Calamos Supports Greece

New Democracy

Greece Will Lose One Euro Lawmaker

In a restructuring of the European Parliament, Greece will lose one of its lawmakers, according to a decision taken by the Commission of Constitutional Affairs to follow the guidelines of Lisbon Treaty  signed in 2007. Changes are being made because...

Hollande Pushes Investment In Greece

French President François Hollande, visiting Athens during a media blackout and a day ahead of a general strike against austerity, gave his support to the harsh conditions he opposes in his own country and said he wanted more French...

Coalition Talks Jobs, But No Answers

The leaders of Greece’s coalition government met on Feb. 18 to discuss the country’s record 27 percent unemployment rate and how to protect the country’s most vulnerable sector who have been the most affected by austerity measures, but nobody...

SYRIZA Reclaims Lead Over New Democracy

While nearly a statistical dead-heat, the major opposition party Coalition of the Radical Left (SYRIZA) has taken a minimal lead of 0.9% over the New Democracy Conservatives of Prime Minister Antonis Samaras, in a poll published by the newspaper...

Papandreou Becomes A Mythbuster

Pilloried for his abbreviated two-year tenure that ended in November, 2011 when he resigned in the face of relentless protests, strikes and riots against austerity measures he imposed on the orders of international lenders, former prime minister and previous...

Kouvelis Tells Venizelos: No Merger

Saying it was a publicity stunt, Democratic Left leader Fotis Kouvelis rejected PASOK Socialist chief Evangelos Venizelos’ offer for the two parties to have a closer co-operation and consider merging. They are partners in Prime Minister Antonis Samaras’ government although...

Troika Wants Greek Workers Fired Now

Frustrated with three years of delays and foot-dragging, and as record unemployment has hit the private sector, Greece’s international lenders are making a new push to force the government to start laying off thousands of needless public workers. The Troika...

Greek Jobless Rate New Record 27%

Greece’s jobless rate hit a new record 27 percent in November, 2012 – some 61.7 percent for those under 25 – as statistics showed the economy shrank by 6 percent in the last quarter of the year, a double...

Samaras' Next Targets: Strikers, Workers

Having crushed workers strikes with riot police, Greek Prime Minister Antonis Samaras wants to make it tougher for workers to walk off the job and is setting his sights on reducing Greece’s hugely redundant civil servant sector. Under continued pressure...

Strike Law Change Splits Greek Coalition

Greece’s wobbly coalition is showing further signs of strain after the PASOK Socialists and tiny Democratic Left (DIMAR) objected to plans to make it more difficult for workers to strike. Prime Minister Antonis Samaras heads a government that is led...