Calamos Supports Greece

Politics

Greece's Hopeful Cry: "The Tourists Are Coming!"

Hoping that there won't be a repeat of last year's incessant protests, strikes and riots against austerity measures which led to images around the world of ports, airports and public transportation being shut down, Greece is projecting a big...

The Tsochatzopoulos Gang Faces The Court

Former defense minister and a one-time stalwart of the PASOK Socialist  Akis Tsochatzopoulos, who is in detention and already sentenced to eight years for failing to declare his wealth, was back in court on March 8 along with 18...

ND Top Official Accused Of Backing Junta

Hot Doc monthly magazine, run by Costas Vaxevanis, the journalist who revealed the names of the 2,062 Greeks with $1.95 billion in secret Swiss bank accounts that haven't been checked for possible tax evasion for nearly three years, has...

Kouvelis Says Austerity Killing Greece

Fotis Kouvelis, leader of the tiny Democratic Left (DIMAR) that is a junior partner in Greece's uneasy coalition government, has told international lenders that the country can't stand any more of the pay cuts, tax hikes and slashed pensions...

Troika Wants Drugs Sold In Markets

Greece's international lenders are again pressing the government to liberalize the market for nonprescription drugs and let supermarket be allowed to start selling medicines and provide competition for pharmacies which enjoy a monopoly, including on selling baby formula which...

Strike Closes Greek Museums, Sites

Once again, and as Greece has picked up its campaign to lure tourists back after a disappointing last year, archaeological sites and museums were closed because of a workers' strike against more pay cuts, tax hikes and slashed pensions...

Avramopoulos Upbeat About Greece’s Economy

During Foreign Minister Dimitris Avramopoulos’ visit to Canada, the newspaper Ottawa Citizen published his interview regarding recovery plans for Greece's economy. He said that the current Greek crisis in 10 years from now, will be "a memory which will act...

Greek Crisis Cuts Bribe Demands Too

Greece's crushing economic crisis is so bad that even the corrupt are asking for smaller and fewer bribes. The percentage of Greek households asked to make payoffs fell for a fourth year as austerity limited Greeks’ ability to pay,...

Political Leaders Mark Karamanlis' Memory

Greek political leaders set aside their ideological differences to honor statesman and former Prime Minister Constantine Karamanlis at the fouindation bearing his name as the the 15th anniversary of his death on April 23, 1998 is approaching. They came...

Gold Mine Protesters Clash With Police Again

Just weeks after arsonists set fire to equipment at a gold mine project in northern Greece - which led the pro-development government to swiftly give approval for the work to proceed - protesters who say it will harm the...

More Than 1.3M Greeks Without Jobs

Greece's unemployment rate fell slightly to 26.4 percent in December, 2012, down only 0.6 percent from a record high the month before, but many analysts said there's no reason to feel optimistic yet. There were 1,321,236 people jobless, according...

Greek Students Protest Education Reforms

Nearly Some 2,000 Greek university and technical college students protested outside Parliament on March 6 after Education Minister Constantinos Aravanitopoulos submitted the government’s plan for an overhaul of the system that allows students to stay in college without graduating...

Greece Backs Turkey For 2020 Olympics

With the selection of a host city for the 2020 Olympic Games down to Madrid, Istanbul and Tokyo and the winner to be named on Sept. 13, Greece has thrown its support behind its neighbor Turkey. Enemies for 400 years...

Domestic Vacations For Greeks This Year

Devastated by big pay cuts, tax hikes and slashed pensions, 90 percent of Greeks will spend their holidays this year right in their own country, unable to afford to travel, according to a survey by Eurobarometer. This is far ahead...

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...