Calamos Supports Greece

Measures

Tsakalotos: Overall Deal on Greece's Loan Tranche, Debt Feasible Within Three Weeks

Finance Minister Euclid Tsakalotos expressed the joint belief of all Eurogroup participants on Monday that an overall agreement on Greece -- including both the release of the next loan tranche and the prospect of a debt relief -- is...

New Measures Required by Greece's Creditors Abolish 4 Welfare Allowances

Poorer households in Greece are hit by the new measures required by creditors as four welfare allowances have been abolished. The new austerity measures included in the omnibus bill voted in Greek parliament on Thursday leave out the four benefits...

EU Commission Welcomes Voting of Measures in Greek Parliament

The European Commission welcomed on Friday the voting of the measures in the Greek parliament, adding that now a credible strategy that will guarantee the sustainability of the Greek debt will be sought. Asked to comment on the voting of...

We Will Not Vote the Measures or the Offset Measures, Says ND

New Democracy (ND) in an announcement on Wednesday said that it will vote neither the measures nor the offset measures during the voting process on Thursday in parliament. "The fourth memorandum bears exclusively the signatures of Alexis Tsipras, Panos Kammenos...

Nationwide Strike in Greece While Parties Clash over Austerity Measures in Parliament

A nationwide strike has paralyzed Greece on Wednesday, while in parliament government and opposition parties have started a heated discussion over the new austerity measures tabled for voting. Train, bus, ferry and airline services are disrupted while private and public...

Public Entities, Unions React Strongly to Greek Gov't Austerity Measures

The reaction of public entities and unions to the new austerity measures the Greek government is trying to pass was expressed with strong language in the House at the discussion of the new omnibus bill. Phrases like "You conned us!",...

Greeks Called Upon to Pay €4.5 Bln in New Austerity Measures

Greek taxpayers and pensioners are called upon to pay over 4.5 billion euros after the reduction of the tax-free income and pension cuts in order for the government to close bailout program review. Specifically, the lowering of the tax-free threshold...

Parliament President Voutsis: 2019-2020 Measures to Be Voted by May 19

The 2019-2020 measures included in the second review of the Greek programme are expected to be voted in the Greek parliament by May 19 under urgent procedures, stated parliament president Nikos Voutsis on Wednesday. Voutsis, who is visiting Brussels...

Greece has to Legislate or Adjust 135 Prerequisites to Close Bailout Program Review

Greece has to legislate 77 measures and adjust 58 more in order to close the second bailout program review and receive the next loan tranche, according to a Kathimerini newspaper report. According to the report, there is a list of...

Greek House Speaker: Measures Will be Legislated on May 18

The new measures agreed with Greece's creditors in order to complete the second bailout program review will be legislated on May 18, House Speaker Nikos Voutsis told reporters on Monday. Voutsis said that the measures and countermeasures will be tabled...