Greece
Calamos Supports GreeceCalamos Supports Greece

Dimitris MArdas

Greek Deputy Finance Minister Orders The Transfer Of Public Accounts

As Greece is running out of funds, Greek deputy finance minister Dimitris Mardas ordered the transfer of 1,039 bank accounts of public authorities in a special account in the National Bank of Greece (NBG). With fears of a forthcoming Greek default triggering...

Greek Alternate Finance Minister Sues German Tabloid Bild For Libel

Greece's Alternate Minister of Revenue Dimitris Mardas filed a lawsuit against German newspaper Bild on Friday in order to restore "the truth, his honor and his reputation concerning the defamatory article that was published on May 6," he noted. According to Bild, Dimitris Mardas transferred about...

Draft Omnibus Bill to Crack Down on Illegal Fuel Trade, Smuggling

The draft omnibus bill due to be tabled in Parliament will contain a series of measures designed to combat the clandestine trade in fuel and fuel smuggling, sources revealed on Sunday. These will include the extension of inflow-outflow monitoring...

Greek Deputy FinMin: Cash Reserves Transferred to BoG Account 'Fully Guaranteed'

The cash reserves of general government entities are fully guaranteed, Greek Deputy Finance Minister Dimitris Mardas said in Parliament on Friday, stressing that mayors, regional authorities and universities have no reason to fear the transfer of their 'idle'...

Greek Dep FinMin: We Are €400 Million Short for April Wages, Pensions

Deputy Finance Minister Dimitris Mardas revealed on Wednesday that state coffers are 350-400 million euros short and the government will need extra funds to pay wages and pensions at the end of April. Speaking at Mega television, Mr. Mardas said...

Greek PM Tsipras to Meet with German Chancellor Merkel on Thursday

Greek Prime Minister Alexis Tsipras is expected to meet with German Chancellor Angela Merkel on the sidelines of a European Union summit to be held in Brussels on Thursday, only a day ahead of the crucial meeting of Eurozone Finance...

Net Revenues Surpassed Targets in March, Greek Deputy FinMin Mardas Reports

Net budget revenues significantly surpassed targets to total 4.232 billion euros in March, from a target of 3.16 billion, Greek Deputy Finance Minister Dimitris Mardas said. Speaking to reporters, Mardas pledged that the government will continue paying wages and pensions, and...

German Economy Minister Gabriel: We Are Ready to Help Greece Get Back on Its Feet

Germany's Vice Chancellor, Economy Minister and chairman of the junior coalition government partner Social Democratic Party of Germany (SPD) Sigmar Gabriel said earlier today that his country's government is willing to help Greece get back on its feet and...

Greek Deputy FinMin: Germany Owes Greece €278 bln in War Reparations

Greece's deputy Finance Minister Dimitris Mardas told the parliament in Athens that Germany owes his country €278.7 billion (about 307 billion U.S. dollars) in Second World War reparations. A parliamentary committee and the Greek supreme court arrived at the figure...

What Happens If Greece Fails to Repay Its IMF Loans Due April 9?

Greece is only four days ahead of another crucial deadline as on Thursday it has to repay some 450 million euros to the International Monetary Fund (IMF), among the three institutions participating in its bailout program. At the same...