Calamos Supports Greece

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Greece Girds for 2013: Recovery or Relapse?

With an exhausting 2012 behind him, and after ruling for half of it, Greek Prime Minister Antonis Samaras said he believes 2013 will be the year that Greece finally begins to recover from its crushing economic crisis - with...

Troika Loans Pour Into Poor Greece

It's been a long time coming, but Greece is expected to get all of a first series of 34.3 billion euros ($45.2 billion) loan installment from its international lenders by Dec. 19, a Greek official said on Dec. 18,...

Troika Wants Six-Day Work Week for Greeks

A confidential email to the Greek Ministries of  Finance and Labor from international lenders putting up $325 billion in two bailouts to keep the economy from failing states that Greek private sector workers should work six days a week...

Greece Will Bail Out Its Banks, But Not Its People

ATHENS – After imposing mandatory losses of up to 74 percent on its own banks, Greece is ready to give it all back through a plan to recapitalize them with $64.4 billion, a bailout paid for by the taxpayers....

Samaras Wants to Change Bailout Deal, Venizelos Promises Development

ATHENS – With their parties floundering in the polls as May 6 elections approach, New Democracy leader Antonis Samaras has again asked Greeks to give him a mandate to rule the country outright. His bitter rival, PASOK Socialist leader...

Papandreou Says Won't Step Down, No Coalition Planned

ATHENS - For the second time, Prime Minister George Papandreou said he won't resign, and that no coalition government is planned with his PASOK Socialist party's rivals to show unity in the face of an economic crisis that has...