Calamos Supports Greece

George Provopoulos

Hatzidaki-Barnier: Priorities for Greek Presidency 2014

The main topic of conversation during a meeting between the Minister of Development and Competitiveness, Kostis Hatzidakis, and European Commissioner of Internal Market and Services Michel Barnier, was the priorities of the Greek Presidency for the first 6 months...

Greece’s Central Bank Chief: Banks Are Well Capitalised

Greece's lenders have enough bailout funds to cover any bad loans that may blight balance sheets in the future, according to the country's central bank. George Provopoulos, the governor of the Bank of Greece, was referring to revelations yet to...

NYT: Judicial Inquiry on George Provopoulos Case

NYT newspaper has cited an article dedicated to the judicial inquiry conducted against the Governor of the Bank of Greece, George Provopoulos, now being examined for having abused his position in a bank agreement. The article refers to a large...

Maclean’s Refers to the Prospects of Greece

The weekly political magazine Maclean’s published a two-page article entitled, Europe is back, which makes a positive reference to the prospects of the EU, stressing that, not only did it manage to avoid collapse, but seems to be at...

BOG Governor Wants Tourism Expanded

 “Greek tourisn can contribute to the development, however, it has to reduce its seasonal nature,” stated the Governor of the Bank of Greece George Provopoulos in his speech at the conference Greek tourism and Climate Change: Adjustment Policies and...

Forget Grexit: Now It's Grecovery

With international loans pouring in and talk of Greece being forced out of the Eurozone - a so-called Grexit - ceased, the country's slow rebound from a crushing economic crisis should earn it the moniker Grecovery, Bank of Greece...

Provopoulos Says Greek Deposits Safe

With media speculation that the apparently abandoned proposed merger of National Bank of Greece and Eurobank could lead to the government going after bank deposits as Cyprus did, the head of the central bank, George Provopoulos, reiterated that all...

Greek Bank Chief Says Deposits Safe

As Cyprus is confiscating up to 80 percent of the bank accounts of depositors with more than 100,000 euros ($130,000) to meet demands of international lenders putting up a 10 billion euros ($13 billion) bailout, the head of Greece's...

Central Banker Said to Take Another 30% Pay Cut

Greece's central banker has cut his salary by almost a third, a person familiar with the matter said Tuesday, as part of a series of moves to cut operating costs and in a symbolic show of solidarity for the...

Bank of Greece Describes Potential Exit from Eurozone as 'Natural Disaster'

The Bank of Greece describes a potential exit from the Eurozone as a nightmare for Greece. The Drachma would be followed by a currency devaluation of 65%, the country's inflation will rise up to 30% and unemployment rates will...