Calamos Supports Greece

Democratic Left

Greek Electricity Co. Readies For Privatization

The restructuring and privatization of Public Power Corporation S.A., the biggest electric power company in Greece which is controlled to an extent by the government, will be implemented in three stages. The whole process will be completed by the...

Greece on Tenterhooks

In an extensive article published on June 23, 2013 and entitled Greece on Tenterhooks-The political and social situation is more fragile than bond markets might imply, Wall Street Journal comments on the latest news in the Greek political scene....

Troika Sees Greek Health Care Hole

Envoys from Greece's international lenders discussed with Finance Minister Yannis Stournaras on June 18 what they said were disturbing deficits in the funds of the health care provider EOPPY's insurance system, a shortfall of some 1 billion euros ($1.34...

Theodorakis to Repousi: Leave If You Don’t Love Greece!

During his interview on the occasion of the centenary of the union of Crete with Greece, Greece's best-known living composer, Mikis Theodorakis, strongly criticized Democratic Left’s deputy and historian, Maria Repousi for her statement that, "The Dance of Zalongo...

Greece Girds For Troika's Return

Greece is scrambling to ready its arguments to inspectors of international lenders who are due to return to Athens next week to check progress on long-delayed reforms before giving the go-ahead for a 2.8 billion euros ($3.5 billion) installment...

SYRIZA Leads Poll, So Does Samaras

In a continuation of polls showing the ambivalence of Greeks, the major opposition Coalition of the Radical Left (SYRIZA) is maintaining a slight lead over ruling New Democracy, but the Conservative leader, Prime Minister Antonis Samaras is a runaway...

Tsochatzopoulos Says Conviction Was Political

As he awaits trial on more serious charges of money-laundering and embezzling as much as one billion euros ($1.3 billion) from contracts he awarded, former Greek defense minister Akis Tsochatzopoulos said that his eight-year jail sentence for failing to...

Hold On … Samaras Readies Greek Shake

After his office issued a blanket denial that he would not reshuffle his Cabinet, Prime Minister Antonis Samaras, the New Democracy Conservative leader, is set to do so and will fire some of his own party members and replace...

Venizelos Says No Choice But Coalition

PASOK Socialist leader Evangelos Venizelos, presiding over a party that is evaporating in polls because of unrelenting support for austerity measures that are antithetical to its founding principles, said there is no alternative to the coalition government led...

Greece Fears Troika Wants Fast Firings

Inspectors from the Troika of Greece's international lenders will return to Athens next week as the uneasy coalition governments they will demand a picked-up pace of layoffs and firings to reduce the public workforce by 25,000 this year. Worried about...