Calamos Supports Greece

Pension Reform

Tempe Highway Blocked Indefinitely; Greek Farmers Intensify Their Blockades

The farmers decided on Tuesday to show their unwillingness to back down on their demands by shutting down indefinitely the Tempe highway. The highway was expected to shut down for 24 hours on Monday night, however the farmers proceeded...

Greek Doctors Threaten to Join Strikes Against Government’s Pension Reform Plan

Representatives of Greece’s association of doctors met with the Minister of Labor to express their opposition to the government’s proposed pension reform plan, hoping that they could make a case for its withdrawal. Alas, their voices fell on deaf...

Eurogroup Chief Jeroen Dijsselbloem Talks from Both Sides of Mouth On Greek Debt and Pension Reform Proposal

Speaking on Bloomberg from Davos, Eurogroup chief and Dutch Finance Minister Jeroen Dijsselbloem described the Greek government’s pension reform proposal as a serious one, but then went on to say that “the numbers still do not add up,” reaffirming...

Government Minister Seeks to Reassure Angry Greek Farmers Pension Reform is Beneficial

As the country is at present in the grips of strike over the government’s plan to proceed with further cuts in pension benefits and impose additional austerity, senior level government officials are pulling all the stops to reassure angry...

IMF Stance on Pension Reform Irks Greek Finance Minister

In a press conference, Greek Finance Minister Euclid Tsakalotos expressed his displeasure with the IMF’s stance on the Greek government’s plan for pension reform. Tsakalotos stressed repeatedly that leaks to the press about the IMF’s alleged rejection of the pension...

Greek Government Agrees to Hold Discussions with IMF Over Pension Reform

  Tsipras’ Syriza-led government has done more somersaults since it came to power than an acrobatic gymnastics team in Olympic competition. Take for example its stance on the IMF and the so-called Troika in general. First, Tsipras and his lieutenants promised...

Creditors Disagree with Greece's Proposals on Security Fund Reform

There are several differences between Greece and creditors regarding security fund reforms after the Greek government made its proposal public on Monday. Athens is bound to overhaul its security fund system as an important part of the bailout program requirements....

Greek Govt to Lenders: 'Give Us More Time for Pension Reform'

The Greek government is pressing its international lenders to exclude the pension reform plan from the backlog of reforms that need to be completed before exiting the bailout program, Reuters reported. With the final review over its progress on the bailout...