Calamos Supports Greece

PASOK

Greek School Teachers To Strike When School Starts

ATHENS -Frustrated over falling wages and starting salaries for new teachers of as little as $184 a week - before taxes - Greek school teachers said they would strike the day after the new school year begins on Sept....

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...

Golden Dawn Goes After Immigrant Charged With Assaulting Teen Girl

PIRAEUS -Police said that a gang led by members of the neo-Nazi party Golden Dawn invaded a ship and tried to attack a 21-year-old Pakistani immigrant charged in the beating and sexual assault of a 15-year-old girl on this...

Layoffs Coming for Thousands of Greek Workers

ATHENS – Saying that “the numbers don’t add up,” for Greece to make 11.5 billion euros ($14.16 billion) in cuts ordered by international lenders to keep lifeline loans coming, Finance Minister Yiannis Stournaras said the new coalition government is...

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...

Tsochatzopoulos Ready to Tell All About Greek Corruption

ATHENS - Former Defense Minister Akis Tsochatzopoulos, being held on charges of money-laundering and theft from defense contracts, said he is ready to tell all about Greece’s culture of corruption and who else may be involved in robbing their...

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...

Bill Allowing Closure of Universities Approved

A bill allowing the Greek government to close down dozens of universities as a way of reducing public spending passed Wednesday night in Parliament, as daily Athens News reports. 163 MP's from New Democracy, Democratic Left and the majority of...