Calamos Supports Greece

New Democracy

Samaras Relents, Farmers Offered Concessions

A meeting of the political leaders of Greece’s tripartite coalition government has reportedly agreed to relent to demands of protesting farmers to roll back Value Added Taxes on their products and equipment and give them cheap nighttime electricity as...

Stournaras Slams Papandreou, Karamanlis For Crisis

Greek Finance Minister Yiannis Stournaras, upbeat that Greece will begin to recover from its crushing economic crisis as soon as October, and said it could have been averted if former Prime Ministers George Papandreou and Costas Karamanlis had taken...

Political Feuds Snarl Lagarde List Probe

A Greek parliamentary committee probe into the handling of a list of Greeks with secret Swiss banks accounts by former finance minister George Papaconstantinou has stalled over infighting between rival political factions. Christos Markoyiannakis, a member of the ruling New...

Tax Evasion Wiping Out Real Estate Market

Unable or unwilling to collect $70 billion in unpaid bills of tax cheats, the Greek government’s turning to higher taxes for those who can’t evade them has pushed property taxes up 600 percent in less than three years. The Greek...

Prosecutor Probes New Democracy, PASOK Loans

While banks are pressing austerity-crushed Greeks to pay back their loans in full despite big pay cuts, tax hikes and slashed pensions, prosecutors are probing why the New Democracy and PASOK Socialist parties who are partners in a coalition...

Greek Farmers Clash With Police

Protesting Greek farmers tried to blockade the national road in Larissa, north of Athens on Jan. 31 but clashed with police. Farmers then turned onto fields and under bridges trying to reposition their vehicles on the road. The TV station...

SYRIZA Wants State Break With Church

A proposal by a Member of Parliament from the major opposition Coalition of the Radical Left (SYRIZA) party for separation from the government with the Greek Orthodox Church – and a tax on those who declare themselves to be...

New Democracy Keeps Lead Over SYRIZA

As Greece's major opposition Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras has been making a U.S. swing to pitch his cause, his party has slipped again in polls that show the New Democracy Conservatives of Prime Minister...

Anarchy at Home Blows Up Tsipras' U.S. Tour

That noise you heard when a bomb exploded at the Athens Mall was any chance that Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras ever had of becoming Greece’s leader, not that he had one anyway. With his party...

Visiting N.Y., Tsipras Calls For EU Debt Summit

Alexis Tsipras, the leader of the major opposition Coalition of the Radical Left (SYRIZA) party that is battling for the lead in polls with the New Democracy Conservatives of Prime Minister Antonis Samaras, told the New York Times that...