Calamos Supports Greece

crisis in Greece

Massive Spending in War Against Sparta Backfired in Ancient Athens

A historian looks at the plague that hit Ancient Athens and explains how a massive government spending plan backfired 2,500 years ago. 

Rise in Use of Firewood to Heat Homes Causing Deforestation

The deep economic crisis Greece faces as the recession enters its fourth year, as well as the new fuel taxes introduced by the government, have caused a sharp increase in the price of heating fuel. The arrival of winter, coupled...

Greece Close To Deal With Switzerland On Deposits

Greece is close to a deal with Swiss authorities aimed at taxing billions of euros worth of bank deposits thought to be held by Greek tax evaders outside the country. In a statement, Finance Minister Evangelos Venizelos said the deal...

EU Task Force Head To Visit Athens Tuesday, Wednesday

The head of the task force for Greece will visit Athens Tuesday and Wednesday, the European Commission said Monday. Horst Reichenbach will meet the country΄s Finance Minister Evangelos Venizelos, as well as an adviser to the prime minister, the commission...

Former EU Commissioner Says Greece's Crisis May be Remembered as Success Story

The Greek crisis may well be remembered in the future as the best success story of the euro, said Italy's former EU Commissioner and president of Bocconi University, Mario Monti, speaking at the launch event of EurActiv Italy. According to...

EU Draft Statement: 2nd Greek Rescue not Until Nov

Draft conclusions for a crucial summit of European leaders suggest that a second rescue package for Greece may not be agreed until the end of November. The draft statement prepared for Sunday's summit and obtained by The Associated Press says...