Calamos Supports Greece

Greek News

Greek Foreign Minister Undertakes the Organization of Greek Diaspora Activities

It was announced on Wednesday, March 18 that the Greek Foreign Minister, Nikos Kotzias, would be in charge of supervising and coordinating any Greek government actions regarding Greeks abroad. The relevant document, signed by Foreign Minister Nikos Kotzias was passed...

Cyprus and French Oil Company 'Total' Sign New Agreement for Block 11

The Cypriot Energy, Commerce, Industry and Tourism Minister Giorgos Lakkotrypis and the General Manager of "Total" in Cyprus Jean-Luc Porcheron signed an agreement yesterday on further exploration works on the island's Exclusive Economic Zone (EEZ). According to the agreement,...

Greece in Need of 6.55 Billion Euros by June

Greece's need to serve its public debt are detailed in a document issued by the Public Debt Management Agency (PDMA), which was submitted earlier this week to the Greek Parliament. According to the document, the country's needs for March,...

Greek Bank Deposit Outflow Continues Amid Political Uncertainty

Greek banks saw 300 million euros withdrawn on Wednesday, the highest outflow in a single day since February 20 when the four-month bailout extension deal was signed, two Greek bankers told Reuters. The continuing tension between Athens and international lenders...

Young Migrants Revive the Greek Diaspora

The arrival of new migrants from Greece will give new life to Greek Diaspora organizations and networks through their integration into family and company networks and into the Australian society, said Intercultural Education professor Michalis Damanakis from the University...

Merkel: No Quick Solution for Greece, Europe Fails if Euro Fails

Greece has a long path to tread, because there is no quick solution to the debt problem, but everything can be achieved if there is unity in Europe, German Chancellor Angela Merkel said. Speaking to the German Parliament ahead of...

ECB Raises Greek Banks Maximum Emergency Funding by 400M

The European Central Bank (ECB) decided on Wednesday to increase the maximum Emergency Liquidity Assistance (ELA) that Greek banks can get from the Bank of Greece by 400 million euros, according to sources. This brings the total funding of Greek...

Greek Economy Minister: 'EU Forces Want to Cancel Eurogroup's Agreement'

The promotion of the regulation on the first residence foreclosures is not a unilateral action on Greece's part, Economy Minister George Stathakis reassured in an interview to private MEGA TV late Wednesday, adding that such a message does not...

Tsipras to Ask Top European Officials for Liquidity and Clarification of February Deal

Greek Prime Minister Alexis Tsipras will have a sidelines meeting with the leaders of Germany and France and top European Union officials today at the EU summit. Tsipras will ask for liquidity and clarification of the February 20th agreement. The...

IMF: Greece Most Unhelpful Client in History

International Monetary Fund representatives who work on the Greek bailout told their euro zone colleagues that Greece is the most unhelpful country in the 70-year history of the organization, according to a Bloomberg report. Officials from the IMF, the European...

Poll: 58% Believe Government is not Implementing Campaign Promises

The Greek government is not implementing its campaign promises, 58 percent of people polled nationwide by Interview company for Vergina TV, in northern Greece, but 39.8 percent would still vote for SYRIZA, the coalition's senior party. Of those asked, 73...

Obama Calls on Merkel to Find Realistic Solution on Greece

U.S. President Barack Obama called on German Chancellor Angela Merkel and requested finding a realistic solution on the Greek issue. The telephone conversation between the two leaders on Wednesday evening was about the European Summit on Thursday where European heads...

Sophocles Statue Placed in Astoria Park

The local Greek community in Astoria has planned a special event for the unveiling of the 7-foot Sophocles statue that was placed in Athens Square Park, New York. The unveiling ceremony will take place on March 28 as part...

U.S. Assistant Secretary Nuland: "We want to see prosperity and growth in Greece"

On March 17, Assistant Secretary of State for European and Eurasian Affairs Victoria Nuland visited Athens to meet with senior Greek government officials. Assistant Secretary Nuland noted that the United States wants to see Greece emerge from its economic crisis...

Greek-French Director Costa-Gavras: I Was Impressed by Avgeropoulos' Documentary 'Agora' [Video]

Internationally acclaimed Greek-French film director Costa-Gavras expressed his admiration for Yorgos Avgeropoulos' awarded documentary "Agora: From Democracy to the Market. In an interview with the Greek VIMAgazino, the director of academy who was awarded for "Z," when asked about...