Calamos Supports Greece

Antonis Samaras

Tsipras Says More Austerity “Final Blow” for Greece

Greek Prime Minister Antonis Samaras is trying to persuade his reluctant coalition partners to go along with a $17.45 billion spending cut and tax hike plan, the major opposition party Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras...

To Many, Greek Recession Mirrors 1930's Depression

It might not look like it in tony neighborhoods and at fancy restaurants where Greek politicians and the rich elite dine and live, but for many, Greece is in a Depression - with a capital D - not a...

Coalition Party to Vote Against Labor Reform Law

The center-left Dimar party, the smallest in the government's three-party coalition, announced it will vote against the labor reform agreed to with the Troika of creditors; the European Union, the European Central Bank and the IMF. The reforms are...

Not So Fast: Troika Says No Deal Yet

Greece’s international lenders have rebuffed Finance Minister Yiannis Stournaras’ declaration  that Greece had concluded a deal with its international lenders on a $17.45 billion spending cut and tax hike plan needed to release a delayed $38.8 billion installment to...

Greek Reaches Deal With Troika, Two More Years

Less than a day after the partners in Greece’s coalition government objected to changes in labor rights as part of a pending $17.45 billion spending cut and tax hike plan pushed by Prime Minister Antonis Samaras, there has reportedly...

Germany Wants Greece to Cede Budget Control

As Greek Prime Minister Antonis Samaras tries to convince his reluctant coalition partners to go along with changes to labor rights – including the reported firing of 65,000 workers over the next three years – Germany has again raised...

Samaras Tries to Keep Coalition Intact

Greek Prime Minister Antonis Samaras’ uneasy coalition showed another crack on Oct. 23 when Democratic Left head Fotis Kouvelis said he would not go along with radical changes in labor rights included in a $17.45 billion spending cut and...

Samaras Pushes Hard for a Budget Deal

With his coalition government splintering, Greek Prime Minister Antonis Samaras will meet his coalition partners on Oct. 23 for talks on trying to finalize a $17.45 billion spending cut and tax hike package that has been stalled for months,...

Anti-Golden Dawn Cleric Gets Death Threats

A Greek Orthodox Church leader said he has been receiving threatening phone calls after speaking out against the neo-Nazi Golden Dawn party that is on a rampage against immigrants, gays, Leftists, Capitalists and those it considers blasphemers. The party rose...

Greek Premier Throws Deputy Out of Party

Greek Prime Minister Antonis Samaras says a deputy from his center-right party who has expressed opposition to new austerity measures is no longer part of the parliamentary group and asks that he be stripped of his party membership as...