Calamos Supports Greece

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Bank of Greece Marks Significant Reduction in Deposits in November

A significant reduction was noticed in business and household deposits in Greece in November 2015. According to data from the Bank of Greece, the total deposits fell to 120.9 billion euros from 121.1 billion euros in October. Reuters reported that these are...

Greek Bailout Program to Be Evaluated in October According to Eurozone Official

The procedures for the first evaluation of the new bailout programme will start in October, a senior Eurozone official said on Wednesday. Apart from the technical issues of the evaluation, issues of political interest such as the IMF's role,...

Greek Budget Revenue Exceeds August Target

Budget revenues surpassed targets by 1.6 pct in August, the Finance Ministry said on Monday.  In an announcement, the ministry said that budget revenues totaled 4.055 billion euros in August, up from a budget target of 3.991 billion euros. The...