Calamos Supports Greece

George Katrougalos

Creditors' Representatives Leave Athens Without Complete Agreement on Pension Reform

A new "round" of anxiety regarding the future of the negotiations starts as of Sunday, since the creditors' representatives are departing from Athens without any agreement on the three basic issues of the pension reform plan, security funds and...

Creditors Meet For Negotiations During the Weekend

The creditors' representatives will depart from Athens sometime between Sunday and Tuesday, announced a top member of the Finance Ministry, with many parts of the negotiation still being left open, as there was no agreement regarding the issues that...

George Katrougalos Blames the IMF for the Delay of Pension Reforms

"The voting of the bill on pension reforms has been significantly delayed and this is due to IMF's stance and its unreasonable demands," Labor Minister George Katrougalos on Thursday said in statements to Praktorio 104.9 FM. The negotiation with the...

Labor Min Katrougalos Dismisses Report Over Levy on Pensioners

Greek Labor Minister George Katrougalos on Friday in statements to ANA-MPA dismissed a report in newspaper "Ta Nea" that a special levy will be imposed on pensioners. "The country's permanent power centers see their temporary status and react spasmodically ......

Greek Labor Min Katrougalos Optimistic First Program Review to Be Completed by March 27

"We will soon have an agreement that will allow the completion of the first program review" before March 27, the Greek Labor Minister George Katrougalos said on Sunday to ANA-MPA, admitting, however, that the negotiation will be hard. Katrougalos, who participated in...

Government Minister Seeks to Reassure Angry Greek Farmers Pension Reform is Beneficial

As the country is at present in the grips of strike over the government’s plan to proceed with further cuts in pension benefits and impose additional austerity, senior level government officials are pulling all the stops to reassure angry...

Greek Labor Minister: 'For the First Time We Will Have One-Speed Pensioners'

"For the first time we will have one-speed pensioners," Greek Labor Minister George Katrougalos said on Friday in a press conference on social security reforms. He added that the Memorandum along with the peculiarities of the system and the PSI are...

Pensions Cannot be Less than Contributions, Greek President Stresses

Pensions cannot be allowed to fall below the amount paid in contributions, Greek President Prokopis Pavlopoulos said on Monday after a briefing on the pension system reform proposal he received by relevant Labor Minister George Katrougalos. "The partners in the...

Public Sector Union ADEDY Asks Top Court to Cancel Law Increasing Retirement Age

Greece's public sector labor union ADEDY filed a motion on Monday to the Council of State, Greece’s supreme administrative court, asking to cancel a law that gradually increases the retirement age in the public sector. ADEDY is specifically turning against...

Greek Ministries Reshuffle, Officially Change Leadership

On Monday the Greek ministries that were reshuffled on Friday had their official changing of the guard. In the Labor Ministry, George Katrougalos replaced Panos Skourletis who will be now leading the Ministry of Productive Reconstruction, Environment and Energy. “The agreement with the creditors is...