Calamos Supports Greece

Greek Crisis

Sweden's Finance Minister Advises Greece to Quit Euro

Sweden's finance minister Anders Borg on Friday advised Greece that it would be better if they pulled out of the euro. "If it had to leave the eurozone, it would probably find its competitiveness once again, and then Greece could...

Citi: Greek Eurozone Exit Less Likely

Citigroup changed on Friday its view that Greece will almost certainly leave the euro, saying key eurozone players seem to have decided a Greek exit would do more harm than good. The U.S. bank lowered its probability of a “Grexit”...

Greece's Labor Unions Call Oct. 18 Strike

Following a massive protest and general strike last month against more austerity measures being readied by Prime Minister Antonis Samaras' uneasy coalition government, Greece's two largest unions have called another strike for Oct. 18, the day of a European...

Schauble: 'No Alternative' to Slashing Debt

Germany's finance minister said Friday there is "no alternative" to cutting debt in European countries, the day after the IMF chief called for Greece to be given more time to pare its deficit. "There's no alternative to reduce in the...

Opposition Political Party SYRIZA is in the Lead:Poll

According to a new poll of Greek voters, opposition political party SYRIZA is in the lead. Bloomberg reports that 80 percent of those polled say the country is going in the wrong direction. 72 percent of those polled say they are...

More Germans Want Greece in Euro Zone:Poll

For the first time in more than a year, more Germans think Greece should stay in the euro zone than want it to leave, a poll showed on Thursday, two days after Chancellor Angela Merkel made a symbolic visit...

Coca Cola Hellenic to Switch Main Listing to London

Coca Cola Hellenic, the world΄s second-largest bottler of Coca-Cola Co. soft drinks and Greece΄s biggest firm by market value, said on Thursday it would switch its main bourse listing to London, where it hopes to tap more liquidity from...

Schaueble: No OSI For Greece, Waiting For Troika

German Finance Minister Wolfgang Schaeuble on Thursday rejected calls for any restructuring of Greek debt held by official creditors and said any question of giving the stricken country more time to meet its budget targets should wait on a...

New General Strike on October 18

Two leading Greek unions, Gsee and Abedy - representing respectively private sector and state employees - have called a 24-hour general strike next Thursday, October 18, to coincide with a European summit in Brussels, local media reported citing union...

FAGE Moves its Headquarters from Greece to Luxembourg

Dairy giant FAGE announced that is transferring its headquarters to Luxembourg from Greece. The move is considered a step for the company to  reduce its exposure to the Greek financial crisis. Luxembourg also offers a favorable tax environment and better access...