Calamos Supports Greece

Organization for Economic Co-operation and Development (OECD)

OECD: Greeks Not as Lazy as Other Europeans Think

Latest data published by the Organization for Economic Co-operation and Development (OECD) regarding the average European citizens’ working hours, reversed the unflattering stereotype of the lazy Greeks, which the country’s ongoing economic crisis has left them with. Contrary to what...

OECD to Assist Greek Govt with New Reforms Package

Greek Prime Minister Alexis Tsipras traveled to Paris today, where he met with OECD (Organization for Economic Co-operation and Development) Secretary General Angel Gurria in order to discuss a possible Organization event taking place in Greece and focusing on...

Greek Govt: Doomsayers Proven Wrong Once Again

Those who foresaw a "credit event" and Greece's financial destruction were proven wrong once again, the country's government said on Friday. It reiterated that the Eurogroup will start processing the country's reform proposals on Monday. Among other things, the government said...

Greece Spends More on Pensions Than Most Countries

Greece comes second on pension spending, according to an Organization for Economic Co-operation and Development (OECD) report. Greek pensioners, however, may have to wait up to three years until they get the first full pension check. The countries spending...

Guardian: Athenians Once Enjoying an Ordinary Life, Now Homeless

The Guardian, England's leading newspaper, has recently featured a story by contributor Jon Henley, who walked the streets of Athens and described what he experienced, finding that the homelessness issue in Athens remains more visible now than ever before. Henley met some of...

Eurogroup Asks Greece To Complete All Memorandum Obligations

The 17 members of the Eurozone Finance Ministers participating in today’s informal Eurogroup meeting in Milan, asked Greek Finance Minister Gikas Hardouvelis to implement the commitments arising from the Memorandum of Understanding signed with the Troika. The Eurogroup members asked Hardouvelis to...

OECD: Greece Ranks Low In Education System

According to a recent report by the Organization for Economic Cooperation and Development (OECD), Greece ranks very low in education. According to the report, Greece ranks in 27th place out of the 30 countries in the list. Specifically, Greece scored 60.04% in terms...

Spiegel: Tax Fraud of German Auto Companies in Greece

According to a recent "Der Spiegel" article, German auto companies Mercedes-Benz, BMW and Opel are being investigated by Greek tax authorities as the latest suspects of fraud. The extremely low clearing prices at which German companies deliver their vehicles to distributors...

OECD Recommends Exclusion of Big Companies from VAT

The first implementation phase of the Organization for Economic Cooperation and Development (OECD) recommendations has been completed, the Ministry of Administrative Reform & Electronic Governance announced on Tuesday. According to the announcement, the most important intervention was the decision to...

48-hour Strike for Greek Pharmacists

The Panhellenic Pharmaceutical Association (PFS) in today’s long meeting decided unanimously to go on a 48-hour strike next week. The strike on March 10 and 11 will be the answer to troika’s claims of the market’s opening for non-prescription drugs...