Calamos Supports Greece

Giorgos Mergos

Former PPC Officials Quit Over Losses

The head of Greece's privatization fund, Takis Athanasopoulos, and the Finance Ministry's General Secretary Giorgos Mergos resigned on March 9 after former managers of the Public Power Corporation (PPC) were charged with breach of duty for commissioning in...

SYRIZA Occupies Greek Finance Ministry Office

Angry over his statements that the Greek minimum wage is too high and should be further reduced despite a 22 percent previous cut, demonstrators took over the office of Finance Ministry General Secretary Giorgos Mergos on the morning of...

Greece Says No More Minimum Wage Cuts

Greece's Finance and Labor Ministries authorities have insisted there are no plans to lower the minimum wage any further after a government official suggested that people being paid 586 euros ($788) a month - before taxes are being paid...