Calamos Supports Greece

European Union

Greek Migration Min: EU Refugee Relocation Program Undermined by Racism

Greece's Migration Minister Yiannis Mouzalas said that the European Union program for refugee relocation is hindered by some countries that show signs of racism. Mouzalas told Reuters that the EU must not cater to countries that want to pick and...

UN: Greece Needs Help to Handle Refugee Crisis

The U.N. high commissioner for refugees, Antonio Guterres, welcomed the start of a European Union relocation program with the departure of a first group of asylum seekers Friday from Italy to Sweden. The high commissioner said he hopes to...

Greece's George Dassis to Lead EU's European Economic and Social Committee

The European Economic and Social Committee (EESC) on Thursday elected new president, Greece's trade unionist George Dassis. The EESC, which acts as a bridge between the European Union and civil society, elected with an overwhelming majority their new president, who...

Avramopoulos Present at First EU Refugee Relocation

European Commissioner for Migration, Home Affairs and Citizenship Dimtiris Avramopoulos oversaw the first relocation of refugees within the European Union on Friday. Avramopoulos greeted the 19 refugees from Eritrea who were departing from Lempedusa, Italy to Sweden. This relocation is the first of...

EU Court Dismisses Investors Loss Claim Due to Greek Debt Restructuring

A European Union court on Wednesday rejected claims by more than 200 Italian investors against the European Central Bank over Greek debt restructuring in 2012, saying their losses were part of normal financial market risk. According to a Reuters report,...

Schaeuble: 'Not Responsible for Greek Crisis'

German Finance Minister Wolfgang Schaeuble had a long conversation with French students as part of a university program, which did not conclude in his favor, notes the German daily Suddeutsche Zeitung. Schaeuble visited the elite Science Po University in Paris,...

EU Finance Ministers Approve Deal to Share Information on Tax Rulings

European Union finance ministers adopted unanimously a proposal requiring governments to share information on tax rulings, in an effort to stop corporate tax evasion by multinationals, during a meeting in Luxembourg. According to the political agreement achieved in today’s Ecofin,...

Greek PM and Austrian Chancellor Visit the Island of Lesvos

Austrian Chancellor Werner Faymann arrived at the Greek island of Lesvos on Tuesday to witness first hand the extent of the refugee crisis in Greece and how it is being managed. Faymann was greeted by Greek Prime Minister Alexis Tsipras upon his...

European Parliament Approves €35 Billion in Funding for Greece

  The European Parliament on Tuesday approved a set of one-off measures aimed at boosting the effective spending of 35 billion euros earmarked for Greece in the EU 2014-2020 budget. The funds include 20 billion euros from the European structural and...

IMF Allegedly Pushes EU to Reduce Greek Debt

The International Monetary Fund allegedly put pressure on the European Union to reduce the Greek state debt by 100 billion euros, according to German newspaper Rheinische Post. The newspaper cites anonymous government sources in Berlin saying the IMF intends to...