Calamos Supports Greece

George Stathakis

Hellas Gold Files Injunction Over Minister's Delay for Licence

Goldmining company Hellas Gold filed an injunction at the Council of State on Tuesday against Environment and Energy Minister George Stathakis, charging that his delay in approving an extension of a licence for additional equipment delayed the operation of...

Greece to Grant Permits for Eldorado's Olympias Project ‘this Week’

Greece will grant Canada’s Eldorado Gold outstanding permits for its Olympias project this week, Environment and Energy Minister George Stathakis said on Wednesday. Dozens of Eldorado Gold workers rallied outside the environment and enery ministry in Athens on Wednesday to...

Eldorado Goldmine Arbitration to Start in August

Eldorado Gold will face Greek officials in an arbitration court later this month as the country's government sees the move as the preferred way to settle its differences with the Canadian miner. The country’s Energy Minister George Stathakis met representatives from Eldorado's...

PPC Labor Union Announces Strikes Against Sale of Power Production Units

The labor union of Greece’s power utility PPC announced on Monday it will call strikes against the government’s decision to sell some of the company’s lignite plants, its president Giorgos Adamidis told the Athens-Macedonian News Agency, after a meeting...

Greece Ranks 5th in Absorption of Juncker Plan Funds

Greece ranks fifth in Europe in the absorption of Juncker Plan funds, according to European Commission figures, said Economy, Development and Tourism Minister George Stathakis on Friday. Speaking in Parliament, in response to a question by opposition deputy Yiannis Maniatis...

Greece to Receive Next Bailout Tranche by June 13

Α source from the Greek Ministry of Finance said on Wednesday that the first installment of bailout tranches benchmarked for Greece, worth 7.5 billion euros (from a tranche worth 10.3 billion euros), will be disbursed by June 13. The same...

George Stathakis: Government Is Discussing Road Map on Loosening Capital Controls

The government is discussing a road map on loosening capital controls, Economy Minister George Stathakis said in an interview with Star TV late on Monday. Stathakis underlined that the participation of the Greek banks in ECB quantitative easing programme, the...

EIB Signs Loan Agreement With Creta Farm Worth 15 Million Euros

Creta Farm SA, a Greek-listed food company, on Tuesday signed a loan agreement worth 15 million euros with European Investment Bank. It is the first such agreement signed by EIB in the framework of a support programme offered by...

Tax and Security Reform Plans to be Filed in Parliament Next Week

The tax reform plan and the security reform plan will be filed in Parliament next week, said Finance Minister Euclid Tsakalotos, in a press conference with Finance Minister George Stathakis and Labor Minister Giogros Katrougalos. The goal is for both...

Berlin Insists on Privatization Revenues

In an interview with Berlin newspaper "Tagesspiegel," Finance Minister George Stathakis said that if the agreement between the Greek government and the creditors is achieved, Greece could return back to a growth development in the second half of 2016. Stathakis...