Calamos Supports Greece

Greek reforms

EU Commission Report Praises Greek Reforms, Asks for More

The European Commission talked up the Greek government's reform drive, but warned that more reforms are required, as creditors are reviewing the bailout terms and considering a post-bailout landscape for Greece. “Greece has undertaken significant reform efforts across all policy...

"Quest For Reforms" Conference Organized by Hellenic American Union

A conference; organized by the Hellenic American Union on Oct. 20-22 in Athens, will host more than 40 eminent speakers, who will have an open discussion with the public on the issue of reforms in Greek society. Reform, as a...

Welfare System Needs More Reforms, Greek Officials say

Greece's recession-hit welfare system needs further reforms to keep providing a lifeline to the most vulnerable members of society, Greek officials and experts said. Weakened by chronic shortcomings, the system came under enormous strain due to austerity cuts during the...

IMF's Velculescu Says Debt Relief Measures Must be Specified; Gov't Must Implement Reforms

International Monetary Fund's Greece mission chief Delia Velculescu said on Wednesday talks among Greece's creditors to specify the debt relief measures which will be offered to Greece must be completed soon. Speaking at an Economist conference in southern Athens, Velculescu...

Greek Govt Aims to Pass Pension, Tax Bills in Parliament Before Monday

In a sudden move, the Greek government decided to bring the bills on social security and tax reforms for vote to parliament this weekend, ahead of Monday's Eurogroup. The government unexpectedly called a plenary for this weekend in order to pass the...

At Davos, Greek PM Reiterates Greece’s Acceptance of IMF Role in New Bailout Program

A few days ago, Greek Finance Minister Euclid Tsakalotos said that Greece was not opposed to IMF’s participation in the new bailout program, which his government had signed in August 2015 with the nation’s official creditors. Today, Greek Prime Minister...

European Commission Official Calls Greek Pension Reform Proposal 'Ambitious'

A European Commission official who looked at the Greek proposal on pension reforms called it "ambitious," adding that further additions and changes might be needed. The Commission official briefed the press in Brussels on the matter of the upcoming Greek bailout...

Greek Farmers, Workers and Professionals Prepare for Strikes Against Pension and Tax Reforms

A series of strikes and protest rallies by workers, farmers and professionals against upcoming pension and tax reforms has started on Wednesday in Greece with farmers symbolically occupying the headquarters of the Farmers Social Security Organization (OGA). Lawyers and bailiffs...

Reforming Greece’s Pension System Demands a Change of Economic Course

Greece’s Civil Servants' Confederation (ADEDY) has taken a public stance on the government’s plans to overhaul an ailing pension system that will surely annoy government officials and add to their worries that public opinion is increasingly questioning the legitimacy of...

Greek PM Tsipras Chairs Meeting on Social Security Reforms

Greek Prime Minister Alexis Tsipras chaired a meeting on government work as well as the coordinated actions within the framework of the negotiations for social security reforms. The SYRIZA parliamentary group is scheduled to convene on Monday afternoon, with Labor...