Calamos Supports Greece

Giannis Stournaras

Former Minister Andreas Loverdos to be Prosecuted for Involvement in ''Novartis Case''

Eleni Touloupaki, The Head of the Athens Prosecutor's Office responsible for corruption allegations, has decided to send the file with the details of Andreas Loverdos' involvement in the so-called ''Novartis case'' to the Greek Parliament, Greek media reported on...

BoG Governor Suggests IMF Should Leave Greek Programme if it Wants to

Greece’s influential central banker was quoted on Sunday as saying that the IMF should not be persuaded otherwise if it wants to exit the Greek program, fueling speculation ahead of negotiations aimed to conclude the third review of the...

Greek Govt to Ease Capital Controls on Businesses

In a meeting on Friday, the Bank of Greece (BoG) along with Greek government representatives agreed to give businesses a breath of air. Many imports to Greece have been held up as Greek businesses have been unable to pay them due...

Greek FinMin Yanis Varoufakis to Meet US President Obama on Thursday

Greece's outspoken Finance Minister Yanis Varoufakis is expected to meet with United States President Barack Obama on Thursday, his ministry said. The Greek Finance Minister is currently in Washington participating in the Spring Meetings of the World Bank Group and the International Monetary Fund...

BoG Governor: We Must Conclude a Mutually Beneficial Agreement with Partners

Bank of Greece (BoG) Governor and former Finance Minister Giannis Stournaras has warned the Greek government that a final agreement with the country's loan partners should soon be reached in order to avoid a frightful setback to the country's economic...

BoG Governor Stournaras: ECB's Decision Can be Lifted

The Governor of Bank of Greece (BoG) and former Finance Minister Giannis Stournaras appeared confident today that the Greek banks' liquidity is absolutely guaranteed and that the deposits are completely secured. In a meeting with the SYRIZA-led government Vice President,...

Greek FinMin Examining to Issue Treasury Bills to Secure 4.5 Bln Euros

Towards the emergency issuing of Greek treasury bills is directed the Finance Ministry in order to secure some 4.5 billion euros for the country’s government, which in the first quarter of 2015 needs to cover the payment of interest...

Greek Ministry Protects Social Dividend from Banks

The total amount of money paid to 200,000 beneficiaries as a social dividend sums up to 133.2 million euros. Up to 205,912 households had already applied until the end of the first deadline, initially set May 3. Successful applicants...

Stournaras Visits Greek Prime Minister After Troika Meeting

After the meeting between the Heads of the Ministry of Finance and Troika representatives, a government official mentioned that the Greek government, along with Troika, is attempting to close as many open subjects as possible until the beginning of...

Dijsselbloem: We See Progress in Greece

"Greece has achieved a lot and we look forward to the completing the evaluation," said the Greek Minister of Finance, Giannis Stournaras, outside the meeting with the Eurogroup, in Brussels. The Greek Minister of Finance also said he expects the...