Calamos Supports Greece

Yiannis Stournaras

Schaeuble: 'Europe Won't Abandon Greece'

German Finance Minister Wolfgang Schaeuble stated on Monday that Europe won't abandon the Greek people and that the assumption of the EU presidency is a great opportunity for the country. According to the German politician, the EU presidency will offer Greece...

Mitsotakis and Stournaras Bump Heads Over Taxation of Greeks

On Monday, the Greek Administrative Reform Minister, Kyriakos Mitsotakis, said that he disagrees with the statements of the Greek Minister of Finances, Yiannis Stournaras -- that Greek citizens are not paying enough taxes. As a matter of fact, Yiannis...

OECD Predicts Greece's Debt Will be 157 Percent of GDP by 2020

The Greek Minister of Finance, Yiannis Stournaras was stunned by the findings of the Organisation for Economic Co-operation and Development’s report concerning the course of the Greek economy. Besides the prediction of further recession (0.4 percent) during 2014 --...

Stournaras: 500 million euros Should Come From Social Security Funds

The Greek Finance Minister Yiannis Stournaras opened the discussion for new measures saying that next year the government will seek an additional 500 million euros in budget cuts from social security funds. In an interview with Greek newspaper “Ta Nea”...

Stournaras: Debt Rollοver Would Solve Greece's Funding Gap – No Debt Rollover, Says ECB

Finance Minister Yiannis Stournaras has suggested in an interview, that Greece’s financing gap could be overcome if the European Central Bank and the eurozone’s central banks decide to rollover a part of the Greek debt they are holding. As kathimerini...

Greek Government Denies Problems between Samaras and Stournaras

Government spokesman Simos Kedikoglou, denies press reports of relationship problems brewing between the Greek Prime Minister Antonis Samaras, and Finance Minister Yiannis Stournaras. Simos Kedigoglou stated that the publications about the Prime Minister and Mr. Stournaras have nothing to do...

Stournaras says Greece Clinches Deal with Troika on Review

Greece has reached a deal with its international lenders on a review of the country's austerity program, finance minister Yiannis Stournaras said on Monday. "We have a deal," Stournaras told reporters on the sidelines of an Athens conference. An agreement was...

Stournaras Gets a Bullet in the Mail

Greek Minister of Finance Yiannis Stournaras, who has devised new austerity measures that have infuriated many Greeks already suffering from repeated pay cuts, tax hikes and slashed pensions, has reportedly received an envelope containing a bullet and a life-threatening...

Stournaras Sees Greek Recovery in 2014

Greek Finance Minister Yiannis Stournaras said the government has saved the country from its crushing economic crisis and that a deep recession, now in its sixth year, will end and recovery will begin next year, a prediction at odds...

Greece, Cuts Ready, Tomorrow Coalition Partners Meet

While Greek workers protest in the streets against the new austerity measures, the Minister of Finance, Yiannis Stournaras, managed to finalize the package of budget cuts for the 2013-2014 period, and, following a meeting lasted over three hours, reached...