Calamos Supports Greece

austerity measures

Tsipras Gives Interview to CNN, Discusses Keeping Greece in the Eurozone

Alexis Tsipras, head of SYRIZA, said on Wednesday that the radical left coalition wanted to put an end to austerity, keep Greece in the Eurozone and strike new alliances to overcome the crisis, in an interview he gave to...

IMF Managing Director Christine Lagarde Suggests New Measures for Greece

"There is still much work to be done for Greece," announced managing director of the IMF Christine Lagarde. Lagarde answered many questions posed by journalists at a press conference. In regards to Greece, she repeated the well-known phrase of hers "application,...

Greek Tragedy Continues: New Austerity Measures After The Elections

The elections on May 6 are the first since the Greek crisis exploded, and come as the country desperately attempts to bring its finances under control. It appears unlikely any one party will win a majority, meaning a coalition...

BBC Reports “Greece Can’t Take Any More Cuts”

The statement of the Greek Minister of Citizen Protection was cited by the BBC online edition in the title of its main article on the Greek situation, which read “Greece can’t take any more cuts”. According to the Greek Minister,...

New Austerity Cuts Bring Fire and Looting to Athens

Fire, rage and looting were widespread all around downtown Athens on Sunday evening, while the Greek Parliament was voting on a new package of austerity measures that will further plague the people of the country with drastic cuts in...

General State Archives of Greece Under Cyber Attack

The new austerity legislation passed on Sunday has triggered rage, violent outbursts and looting in the city of Athens, but these were not the only attacks. The “Greek Hacking Scene” attacked the official website of the country’s General State Archives...

Demonstrations Throughout Greece Against More Austerity Measures

As the announcement was made of yet another “bailout” loan issued at the expense of a full-scale war against the people, reactions on the ground in Greece have been swift. A 48-hour General Strike has been called by mainstream...

Greek Bodies to Boycott German Products

In their meeting on the new austerity measures introduced by the Troika, the Greek bodies of lawyers, doctors and the Technical Chamber of Greece decided among others to boycott German products. In their announcement after the meeting, the three bodies...

Will Greece Have Pheidippides’ Fate?

For around three decades Greeks got to live the European dream, which combines high living standards with high standards of social welfare. But it seems that this dream is expensive and it’s helping to bankrupt governments, with Greece's government...

On February 1st All Greeks Turn Off Their Lights To Protest Electricity Taxes

A new plan for protest action has been circulating on the Internet, calling all Greeks to turn off the lights on February 1, from 20:00 to 20:30 during the main news programme. In this way, the people will declare their...