Calamos Supports Greece

Measures

Greeks Negative Over IMF's Role, Poll Says

Greeks are negative over IMF's role, according to an opinion poll conducted by Palmos Analysis for "Efimerida Ton Syntakton" newspaper. More specifically, 79 percent of the participants believe that the IMF's role towards Greece is negative, while 78 percent of...

Greek Coalition Gov't Rocky as More MPs Might Jump Ship

As the second omnibus bill that includes unpopular measures left the SYRIZA-ANEL coalition with two parliamentary members less, there is worry at Maximos Mansion that when the next bill comes to parliament for vote more lawmakers would depart. The Alexis...

Delay in Reforms Implementation by Greek Gov't Might Stall Loan Tranche

Despite the fact that the omnibus bill, which includes austerity measures agreed upon with Greece’s creditors was voted on during yesterday’s plenary session, only 30 percent of prior actions required by the bailout program have been legislated. Now the finance...

Greeks Expected to Pay Additional €4.35 Billion in 2016 Budget

The 2016 state budget that was tabled in parliament on Monday includes new measures that demand an additional 4.35 billion euros from cash-strapped Greeks. New taxes and contributions and pension cuts for 2015 and 2016 total 6.4 billion euros. More...

Farmers from Northern Greece to Demonstrate on Election Day

Farmers from northern Greece will be position themselves at polling stations to protest on election day, Sunday September 20, announced the head of the nationwide coordinating committee of farmers and stockbreeders Christos Gondias. Gondias spoke to the Athens-Macedonia News Agency,...

German Press: Gov't Considers Special Levy to Greece's 500 Richest Families

The Greek government is considering imposing a special levy on the country's 500 richest families as part of the measures proposed in order to unlock financial aid, said German newspaper Bild on Wednesday. The paper cites as source the list...

Tsipras Changes Course in Negotiations, Aims at Final Deal for Greece

Prime Minister Alexis Tsipras has decided that an intermediate deal will not benefit Greece at the moment and is now changing course in negotiations aiming at a final deal that would secure financial support for 2015 and 2016. According to...

Athens Denies that Varoufakis was Sidelined After Eurogroup Chief's Suggestion

The Greek government denies allegations that Greek Finance Minister Yanis Varoufakis was sidelined from Greece's negotiation team after the suggestion of Eurogroup President Jeroen Dijsellbloem. Speaking to RTL Nieuws on Dutch television, Dijsellbloem spoke extensively about the Greek issue among other things...

Greek Gov't Rushes to Table Measures in Order to Reach Deal

The Greek government is rushing to table new measures and reforms on Thursday to get cabinet approval in an effort to reach a deal with creditors as soon as possible. The financial team is working feverishly so that the omnibus...

Troika Returns to Athens Under Different Name

About twenty representatives from the European Central Bank, the European Commission and the International Monetary Fund will arrive to Athens next week to review the progress of reforms and measures Greece has agreed to implement. This time the number of...