Calamos Supports Greece

Politics

Α. Synodinos Only Minutes Away from the Senate

Athanasios (Arthur) Synodinos is certainly entering the Australian Senate, according to all political reports. The Executive Committee of the New South Wales Liberal Party (NSW) whose President is Mr. Synodinos, endorsed his candidature to fill the Senate vacancy, following the...

Sarkozy, Merkel 'Convinced' Greece to Remain in Euro Area

Greece is an "integral" part of the eurozone, the leaders of Greece, France and Germany said in an emergency teleconference Wednesday night that aimed to calm markets and temper talk of an imminent default by Greece. German Chancellor Angela Merkel...

Greece Stops Paying Bills

Strapped for cash and facing the prospect of being unable to pay workers without the next installment of rescue loans from international lenders, Greece has frozen payments to its creditors, but will keep sending out checks for salaries and...

Tension Escalates Between Turkey and Israel Over Cyprus Block 12

Turkey has sent out three Navy frigates on patrol to the Eastern Mediterranean so as to secure the waters near Israel's 12-mile limit and protect “freedom of the seas”, said Turkish daily newspaper Sabah yesterday. The former allies, Turkey and...

Papandreou Meets Venizelos- Papadimos- Zanias

Greek PM George Papandreou hold a meeting with FinMin Evangelos Venizelos and adviser Lukas Papadimos in Prime Minister’s office in Parliament, according to sources. President of Council of Economic Advisors Giorgos Zanias also attends the meeting. Although the meeting was underway,...

Angela Merkel Seeks to Calm Greek 'Insolvency' Fears

German Chancellor Angela Merkel attempted to reassure nervous markets about the future of the eurozone as US President Barack Obama urged greater efforts to solve the EU debt crisis. Ms Merkel warned that a Greek collapse and its exit from...

Sharp ND Criticism Over Property Surcharge

Main opposition New Democracy (ND) on Monday lashed out at the government over an extraordinary surtax on building properties it announced over the weekend, but also at the president of the Public Power Corp. employees' federation GENOP Nikos Fotopoulos,...

Greek-Τurkish Friendship Award by EPLO

During its annual Conference at its premises in Sounio, Greece, the Board of Directors and the General Meeting of the European Public Law Organization (EPLO), chaired by Professor Giuliano Amato, former PM of Italy, decided yesterday to establish an annual...

Finance Minister Announces New Property Tax

Greek Finance Minister Evangelos Venizelos on Sunday announced new budget cuts totaling around 2 billion euros as demanded by the European Union and the IMF in exchange for a rescue package for the debt-ridden country. Finance Minister Evangelos Venizelos said...

Papandreou Pushes On With Austerity, Workers Face the Axe

THESSALONIKI – With Greece only weeks away from bankruptcy without a new instalment of international aid, and scores of thousands of demonstrators on the streets protesting pay cuts and tax hikes, Greek Prime Minister George Papandreou said he will...

Orkopoulos Cannot Pay Compensation!

According to the Sydney Morning Herald, Miltos Orkopoulos former MP Minister of New South Wales is now in jail sentenced for child sexual abuse and providing them with drugs. He is sentenced to pay a compensation of $438,000 to the...

Prime Minister "Under Siege" by Protesters Over Austerity Measures

Prime Minister George Papandreou was "under siege" by protesters over austerity measures when he started Friday a three-day visit at the northern Greece city of Thessaloniki for the 76th International Trade Fair. As the Greek prime minister held a meeting...

Greek Tourists Allowed to Work!

It is now official! Greek tourists are allowed to work in Australia if they wish so. Mutual rights have the Australians tourists coming to Greece. This regards a mutual state decision agreed by both nations which aspire to deal...

9 in 10 Greeks Critical of Government

Nine in 10 Greeks are dissatisfied with the way the socialist government of Greek Prime Minister George Papandreou has handled the country's economic crisis. In a poll, 91% of people said they were dissatisfied with the way the government...