Calamos Supports Greece

IMF

Papoulias Tells Troika to Stop "Merciless Lashing"

As talks between Greece’s coalition government and international lenders over a plan to cut $14.6 billion in spending remained stalled, and anger and unrest were growing, President Karolos Papoulias said the country has suffered enough and urged an end...

Troika Gets Tough on Greece: Start Firing People

Greek Prime Minister Antonis Samaras’ hopes to get a quick sign-off from international lenders on his uneasy coalition government’s plan to make $14.6 billion in spending cuts the next two years were dashed when they told him the projections...

Troika and Greece Can't Agree on Spending Cuts

Envoys from international lenders have said they doubt whether some $2.8 billion in projected savings as part of a $14.6 billion spending cut plan devised by the government led by Greek Prime Minister Antonis Samaras can be achieved, temporarily...

Samaras Says Greece Needs Cash – Fast

Greek Prime Minister Antonis Samaras, still trying to convince reluctant partners in his uneasy coalition government to renege on their campaign pledge and agree to $14.16 billion in spending cuts aimed primarily at workers, pensioners and the poor, said...

Tsipras Says Samaras Ducking Parliament's Questions

As Greek Prime Minister Antonis Samaras struggles to get his coalition partners to back $14.6 billion in new cuts, main opposition leader Alexis Tsipras of the Coalition of the Radical Left (SYRIZA) has accused the Premier of being afraid...

Greek Unemployment Soars to 24.4% As Unrest Grows

As Greek Prime Minister Antonis Samaras’ coalition government is set to unleash more pay cuts, tax hikes and slashed pensions on beleaguered Greeks, there was new evidence that the austerity measures have backfired with a report showing the country’s...

Schaeuble Says No Third Bailout for Greece

German Finance Minister Wolfgang Schaeuble, who has continually been warning Greece to impose more austerity measures and make more spending cuts, said there will be no third bailout for the cash-strapped country. Greece is surviving on a first series of...

Stuck in Crisis, Greece Just Can't Compete

Greek Prime Minister Antonis Samaras’ hopes of bringing in development to help Greece grow out of recession and a strangling financial crisis took a hit with a finding that the country’s competitiveness has fallen seven places, ranking 90th in...

Hello Class, My Name is Professor Papandreou Wagstaff Adams

Students at Harvard University's JFK School of Government pay around $40,000 a year or so to get the best education that money can buy and learn from the best and brightest teachers of public policy, public administration, and international...

Schaeuble Squeezes Stournaras to Stick to Austerity

As Greece prepares to lower the boom again on workers, pensioners and the poor to keep international aid coming, German Finance Minister Wolfgang Schaeuble has warned again that there can be no let-up in austerity measures and reforms. The hard-liner...