Calamos Supports Greece

Greek debt

Free Public Transportation in Attica Region This Week

Greece's Alternate Minister of Infrastructure, Transport and Networks Christos Spritzis announced on Monday that the Greek government has decided to make public transportation in the Attica region free to all commuters for one more week. The Athens metro, buses, trolley buses, ISAP railway and...

French FinMin: The Debate on the Debt Is Not a Taboo

"A dialogue is already open," French Finance Minister Michel Sapin on Monday said in an interview with radio Europe1, adding that it now lies with the Greek Prime Minister Alexis Tsipras to make proposals. "The debate on the debt...

European Central Bank Official: 'Greek Debt to ECB Cannot be Restructured'

Greek debt held by the European Central Bank cannot be restructured as that would amount to the ECB financing a government, which is explicitly banned by European Union rules, ECB governing council member Christian Noyer said on Monday. According to...

Flights From UK to Greece Increased by 16% in a Week

Although Greece has dived into unparalleled uncertainty after its citizens overwhelmingly rejected the international creditors' proposed bailout package in a referendum on Sunday, British holidaymakers' interest has grown as the country has now become a cheaper option for their summer holidays. Several tourism firms took the initiative...

How Argentina and China Reacted to Greece's Referendum Results

China is confident that Greece's economy will turn around, after the outcome of Sunday's referendum. Deputy Chinese Foreign Minister Cheng Guoping said that he believes the Greek debt crisis would be "appropriately resolved." According to Reuters, Cheng Guoping said that with...

Greek-Australian Celebrities Worried About Greece

Several Greek-Australian celebrities have expressed their concern about the current situation in Greece. They are worried about their relatives back in the homeland and how they are suffering due to the tumbling Greek economy. Fashion designer Alex Perry (born...

What Would Happen in the Eurozone Without Greece?

People across the globe have started considering the possibility of a Greek exit from the Eurozone, but what would that mean for the European monetary union? The Wall Street Journal attempted to find the answer to this question in a...

Reuters: Europeans Attempted to Block IMF's Greek Debt Sustainability Report

Reuters reported that Eurozone country leaders attempted to block the IMF’s decision to publish a report regarding the Greek issue, where the Fund admitted that the Greek debt is unsustainable and requires relief. The report vindicated the leftist SYRIZA government,...

Greek PM Tsipras: IMF Report Was Never Presented to Us

With just two days left for one of Greece's most significant and contentious moments, Prime Minister Alexis Tsipras once again urged Greeks to vote "No" on Sunday's referendum and called on them to remain united throughout adversary. Tsipras gave a...

Greek Solidarity Rallies Across Europe Before July 5 Referendum

Solidarity rallies have been scheduled to take place over the last couple of days in cities across Europe, in order for people to show their support toward Greece in light of the July 5 referendum. On Sunday, Greeks are called...