Calamos Supports Greece

Christmas bonus

Greek Canadian Couple Wins Lottery and Shares Prize with Staff

A Greek-Canadian couple that won $500,000 in a November lottery said they will use part of the prize to give a Christmas bonus to their staff at their restaurant. Emmanuel and Stavroula Savvaidis won after playing the Extra from the...

Government to Pay "Social Dividend" Christmas Bonus by Dec 14

Online applications for the "social dividend", or Christmas bonus, will be available next week for recipients on a special online platform set up by the government. The distribution of the bonus totaling 1.3 to 1.4 billion euros, will take place...

Greece's Fin Ministry Sends Scrooge Christmas E-card Calling Out International Lenders

Reuters has reported that the press office of the Greek Finance Ministry recently sent an e-card of the stingy Ebenezer Scrooge to journalists in a not-so-veiled attempt to call out the country's international lenders who have imposed harsh austerities...

Creditors Decide to Delay Greek Debt Relief Measures

Greece's creditors decided on Wednesday to delay debt relief measures expecting a letter of commitment from the Greek government that the social aid measures taken are for one time only. Finance Minister Euclid Tsakalotos is due to send a letter...

Schaeuble on Greece's Christmas Bonuses: 'If We Don't Stick to the Rules, Eurozone Will Fall Apart’

When asked about Athens' plans to payout Christmas bonuses to pensioners during an interview with the newspaper Die Zeit, German Finance Minister Wolfgang Schaeuble reiterated his hard-line approach in tackling the bailout issue stating that the eurozone will be in...

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...

Greece-Creditors Unlikely to Complete Bailout Program Review Before 2017

Creditors representatives left Athens on Friday without meeting with pertinent Greek ministers to negotiate the progress of the third bailout program; talks will continue via teleconference. Development Minister Dimitris Papadimitriou and Energy Minister Giorgos Stathakis returned from the U.S. on...

SYRIZA Tables Draft Law for Restoring Christmas Bonus for Low Pensions

Greek main opposition SYRIZA, in a proposal led by party leader Alexis Tsipras, tabled a draft law in Greek Parliament on Monday for restoring the 13th 'Christmas bonus' pension for pensioners receiving less than 700 euros per month. "SYRIZA is...