Calamos Supports Greece

prior actions

Greek Lawmakers Narrowly Approve 'Prior Actions' Bill

Greek lawmakers have narrowly passed a bill containing a series of economic reforms by 154 votes to 144. Thursday's vote took place ahead of a major Eurogroup meeting scheduled for June 21 which will see international creditors agree terms for...

Delay Hits €5.7B Greek Bailout Payment

Greece failed to receive a fourth €5.7-billion ($7 billion) tranche of bailout funds on Monday, despite a senior EU figure confirming Athens had met "99 percent" of its reform commitments. However, European mandarins confirmed that work had started on a form...

Greece Still Faces Painful Reforms Despite Bailout Funding

Monday's Eurogroup meeting concluded that the Greek government needs to implement  88 prior actions for its third bailout review to be completed, 15 of which remain outstanding. Among the most painful of the actions in the list presented to the...

Greek Lawmakers To Fast-Track Raft of Reforms

Greek lawmakers are to fast-track an enormous bill needed for the country to complete a third review of its  bailout program. The 400-article, 1,326-page bill includes several thorny issues that opposition parties are likely to vote against. It will be introduced...

Greece to Table Bill Aiming to Complete Third Review by Jan. 22

The omnibus bill containing the prior actions required to compete Greece's third program review, will be tabled in parliament next week and will likely be debated in a fast-track procedure, a parliamentary source said on Wednesday. According to the source,...

Greece Aims to Implement 90 of 113 Prior Actions By the End of December

The government's target is to implement 90 of the 113 remaining prior actions (until the end of the programme) during the third review that will start immediately after the German elections in September and is expected to be completed...

Parliament Approves Prior Actions With Votes of Government Coalition

The Greek parliament approved on Friday the last batch of prior actions on pensions, collective labor agreements and the tax-free threshold demanded by the country’s lenders to conclude the second program review with the votes of the government coalition. In...

SYRIZA Cabinet Discusses Prior Actions Required for Bailout Tranche

Prime Minister Alexis Tsipras and his close aides and members of cabinet discussed the current review of Greece's program during a meeting on Monday. Government sources discussed the review and noted that the omnibus bill of outstanding prior actions...

Moscovici-Tsakalotos See Improvement in Reforms, Discuss 'Red Phone' on Crisis Management

The need to implement quickly the prior actions attached to the unlocking of the 2.8-bilion-euro aid installment for Greece and starting the second program review was discussed in a meeting between EU Economics Commissioner Pierre Moscovici and Finance Minister...

No Greek Delays in Implementing Prior Actions, Only 'Challenges'

There is “no significant delay” so far in the implementation of the prior actions that will unlock the sub-tranche of the 2.8 billion euros for Greece, a senior Eurozone official said on Friday. He added, however, that Greek authorities...