Calamos Supports Greece

Rakintzis

Inspector Finds Greek Corruption Still Rampant

With Greece keeping its ignominious position as the most corrupt country in the European Union, the country's crushing economic crisis is making the problem worse, according to a report by the Public Administration Inspector General Leandros Rakintzis. His report, which...

Crooked Greek Workers In Firing Line

Greek Prime Minister Antonis Samaras' administration plans to speed disciplinary procedures against 4,000 civil servants being investigated for a range of misdemeanors and crimes and finish the work by early next year, with the likelihood many will be fired...

Corruption Costs Greece 10% of GDP

The Washington, D.C.-based prestigious think tank the Brookings Institution estimates that corruption is costing Greece some 20 billion euros ($26.7 billion) which, combined with lost revenues from the country’s notoriously tangled and inefficient bureaucracy, is crippling efforts to reform...

New Democracy, PASOK, Can't Pay Bank Loans

As Greece struggles through a crushing economic crisis with many people unable to pay debts because of big salary cuts and tax hikes,  the two parties that ruled Greece for four decades before this year’s elections produced a coalition...

The Number of Public Workers in Greece Declines, says Census

ATHENS – It doesn’t include untold thousands in state-run enterprises, but the second census of Greek workers in two years has found there are officially 705,976 people on the public payroll, down from 768,009 in 2010, even as Greece...