Calamos Supports Greece

Politics

Bill Clinton Heads to Greece this Weekend to Promote "The Hellenic Initiative"

ATHENS – Former U.S. President Bill Clinton will be in Greece this weekend to promote "The Hellenic Initiative," an initiative organized by Greeks of the Diaspora that aims to help Greece overcome the current crisis. The program aims to...

Greek MEPs Support Marine Strategy Directive During MEDASSET Event in Lefkada

Within the framework of the European Fish Weeks 2012, NGO MEDASSET (Mediterranean Association to Save the Sea Turtles) organized a series of events this month on the island of Lefkada, Western Greece, aiming at putting an end to disastrous...

A Wave of Attacks Against Immigrants in Greece

ATHENS – A rise in anti-immigrant sentiment in Greece – including within a new coalition government – has led to an avalanche of assaults, at least 300 of which have been catalogued by human rights groups who called on...

Greek Federation of Employers Asks for Reduction of Labor Costs

The Greek Federation of Employers, SEV, is asking for the reduction of labor costs as a negotiating point for talks with the unions and the government. On the other side, ESEE, the Confederation of Greek Merchants is asking for...

Kouvelis Says Greece Could Still Default Yet

ATHENS – Fotis Kouvelis, leader of the tiny Democratic Left party that is a partner in New Democracy Conservative Prime Minister Antonis Samaras’ uneasy coalition with the PASOK Socialists, has warned that Greece may yet default on its loans...

Venizelos Says No More Pay Cuts or Tax Hikes

ATHENS - Greek Prime Minister Antonis Samaras and his coalition partners have agreed on little more than half of the $14.1 billion in cuts demanded by international lenders over the next three years, but agreed that there would be...

Schaeuble: The Future of Greece Lies in Greece’s Hands

German Finance Minister Wolfgang Schaeuble suggested the euro area could handle Greece dropping out, raising pressure on Greek political leaders struggling to form a government amid a rise in anti-bailout sentiment. “We have learned a lot in the last two...

European Court of Human Rights Condemns Greece for Mistreatment of Immigrant

The European Court of Human Rights condemned Greece for mistreatment of an Albanian legal immigrant, Arben Lisha. Mr. Lisha had appealed against Greek authorities for mistreatment after he was deported to Albania. He used to reside in Skala Lakonias,...

New Greek Cuts "Almost Impossible"‎

The head of a party in Greece's new coalition government says the country's recession made it "almost impossible" for it to achieve the 11.5 billion euros in cuts over the next two years demanded by its rescue creditors. Socialist party...

Greece Trying to Keep Halyvourgia Steelworks From Shutting

ATHENS – Desperately trying to find ways to keep open the Hellenic Halyvourgia steelworks where employees have been striking for nine months over 40 percent pay cuts, Labor Minister Yiannis Vroutsis was talking to union leaders and management trying...

Samaras Tells Ministers: Find $14 Billion in Cuts or I Will

ATHENS – With his Cabinet members reluctant to make deep cuts needed to satisfy international lenders who want Greece’s government to slash spending by $14 billion, new Prime Minister Antonis Samaras has told them that he will if they...

Greek President Cancels Democracy Celebration

ATHENS – Greece’s economic crisis, that is sapping the spirit out of the country as well as its finances, is so wearing that President Karolos Papoulias  - who was booed at Oxi Day celebrations and honored Independence Day at...

An Agreement for the Sake of Greek Tourism

 An intensive accord was reached between the Ministry of Foreign Affairs and the Ministry of Tourism and the Ministers Mr. Dimitrios Avramopoulos and Ms. Olga Kefalogianni during a meeting that they had last Thursday in the Ministry of Foreign...

General Secretary of Greek Communist Party Asks for Intervention Against Golden Dawn

“The Government as well as justice should intervene against the Golden Dawn political party," Ms. Papariga said on Friday, during her speech during an immigrant festival. The General Secretariat of KKE (Greek Communist Party) underlined that it would be...

Bill Clinton Coming to Greece to Push Diaspora Charity Work

ATHENS - Former U.S. President Bill Clinton will reportedly come to Greece later this week at the behest of a group of influential Greek Americans who want to change the negative image of the country as it struggles through...