Calamos Supports Greece

Panagiotis Lafazanis

With a Third Greek Bailout in Place, Questions About Snap Elections Arise

After the Eurogroup's blessing of a new Greek bailout deal, Greece’s short term financial problems appear to be temporarily resolved. With the first 26-billion-euro installment, the country will be able to pay its debts until mid October and the compromised Greek banks...

Snap Elections in Greece? Oh, Not Again!

It seems that bailout deals kill Greek governments. The new agreement just voted in Greek Parliament seems it has just killed "the first leftist government" in the country's history. Or shall we call it a Memorandum? OK then, the first...

Greek PM Tsipras Attacked by Opposition and His Own Party

Greek Prime Minister Alexis Tsipras received a lot of fire from the opposition and several of his own lawmakers on the harsh reforms required for Greece's bailout agreement, despite the fact that a total of 222 MPs voted in...

Greek Parliament Votes Bailout Deal After Tempestuous Marathon Session

The Greek Parliament voted on Friday morning the omnibus bill that could provide Greece with a three-year bailout program worth about 85 billion euros as 222 MPs voted in favor, 64 voted against and 11 voted "present." Greek MPs argued all night...

Greek Govt Comments On Lafazanis' New Anti-Bailout Movement

The Greek government defended the country's new rescue program on Thursday, commenting on the decision of SYRIZA Left Platform leader Panagiotis Lafazanis to announce the "social and political formation" of a "unitary movement" against the Memorandum. According to government sources, "Panagiotis Lafazanis' decision to announce the...

SYRIZA Hard Leftists to Start New Party in Greece

SYRIZA Left Platform leader Panagiotis Lafazanis has indirectly announced the creation of a new political party by calling Greek people to join a new anti-bailout movement. Lafazanis has issued a written statement just when parliamentary committees began to debate the bailout...

Left Platform Deputies Will Not Vote for a New Memorandum, Lafazanis Says

Former minister Panagiotis Lafazanis on Wednesday said that he will not vote for the memorandum and expressed the view that all SYRIZA deputies of the left platform will probably do the same. He added that if the memorandum is...

Tsipras Beats Party Dissidents Over Greece's Third Bailout

The SYRIZA Central Committee backed Greek Prime Minister Alexis Tsipras' proposal to complete the bailout agreement and then go to an emergency party congress in September. The majority of the 200-strong Committee decided after a 12-hour session that the bailout agreement...

SYRIZA Central Committee Session Turns into a Battlefield

Greece's ruling party looks likely to will split in two after Thursday's Central Committee emergency session saw the Left Platform accusing Prime Minister Alexis Tsipras of "shackling Greece with a bailout Memorandum." Earlier in the meeting, Tsipras asked for party unity in...

SYRIZA Left Platform Ready to Clash with Greek PM Tsipras

The opposing statements made on Greek radio by Prime Minister Alexis Tsipras and his "opponent," Left Platform leader Panagiotis Lafazanis, show that the Thursday meeting of SYRIZA's Central Committee might end into a showdown within the ruling party. After the...