Calamos Supports Greece

Transparency International

Corruption Costs Greece 10% of GDP

The Washington, D.C.-based prestigious think tank the Brookings Institution estimates that corruption is costing Greece some 20 billion euros ($26.7 billion) which, combined with lost revenues from the country’s notoriously tangled and inefficient bureaucracy, is crippling efforts to reform...

Greek Certainties: Death, Taxes and Tax Evaders

Raising taxes is supposed to be antithetical to Republicans and Greece’s New Democracy Capitalists who usually pin that on Democrats and the Left. But it wasn’t surprising when, instead of going after tax evaders who owe their beloved country $70...

Fiscal Crisis Worsens Greek Corruption

Greece’s crushing financial crisis, and punishing austerity measures are making corruption worse in the country, with more people driven to tax evasion and to other ways of trying to survive, the annual graft ranking of Transparency International has found. Greece...

Anti-Corruption Chief Says Greek Laws Condone Graft

ATHENS - One of Greece’s biggest problems – corruption – not only isn’t getting better but is actually being promoted by laws supposed to prevent it, the head of the Greek office of Transparency International said. “In some cases,...

Corruption Costing Greece $13.5 Billion Annually

ATHENS – As Greece tries to tax its way out of near-bankruptcy – along with pay and pension cuts and layoffs – a major part of a solution, catching the country’s notorious tax evaders, could bring in more than...