Calamos Supports Greece

ENFIA

Greek Tax Odyssey: ENFIA Icing on Government's 23.3-Bln-Euro Tax Hunt

Greek taxpayers will need to brace themselves over the next few months for a total of 23.3 billion euros to be squeezed out of them in the form of income tax, priority taxes, car registration fees and other duties....

Greek Gov't Takes Back Property Tax on Parcels

The Greek government has been forced to make some changes in the single property tax (ENFIA) in order to prevent citizens' reactions and inner-party disagreements. One of the pre-election pledges of Alexis Tsipras and his SYRIZA party was to abolish...

Euro Zone Finance Ministers Warn Greece of Tough September

Greece is not on the agenda of today's (Monday) meeting of euro zone finance ministers, but European Commission officials warn Greece that September will be tough. The second review of Greece's bailout program will take place in September and it...

Bank of Greece: Real Estate Prices will Continue to Drop

Real estate prices in Greece will continue to drop in the next few quarters, a Bank of Greece report says. The central bank's report on monetary policy predicts that prices and demand will continue to slide, albeit at a lower...

Greeks Expected to Pay €30 Bln in Taxes Until End 2016

Greek citizens are called to pay 30 billion euros in taxes until the end of 2016, says an Imerisia newspaper report. Greek taxpayers will have to pay that amount in order for the 2017 budget to be within the target...

Greece to Impose €1.5 Bln Taxes to Unlock Loan Tranche

The Greek government has to impose 1.5 billion euros in taxes in order to unlock the next loan tranche and the multi-bill was tabled in parliament on Wednesday. Greek lawmakers have to read the 284-page omnibus bill in three days...

New Tax Avalanche for Greeks to be Tabled in Parliament

A new series of taxes will be tabled soon in Greek Parliament after Sunday's vote on taxation and security fund reforms. The memorandum between Greece and creditors that goes into effect in June calls for more taxes in order to...

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...

Greek Church On the Verge of Bankruptcy

With its income reduced dramatically and huge amounts of money lost in stocks and assets, Greece's Church might be soon faced with bankruptcy. Many monasteries in Greece will soon be unable to pay their workers whereas some cannot even...

Three in Ten Households in Greece Unable to Pay Taxes

The dire state of the Greek economy is reflected in the inability of many households to fulfill their tax obligations, says a study conducted on behalf of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE). The study, conducted by the Institute of...