Calamos Supports Greece

Politics

Government Set to Win Confidence Vote, Cracks Emerge

New government should comfortably survive a vote of confidence on Wednesday but Prime Minister Lucas Papademos faces a daunting task repairing the shattered public finances, and cracks are already appearing in his crisis coalition. Polls show Papademos, a former vice...

Avramopoulos to Visit Cyprus on Thursday

Greece’s new Defence Minister Dimitris Avramopoulos will visit Cyprus on Thursday, as agreed during a telephone conference on Saturday with his Cypriot counterpart Demetris Eliades. According to an official announcement released in Nicosia, Eliades telephoned Avramopoulos to congratulate him on...

Australian Foreign Policies on FYROM Name Dispute and Cyprus Problem Remain Unaltered

“Australia’s policies on the name issue of the Former Yugoslav Republic of Macedonia remain unaltered. Australia recognizes the county by this name and our political line will not change as long as Greece and FYROM do not adopt a...

Samaras: We Gave Rise to Papademos Government

Main opposition New Democracy (ND) leader Antonis Samaras on Monday outlined to his party's parliamentary group the reasons that led him to agree to back a transitional government which, he stressed, was formed for a specific purpose and has...

So Much for Unity – Samaras Won’t Sign Troika Deal

ATHENS – Just a few days after Greece got a coalition government charged with pushing through more austerity measures to get a second bailout of $157 billion from international lenders, New Democracy leader Antonis Samaras said he’ll refuse to...

Vote of Confidence for New Government on Wednesday

Parliament will hold a vote of confidence in Greece's new transition government at noon on Wednesday, after a three-day debate of new prime minister Lucas Papademos' policy statement. will present his policy statement on Monday afternoon, at 7:00 p.m. in...

New Greek PM Contacts President of Cyprus

President Demetris Christofias received on Friday a phone call from Lucas Papademos, who informed him that he was the first state leader with whom he has communicated since he took over from George Papandreou, as proof of the fraternal...

Jewish Organizations Concerned by Extreme-Right Party in Greek Government

Jewish organizations have expressed concern over an extreme-right anti-Semitic party in the new government of national unity in Greece. "We are deeply concerned by the presence in the new unity government of the LAOS extreme-right, headed by Georgios Karatzaferis," the...

Greek Word Not Good Enough – Troika Wants it in Writing

ATHENS – Even before the dust settled down from the appointment of a new interim Prime Minister, Lucas Papademos, and a coalition cabinet charged with pushing through the Parliament a new bailout of $157 billion from international lenders and...

50 Years of Greek-Korean Friendship Sealed

Greece and the Republic of South Korea celebrated on Friday, November 11 the 50th anniversary of diplomatic relations between the two countries. For the occasion, two Korean warships have docked at the port of Piraeus and will remain there...

Papademos Sworn In, New Coalition Government Faces Old Problems

ATHENS – Former European Central Bank Vice-President Lucas Papademos has been sworn in as the country’s interim Prime Minister, charged with keeping international aid coming and holding together a coalition government that includes some bitter rivals, and far Right-Wing...

My Big Fat Greek Government-48 Ministers in New PM's "Flexible" Cabinet

  So, after more meetings and consultations, the new Prime Minister Lucas Papademos and representatives of the three parties (PASOK, New Democracy,LAOS) finalized the composition of the crisis cabinet which counts 48 (!) members-so much about the flexible cabinet Papadimos...

Papademos Eyes Flexible And Combatant Cabinet

The new interim government swears an oath on Friday noon, then the procedure of vote of confidence would launch. Consultations continued until late Thursday between the new Prime Minister Lucas Papademos and representatives of the three parties (PASOK, New Democracy,...

Greek Jobless Rate Hits 18.4% as Economy Tanks

ATHENS – As Greece waited on a new coalition government needed to keep international loans coming and prevent the country’s bankruptcy, the austerity measures that go along with them have driven the unemployment rate to 18.4%. That came as hundreds...