Calamos Supports Greece

Greek Election

Merkel: Hope Greek Election Will Produce a Government that Keeps Promises to Europe

German Chancellor Angela Merkel says she hopes Greeks will elect a new government that stands by the country’s promises to international creditors in this weekend’s election. Greeks vote Sunday amid fears the country could be forced out of the euro...

Εx-PM Papandreou: Samaras and Tsipras, "Two Sides of Same Coin"

With two days until the elections in the country, Greece's former Prime Minister, George Papandreou, has made an appeal to the Greek people, saying that the country's current objective must be to implement widespread reforms. Writing on his personal website,...

“We Are Moving from Being a Western Country to a Third-World Country"

Extreme political uncertainty, rampant corruption, queues forming at soup kitchens, and aid from non-governmental organizations (NGOs)—all these are more commonly associated with countries still developing Western-style economies. “We are moving from being a Western country to a poor country,” George...

Syriza Wants Greece In Euro Zone Without Loan Agreement

Greece's leftist Syriza party wants to keep the country in the euro zone despite not agreeing to the austerity measures accompanying Athens' second EUR130 billion agreement, its president said Thursday, ahead of this weekend's elections. Speaking at Syriza's last major...

Athens Exchange Up 10 Percent

Greek stocks rallied on Thursday ahead of parliamentary elections over the weekend, recording the biggest percentage increase in the last 10 months since August 2011. The Athens General Index jumped 10.1% to 550.10 in an otherwise negative European stock market...

Australian Dollar Declines On Caution Ahead Of Greek Election

After showing choppy trading in the Asian session on Thursday, the Australian dollar dropped against other major currencies in early European deals as investors remained cautious ahead of the second round of Greek elections, which will take place this...

Peristera Batziaka: The Woman Behind the Greek Who Makes Europe Tremble

It has been only three weeks since Alexis Tsipras was thrust into the international political limelight after leading the Coalition of the Radical Left (SYRIZA) party to a shocking second place in Greece’s May 6 election.  Major media in...

Elections Threatened by Strike Action

As world markets wait the outcome of the second Greek elections, scheduled to take place on June 17, which could determine Greece's fate within the euro, strike action has been threatened which could disrupt the process. POE-OTA union which represents...

Moody's Lowers Greek Rating on Fears of Euro Exit

Moody's rating agency said it was lowering Greece's highest possible credit rating because there was an increased risk that the country would exit the euro zone. Moody's said it "has lowered its assessment of the highest rating that can be...

Last Greek Poll Shows New Democracy Ahead Of Syriza

New Democracy, Greece’s largest pro- bailout party, led the Syriza party, which is opposed to implementing the country’s international rescue program, according to a poll ahead of the June 17 elections. Of 1,200 people questioned by Metron Analysis for Athens...