Calamos Supports Greece

heating allowance

Troika Rejected 15% Reduction on Oil Heating Tax

Greece’s creditors have reportedly rejected the government’s proposal concerning the reduction for special consumption tax on heating oil by 15%. According to ekathimerini, troika  was late in their negative response for the expansion of income criteria, which would lead...

Heating Allowance May be Cut for Greece's Poor

At risk of being cut from this year's budget to another round of austerity measures is some 130-150 million euros ($167.5-$193.6 million) designed to provide heating oil allowances for the poor and elderly who otherwise will not be able...