Calamos Supports Greece

Nikos Voutsis

IMF: We Are Not Recalling Staff From Athens

The International Monetary Fund (IMF) denied earlier today, a report published in German Spiegel magazine yesterday that it will temporarily withdraw staff from Athens in reaction to foot-dragging by the Greek government to implement reforms. In a statement issued today,...

Greek Gov't Officials Reassure Lenders the Country Can Meet its Obligations

In an attempt to reverse the negative climate created primarily by foreign media reports, numerous government officials are sending out the message that Greece has enough cash to make the International Monetary Fund (IMF) 450 million euros repayment, due...

Greek Deputy Finance Minister Mardas: We Are Ready to Pay IMF on April 9

Greek Deputy Finance Minister Dimitris Mardas  expressed his optimism today that Greece will be able to repay a loan tranche of 450 million euros to the International Monetary Fund (IMF), ruling out scenarios that the country will run out...

Spiegel: IMF Temporarily Recalls Staff from Athens

The International Monetary Fund has temporarily recalled its staff from Athens distressed by the slow progress and lack of cooperation from the Greek side, according to Der Spiegel. The German magazine says that a staff member said that Greek General...

Reuters: Greece Will Run Out of Money on April 9

The Greek government has reportedly warned its international creditors it will run out of money on April 9, if no new funds are made available before that date, regardless of an agreement reached over the proposed reforms list, Reuters...

Greek Government to Set Ceiling on Loans to Political Parties

The Greek government is raising the issue of changing the current framework for loans to political parties while SYRIZA deputies Stathis Panagoulis and Nasos Athanassiou are asking for details over PASOK and New Democracy's loan obligations. "The issue of bank...

Who Will Be Part of the Next Greek Parliament?

Many Greek politicians were neck to neck against their fellow candidates in several constituencies across Greece, aiming to earn a seat in the new Greek Parliament. According to election results, SYRIZA’s Gavriil Sakellaridis and Nikolaos Voutsis, as well as New Democracy...

First Greek Crematorium to Open in Volos

The first crematorium in Greece is planned for the city of Volos, Central Greece. The legal framework allowing the creation of crematoria has already been unanimously passed by the Greek parliament, while the required joint ministerial decision and presidential decree have...

Crooked Greek Workers In Firing Line

Greek Prime Minister Antonis Samaras' administration plans to speed disciplinary procedures against 4,000 civil servants being investigated for a range of misdemeanors and crimes and finish the work by early next year, with the likelihood many will be fired...