Calamos Supports Greece

Greek News

One Migrant Dead, Two Missing off Greek Island's Coast

An undocumented migrant passed away, while another two are currently missing, after an incident on the Greek island of Lesvos. A rubber boat carrying 16 migrants capsized but the Greek Coast Guard were only able to save 13 of the...

Greek Main Opposition Leader Receives Mandate to Form Government

Greek main opposition New Democracy leader Evangelos Meimarakis received a mandate to form a government by the President of the Hellenic Republic, Prokopis Pavlopoulos, on Friday morning. Meimarakis, as leader of the second largest political force in Greece, will meet with Parliament President Zoe...

German Chancellor Merkel: Tsipras Stepping Down is Part of the Solution

After Greek Prime Minister Alexis Tsipras announced his resignation and called for snap elections, German Chancellor Angela Merkel reportedly commented that "Tsipras stepping down is part of the solution." According to a Telegraph report, Merkel is on official visit to Brazil...

SYRIZA Left Platform Rebels Announce New Party 'Popular Unity'

After the resignation of Prime Minister Alexis Tsipras and his government and the decision for snap elections in Greece, the SYRIZA Left Platform announced the formation of a new leftist party. Reportedly, the new party will be called "Popular Unity" as 29...

New Democracy Leader Meimarakis Slams Greek PM for Resignation

New Democracy held an urgent press conference to address Greek Prime Minister Alexis Tsipras’ resignation and proclamations of snap elections in September, on Thursday evening. With Tsipras' resignation, the following political development is for Greece's second most powerful political party, New Democracy,...

Greek Political Parties React to Snap Elections

Greek Prime Minister Alexis Tsipras' resignation and subsequent proclamation of snap elections in Greece on Thursday evening, prompted the reaction of the Greek political parties, even before the prime minister's official statement. ANEL Prior to Tsipras' proclamation, the Independent Greeks (ANEL) leader Panos Kammenos, Tsipras'...

Greek Government Resigns; PM Tsipras Calls Snap Elections Asking for a Fresh People's Mandate

Greek Prime Minister Alexis Tsipras announced early elections on September 20 asking Greek people to give SYRIZA a fresh mandate for a "free, democratic and socially just Greece." In his 14-minute speech Tsipras reviewed and praised the Greek government's work...

European Commission President's Head of Cabinet Optimistic about Greek Snap Elections

With Greek snap elections all but officially announced, Martin Selmayr, European Commission President Jean Claude Juncker's Cabinet highlighted the positive effects of the anticipated elections. "Swift elections in Greece can be a way to broaden support for ESM stability support program...

FYROM Declares Border State of Emergency

After a continuous influx of migrants and refugees, the government of FYROM declared a state of emergency in the country's southern border with Greece and northern border with Serbia on Thursday afternoon. FYROM police are currently on the country's border with Greece...

Varoufakis Reveals Deals He Proposed to Greece's Creditors

Former Greek Finance Minister Yanis Varoufakis published on Thursday two proposals he claims to have made to Greece's international creditors in May and June. Varoufakis, who resigned from his post on July 6, claims that both proposals, one of which was...

Greek PM Expected to Call Snap Elections Later in the Evening

Following a meeting on Thursday afternoon that included Greek government and SYRIZA party members, Greek Prime Minister Alexis Tsipras is expected to call for snap elections in September. Tsipras is anticipated to make a proclamation on the snap elections around 8 p.m. Greek time...

Greek Government Makes Changes to Greece's Military Leadership

New Democracy’s coordinator for national defence Kostas Tasoulas claimed in an announcement he made on Thursday that the Greek government hastily made changes to the country's military leadership. "The Government Council for Foreign Affairs and Defence decided, without convening its members, but through...

Urban Owl: Greek Startup Company Shows the World Greece's Creative Side

A Greek startup company has impressed people across world, showing the world that there is also a more creative and productive side to Greece. Urban Owl Eyewear belongs to Dimitris Diamantis and it produces handmade sunglasses made exclusively in...

Greece's FinMin Tsakalotos Urges Greeks to Bring Their Money to the Banks

Speaking in parliament on Thursday, Greek Finance Minister Euclid Tsakalotos referred to a series of factors that will restore the credibility to the Greek banking sector. Tsakalotos urged Greeks to trust the banking system and return their money to the banks....

Greece Makes 3.2-Billion-Euro Payment to the ECB

Greece made a 3.2-billion-euro payment to the European Central Bank (ECB) on Thursday. Reuters cited an anonymous Greek government senior official who was quoted as saying that "the payment was made, the funds are on their way." The money for this payment came from the...