Calamos Supports Greece

Greece

Cyprus Rejects Privatisations Required for Aid

Cyprus Parliament on Thursday failed to adopt a controversial privatization plan, potentially throwing into disarray an international bailout programme of the island and endangering the next tranche of a €10bn loan. As hundreds of protesters demonstrated outside parliament, the vote...

Greece's Civil Servants Call 24-Hour Strike Over Pay, Pensions

ADEDY, Greece’s largest public sector union will stage a 24-hour walkout on November 14 to demand wage and pension increases, hirings and tax cuts. “Now that we’ve become a normal country with a normal government which is no longer supervised...

Former French Leader Chides Greek PM in Tell-All Book

A new tell-all book by former French leader Francois Hollande has claimed Greece's 2015 referendum on accepting harsh bailout conditions was won without the country's leader knowing what to do with the mandate it gave him. In his 400-page book...

Varoufakis Suing ECB for Refusing to Help Greek Banks During Crisis

Former Greek finance minister Yanis Varoufakis, and a German parliamentarian, are suing the European Central Bank, so as to gain access to a document underpinning the ECB's decision to freeze vital funding to Greek banks in 2015. That move left...

ND is Ready and has a Plan for Changing Greece, Mitsotakis Says

Main opposition New Democracy leader Kyriakos Mitsotakis wrapped up ND's 11th conference on Sunday with the message that the party was ready to govern the country "and to lead Greece where it deserves to be." "We are ready, we know...

Greece Finalises Deal with Lenders to Sell Coal-Fired Plants

Greece has finalised a deal with its official creditors on the coal-fired plants the country will sell to comply with an EU court ruling, Greek Energy Minister George Stathakis said on Friday. The deal concerns two lignite units in Megalopolis...

Greek Investment Forum to be Held in China's Xi’an

The 1st Greek Investment Forum, to be held in the Chinese city of Xi’an - capital of the Shaanxi prefecture - on December 11, 2017, aims to attract Chinese capital for medium-sized investments in Greece. The business meetings to be...

Traffic Jams all Over the Capital Due to Athens Metro Strike

The Athens Metro came to a standstill on Thursday when workers in the Greek capital began a 24-hour strike to oppose the planned privatisation of the rail operator. The strike disrupted the daily commute for thousands of Athenians and caused...

BoG Governor Stournaras Stresses Need to Swiftly Conclude Programme Review

We have to persuade our partners to reduce primary surplus targets from 3.5 percent to 2 percent until 2021, Bank of Greece (BoG) governor Yannis Stournaras on Saturday said at the Delphi Economic Forum. He explained that this would allow...

Greece's TRAINOSE Sold for 45 Mln Euros to Italian Railway

The Greek rail operator TRAINOSE will be fully acquired by the Italian railway Ferrovie Dello Stato Italiane S.p.A for 45 million euros. The Hellenic Republic Asset Development Fund (HRADF) announced that Ferrovie's binding offer for a 100 percent stake in...

EU Commission's Costello: 'Good Chance' of Success for New Greek Programme

The new programme for Greece has a "good chance" of succeeding, the European Commission's head of mission for Greece Declan Costello said, on Tuesday. Costello made the statement while attending an event on the Greek programme at the Centre...

In Defence of Greece: 6 Myths Busted

As Greece's Syriza has been represented in the media as an irresponsible leftist government, it is important to unpack the seemingly common sense arguments against Syriza.

ND Leader Samaras Urges Government to Secure Deal for Greece

The leader of main opposition New Democracy (ND) Antonis Samaras said on Thursday an agreement has to be sealed to ensure Greece’s funding and economic recovery, following a meeting of the European People’s Party (EPP) in Riga, Latvia. "An agreement,...

A Very European Coup

By Costas Douzinas* This is why Syriza's negotiating strategy has to play to the European gallery and not just to the suits in the conference room. The aim is to persuade people to put pressure on their own governments or change...

Greek FinMin Varoufakis Criticizes the Rigidity of Eurozone's Institutions

Greek Finance Minister Yanis Varoufakis on Thursday said he is not satisfied with the eurozone’s institutions, during his speech at the annual conference of economists organized by the Institute for New Economic Thinking in cooperation with the Organization for...