Calamos Supports Greece

Politics

Greece: Where the Poor Have Yachts and Helicopters

Even as the Greek Finance Ministry failed to meet yet another vow to release the names of individual[...]

Smaller Coalition Partner Backs Reforms

The leader of the Greek far-right nationalist party Laos said on Saturday he will support newly appointed Prime Minister Lucas Papademos until the government's work is completed. "It is implied that Laos will support Papdemos's government until it completes its...

No Power Cut-Offs for Property Tax Bill Non-Payments

After growing outrage at a so-called “emergency” property tax that was put into electric bills under the threat of having power turned off, wages garnished or properties seized for non-payment, the[...]

Former Cypriot Minister Sued by State for Unauthorized Decision

Former Cypriot Commerce and Industry Minister Giorgos Lillikas is being sued by the state for an unauthorized decision he allegedly made to aid cattle farmers. However, the cattle farmers never received any of the promised money and have, therefore, filed...

Citizens Hurl Eggs and Oranges at Adonis Georgiadis in Mytilene

Citizens in Mytilene welcomed the new Development, Competitiveness & Maritime Deputy Minister Adonis Georgiadis from far-right LAOS with eggs and oranges. Local police had to protect him twice and guarantee a safe passage. Firstly, an angry crowd had gathered outside a government building...

Papandreou: Europe Needs Investment To Avoid Recession

Europe must invest to avoid recession becoming the next stage of the sovereign debt crisis, former Greek Prime Minister George Papandreou said Friday. "We socialists know we must be fiscally responsible," Papandreou told the convention of the Party of European...

Troika to Return Early Next Month

The new private sector involvement (PSI+) plan will be the focus of next month's visit to Athens by representatives of the country's international creditors - the European Union, the European Central Bank and the International Monetary Fund, collectively known...

Elections Likely to Be Postponed

One of the three "inalienable" conditions imposed by the New Democracy leader, Antonis Samaras, to support a national salvation government in Greece, was the date of early elections, which he had helped to ensure would be scheduled for February...

Samaras Splits New Democracy Over EU Letter

A letter sent to European Union officials by New Democracy leader Antonis Samaras pledging his[...]

Vice President of Hellenic Parliament Meets with Ambassador of Ukraine to Greece

Vice President of the Hellenic Parliament and President of the Committee on European Affairs Mrs. Rodoula Zisi met with the Ambassador of Ukraine to Greece Mr. Volodymyr Shkurov. The two officials discussed matters concerning the strong friendship relations developed between...

Papademos Confident after Samaras Letter

The Greek Prime Minister, Lucas Papademos, has today praised the letter sent by the New Democracy leader, Antonis Samaras, to the President of the European Commission, José Barroso, the Eurogroup President, Jean-Claude Juncker, and the director general of the...

Greece Seeks Settlement With Siemens On Bribery Charges In Coming Days

Greece has authorized its finance and justice ministers to seek an out-of-court settlement with German conglomerate Siemens AG (SI) in the coming days over bribery allegations, a senior government official said Thursday. "Finance Minister Evangelos Venizelos and Justice Minister Miltiadis...

Samaras Gives EU a Letter, but Not a Contract

With pressure building on him to sign a bailout deal that would give Greece $175 billion more[...]

General Strike in Greece Set for Dec. 1

The new coalition government led by interim Prime Minister Lucas Papademos is not getting a reprieve from Greek workers, who will take to the streets on Dec. 1 to keep up their protest against austerity [...]

New Greek PM Completes First Series of European Visits

Greek PM Lucas Papademos met with Eurogroup head Jean-Claude Juncker in Luxembourg Tuesday and ECB President Mario Draghi right afterwards in Frankfurt, ending a series of meetings with European leaders since last week. On Monday November 14, Papademos met with...