Calamos Supports Greece

Euclid Tsakalotos

FinMin Tsakalotos Meets With Institutions on Taxation, New Talks on Saturday

A meeting between Greek Finance Minister Euclid Tsakalotos, Alternate Finance Minister Giorgos Chouliarakis with the heads of the quartet of institutions ended on Thursday evening, with the two sides discussing the changes in the system of taxation. According to a...

Eurogroup's Dijsselbloem: Institutions to Return to Athens 'Possibly Tomorrow'

Eurogroup President Jeroen Dijsselbloem said the institutions will return to Athens “possibly tomorrow” to complete the first review of Greece’s adjustment program. Speaking after the Eurogroup meeting at a joint press conference with European Commissioner for Economic and Financial Affairs,...

Greek FinMin Tsakalotos Admits Bailout Review Process Is Up in the Air

Speaking in the parliament, Greek finance minister Euclid Tsakalotos confirmed that negotiation talks between Greece and the international creditors are up in the air and said that there won’t be a full release of funds since there will be...

Success of Greek Program Jeopardized Due to Delays in Evaluation

The success of Greece’s economic reform program is in jeopardy due to the delays in its first review, for which the International Monetary Fund (IMF) is mainly responsible, Finance Minister Euclid Tsakalotos said on Wednesday, during a hearing in...

Greek Economy Minister: Review Must Close as Soon as Possible

The program review needs to close as soon as possible, Greek Economy Minister George Stathakis said on Tuesday to realFM. "We do not have the luxury the review to be extended, it must be completed as soon as possible and...

Greek FinMin: IMF Needs to Understand that Greece is a European Country

Greek Finance Minister Euclid Tsakalotos in an interview with RealNews newspaper on Sunday sent a message to the IMF to understand that Greece is a European country. He also underlined that the basis for the discussion cannot be other than...

State Assumes Control of Athens Concert Hall After Covering Debts

The Athens Concert Hall, known locally as the “Megaron,” the foremost major arts center in the country, has come under state ownership after the government agreed to cover its bank debts to ensure its survival, it was announced on...

Greece's Creditors Suggest Spending Cuts Instead of Tax, Contribution Hikes

Creditors suggest that Greece should proceed with government spending cuts instead of raising taxes and contributions in order to save security funds. According to a new report by the European Central Bank, at this point the Greek government must proceed...

'We Are Dead' If Review of Bailout Program Is Delayed Until Start of Summer, Says Greek Finance Minister

Euclid Tsakalotos, Greece’s finance minister, told the parliament yesterday, February 8, that “we are dead” if the review of the new bailout program will not be completed soon and is delayed until May or June. His comments about the state...

EU: Creditors Not Coming Back for Talks Unless Greece Cooperates

Greece's creditors will not return to Athens for further negotiations on the bailout program implementation unless the Greek government cooperates, says a Market News International report. The quartet of representatives of Greece's lenders -- the European Commission, European Central Bank, European...