Calamos Supports Greece

Politics

Yet Another Idea to Restore the Deteriorating Omonia Square

ATHENS – A hundred years ago, Omonia Square was filled with trees and benches and was a beckoning oasis in the middle of the city. Later, there was a fountain, before it was removed in 2000, disappearing just like...

From "Four Seasons" to Four Prisons: Tsochatzopoulos to spend Easter in Jail

Greek socialist MP and former minister Akis Tsochatzopoulos will spend Easter Sunday in jail. The former minister, who was arrested on Wednesday morning, will be led this coming Monday to Judge Gabriel Malis in order to apologize for the incriminating...

Samaras Says: Elect Me or Face Elections Again

ATHENS – Even as support for his front-running party is eroding, New Democracy Conservative leader Antonis Samaras said unless Greeks give him an outright win in May 6 elections so that he can control the Parliament, he will not...

Supreme Court Wants Bakoyianni Immunity Lifted for Probe

ATHENS – Greece’s Supreme Court said it will ask a new Parliament to be formed after May 6 elections to lift the immunity of Democratic Alliance leader Dora Bakoyanni so she can be investigated in connection with the alleged...

Greek Lawmakers Set Aside Help for Debtors

ATHENS – After approving $40 million in state funding for political parties and ratifying more austerity measures for cash-crunched Greeks, the Parliament set aside a bill that would help ease household debt saying there was not enough time to...

Greek Elections Set for May 6, Campaigning Under Way

ATHENS – With the posting of a bill on the Parliament wall, elections to choose a new leader for Greece have been set for May 6. Polls show the two parties that have long dominated the country - PASOK’s...

Former Socialist Minister Akis Tsochatzopoulos Arrested for Money Laundering

Former Socialist Greek minister Akis Tsochatzopoulos was arrested on Wednesday on money laundering charges by the judicial authorities. Tsochatzopulos was called in by officials from the finance ministry's anti-fraud squad. The authorities will consider the issue of temporary detention....

Papademos Calls For Elections May 6

Greek Prime Minister Lucas Papademos said Wednesday that the country will go to the polls May 6, as expected, in elections likely to create a fragmented government appointed with the task of implementing more painful austerity measures. During a cabinet...

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...

Country's Two Main Parties Barely Reach 30% says Opinion Poll

The days of the two-party system in Greece are numbered, according to a new opinion poll carried out by GPO for the television channel Mega. The poll shows that the two major parties to have governed the country since...

Samaras Warns Again Of Fresh Elections

Antonis Samaras, head of the center-right New Democracy party and most likely to win coming Greek elections, warned again he may force a second poll if he is unable to secure a majority in parliament. Speaking to privately-owned Mega television...

Greek Lawmakers OK $40 Million for Their Parties

ATHENS – As Greeks struggle under a barrage of pay cuts, tax hikes, slashed pensions and the coming firing of 150,000 state workers, lawmakers have approved nearly $40 million in government aid for their own political parties as taxpayers...

New Democracy, PASOK Still Sliding, Golden Dawn Rising

ATHENS – With less than a month before an expected election to choose a new leader, support is waning for the two major parties that have taken turns ruling Greece for more than 35 years, the New Democracy Conservatives...

Samaras Attacks Venizelos, Rejects Post-Election Coalition

ATHENS – With his party slipping in the polls as elections loom to find a new leader for Greece, New Democracy Conservative leader Antonis Samaras kicked off his campaign trying to explain why he did an about-face by agreeing...

Venizelos Says More Cuts May Be Needed

ATHENS – With elections approaching, the PASOK Socialist party’s new leader Evangelos Venizelos, who just stepped down for now as Finance Minister in a shaky hybrid government-ruling Greece, said despite two bailouts from international lenders, including a second for...