Calamos Supports Greece

Greek News

Europe Shows its Ugly Face to Tsipras and, Consequently, Greece

  Back in the good old days -- just a few weeks ago -- every time the Greek Prime Minister went to Brussels or to a European Union meeting, European Commission President Jean-Claude Juncker would hug him, kiss him, even...

Greek Doctors Suspended for Bribery and Extortion Back to Work

Doctors who had been suspended for bribery or extorting money from patients are back in the National Health System under the new law according to which all public sector employees who were suspended by the previous government, will be...

Russia to Extend Embargo on Western Food Imports, Including Greek Products

Moscow is to prolong its embargo on Western food imports in response to the extension of sanctions imposed on Russia by the European Union. The embargo includes Greek agricultural products. Russia's embargo on products from European Union countries, U.S.A., Australia...

ECB Assesses Greek banks' Liquidity Condition on a Daily Basis‏

A European Central Bank board teleconference meeting on Thursday reassessed liquidity conditions in Greek banks. Bank sources told ANA-MPA that the Bank of Greece "took as much ELA it requested." However, there is no official information over if and how much...

ND Leader Samaras: If Greek Gov't Loses MP Support on Deal, a Transitional Gov't Is Needed

If the Greek government majority does not support the potential agreement between Greece and its creditors whenever it comes to parliament, then a different government formation should be formed, main opposition leader Antonis Samaras told Crash magazine in an...

Greece's First Completely 'Green' Island

Tilos is a small Greek island that was known for its herbs and myrrh during ancient times, while today the island is famous for its fragrant honey, rocky beauty and a small plain that pops like a green firework. The island will become...

No White Smoke for Greece in Talks with Creditors, New Proposals to Table at Eurogroup

Greek Prime Minister Alexis Tsipras completed yet another fruitless meeting  with the chiefs of the troika of lenders under tremendous pressure to seal an agreement before facing other European Union leaders at a summit later on Thursday in Brussels. There...

Which Tourists Are Most Disappointed By Their Vacation in Greece?

Swedish tourists appear to complain more than any other after their visit to Greece, while most of them stated they were unhappy with Greek restaurants and hotels. The information was made public at an event to mark the 10th year...

Pharmaceutical Firms Artificially Manipulate Drug Availability, Greek Institute Claims

Big multinational pharmaceutical companies are engineering artificial drug shortages in Greece by arbitrarily adopting "ceilings" for drugs sold per pharmacy and demanding personal data on customers and patients, the Pharmaceutical Development Institute of Greece (FANIE) asserted on Wednesday. FANIE claimed...

Creditors Give Greece Ultimatum and Deadline, All Outcomes Possible

Greece is facing an ultimatum by creditors and Prime Minister Alexis Tsipras is racing with time as a Eurogroup session is scheduled at 2:00 pm and the two negotiating teams must have reached a staff level agreement by then. Wednesday...

Could Greece’s Debt and Bailout Plan Be Illegal?

By Belén Olmos Giupponi*, University of Stirling As Greece and its international creditors race to agree on a bailout deal, the issue of the legality of Greek debt has been raised. The Greek parliament’s Truth Commission on Public Debt has released...

Throwback Thursday: A Los Angeles Greek Film Festival Recap

By Vasilis Papoutsis The festival concluded its 5-day run with the screening of the Panos. H. Koutras' film ''Xenia'' and an entertaining Orpheus Award ceremony that was headlined by Greek entertainer Panos Mouzourakis almost a month ago. The Festival hosted 42 filmmakers...

What Do I Think of the New Greek Austerity Plan?

This week the Greek government sent its new proposals for austerity to Brussels. We asked a financial analyst and investment advisor to tell us his thoughts on the new Greek package that is now being discussed in Brussels as a basis...

Eurogroup: No Decision on Greece, Tsipras and Institutions to Meet Again

Another euro area summit failed to seal a deal for Greece. Finance Ministers are gathered in Brussels for the third time in a week, although they have no formal paper to discuss as Greece and creditors have reportedly rejected...

No Results After Tsipras' Meeting with Institutions – Greek Talks to Be Repeated on Thursday

Eurozone Finance Ministers arrived for a Eurogroup meeting on Greece but exited shortly after since talks between Greek Prime Minister Alexis Tsipras and the institutions ended without a conclusive result. Diplomatic sources said the talks will be repeated on Thursday. Tsipras made...