Calamos Supports Greece

Greek News

EU's Juncker: About 2 bln Euro Funds to Greece in 2015

The European Commission President Jean-Claude Juncker on Friday announced that in 2015 EU funds of around 2 billion euros that Greece will receive from the EU structural funds can be redirected towards activities related to growth and the strengthening...

Greek Teenagers Turn to Cannabis

A new statistical study published by the University Research Institute of Mental Health shows that teenagers in Greece prefer cannabis over alcohol and cigarettes. Around 4,500 teenagers aged 11, 13 and 15 years old answered a questionnaire last year...

French President Hollande: No Time to Lose for Greece

French President Francois Hollande has expressed his concerns over Greece's tightening deadline to propose its reforms program that are in line with its existing commitments agreed with the country's creditors. As he said, Greece must speed up the progress...

Foreign Media Reports on Meeting of European Leaders

German media appear optimistic after the seven European leaders’ meeting on Thursday March 19, in Brussels. German magazine Spiegel Online notes that the fact that the European leaders took the time to meet with Alexis Tsipras is an important symbolic...

Extreme Right Golden Dawn Leader Michaloliakos and MP Lagos Released Ahead of Trial

Extreme Right Golden Dawn's imprisoned leader Nikos Michaloliakos and senior MP Ioannis Lagos, who, among others, are currently facing charges over running and belonging to a criminal organization were released from Korydallos prison today, after the 18-month pretrial custody...

Tears of Joy Follow Tears of Sorrow as Organs of Greek Girl Save 4 Lives

Anastasia's last wish was to donate her organs to save lives, said the mother of the 17-year-old Greek girl who died last week after falling from a hotel balcony in Rome while on a school trip. After her death, four...

Greek Finance Ministry: We'll Provide Technical Levels With the Requested Data

In what can only be described as a "u turn" in its stance, the Greek Finance Ministry released a statement earlier today welcoming cooperation with the technical levels representing the country's international creditors; the European Commission (EC), the European...

Critical Dates for Greece's Financing Set in the European Summit

French newspaper Le Monde published a very informative article, regarding Greece’s financing until the end of August. In a detailed table the newspaper presented what was discussed in the Summit between seven European leaders, noting the most critical dates...

Tax Burden on Poor 328% More Than the Rich During Greek Crisis

The austerity measures brought on by the Greek financial crisis has mostly affected the poor population of Greece. According to a survey conducted by Economics Professor Emeritus at the University of Athens and former Minister Tassos Giannitsis along with...

Former PM Samaras: Greece Is Running Out of Time and Money

Greek Prime Minister Alexis Tsipras has to pass the exam of the new measures and he will be graded by the troika and the Eurogroup, said former PM Antonis Samaras. "We are running out of time and money. It is...

Solar Eclipse in Athens Sky

A striking phenomenon occurred today above the sky of Athens, as the moon passed between the Earth and the sun, turning day into night. The solar eclipse that was visible throughout all of Europe, Africa and parts of Asia...

Ruling in Former Greek FinMin Trial to be Delivered on Tuesday

The hearing process in the trial of former finance minister George Papaconstantinou, over charges of removing his relatives' names from a controversial list of Greek depositors abroad under review for possible tax evasion (the so-called Lagarde list), was concluded...

Greek Gov't Spokesman Expresses Greek Side's Content Over Summit's Outcome

Government spokesman Gavriil Sakellaridis on Friday, in statements to private MEGA TV, expressed the government's content over the results of Thursday's EU summit. "Yesterday we made an important step, a positive step and we as a government are glad over...

Merkel Asks Greece to Step Up Reforms in Exchange of Aid

German Chancellor Angela Merkel said Greece must rebuild the trust of its euro zone partners and step up reform efforts in order to get further financial aid. The four-hour meeting between Greek Prime Minister Alexis Tsipras, the leaders of France...

Greece's Cash Crunch Continues

With another 350 million euros leaving Greece on Friday for a payment due to the International Monetary Fund, the state coffer looks frighteningly empty. At the same time, state revenues have dropped significantly. Greek banks face a serious liquidity problem...