Calamos Supports Greece

wage cuts

British Wage Cuts on a Par With Greece

The Trades Union Congress (TUC) study has found that workers in Britain have suffered the biggest drop in real wages since the financial crisis - more than any other leading economy besides Greece. Real earnings of British employees declined...

FT Journalist Spiegel Caught Juncker Lying About Greece

Financial Times journalist Peter Spiegel hastened to comment on the press conference Jean-Claude Juncker gave Monday saying that it is not true what the European Commission President said about pension cuts in Greece. Through his personal Twitter account, Spiegel accuses Juncker of...

Judges Demand Their Wage Cuts Back Before The End Of 2014

Prime Minister Antonis Samaras received a letter yesterday from five judges' unions. In it, the justices have demanded their wage cuts – amounting to some 100 million euros – to be paid back before the end of 2014. The government's 2012 decision...