Calamos Supports Greece

Greek bailout loan

Economy Minister: Greek Economy to Contract Less than 2.0 pct this Year

The Greek economy is expected to contract by less than 2.0 pct, maybe even 1.5 pct, Economy Minister George Stathakis said in a radio interview on Friday. Stathakis noted, however: “I dare not give the exact number, but we hinted...

Lawmakers OK Firing Scheme, Samaras Warns His

The Greek Parliament, as expected, approved an amendment critical to implementing  a so-called mobility scheme in which workers will be transferred or fired, but Prime Minister Antonis Samaras told two of his New Democracy Conservative deputies who bucked him...