Calamos Supports Greece

prior actions

Eurogroup Chief Optimistic that Greece Will Reach Agreement by Monday

Eurogroup President Jeroen Dijsselbloem expressed optimism that Greece will fulfill the prior actions required by Monday in order to receive the 2-billion-euro subtranche and an additional 10 billion euros for the recapitalization of Greek banks. With some measures still pending,...

Greek Parliament Approves Omnibus Bill of Prior Actions

The Greek Parliament passed with 153 votes of the ruling SYRIZA-ANEL coalition the omnibus bill of the second package of prior actions required by the bailout program. The vote was conducted by roll-call, as requested by New Democracy. One SYRIZA...

Greek Government Withdraws Bill on Taxation Increase of Microbreweries

A clause that would have imposed a special consumption tax on beers produced by micro-breweries was withdrawn during discussion of a draft omnibus bill before a Parliament committee on Wednesday, after the government's junior coalition partner, the Independent Greeks (ANEL)...

Prior Actions Must Precede Loans to Greece, Dijsselbloem Tells Dutch MPs

Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem on Tuesday repeated his government's position on the disbursement of loans to Greece, in a briefing letter to Dutch lawmakers, saying that the release of funds will only take place if...

Greek Government Issues New Decree on Pharmacy Licences

The Greek government has taken a firm stance on the disputed reform in licensing for new pharmacies by issuing a ministerial decree which allows licences to be granted to private non-pharmacist individuals, under certain conditions. The new ministerial decision dictates that non-pharmacists can own pharmacies...

Greek Government Rushing to Complete Prior Actions

It has been 12 days since the Greek parliament ratified a list of prior actions that would pave the way for the disbursement of two billion euros of the bailout funds to Greece. A few days later representatives of the country's international...

Prior Actions to be Implemented for Bailout Review Greek Deputy Finance Minister Claims

The Greek government seeks to implement all prior actions needed to complete a progress report on the Greek economy with the institutions, paving the way for the disbursement of the next loan installment and the recapitalization of Greek banks,...

Greek Parliament Ratifies List of Prior Actions to Secure Bailout Funds

The third Greek bailout survived its first Greek parliamentary test since its inception. In the early hours of Saturday morning the Greek Parliament legislated a list of prior actions that international creditors had demanded be ratification in exchange for the disbursement of additional bailout...

Greek PM: Big Tax Evasion Cases Will Not Be Dismissed this Year

Greek Prime Minister Alexis Tsipras addressed the Greek Parliament on Friday a few hours before 300 Greek MPs decide whether or not they will legislate the bailout prior actions. Prior actions legislation will ensure the disbursement of 2 billion euros in...

Greek Opposition Parties Reject Measures of Omnibus Bill on Prior Actions

The minor opposition parties -- except junior coalition partner ANEL -- expressed their opposition to various measures included in the omnibus bill on the prior actions Greek parliament will vote on Friday, during its discussion at a joint parliamentary...