Calamos Supports Greece

state revenues

Greek State Gets Very Little From Much-Discussed Lagarde and Borjans Lists

The Greek State earned very little from the famous Lagarde and Borjans lists of alleged tax dodgers, instead of the estimated 1 billion euros government officials were claiming to receive. A recent decision of the Plenary Session of the Council...

Greek State Revenues €500 Mln Less than Expected in July

State revenues from taxes in July were 500 million euros less that the ministry of finance had anticipated, thereby threatening fiscal targets. While taxpayers paid the first monthly income tax installment as anticipated, revenues from customs were far below expectations....

Greece and Creditors Still Far Apart from Deal

Greece's international creditors spent the weekend studying the list of reforms the Greek government presented on Friday and sources from Brussels say that it may take one or two weeks before a final decision is made whether further financial...

Greece's Cash Crunch Continues

With another 350 million euros leaving Greece on Friday for a payment due to the International Monetary Fund, the state coffer looks frighteningly empty. At the same time, state revenues have dropped significantly. Greek banks face a serious liquidity problem...