Calamos Supports Greece

Lucas Papademos

Greeks Say Lagarde List Scandal Taints Pols

While the Parliament and government have yet to investigate the handling by a number of politicians of a list of 2,062 Greeks with $1.95 billion in deposits in a Swiss bank that hasn't been checked for tax evasion, 61...

Another PASOK MP Quits The Party

PASOK Socialist leader Evangelos Venizelos, facing a challenge from rebels unhappy with his unrelenting support for austerity measures and handling of a list of Greeks with secret Swiss bank accounts when he was finance minister, has lost another member. Christos...

Gap Shows Up in Lagarde List USB Stick

The convoluted case of a list of 2,062 Greeks with $1.95 billion in secret accounts in a Swiss bank that hasn't been checked for possible tax evasion took another bizarre turn with a report that the names of three...

Papandreou, Papademos, Parliament Probe Targets

A move by the Independent Greeks party to include Former Premier George Papandreou and interim Prime Minister Lucas Papademos in an investigation of why a list of 2,065 Greeks with $1.95 billion in secret accounts in a Swiss bank...

Cut to the Bone: The Samaras Measures

Already buried by 2 ½ years of austerity measures imposed by the government on the demand of international lenders putting up $325 billion in bailouts for the country’s faltering economy, Greek workers, pensioners and the poor will face another...

Greek Cash Reserves To Last For At Least One More Month -Sources

Greece has enough cash reserves to meet the government's operating needs until at least early August and possibly longer, two government officials said Tuesday, despite earlier warnings Athens could run out of money as early as this month that...

Socialists Looking for New Political Identity

Greece's Socialist party Pasok is facing a major political crisis after being defeated in the national elections. Following a major victory at the polls in 2009, the party was forced to take some very conservative political decisions in order...

A PR Campaign for Greece That Didn't Fly

ATHENS – If a country ever needed a public relations makeover, it’s Greece, but with the government unwilling to pay for it during a crushing economic crisis and a notoriously visitor-unfriendly tourism ministry, it has been Greeks from the...

Greek Banks Looking for More Government Money

ATHENS – Greece’s beleaguered banks, beset by nervous Greeks yanking out billions of dollars in the frantic period ahead of the critical June 17 elections and holding on thanks to an emergency injection of $23.9 billion in a bailout,...

Samaras Sets the Tone with Troika Coming to Town

ATHENS – Moments after his Cabinet, stocked heavily with members from his own New Democracy party, was sworn in, Greece’s new Prime Minister Antonis Samaras put them to work on dealing with the country’s crushing economic crisis, in preparation...