Calamos Supports Greece

George Stathakis

Economy Minister: Greek Economy to Contract Less than 2.0 pct this Year

The Greek economy is expected to contract by less than 2.0 pct, maybe even 1.5 pct, Economy Minister George Stathakis said in a radio interview on Friday. Stathakis noted, however: “I dare not give the exact number, but we hinted...

Greek Gov’t VP: ‘We’re Almost Ready for a Deal’

Negotiations with Greece’s lenders are continuing normally and the Greek government is almost ready for an agreement, Government Vice President Yannis Dragasakis told journalists on Friday, after the meeting of the government council for economic policy. Asked whether there are...

Greek FinMin: Deal with Lenders Possible by August 20

Greek Finance Minister Euclid Tsakalotos said on Tuesday that based on the progress of the negotiations with Greece ’s lenders, an agreement could be achieved by August 20. Speaking after the completion of the first part of the negotiations with...

Greek Finance Ministry Occupied by Trade Unionists

Members of the All Workers Militant Front (PAME) trade union have currently occupied the Greek Finance Ministry. According to their announcement, “at the moment, workers from dozens of trade unions in the private and public sector have rallied in PAME...

Greece Expects Positive Signs from Monday's Eurogroup

The Greek government expects a "positive political sign' to emerge from Monday's Eurogroup to reflect "the progress" made in the negotiations with Greece, sources said after the end of a meeting chaired by Greek Prime Minister Alexis Tsipras late on Friday. The...

Greek Economy Minister: Government is Renegotiating the Sale of OLP with COSCO

The government is currently renegotiating the terms under which Piraeus port (OLP) will be sold to COSCO, Economy, Infrastructure, Shipping and Tourism Minister George Stathakis said in Greek Parliament. “Our policy is clear and aims at maximizing the benefits of...

Greece Considers Selling Ports to Reach Deal With Creditors

Greece's government is considering selling stakes in its two largest ports as a concession to reach an agreement with its lenders and unlock bailout funds, a government official said yesterday. Greek Prime Minister Alexis Tsipras's new leftist government had sought...

Greek Economy Minister on Bad Loans

The Greek government expects the procedure for the bad loans settlement to be concluded in about six months, according to a document by Economy, Infrastructure, Shipping and Tourism Minister George Stathakis and was sent to the Parliament on April...

Greek Economy Minister: Agreement with Lenders Within the Next Days

Greek Economy Minister George Stathakis appeared certain that an agreement with Greece ’s lenders will close within the next days, in an interview to the Sunday edition of Eleftheros Typos newspaper. The minister left open the possibility of a special...

Greek Economy Minister: Deal Soon for Greece

An agreement with the lenders is expected to be reached in the Holy Week, Greek Economy Minister George Stathakis told SKAI TV on Wednesday. "I take it for granted that the agreement will close soon and will lead to the disbursement of...