...

Pierre Moscovici: Discussion on Debt Relief to Start After Summer

European Parliament Vice-President and SYRIZA MEP Dimitris Papadimoulis on Tuesday asked EU Commissioner Pierre Moscovici and European Commission Vice-President Valdis Dombrovskis whether they are considering lower primary surpluses as of 2018 in order to help Greece return to growth. He...

EU's Moscovici Sees Discussion on Greek Debt Starting in Early 2016

European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Tuesday he was confident that a discussion on Greece's debt might begin at the start of 2016, while addressing the European Parliament's Economic Affairs Committee. "I believe that in the...

SYRIZA Members Leak Scenarios of Snap Elections in June

SYRIZA cabinet members have leaked scenarios of snap elections or referendum if Greece does not come up with an agreement with creditors until June, when the bailout extension expires. Sources close to Prime Minister Alexis Tsipras said that this is not...