Calamos Supports Greece

Kouvelis

Nyuk, Nyuk, The Greeks Deserve What They Got

Born liar Evangelos Venizelos, the new non-leader of the PASOK Anti-Socialists, and Democratic Left leader “Uncle” Fotis Kouvelis, who is still learning the game of political prevarication, both recently swore, vow, pledged, promised, wrote in stone, dipped their fingers...

Samaras Readies to Visit Merkel, Hollande to Make Greece's Case

Greek Prime Minister Antonis Samaras, struggling to get a consensus in his shaky coalition government for another $14.16 billion in cuts and austerity measures he’d vowed to avoid, will take his case to German Chancellor Angela Merkel in Berlin...

Greece Set to Fire 40,000 Public Workers, Unions Vow Resistance

ATHENS – Under the gun from international lenders to make another $14.16 billion in cuts on top of crushing austerity measures that have hit workers, the elderly and the poor, Greece is set to put some 40,000 workers in...

Greek Coalition Quarrels Over Worker Layoffs

ATHENS – Greece’s already uneasy coalition government is fraying further as a dispute has developed between Conservative Prime Minister Antonis Samaras and his Leftist partners, who said they will not go along with a plan being considered to lay...

German Magazine Brands Tsipras EU Enemy Number 1

ATHENS - Greek Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras, whose party is the main opposition to a new Greek coalition government and has been a firebrand against austerity measures, is the most dangerous politician in Europe,...

Desperate Greece Set to Raise Retirement Age to 66

ATHENS – Looking to slash government spending everywhere it can to satisfy the demands of international lenders, the  coalition led by Prime Minister Antonis Samaras is mulling whether to force Greeks who were set to retire to work at...

Samaras Will Boot New Democracy MP for Tweeting Criticism

ATHENS – A former Deputy Labour Minister under the ruling New Democracy party who stepped down last month to protest Prime Minister Antonis Samaras’ decision not to try to renegotiate harsh terms of bailouts with international lenders as he...

Greece Finds the Answer – Arrest All Debtors (If They’re Poor)

ATHENS -  Not content with taxing the poor to protect the rich, Greece is putting the arm on the penniless, starting with the arrest of an unemployed Cretan father of seven, whose wife was also jobless. He owed the...

Greek Coalition Partners Disagree, But Back More Austerity

ATHENS –After a tense showdown that threatened to break up an already uneasy coalition government, Greek Prime Minister Antonis Samaras said on Aug. 1 that he had convinced his reluctant partners, PASOK Socialist leader Evangelos Venizelos and Democratic Left...

Cash Running Out, Samaras Meets Troika for Urgent Budget Talks

ATHENS – With signs that his coalition government is fraying, Greek Prime Minister Antonis Samaras met for urgent talks on July 31 with officials from international lenders who are pressing him to make more cost-saving measures. Samaras was unable...