Calamos Supports Greece

Greek News

FIFA-UEFA Threaten to Ban Greek Teams from International Football Over Sports Law

FIFA and UEFA have threatened the Greek Ministry of Sports that they may ban Greece's teams from all international tournaments unless there are several changes in the new sports law. The new sports legislation drafted by Deputy Sports Minister Stavros Kontonis gives more...

Schaeuble: 'Greek Debt Restructuring Not Up for Discussion'

Another Greek debt restructuring is not currently up for discussion, German Finance Minister Wolfgang Schaeuble said in an interview to Bloomberg TV. While some kind of restructuring might be on the agenda in 10 years, “today the issue for Greece is...

Greece's Government: 'Molon Labe'

An high-ranking official close to Greek Prime Minister Alexis Tsipras said the Greek government is not planing to give in to its creditors' pressures and go against the program they had promised to the Greek people who brought them...

A Greek’s Photo Journey in Burma to Redefine Love

60 days, 4 cities of Burma and 100 photo responses to the question "What is the meaning of Love." This is the exciting photographic project of Maro Verli, entitled "From Myanmar... with Love." On September 17, 2014, Verli wrote at her personal...

‘Nikos Kazantzakis and Latin America’ Conference in Argentina

“I want to see Latin America and I will not let death keep me from fulfilling this promise,” stated Greek author Nikos Kazantzakis in 1936, expressing a dream he was never able to fulfill. However, the influence of his work reached...

ABBA to Open Greek Restaurant in Sweden

ABBA‘s Björn Ulvaeus posted in a new website called Mamma Mia: The Party, explaining he was working on an exciting project, making fans across the world excited in the prospect of an ABBA tour after all these years. However, that...

Greek Culture Ministry: Will Continue to Claim 'Dorias' Stele with all Legal Means

  Greece will continue to claim the late classical "Dorias" stele that was sold during a Christie’s auction on Wednesday with all available legal means, Culture Ministry circles said following the news about the item. The sources said the fact that the...

IMF Does not Foresee Grexit

The International Monetary Fund's (IMF) basic scenario for Greece does not foresee a Grexit - a Greek exit from the Eurozone - Financial Counselor and Director of Monetary and Capital Markets Department of the IMF, Joss Vinals, said on...

Draghi Dismisses Talk of a Greek Default‏

European Central Bank (ECB) President Mario Draghi dismissed fears of a possible Greek default. Asked about a Greek default during a regular news conference in Frankfurt on Wednesday, Draghi said: "I don't even want to contemplate that. And based on the...

German FinMin Schaeuble: Tsipras' Govt Damaged Improving Greek Economy

German Finance Minister Wolfgang Schaeuble has accused the newly elected Greek leftist-led government for backsliding on reforms and destroying the economic progress achieved by its predecessors. Moreover, the Eurogroup hardliners leader highlighted that no one expects a resolution of the standoff...

S&P Downgrades Greece to Junk; Outlook 'Negative'

Standard & Poor's Ratings Services lowered its long- and short-term sovereign credit ratings on Greece to 'CCC+/C' from 'B-/B'. At the same time, Standard & Poor's removed these ratings from CreditWatch, where it had placed them with negative implications...

Greek Wine Production Down 16.24%

Wine production in Greece fell by 16.24% in the 2014-2015 period to 2,800,000 hectolitres, from 3,343,000 in the previous period, surpassing initial estimates for a 3.44% decline in production. A Wednesday report by the central cooperation union of wine products...

Slovak FinMin Kazimir Doubts a Greek Deal in April 24 Eurogroup

Slovak Finance Minister Peter Kazimir appeared skeptical on the possibility of Greece and its European partners reaching an agreement in the upcoming Eurogroup meeting. As he said, Greece is currently moving ever closer to the abyss and there are not...

Greek Interior Minister: They Want to Turn Greece into a Mass Transit Theater of Syrian Refugees

Greek Interior Minister Nikos Voutsis appeared highly critical of the northern European countries' migration policy, accusing them of turning Greece "into a theater of mass transit for hundreds of thousands of refugees from Syria." As the debate over Greece's moves...

German Chancellor Merkel: Cyprus Talks Must Be Conducted Away From Threats and Blackmail

German Chancellor Angela Merkel has highlighted that the Cyprus problem talks must resume away from any threats and blackmail, Cypriot government spokesperson Nicos Christodoulides said in a written statement issued on Tuesday, just four days ahead of President Nicos Anastasiades' visit to...