Calamos Supports Greece

Politics

Two Greeks in Troika Talks With Cyprus

Two Greeks are going to be included in the delegation of the Troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) which is negotiating with Cyprus over the size and conditions the island needs to right its struggling...

ECB's Weidmann Urges Honest Troika Report on Greece

Europe's politicians seem to have already decided to continue funding Greece, European Central Bank policymaker Jens Weidmann was quoted as saying on Saturday. The ECB Governing Council member and Bundesbank chief said international lenders must still make an "unembellished and...

Greece Seeks Loans to Pay Loans

Greece is living on borrowed money – at high interest rates – until its international lenders release a $38.8 billion loan, and will have to borrow money on Nov. 13 to pay previous loans until the money is disbursed. Despite...

Faith in Politicians Slim: Poll

Greeks indicate their lack of faith in politicians and political parties is growing, a Skai-Kathimerini poll released Friday indicated. Greeks said Prime Minister Antonis Samaras, leader of the New Democracy Party, is preferred for that position over SYRIZA party leader...

Greek Mayors in Two Montreal Municipalities

Helen Fotopoulos, a member of the City of Montreal (Quebec) Executive Committee and Cote des Neiges City Councilor, will replace Gérald Tremblay who resigned after witnesses linked him to illegal party financing skimmed from city construction contracts as part...

El Erian Says More Greek Jobless Coming

"We should feel a mix of great sadness and heightened concern upon seeing the latest unemployment numbers out of Greece," El Erian, the CEO and Co-CIO of PIMCO, one of the world's largest global management investment firms and bond...

German Neo-Nazi Arrested in Murder of Greek

German prosecutors have charged a woman, with the murders of 10 people, a Greek among them. The woman is the third person believed to be in the National Socialist Underground, a neo-Nazi group who operated from 2000 to 2007. The...

N.Y. Times Says Greece Drank Hemlock

In a scorching editorial, the New York Times has declared that the new $17.45 billion spending cut and tax hike plan narrowly approved by the Greek Parliament was a bow to international lenders who demanded austerity the newspaper said...

Two Bulgarian Villages Want to Join Greece

The French daily Le Figaro reported on the Greek dream of two Bulgarian villages, Tsrantcha and Brashten, and its people to be annexed to Greece. The French newspaper noted that the people of the two small villages (with 600...

Greek Parliament Workers Will Face Cuts

Greek Parliament workers who were exempted from pay and benefit cuts in a $17.45 billion spending cut and tax hike bill after they threatened to walk off the job immediately during a debate on the measure and prevent a...

The Numbers Don't Add Up for Greece

Greek Prime Minister Antonis Samaras’ declaration that a $17.45 billion spending cut and tax hike plan narrowly approved by the Parliament would save Greece from bankruptcy and an exit from the Eurozone don’t match up other statistics that show...

FYROM Likes Avramopoulos Initiative

There’s no headway on the name dispute Greece has with the Former Yugoslav Republic of Macedonia (FYROM) but a proposal from Greek Foreign Minister Dimitris Avramopoulos to break long-standing deadlocks on related issues has gotten an initial nod in...

Palestinian Riyad al-Malki Visits Greece

Palestinian Authority Foreign Minister Riyad al-Malki, in a visit to Athens, thanked Greece and stressed that his people will not accept any less rights than those already earned by the people of the Arab spring. Greek Foreign Minister Dimitris Avramopoulos...

World Media's Take on Greek Austerity

This is the way the global media views the voting support for austerity that took place in the Parliament on Nov. 7.: The German magazine Der Spiegel in its online edition refers to the outcome as very important in...

PASOK Loses Another MP, Androulakis Quits

After ejecting six of his Members of Parliament for not supporting a $17.45 billion spending cut and tax hike plan, PASOK Socialist leader Evangelos Venizelos has lost another one after veteran deputy Mimis Androulakis quit the party, adding to...