Calamos Supports Greece

Memorandum

6,500 Employee Layoffs in Greek Public Sector

According to the Memorandum of Understanding signed between the Greek government and the Troika of international lenders, approximately 15,000 Greek public employees should have been laid off in 2013 and 2014. From these 15,000, approximately 8,500 layoffs have already been carried...

Greek Wages on Steady Decline

Note that while last year across Europe there was a raise in wages, Greece and Cyprus suffered reductions. According to ELSTAT’s (Hellenic Statistical Authority) data, wages in Greece have been on a constant and steady decrease since 2010, while the...

Greek Minister of Health: 'I Lied about the Memorandum'

  A video that shows Greek Minister of Health, Adonis Georgiadis, confessing that he lied about Greece’s memorandum has attracted media attention. This confession was made by Adonis Georgiadis on October 23, 2013 during a TV show on the Greek...

New Loan for Greece

Lenders continue to maintain a tough stance against the Greek government, aiming to extract guarantees for the period after the national elections, in order to engage the country and continue the payment of the next tranches. The return date of...

New Evaluation Method for Public Sector Employees

The new evaluation method for the Greek public sector employees will put an end to “excellent” grades, as it introduces a new quota on ratings. The bill concerning the evaluation of civil servants is one of Greece’s obligations under...

Tsipras: 'It is Certain that we Will be the Next Government of Greece'

The president of the major opposition party, Alexis Tsipras, while addressing the plenary session of the parliamentary group of SYRIZA earlier today, underlined that his party is strongly against the policies that the Memorandum imposes on Greek society. Furthermore,...

Troika: "No State Subsidy for Cyprus Airways"

Troika has made it crystal clear that the Cyprus Government should not provide any State subsidy to the Cyprus’s state-owned airline Cyprus Airways.  According to philenews, there is an internal document from the European Commission authorizing the Vice–President Olli...

Greek Civil Servants Lack Basic Computer Skills

A significant number of the total of 607,516 Greek civil servants, are considered to have either low qualifications or lacking basic knowledge in computers. Almost half of them do not have a university certificate, while those who have postgraduate...

Desperate Greek Father Robs Bank To Pay Off Debt

An unprecedented story of true desperation and human drama unfolded in Ioannina. A man robbed a bank in order to pay his debt to a company via another bank. A 45 -year-old man, and father of two children, entered a...

Papadimoulis Asks for a Referendum Against Nazism

Parliamentary Spokesman of SY.RIZ.A.-Ε.Κ.Μ. Dimitris Papadimoulis stated: “The people have to show they are against nazism as well as that the large majority are against the memorandum and liberal policies.” Former Member of the European Parliament Papadimoulis expressed SYRIZA’s intention...