Calamos Supports Greece

LAOS

Greek Election: Political Leaders Spin the Results

ATHENS – Even as the votes were still being counted in the May 6 general elections to replace a temporary, shaky coalition government, and with exit polls showing big gains for groups opposed to the austerity measures demanded by...

Golden Dawn, Smaller Parties Will Get Campaign Air Time

ATHENS – Greece’s curious campaign laws, which allow the ruling parties to dominate television coverage regardless of newsworthiness, have been amended by the country’s highest court, the Council of State, opening the airwaves to smaller political parties, including the...

New Democracy, PASOK Still Sliding, Golden Dawn Rising

ATHENS – With less than a month before an expected election to choose a new leader, support is waning for the two major parties that have taken turns ruling Greece for more than 35 years, the New Democracy Conservatives...

New Democracy, PASOK Duel over Helping Greeks Pay Loans

ATHENS – With international lenders ready to fork over another $172 billion in rescue loans, the pressure is off Greece’s hybrid government for now and the PASOK Socialists and their bitter rival New Democracy Conservatives sharing power for now...

Greeks Choice Comes Down to Samaras vs. Venizelos: Elitism vs. Arrogance

ATHENS - Before he became a disenchanted Democrat and reformed racist, and as he ran for President in 1968 on the American Independent Ticket, firebrand Alabama Governor George Wallace famously spat: “There’s not a dime’s worth of difference between...

Greek Elections Set for April 29 – Will Anything Change?

ATHENS – The brief reign of interim Prime Minister Lucas Papademos, the former European Central Bank (ECB) Vice-President who has been ruling since former premier George Papandreou resigned on Nov. 11, 2011, may end on April 29 if Greeks...

LAOS President Again Raises Nazi Reparations Issue in Greek Parliament

Popular Orthodox Rally (LA.O.S) president George Karatzaferis on Tuesday raised again the issue of the German war reparations claimed by Greece for atrocities committed by Nazi and occupation troops in WWII. In a current question to the prime minister tabled...

Despite New Bailout, Sacrifice, Greece Still on Edge of Default

ATHENS – While many political leaders in Greece expressed satisfaction with a new bailout from international lenders – this one for $170 billion needed to pay debts, workers and pensioners – dissension and doubt remained and the ratings agency...

LAOS Expelled MPs Move to ND Party

Popular Orthodox Rally (LAOS) expelled MPs Makis Voridis and Adonis Georgiadis announced on Friday their move to the New Democracy (ND) party, following a meeting with ND leader Antonis Samaras, adding that they were also "giving back" their parliamentary...

Greek Lawmakers Vote Austerity as Athens Burns

ATHENS – While anarchists warred on the streets with riot police and 40 fires lit up banks, cinemas, and businesses, the Greek Parliament approved more austerity measures designed to keep bringing in international aid to keep the debt-choked country...