Calamos Supports Greece

reforms

Budget Office to Govt, Opposition and Troika: "Change, Or Else"

The Greek Parliament's Budgetary Office (BO), responsible for monitoring how the Greek State's budget is implemented, has issued its fourth quarter report for 2013 on the state of Greece's fiscal and structural reforms. Progress on Fiscal Reforms On the upside, the BO...

EU Commission: Raise The VAT on Food

The EU auditors together with the Greek government, posed  the question of raising the Greek VAT on food on the agenda of discussions. According to a European Commission study, the Greek government collects around €15 billion a year from...

Commissioner Rehn: Talks About Debt And New Package in Summer

In an interview with the Wall Street Journal, EU Commissioner Olli Rehn said that the revision of the Greek bailout package, which has been postponed for the third time now, will be completed "in the next few months," heightening concerns...

FOCUS: Greek State No Longer Afraid of Troika

According to the German magazine “Focus,” Greece has a negotiation advantage over its creditors this time. In the related article, Robert Halver, an analyst of Baader Bank, estimates that “the next loan installment to Greece will surely be approved...

Greek School Teachers To Strike When School Starts

ATHENS -Frustrated over falling wages and starting salaries for new teachers of as little as $184 a week - before taxes - Greek school teachers said they would strike the day after the new school year begins on Sept....

Papandreou Says AEI and TEi Have Dispensed with State Control

Papandreou has announced that he is giving in to society foundations, and dispensed with state control over them. In this way, the institutions can work for their own good and not as means of satisfying the interest of a...