Calamos Supports Greece

ECB

Hello Class, My Name is Professor Papandreou Wagstaff Adams

Students at Harvard University's JFK School of Government pay around $40,000 a year or so to get the best education that money can buy and learn from the best and brightest teachers of public policy, public administration, and international...

Schaeuble Squeezes Stournaras to Stick to Austerity

As Greece prepares to lower the boom again on workers, pensioners and the poor to keep international aid coming, German Finance Minister Wolfgang Schaeuble has warned again that there can be no let-up in austerity measures and reforms. The hard-liner...

U.S. Companies Readying for Greek Eurozone Exit

While Greek Prime Minister Antonis Samaras’ uneasy coalition government is proceeding to make $14.16 in more cuts demanded by austerity measures to help keep the country from defaulting, American companies are reportedly already preparing for Greece’s exit from the...

ECB Eyes Greek Myth Symbol for Euro Note Security

As Greece continues to teeter on the brink of bankruptcy and is regarded as unreliable and untrustworthy for lying about its economy and breaking its promises to reform, the European Central Bank (ECB) is reaching into the country’s mythological...

Greek Cabinet Meets to Finalize Deep Budget Cuts

Greek Prime Minister Antonis Samaras’ Cabinet met on Aug. 31 to rubber stamp more than $14.7 billion in cuts demanded by international lenders in return for continued aid, with salaries and pensions again at the top of the list...

Greek Uniformed Officers Protest Cuts to "Special Salaries"

Uniformed officers in Athens have decided to start massive protests following the announced cuts to be imposed on so-called "Special Salaries," they receive, as well as academics, judges, diplomats and other categories of civil servants who have so far...

Samaras Cuts Deep, But Says No More

As previous governments have when they imposed austerity measures they said were the last but did it again, Greek Prime Minister Antonis Samaras said that while more deep pay cuts, tax hikes and slashed pensions are coming for Greeks,...

Facing Collapse, Greece's Postbank to be Privatized

Hellenic Postbank, a small state-controlled lender, is insolvent, Finance Minister Yiannis Stournaras said, and must be sold or transferred to private investors. It was a big lender to the government, which last year imposed 74 percent losses on investors,...

Samaras Fails to Sell Coalition Partners on Big Cuts

Prime Minister Antonis Samaras, the New Democracy Conservative leader, met on Aug. 29 with the partners in his uneasy coalition but was unable to convince them how to make $14.16 billion in cuts for 2013-2014 demanded by international lenders...

Merkel Tells Critics to Get Off Greece's Back

German Chancellor Angela Merkel, who has been insisting on harsh austerity measures for Greece in return for international bailout loans, has warned politicians in her ruling coalition to lay off criticism about Greece’s efforts to right its struggling economy. That...