Calamos Supports Greece

Euclid Tsakalotos

Finance Μinistry, Greek Banks Say they're Positive About Results of Recapitalization

Greece ’s finance ministry and the country’s main lenders expressed on Sunday their optimism about the outcome of the third bank recapitalization, following the announcement of the results of European Central Bank’s stress tests on Saturday. Banks are now...

Greek Gov't to Prosecute Former General Secretary of Public Revenue Katerina Savvaidou

The Greek prosecutor against corruption filed for the criminal prosecution of former general secretary of Public Revenue Katerina Savvaidou on felony charges for infidelity against the service. Only a few days ago Savvaidou had been dismissed from her post,...

Tsakalotos and Dombrovskis Address Issues of Non-Performing Loans and First Home Protection

The Greek government and the institutions are seeking an honest compromise on the issue of non-performing loans, Finance Minister Euclid Tsakalotos and Vice President of the European Commission, Valdis Dombrovskis said on Monday. Speaking to reporters, after the meeting, Dombrovskis...

Dombrovskis: Greece Can Return to Growth in the Second Half of 2016

I believe that Greece can return to growth in the second half of 2016, said European Commission Vice President Valdis Dombrovskis in an interview with VIMA newspaper. Dombrovskis also underlined that the "top priority is the implementation of the ...

Greek Gen Sec for Public Revenue Terminated for Breach of Duty

General Secretary for Public Revenue Katerina Savvaidou is terminated from her duties after a unanimous decision of the Greek cabinet on allegations of breach of duty. Savvaidou had denied any wrongdoing and she was refusing to resign after the insistence...

Greek Public Revenue Secretary Refuses to Resign Over Misdemeanor Charges

General Secreatary for Public Revenue Katerina Savvaidou refuses to resign despite the fact that Maximos Mansion is urging her to resign on ethics grounds. Sources close to Prime Minister Alexis Tsipras express the government's concerns over Savvaidou's ability to perform...

Meeting Between Greek Economic Staff and Institutions' Representatives Concluded

A meeting between Greece's economic staff and the representatives of the institutions on the implementation of the prior actions for the disbursement of the 2 billion euro sub-tranche was completed. On the Greek side, Finance Minister Euclid Tsakalotos and State...

Meeting Between Greek Economic Staff and Creditors' Reps Underway

A meeting between Greece's economic staff and creditors' representatives on the implementation of the prior actions required by the bailout program is underway. On the Greek side, Finance Minister Euclid Tsakalotos and State Minister Alekos Flambouraris participated in meetings on...

IMF Assures Greece of its Support to Reform Program

International Monetary Fund Managing Director Christine Lagarde assured Greek Finance Minister Euclid Tsakalotos that the fund is ready to work with Greece to promote the country’s reform program. The meeting took place on the sidelines of the World Bank-IMF summit...

U.S. Treasury Secretary Stresses Importance of Greece's Debt Relief to FinMin Tsakalotos

U.S. Treasury Secretary Jack Lew reiterated the importance of Europe following through on its commitment to put Greece’s debt on a sustainable path through debt relief, in a meeting with Greek Finance Minister Euclid Tsakalotos. The U.S. official also said...