Calamos Supports Greece

Measures

PM Tsipras to SYRIZA Parliamentary Group: Greece Will Stand on Its Feet Again

The elections will be held at the end of the four-year term, Greek Prime Minister Alexis Tsipras said on Friday addressing SYRIZA parliamentary group. He underlined that this government has brought offset measures, the return of the collective agreements,...

Anti-Austerity Government Celebrates Austerity Measures

Alexis Tsipras and his cabinet always find something to celebrate. From unfinished highways and under-equipped hospitals they inaugurate with aplomb worthy of banana republic dictators, to paltry handouts to pensioners after they had them drained with pension cuts. Oblivious...

Next Two Weeks Crucial for Completion of Greece's Bailout Program Review

Greece has to rush to legislate the new measures agreed so that the staff level agreement is signed before the May 22 meeting of euro zone finance ministers. The Greek government has to legislate measures worth 440 million euros in...

Mitsotakis Says Government's 'Positive Measures' Conceal Tough Measures for 2019-20

New Democracy leader Kyriakos Mitsotakis said his party will not vote for the positive measures the government says will balance the negative ones agreed on with the country’s lenders as part of the second program review, adding the deal...

Greek Government Aims to Legislate Measures by May 16

Despite the difficulties and delays as a result of the creditors' irrational demands during the negotiations, the Greek government believes that the staff level agreement is balanced and sustainable, Greek government spokesman Dimitris Tzanakopoulos said on Tuesday during a...

New Austerity Measures for Greece Include Pension Cuts, Lower Tax-Free Income

The Greek government on Tuesday agreed with international creditors on new austerity measures in order to close the second review of the bailout program, which also paves the way for talks on debt easing. According to sources close to the...

Gov't Spokesman Tzanakopoulos Dismisses Reports on Extra Measures in 2018

The International Monetary Fund's (IMF) revised projections for the 2016 primary surplus is a positive development, government spokesman Dimitris Tzanakopoulos on Thursday said during a press briefing. "This proves that the Fund's reservations over Greece's fiscal performance, which delayed the...

New Democracy Will Renegotiate With the Partners, Parliament Spokesman Dendias Says

The offset measures will be implemented only if we have a higher than 3.5% of GDP surplus, main opposition New Democracy parliamentary spokesman Nikos Dendias on Monday said in statements to ANT1 TV. He stated that New Democracy will renegotiate...

Greek PM Tsipras: Debt Relief Prerequisite to Legislate New Measures

The mid-term debt relief measures so that Greece can enter the quantitative easing (QE) program is the prerequisite to vote for the new measures, Greek Prime Minister Alexis Tsipras said on Sunday. Addressing the SYRIZA Central Committee, the party leader...

ND Accusation that Gov’t Growth Plan will Burden Public Finances is Unfounded According to Ministry Sources

The accusation that some of the measures on employment proposed in the government’s Growth Plan will burden Greeks further is unfounded, sources from the Economy ministry told the Athens-Macedonian News Agency on Sunday. The comment was a reply to New...