Calamos Supports Greece

Lucas Papademos

Samaras Opposes Postponing Elections

Sources within main opposition party New Democracy asserted on Thursday that ND leader Antonis Samaras will not support any change to the agreements concerning the transitional government's mission and role, including suggestions that the next elections be postponed, a...

Voridis vs. Venizelos: Arguments Erupt and Things Get Personal

ATHENS – The building tension in Greece’s shaky coalition government boiled over in a Cabinet meeting, when PASOK Socialist Finance Minister Evangelos Venizelos tangled with far Right-Wing LAOS Infrastructure Minister Makis Voridis over proposed changes in laws over the...

Pension Battle Cracks the Greek Coalition

ATHENS – Interim Prime Minister Lucas Papademos’ six-week old shaky coalition government is showing signs of splitting over a refusal by the conservative New Democracy partner to cut auxiliary pensions in another cost-cutting scheme to keep Greece from going...

Papademos to Nail Down Duration of Coalition

Greek Prime Minister Lucas Papademos will hold talks with all three parties in his coalition to nail down a time frame and possible end date for his government after internal divisions have created friction, reports said Wednesday. "There will be...

No Holiday for Greek Government: Make or Break Time

ATHENS – As the bad economic news keeps piling up for Greece - retail sales for this year were down 30 percent, and storeowners say people are window shopping but not buying much for Christmas - the shaky coalition...

Papademos Supported By Majority Of Greeks – Poll

Recently appointed Greek Prime Minister Lucas Papademos enjoys the support of the majority of Greeks with four in 10 saying he should remain at the helm of the country for the next few years, poll results published Sunday show. According...

Greece’s Investors Reluctant to Take a Bath

ATHENS – Only a day after Greek officials said they were optimistic about reaching an agreement with banks and investors to write down as much as 50 percent of the country’s debt, reports said many are balking at the...

Troika Tells Greece: Action, Not Talk

ATHENS – Official from the Troika of international lenders keeping Greece on economic life support with rescue loans will wrap up a 10-day visit here on Dec. 18 and said they want some firm proposals on demands to further...

Six in 10 Greeks Want Elections by February, MRB Poll Shows

Six in 10 Greeks say elections should be held by Feb. 19, a date tentatively set during government-formation talks last month, an opinion poll showed. Of the 2,000 people questioned Dec. 1-8 by MRB, 26.7 percent said elections should be...