Calamos Supports Greece

taxation

Insurance Market Declines in Greece

The number of people who cashed in savings-based insurance policies early reached a record high in 2015, showing the decline of the insurance market in Greece, a Kathimerini report says. As disposable incomes dwindle after the onset of the economic...

Greek Households Unable to Pay Their Taxes, Study Shows

  The majority of Greek households cannot afford to pay their taxes, says a study conducted by the General Confederation of Greek Workers (GSEE). "The sharp decline of wages in the past six years has reduced dramatically the tax-paying abilities of...

Greek Labor Minister Admits to Further Pension Cuts at Creditors' Request

Greece's Labor Minister Giorgos Katrougalos admitted on Thursday that the government may have to proceed with deep pension cuts as creditors request. Speaking to government friendly Sto Kokkino FM radio, the labor minister said that lenders would not accept a...

Creditors Arrive in Athens for Crucial Bailout Program Review

Greece's creditors arrived in Athens on Tuesday night in order to start the evaluation of the implementation of the bailout program with several issues still open. The heads of the creditors' missions - Declan Costello of the European Commission, Nicola...

Greek Farmers Enter Second Month of Protest Actions

Greek farmers have decided to enter the second month of protest mobilizations after their meeting with Prime Minister Alexis Tsipras on security funds and taxation proved fruitless. West Macedonia and northern Greece farmers decided to continue blocking major national highways...

Greek Farmers to Decide Further Actions After Government Proposals

After four and a half hours of talks, Greek farmers left the government mansion saying that they will present the prime minister's proposals to their unions to decide whether they would continue their protest actions. Prime Minister Alexis Tsipras has...

Creditors Reps Return to Greece, New Measures Might be Needed

The quartet of Greece's creditors return to Greece on Monday to discuss several issues that remain unresolved, with the finance minister worrying that new fiscal measures might be needed. Finance Minister Euclid Tsakalotos says that the bailout program evaluation must...

Farmers Organize Second Rally in Front of Greek Parliament

More farmers joined during the second day of the massive demonstration in front of the Greek Parliament that started on Friday evening. Farmers are protesting against the Greek government’s new draft bill on security funds and taxation. Their unions have...

Greek Farmers Intensify Blockades

The Greek farmers unions have decided to intensify blockades during the weekend and for an indefinite period of time, while tractors filled the main roads of Thessaloniki stopping traffic. Several key points of Greece's main thoroughfares will be blocked for...

Thousands of Greek Businesses Relocate to Bulgaria

Almost 6,000 Greek businesses have relocated to Bulgaria in the last two years alone, says the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE). In addition, about 60,000 Greeks have registered new companies in Bulgaria's tax offices or opened accounts...