Calamos Supports Greece

greece news

French President: IMF Chief was in Favor of Grexit

International Monetary Fund Managing Director Christine Lagarde was in favor of Greece exiting the euro zone because its debt is unsustainable, wrote French President Francois Hollande in his new book entitled, 'A President Shouldn't Say That'. "Lagarde is in favor...

Six-Days-Long Swingers Party Begins on Monday on Crete

With the promise to romp wildly on the island where Zeus romped, SDC Travel that caters to swinging couples has organized a six-day swinging "marathon" on the island of Crete. So far 75 couples from around the world have booked...

Russian Woman Arrested at Athens Airport Carrying €2.3 Mln

Greek authorities on Friday arrested a Russian woman arriving at Athens International Airport from Moscow carrying with her about 2.3 million euros that were undeclared. The incident occurred at 11.45 am on Friday at Greek customs upon the arrival of...

SYRIZA Conference Continues with the "53" Asking for More Leftist Approach to Policies

The fraction of the "53" within SYRIZA claim that they will fight to pass amendments to political decisions that will have a more leftist approach. The second SYRIZA Conference entered the third day with cabinet members and MPs voicing their...

Greek Gov't Withdraws Amendment on TV Stations After Opposition Outcry

The Greek government was forced to withdraw a series of amendments on television licensing late on Friday. The amendments were tabled in parliament after an outcry from opposition parties and the press. According to an amendment State Minister Nikos Pappas attempted to...

EU Finance Commissioner: Greek Debt Relief in Hands of Euro Zone Member States

The solution of Greece's debt relief issue lies solely in the hands of the euro zone member states, said European Commissioner for Financial Affairs Pierre Moscovici. The commissioner's statement came as a response to a request tabled by 36 European...

Greeks Return to Mediterranean Diet as a Result of the Crisis

The Greeks have turned to the Mediterranean diet as a result of the economic crisis, a new survey shows. The number of people eating in restaurants and fast food chains has dropped significantly compared to 2011. Moreover, people have...

Scraping Up From Pension Solidarity Fund to Pay Off Needs of Self-Employed

The road is being paved to scrape up 370 million euros from the Pension Solidarity Fund (AKAGE) to pay off the needs of the Organization of the Self-Employed (OAEE), Law Fund (ETAA) and Joint Self-Employment Fund (TSAY). This is...

ALCO Poll Places ND Ahead, But 'Nobody' Is Winning Fight Against Corruption

A poll by ALCO for the Greek online newsit site from October 11-14 found that the 1,000 people who were questioned during this time were in favor of the main opposition conservative New Democracy party. The opposition was ahead...

Greece's Turn? Former Greek PM Papademos Says Debt Relief Is Just Part of Solution

Former Greek provisional prime minister and economist Lucas Papademos spoke at the conference of the Fletcher School, titled "Greece's Turn? Litmus Test for Europe." Papademos said that debt relief was necessary but not a solution for Greece's recovery on...