Calamos Supports Greece

Antonis Samaras

Samaras to Visit Bavaria

Greek Prime Minister Antonis Samaras is set to visit the southern German state of Bavaria, the stronghold of the Christian Social Union of Bavaria party that has been strident in its criticism of Greece, German newspaper Sueddeutsche Zeitung reported...

Stournaras Pushes to Wrap Up Troika Deal

Greek Finance Minister Yiannis Stournaras said he hopes he can conclude negotiations with international lenders this week on a long-delayed $17.45 billion spending cut and tax hike plan that is needed to release a locked loan installment the country...

Good Riddance, Venizelos, We Knew You Too Well

It’s almost impossible to overstate how much of a bloated opinion PASOK Anti-Socialist leader Evangelos Venizelos has of himself, even as he is taking the party toward the dustbin of history. Three years ago, PASOK won the elections with...

As PASOK Fades, Venizelos Backs Austerity

With his party falling toward oblivion, PASOK Socialist leader is continuing to defend his support of austerity measures but, in an interview with Sunday’s Kathimerini, refused to say whether he would change his mind and allow some of his...

Greece to Press on With Austerity as Businesses Slam Troika Visits

Greece is to redouble its efforts to reach a deal with its creditors so that the loans it needs are handed over, the country's finance minister said in an interview published Saturday. "We have completed 90 percent of the road...

Samaras Says Cash Running Out, Aid Needed Now

Greece will run out of money in mid-November and needs to receive a delayed $38.8 billion installment from its bailout package as soon as possible, Greek Prime Minister Antonis Samaras said on Oct. 19. “On the 16th of November the...

Samaras Meets Merkel in Brussels

Still pressing his case for support, Greek Prime Minister Antonis Samaras met with German Chancellor Angela Merkel in Brussels on Oct. 19 on the sidelines of an European Union summit meeting which began the day before. She had come...

Poll Shows Golden Dawn Rising, PASOK Vanishing

The three parties in Greece’s uneasy coalition government are paying a high price for their unremitting support of more austerity measures, with polls showing the ruling New Democracy Conservatives have fallen behind the major opposition Coalition of the Radical...

Greek Labor Law Changes Deemed Unlawful

Greece’s pending $17.45 billion plan for spending cuts and tax hikes demanded by international lenders includes clauses that are unlawful because they violate workers’ rights, a committee of the Council of Europe has ruled in a non-binding judgment. The committee...

Samaras Asks EU For Full E31.5 Billion Tranche Payment ASAP

Greece’s Prime Minister Antonis Samaras told his EU counterparts here this evening that an overdue E31.5 billion loan tranche from his country’s bailout program should be paid in full – not in installments – and as soon as possible,...