Calamos Supports Greece

Venizelos

For Greeks, The Property Tax Bill is in the Mail

The first batch dreaded new “emergency” property tax statements being put into electric bills under the threat of having power turned off – or even garnishing wages and seizing properties for non-payment – has been sent off to Greeks...

Eurozone Says Greece Will Get Next Loan Installment

After weeks of worry, Greek officials were told Oct. 21 that a critical $11 billion loan installment as part of a $152 bailout to keep the country from going bankrupt[...]

Greece To Get Next Rescue Loan Batch From Eurozone

Finance ministers from the 17 countries that use the euro approved the payment of Greece’s next batch of bailout loans Friday, avoiding a potentially disastrous default, but acknowledged the country’s debt remained too high. Greece’s debts are only one piece...

Finance Official Quits After Fines on Tax Evaders Waived

Chief Appeals Court Prosecutor Spyros Mouzakitis has launched an investigation into the circumstances surrounding the recent resignation of Diomidis Spinellis, the General Secretary of Information Systems at the Finance Ministry, who was said to have quit because fines imposed...

Venizelos Says Greek Government Set for Tough Talks in Europe

Finance Minister Evangelos Venizelos said the government was prepared for tough negotiations with its European partners. “Saving Greece means saving Europe,” Venizelos told President Karolos Papoulias in a meeting in Athens today. There is great uncertainty in Europe and the...

Names of Major Tax Evaders to Be Published

With efforts to turn around the uneven economic situation in Greece continuing with the gathering of taxes, the country's Finance Minister, Evangelos Venizelos, is pursuing his struggle against tax evaders. Venizelos announced in Parliament that three lists carrying the names...

Venizelos Blasts Strikers, Says Tax Evaders Will Be Named

ATHENS - As growing numbers of public workers join the ranks of strikers protesting pay cuts,  tax hikes, and the layoff of 30,000 workers Finance Minister Evangelos Venizelos blistered them for their actions and said the city was under...

Greek Surtax Doubles, Tax Inspectors Set to Strike

A relentless wave of tax increases hasn't provided enough revenue to plug a deep hole in public finances, so a new supposed one-time “solidarity” surtax on income paid by Greeks will continue next year[...]

Venizelos Talks Tough to Would-Be PASOK Rebels

ATHENS – Finance Minister Evangelos Venizelos reiterated that Greece will do whatever it takes, including following the demands of the European Union-International Monetary Fund-European Central Bank Troika lending the country $152 billion to stay afloat, and challenged private dissenters...

Troika and Venizelos to Meet Again Today

Representatives of Greece's international creditors (IMF, EU and ECB), who have been in Athens for the past week, continue to apply pressure for further guarantees from the Athens government on the faithful introduction of the Medium-Term Economic Programme agreed...