Calamos Supports Greece

Giannis Stournaras

Government’s Decisions for Lay Offs in the Public Sector

On Friday the 18th of October, after the meeting of the State Council for the administrative reform, the Finance Minister Giannis Stournaras sent a message to troika: “The negotiations are hard, but go on as usual. Our work too, continues...

Decisions to Cover Financial Gap Aimed for December 2014

After the meeting with Minister of Finance, Giannis Stournaras, and Chairman of the Euro Working Group, Tomas Vizer, a top executive of the Ministry of Finance stated, that the decisions about covering the country's financial gap for 2014 are...

Troika Asks for New Measures of 3 Billion Euros

In the papers exchanged between those who observed the Greek program in 2014, there is currently a gap of 2.5 billion euros, according to the most conservative estimation. The gap touched the 4 billion mark based on other estimations,...

US Treasury Secretary Lew to Visit Greece

US Treasury Secretary, Jack Lew, will visit Greece on July 21 to discuss matters concerning the implementation of structural reforms in this Eurozone country, as well as the politics of the European Union to support the economic development, as...

After ERT, Troika Packs its Bags

After the rapid political developments caused by the closure of ERT and the barrage of strikes, the Troika decided to postpone the meeting with the Greek Minister of Finance, Giannis Stournaras, which was scheduled for the afternoon of June...

Schaeuble Says No Third Bailout for Greece

German Finance Minister Wolfgang Schaeuble, who has continually been warning Greece to impose more austerity measures and make more spending cuts, said there will be no third bailout for the cash-strapped country. Greece is surviving on a first series of...