Calamos Supports Greece

Nadia Valavani

Greek Gov't Will Move to Confiscate for Large-scale Debtors Not Signing Up for Repayment Program

When the deadline for submitting applications to manage debts under the 100-installment application runs out, the government will move to measures of confiscation over outstanding debts, Greek Alternate Finance Minister Nadia Valavani said. Responding to a parliamentary question by deputy...

Greece Under Pressure for Reforms as Money is Running Out

The Greek government is under severe pressure from creditors and rushes to complete the implementation of the first package of measures hoping it will see partial funds released after the April 24 Eurogroup. On the other side of the fence, creditors...

Greek Government will not Raise VAT in Tourism and Staple Goods

The Greek government will not raise the VAT in tourism and staple goods, according to a document co-signed by Finance Minister Yanis Varoufakis and Alternate Finance Minister Nadia Valavani, and was submitted to Parliament on Friday as an answer...

Greek Deputy FinMin: New Electronic System to Track Deposits 15 Years Back

A new electronic system will track bank deposits as far back as the last 15 years and help fight tax evasion by wealthy Greeks, Deputy Finance Minister Nadia Valavani told Sunday's "Avgi" newspaper. Valavani also said that cash registers will...

Greek Alternate FinMin: The Tax System Is Unfair and Class-Based

Since Friday, when the express-settlement for the arrears to the State was put into effect, some 18 to 20 million euro have flown into the state coffers on a daily basis, while on Monday alone revenues reached 50 million...

Deputy FinMin: Exceptional Measures for Outstanding Tax Debts

Deputy Minister of Finance Nadia Valavani announced on Wednesday that a new exceptional measure for the repayment of old tax debts in 100 installments will be added in the government’s draft bill on humanitarian aid that was tabled in...

Greek Gov't Looking More and More Like the Tower of Babel

A little over a month in the Maximos Mansion and it seems that the Greek government officials are in constant competition with each other over who is going to sound more leftist, more "for the people," who commiserates more,...

Greek PM Tsipras to Cabinet Meeting: The Memoranda Are Over

The cabinet meeting chaired by Greek Prime Minister Alexis Tsipras convened earlier today, focusing on the preparation of the new government’s work as well as on the first bills to be submitted to the Greek Parliament by next week....

1Bln-Euro Revenue Shortfall in January

The Greek Finance Ministry is having trouble accumulating the necessary state revenues after the major 1-billion-euro shortfall that was recorded in January 2015. Furthermore, a top government official noted that the expected fiscal gap for the period 2015-2016 will...

Greek PM Tsipras Briefs SYRIZA MPs on Negotiations

Greek Prime Minister Alexis Tsipras gathered SYRIZA's Parliamentary Group in order to brief the party's MPs in detail regarding the government's moves since it took office on January 26. Tsipras referred to the difficulties and climate the new government had...