Calamos Supports Greece

Valdis Dombrovskis

Greece Receives 3.6 Billion Euros from EU Recovery Fund

Greece received on Friday a 3.6 billion euro ($3.9 billion) payment out of its allotted 30.5 billion from the European Union’s pandemic recovery fund. The announcement was made by Valdis Dombrovskis, the European Commission’s executive vice president, via video link...

EU Warns of "Potential Instability" in Greek Banking Sector

Valdis Dombrovskis, Vice President of the European Commission, warned on Sunday of "potential instability" in Greece's recovery due to its increasing amount of non-performing loans (NPLs). In an interview with the Athens News Agency, the EU official explained that the mountain...

Dombrovskis: 'Ιdeal Timeframe' for Completion of 3rd Review would be End of Year

The "ideal time frame" for the completion of Greece's third program review would be by the end of the year, but this will depend on whether the Greek side implements the necessary measures, said European Commission Vice-President Valdis Dombrovskis...

European Commission VP: Greece has Exceeded Its Targets

Greece has exceeded its primary surplus targets so we have a basis for the conclusion of the review of the Greek programme, said European Commission Vice President Valdis Dombrovskis. At a press conference on Wednesday in Brussels, Dombrovskis noted...

European Commission: Euro Zone Stability Threatened if Greece-Creditors Talks Drag on

Greece and its creditors must quickly finish with the bailout program review, otherwise euro zone stability is at risk, said European Commission Vice President Valdis Dombrovskis. Dombrovskis spoke to Germany's Welt am Sonntag newspaper, warning that the more negotiations are...

Dombrovskis: 'Not Helpful' to Return to Economic Instability When Greece Was on Verge of Growth

To return to a period of economic instability and fruitless discussion on the Greek program at a time when Greece was once again on a path to growth was not helpful, European Commission Vice-President in charge of the Euro...

European Commission VP: Greek PM Move "Unnecessary and Unhelpful"

European Commission Vice President Valdis Dombrovskis said the move by Alexis Tsipras to give a Christmas bonus to pensioners and decrease the Island VAT created a situation that was "unnecessary and unhelpful". The European official gave an interview to Kathimerini...

Dombrovskis: Greek Debt Measures on Agenda at December 5 Eurogroup Meeting

"We can expect the conclusion of the second program review in the foreseeable future," European Commission Vice-President for the Euro and Social Dialogue Valdis Dombrovskis said on Monday in Brussels, stressing the "significant progress" that had already been achieved. Asked on...

Greece Broadly on Track With Fiscal Targets, Says EU's Dombrovskis

Greece is broadly on track to meet fiscal targets for 2016 set by euro zone creditors and its primary surplus goal for next year is also within reach, European Commission Vice President Valdis Dombrovskis said on Monday. Dombrovskis spoke to...

Commission VP Dombrovskis: We didn't Ask Greek Govt to Raise Taxes

Athens has ignored the European Commission's advice that spending cuts would do less damage to Greece's potential for growth than raising taxes, said European Commission Vice President Valdis Dombrovskis. The Commission VP spoke to Kathimerini newspaper stating that creditors have...