Calamos Supports Greece

Giorgos Stathakis

Greek Economy Minister Admits He Did Not Declare 1 Mln Euros of Income in 2012

Greek Economy Minister Giorgos Stathakis confirmed that he is the Greek minister who did not report one million euros of income to the parliamentary Audit Committee for the Declarations of Assets, which examines the sources of income for each Greek...

Greek Economy Minister Allegedly Failed to Declare €1 Mln to Audit Committee

Economy Minister Giorgos Stathakis is believed to be the cabinet member who allegedly failed to declare 1 million euros to the parliamentary Audit Committee for Declarations of Assets. According to sources who prefer to remain anonymous, Stathatkis did not declare the...

Greece to Receive 2 bln Euros in EU Funds for NSRF Programs

The Greek economy will receive two billion euros in the form of EU funds by the end of October to implement programs of the 2007-2013 periods, Greek Economy Minister Giorgos Stathakis told journalists after a meeting with EU’s Commissioner...

IMF Chief and Greek Economy Minister Discuss Bailout but No Debt Haircut

International Monetary Fund Managing Director Christine Lagarde sent the message to Athens that any official discussion on Greek debt easing will take place after the first bailout program review. The IMF chief met with Greek Economy Minister Giorgos Stathakis in...

EIB Disburses 300M euros for Greece's NSRF Program

The European Investment Bank (EIB) loan disbursed on Wednesday 300 million euros for Greece to be used to cover the country’s participation in the 2014-20 National Strategic Reference Framework (ESPA) program. The loan tranche is part of a 1-billion-euro loan...

Greek Economy Minister: Banking Restrictions will be Lifted 'Very Soon'

Greek Economy Minister Giorgos Stathakis said on Wednesday steps are taken to ease bank restrictions and normalize imports and exports, adding that capital controls will be lifted “very soon.” Speaking at a press conference, Stathakis said talks are continuing with...

Greece and Creditors Closer to Bailout Agreement

After another marathon meeting that started on Sunday and ended 12 hours later on early Monday morning, Greece and creditors are in the process of making the last changes to complete the draft agreement by Tuesday. Finance and Economy Ministers Euclid...

Greek FinMin: Only 3-4 Things Remain Open in Negotiations with Creditors

The meeting of Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis with the representatives of the four lending institutions concluded on Wednesday, with Tsakalotos stating that the only differences remaining are on the timeline of the implementation of the...

Greek Municipality Union Sends Distress Signal to Ministry of Economy

The Central Union of Municipalities and Communities of Greece (KEDE) has alerted the Greek Economy Minister, Giorgos Stathakis on the stoppages of ongoing construction in Greek municipalities. According to a KEDE press release, KEDE president George Patoulis informed Stathakis that National Strategic Reference Framework (ESPA) directed...

Greek FinMin Tsakalotos: Negotiations with Creditors in Good Climate

Greek Finance Minister Euclid Tsakalotos said that talks with creditors on Friday were in a good climate and there was convergence on some issues. Tsakalotos and Economy Minister Giorgos Stathakis met today with the representatives of Greece's creditors, Declan Costello from...