Greece
Calamos Supports GreeceCalamos Supports Greece

Euclid Tsakalotos

Eight Politicians Who Marked the Tsipras Era in Greece

Ever since the administration of Alexis Tsipras resigned and called for early elections, now scheduled for July 7, Greece's Syriza and New Democracy Parties have been in a state of pre-election war with each other. The departing party claims that...

Relief Bill for Millions With Tax Arrears Now Before Greek Parliament

The Greek parliament is expected this week to vote on a bill sponsored by the SYRIZA-led government which would provide relief to millions of Greeks who are in arrears over tax and pension contributions. The proposed legislation, which was unveiled...

Greece Planning Early Repayment of "Expensive" IMF Loans

Greece's Finance Minister Euclid Tsakalotos on Tuesday confirmed that Greece is planning an early repayment of loans it received from the International Monetary Fund (IMF). Speaking to "Radio Thessaloniki 94.5," Tsakalotos noted that the IMF loans are "very expensive debt." He pointed...

Greek Finance Minister Tsakalotos Says SYRIZA Government Made Mistakes in 2015

Speaking at an event in Paris on Wednesday evening, Greek Finance Minister Euclid Tsakalotos admitted that the SYRIZA government made mistakes during the 2015 negotiations with European and international creditors of Greece. Tsakalotos said in front of an audience at the...

German Press: Greece Will Likely Need Another 'Bailout' Due to High Debt

Due to its high public debt, it is doubtful whether Greece will make it on its own in the long run without new financial support, a report by Frankfurter Allgemeine Zeitung says. This report comes after a comment made by...

Greek Government to Table Budget Draft Without Pension Cuts

Greece's Finance Minister Euclid Tsakalotos The Greek government on Monday is to table in parliament the 2019 budget draft leaving out the pension cuts that have been agreed with creditors to go into effect January 1st. According to a government source,...

OPINION: 'Macedonia' Issue is a Smokescreen for New Greek Austerity

The fact that the Greek government opened the controversial issue of the naming of the Former Yugoslav Republic of Macedonia (FYROM) at a time when creditors were pressuring Athens to implement reforms was suspicious from day one. Athens had agreed with creditors...

Greek Finance Minister in 'Good Talks' with German Counterpart

There was a reported "positive atmosphere" in Berlin on Friday as Greek Finance Minister Euclid Tsakalotos met recently installed German counterpart Olaf Scholz. Germany's finance ministry took to social media to describe the meeting as: "Good talks toward a new...

Rubicon Anarchist Group Disrupts Greek FinMin Speech

Members of Rubicon anarchist group disrupted a speech by Finance Minister Euclid Tsakalotos at the Chamber of Commerce and Industry in Athens on Monday. The perpetrators threw flyers and shouted slogans. According to police sources, authorities trapped the perpetrators in...

Greece Planning €19B 'Safety Net' to Avoid More Loans

Greece is drawing up plans for its own €19-billion ‘safety net’, to avoid the need for more credit from international lenders, Athens' finance minister has said. Euclid Tsakalotos said the government wanted a clean break from its bailout program later...