Calamos Supports Greece

Closed Professions

IMF Urges Greece to Open 'Closed Professions'

The International Monetary Fund proposed extensive interventions in the labor market to make it more “flexible” and limit youth unemployment according to its annual policy review of the Eurozone on Friday. The IMF warns that reforms achieved in the labor...

Difficult Negotiations to Recommence in Greece with August 20 Deadline

After voting two sets of austerity omnibus bills, the Greek government is to enter a bailout negotiation process with a critical August 20th deadline. Pierre Moscovici, the European Commissioner in charge of economic issues, has said that Brussels is opting...

New Reforms on Liberalization of Closed Professions

According to OECD data, new reforms liberalizing regulated (or so-called closed-shop) professions will be applied this summer until the beginning of 2015. The agreement with the country’s creditors will abolish regulations and restrictions for professions established by law, reportsThe Capital,...

Closed Professions Interventions Postponed Until Mid January

The Troika has rejected suggestions of ministries for the professions to maintain restrictions and waits until mid January for new lists, while interventions in lawyers, notaries, engineers and architects follow. A package of settings from ministries should be incorporated into...