Calamos Supports Greece

Vroutsis

Varoufakis Reacts to Criticism on the 1-Year Anniversary of the Greek Referendum

A year since the anniversary of the Greek Referendum on July 5, 2015, when Greeks rejected the terms of the bailout conditions that were subsequently imposed on the country anyway, American economist James Galbraith explained Plan B for Greece that had been drafted...

Vroutsis Insists No More Austerity

Despite an International Monetary Fund (IMF) report that there could be a hole as big as $14 billion in the Greek economy that needs filling, the coalition government led by Prime Minister Antonis Samaras has no plans to institute...

Crisis Pushes 40,000 Out of Nursery Schools

Greek government cuts across the board in most areas will mean some 40,000 pre-school children won't be able to go to nursery schools because of a lack of money for local municipalities. From now until August 2, families can submit...

Kalymnos, Island of the Fake Blind

The online edition of the German news magazine raises the old story of the fraudulent claims for blindness on the island of Kalymnos in Greece. “Suddenly, hundreds of supposedly blind can see again: Another blatant fraud case in the welfare...

Greece Will Hire 75,000 Young

Desperately trying to slow the slide of record unemployment - now at 27 percent and with some analysts predicting it could hit 30 percent - Greece is planning to hire 75,000 young people, but not until January, 2014, Labor...

Greece, Troika Talks Far Apart

Envoys from Greece's international lenders are squeezing the uneasy coalition government led by Prime Minister Antonis Samaras, the New Democracy Conservative leader to push the pace of reforms - including firing public workers, privatizing state entities and ending professional...

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...

Greece Probes 45,997 For Pension Fraud

After long delays and sputtering investigations, Greek authorities said they have compiled a list of 45,997 people suspected of pension fraud, including continuing to collect benefits for undeclared dead family members, some of whom would have been as old...

Troika Breaks Off Budget Talks With Greece

Greece’s negotiations with international lenders hit another snag on Oct. 16 when the envoy of the International Monetary Fund (IMF) broke off talks and said he had to brief the agency’s chief, Christine Lagarde on the lack of progress. The...

Troika Will Leave Before Budget Cut Deal Done

Greek Prime Minister Antonis Samaras’ failure to convince his reluctant coalition partners to accept all the harsh measures in a $14.6 billion spending cut plan demanded by international lenders means the government will not be able to present a...