Calamos Supports Greece

Antonis Samaras

Stournaras Says No More Austerity

Greek Finance Minister Yiannis Stournaras, engaged in tough talks with the country's international lenders, said after another round of negotiations on April 7 that he's confident that Greece will soon get a delayed 2.8 billion euros ($3.64 billion) installment...

NBG, Eurobank, Will Recapitalize Apart

As Greece and envoys from international lenders are still at odds over whether the National Bank of Greece and Eurobank should merge, as the government wants, the banks will be recapitalized separately, according to two bankers who were not...

Troika Agrees Replacing Problem Workers

Greece's international lenders have reportedly agreed to allow the government to hire 1,000 new public workers - if it fires 1,000 problem workers found to have violated their oaths or faced disciplinary action for a range of issues such...

Stournaras Tells Troika: "Take The Keys!"

Greek Prime Minister Antonis Samaras took over talks with international lenders on April 7 after his Finance Minister Yiannis Stournaras fired back at them over continued demands for austerity measures, including the firing of 25,000 workers and said if...

Samaras Wants Troika To Back Bank Merger

Prime Minister Antonis Samaras is planning to go head-to-head on April 7 with envoys from international lenders who are in Athens checking progress on reforms before releasing a 2.8 billion euros ($3.5 billion) overdue installment and will push them...

Samaras Gives In On Property Tax Change

With envoys from international lenders set to hit Athens on April 4, Greek Prime Minister Antonis Samaras has agreed to a compromise plan proposed by his coalition partners that would roll a 100 percent property tax surcharge into a...

Government Airplane Offered to Young Patient

Fifteen-year-old student Manolis Vogiatzis from Patras, suffers from cavernous angioma in a part of his brain, a disease that cannot be treated in Greek hospitals, according to the doctors at the General University Hospital in Patras. The Greek Ministry of...

New Democracy, SYRIZA Still Neck-and-Neck

Continuing a trend of recent polls that shows virtually no difference in support for the ruling New Democracy (ND) Conservatives and their major opposition Coalition of the Radical Left (SYRIZA,) the two parties remain essentially deadlocked. But Prime Minister Antonis...

Greek Police, Public Worker Corruption Soars

While Prime Minister Antonis Samaras, like his predecessors, has vowed to crack down on corruption, the problem is getting worse in the police department and among civil servants during the country's crushing economic crisis, a Greek Police special task...

Greece and Cyprus Leave Eurozone, Adopt Dralira

Saying they would no longer put up with being told what to do and to keep imposing pay cuts, tax hikes, slashed pensions and seizing bank accounts so that foreign bankers putting up bailout loans could be paid back,...