Calamos Supports Greece

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Most Germans Want Greece in the Euro Zone

The majority of German citizens would like to see Greece remain in the euro zone, an attitude that has changed over the last three years. A new poll conducted for German public television ARD shows that 51 percent of respondents...

German Chancellor Maintains Hard Stance on Greece's Bailout

German Chancellor Angela Merkel reiterated her government's hard stance on Greece's options to renegotiate its bailout program. Germany's leader said that Athens must either fulfill all requirements of the current bailout program, or ask for an extension beyond its expiry...

Former Greek PM: 'My Goal is to Ensure Greece's European Course'

"My goal is to ensure the country's European course, so I'm here. And of course the stalemate does not help," said New Democracy leader Antonis Samaras after the meeting of the European People's Party. Mr. Samaras was referring to Greece's...

Thessalonians Gather Medical Supplies for Greeks in Ukraine

The Carers Association of northern Greece (SFBE), based in Thessaloniki, will be collecting medical supplies to send to Ukraine. The Association is looking for mild medical supplies that will help cover the needs of Greeks in Mariupol who are suffering...

Greek Unemployment Drops, But Still High at 25.8 Percent

Unemployment in Greece dropped slightly, but remains high, reaching 25.8 percent in November. According to a report by the Hellenic Statistical Authority (ELSTAT) published on Thursday, figures show that the Greek economy is shyly emerging from a six-year recession. November's statistics...

Athens Exchange Up 5% Despite Lack of Eurogroup Agreement

The lack of agreement between Greece and its European partners in yesterday's Eurogroup did not affect the opening of the Athens Stock Exchange. The General Index was green from the beginning, with profits gradually multiplying. At 1:49 p.m., the index...

Greek PM and German Chancellor; Possible Informal Meeting

Greek Prime Minister Alexis Tsipras has no scheduled meeting with German Chancellor Angela Merkel at the European Union summit on Thursday. The two leaders may have an informal one, the Greek government spokesperson said. Speaking to Mega television on Thursday,...

FT: The Cost of a Third Greek Bailout Could be at Least €37.8 Billion

Greece will need a third bailout and the new government acknowledges that, despite what Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis say publicly. This is what Peter Spiegel claims in a Financial Times report. According to the report, euro...

The Star-crossed Lovers of Athens

Greek Deputy Minister of Social Welfare Theano Fotiou brought to light the story of a young couple that would have been the perfect love story for a movie. In a Facebook post, Fotiou wrote about the life and struggles of...

Eurogroup Backstage: The Official Statement that Never Was

The Greek government vetoed the joint statement of euro zone finance ministers after Wednesday's inconclusive talks on Greece's bailout in Brussels, according to a Financial Times report. According to officials involved in the talks, Greek Finance Minister Yanis Varoufakis had...

Thousands of Pro-Government Demonstrators Rally in Front of Greek Parliament

For yet another afternoon and despite the freezing cold and the light snow falling since yesterday, more that 10,000 Athenians gathered in front of the Greek Parliament at Syntagma Square in downtown Athens to express their support to the Greek...

Artist Makes Poster of Varoufakis, Merkel 'Showdown'

Following the appearance of photoshopped images of Greek Finance Minister Yanis Varoufakis in social media, it was only a matter of time before graphic artists would take a shot at presenting the rising tension between the new Greek government...

Six Million Greeks Abroad Will Support the Country

In a letter addressed to Greek Prime Minister Alexis Tsipras, Former President of the World Council of Hellenes Abroad (SAE) Stefanos Tamvakis noted that Greece should count on the 6 million Greeks abroad. Tamvakis, as the last SAE president for...

Greece Ready to Clash with Euro Zone Finance Ministers

"If you're not willing to even consider a clash, you're not negotiating," Greek Finance Minister Yanis Varoufakis told the Greek parliament on Tuesday. The statement was made after the House gave the new government a vote of confidence and ahead...

Thousands of Greeks to Rally for their Dignity

Demonstration rallies will be held in all major cities across Greece in support of Finance Minister Yanis Varoufakis in today's crucial emergency meeting of euro zone finance ministers in Brussels. The rallies will take place at 6 p.m. today under...