Calamos Supports Greece

Society

German Historian: Rich Greeks Evade Taxes Since 1830

"The rich were exempt from taxes since the birth of the Greek state in 1830," said German historian Heinz Richter, criticizing Greek political parties. The German historian and author is professor emeritus of modern Greek and Cypriot history at the...

Financial Problems Lead Mother and Son to Suicide

Two more victims are added on the long list of casualties of the economic crisis in Greece. A 63-year-old woman and her 27-year-old son jumped from the fifth floor of their apartment building and died. The latest chapter of the...

Grammy-Winning Band Roots for Greece in Song

Greece 's struggle to come out of the economic crisis has many supporters around the world. The most recent one is Grammy-winning Canadian indie rock band Arcade Fire. Singer Will Butler wrote a song called "Clean Monday," named after the...

Greece's New Reform List and List of Bailout Requirements More Similar than Different

The list of proposed reforms Greece sent to its international creditors bears many similarities to the requirements of the abandoned bailout program, the Memorandum. The terminology used is different though. European Commission sources, however, note that there should be further...

Student in Northern Greece Goes Missing After Bullying Incident

Greek authorities are conducting a wide search through the city of Ioannina and the surrounding regions in northern Greece looking for 20-year-old Dairy School student Vangelis Giakoumakis who went missing on February 6. Giorgos Tsoukalis, a private investigator who has...

Greek PM Tsipras Meets Mikis Theodorakis Following Plea to Say 'No' to Schaeuble's Nein'

In what is seen as a move of exceptional political symbolism, newly elected Greek Prime Minister Alexis Tsipras visited internationally acclaimed composer Mikis Theodorakis at his home earlier this morning. The two men held a discussion regarding the country's...

Finance Ministry Cleaners' Reinstatement Suspended

Some 400 public sector cleaning employees were suspended in September 2013, as part of the availability measures implemented by the government, and were dismissed nine months later. The Greek Supreme Court has postponed the hearing of the cleaning staff’s...

Greek Public Debt Management Agency Asks Security Funds to Buy Repos

The Public Debt Management Agency and the Labor Ministry have asked security funds to buy government repos in order to avoid potential liquidity problems. According to an Eleftheros Typos newspaper report, the PDMA and the Labor Ministry have asked 15...

IMF Chief: Greece will Stay in Euro Zone

International Monetary Fund President Christine Lagarde said that there is no discussion for Greece exiting the euro zone and that she is optimistic the country will come to a satisfying agreement with its creditors and its economy will be...

Former Financial Crime Squad Chief Allegedly Falsified 'Lagarde List'

Former head of Financial Crime Squad (SDOE) and public prosecutor Yiannis Diotis is accused by former finance minister Giorgos Papakonstantinou that he is responsible for adulterating the "Lagarde List". Giorgos Papakonstantinou served as finance minister during the George Papandreou administration...

Greek FinMin to CNN: Electorate Excited with New Deal

Greek Finance Minister Yanis Varoufakis said the electorate is excited with the new deal when he spoke to CNN a few hours before sending the final list of reforms by the Greek government to its European partners. Mr. Varoufakis spoke to...

Mikis Theodorakis to Greek PM Tsipras: Say 'No' to Schaeuble's 'Nein'

Internationally acclaimed composer Mikis Theodorakis stood on the side of the historic member of the Greek Left and SYRIZA MEP Manolis Glezos who yesterday publicly apologized to the Greek people for contributing to an "illusion," as he characterized the...

Greek Deputy Migration Minister: Citizenship Granting Bill for Second Generation Migrants to be Tabled First

Greece’s Deputy Migration Policy Minister Tasia Christodoulopoulou, in an interview with Athens-Macedonian News Agency, declared that her first bill to be tabled in the Greek Parliament will be the one regarding granting citizenship to second generation migrants. As she said, the bill is...

Greek Artist Envisions Crisis on Banknotes

Stefanos Andreadis is a Greek artist who feels strongly against the current situation in the European Union. Looking for a way to express his disappointment toward the institution, Andreadis thought outside the box. Since last February, the young Greek artist has been...

25% Increase in Online Purchases

Infobank Hellastat has reported a significant growth in recent years in the domestic online market, mainly due to lower prices compared to conventional stores, and Greek consumers’ gradual familiarization with technology. An ELTRUN survey cited in Infobank Hellastat’s study, shows that in...