Calamos Supports Greece

Memorandum

Greek Budget Office: Automatic Contingency Triggers Unavoidable Without Institutional Changes

A development plan is necessary for Greece if it is to avoid veering away from its targets, thus setting the automatic the contingency mechanism into effect. Greek Parliament's Budget Office Coordinator Panagiotis Liargovas said that political stability is one...

SEV Sees Business Blossoming in Greece‏, Under Right Conditions

A strict implementation of the memorandum combined with growth countermeasures could lead to a blossoming of business activity in the country, Theodore Fessas, president of the Federation of Hellenic Enterprises (SEV), said. The head of Greece’s largest employers and industry...

Greek Judges Union Issue Statement Against Long-Term 'Memorandum'

The Greek Association of Administrative Judges strongly reacted against the "long-term memorandum" whose victims are described to be workers, small businessmen and pensioners. These groups are being called to suffer the burden of the contingency mechanism, tax hikes as...

Giorgos Koumoutsakos: 'A Prime Minister With Delusions Is a Dangerous Prime Minister'

"For the first time, a government imposes measures of 12 billion euros and celebrates," main opposition New Democracy spokesman Giorgos Koumoutsakos said in a press briefing on Thursday. "Citizens will have to pay for the government's lies. A prime minister...

Olga Gerovasili: It's feasible to Talk About Greece's Exit from the Memoranda in 3 Years

"The worst is over and now we can get on track towards recovery," government spokeswoman Olga Gerovasili on Thursday said in an interview with Alpha radio station. She estimated that the climate will change in the second half of 2016...

Eurogroup Extraordinary Meeting: Watch Arrivals (video)

The Eurogroup is hosting an extraordinary meeting to discuss the state of play of the macroeconomic adjustment program for Greece following a vote of a new wave of pension and tax reforms voted on by Greek Parliament on Sunday. Discussions...

Bloomberg: EC Leaks a New Memorandum for Greece

A draft proposal by the European Commission to break the deadlock on a new debt deal for Greece was leaked on Saturday, ahead of an emergency Eurogroup meeting of Eurozone finance ministers on Monday. The leaked report calls for...

Dombrovskis: Greece and Institutions Can Conclude First Review 'in a Very Short Time'

Greece and the institutions are close to a conclusion of the Greek review, European Commission Vice President for the Euro Valdis Dombrovskis said during a press conference on Tuesday. The Commissioner had been asked whether a staff level agreement...

Zoe Konstantopoulou to Present New Party 'Course of Freedom'

With words like "democracy," "justice," "clarity," "rights" and phrases like "debt erasure" and "claim of German debts," the former Parliament President, Zoe Konstantopoulou, launches her new party/movement, which will "rise through society and people who do not bow their...

Tax and Security Reform Plans to be Filed in Parliament Next Week

The tax reform plan and the security reform plan will be filed in Parliament next week, said Finance Minister Euclid Tsakalotos, in a press conference with Finance Minister George Stathakis and Labor Minister Giogros Katrougalos. The goal is for both...