Calamos Supports Greece

Giorgos Chouliarakis

Greece Presents EU with Draft Post-Bailout Growth Plan

Greece has presented a draft plan of growth to its EU creditors that could be implemented after the end of the current bailout program in August. Alternate Finance Minister Giorgos Chouliarakis briefed Eurozone officials about the plan at the Eurogroup...

Greek Finance Ministers Admit Overtaxing Middle Class, Professionals

Greek Finance Minister Euclid Tsakalotos admitted in parliament on Thursday that the government has overtaxed the middle class and professionals in order to protect poorer Greeks. On Wednesday, Deputy Finance Minister Giorgos Chouliarakis addressed the House saying that, "The tax...

Greek Gov't Sees Higher Primary Surplus in 2018

The Greek government anticipates stronger growth in 2018, and the draft budget presented in parliament on Monday shows that the country is expected to achieve a higher primary surplus. Deputy Finance Minister Giorgos Chouliarakis said, "This is the last budget...

Greek Deputy FinMin: We Knew Debt Measures Would be Clarified at the Program's End

"We knew that debt relief measures would be clarified at the end of the bailout program," said Greece's Deputy Finance Minister Giorgos Chouliarakis on Wednesday. Speaking at an Economist conference in Lagonissi, Athens, Chouliarakis said that Greece needs to reach...

Major Issues Resolved in Greece-Creditors Negotiations, Gov't says

The seven or eight major issues that were pending are resolved in the negotiations between Greece and creditors and only minor issues remain, a government source told the Athens News Agency on Thursday.   Talks to complete the second review...

Greek FinMin Meets With Creditors to Unlock Talks on Bailout Program Review

Greek Finance Minister Euclid Tsakalotos will meet with creditors' representatives in Brussels on Friday to receive their proposals in a last minute effort to unlock negotiations on the bailout program review. The evening meeting is an initiative of Eurogroup President...

Protesting Firemen Meet With Finance Ministry Official Over Contract Demands

Representatives of the union of firemen hired on five-year contracts met with the director of Alternate Finance Minister Giorgos Chouliarakis in his office at the General Accounting Office on Wednesday, after holding a protest march in central Athens. The firemen...

Greek Deputy FinMin Sends MoU to Pertinent Ministers Regarding 2017 Budget

Deputy Finance Minister Giorgos Chouliarakis sent to all pertinent ministries clear guidelines for the smooth implementation of the 2017 budget and a four-page MoU. In the Memorandum of Understanding which all ministers are asked to sign, Chouliarakis asks for "loyalty"...

Chouliarakis Says Government Wants to Close 2nd Review as Soon as Possible; Even Before Christmas

The Greek government wants to conclude the second program review as soon as possible, hopefully even before Christmas, in order to achieve a staff-level agreement, Alternate Finance Minister Giorgos Chouliarakis said on Tuesday, speaking at the European Parliament’s Committee...

Police and Military Personnel Protest Over Slashing Salaries

As protests continue over cutting salary and employment, on Wednesday personnel from the Greek military and police also got in on the action, staging their own protest outside of the General Accounts Office in Athens. They said that they are protesting...