Calamos Supports Greece

Politics

Greece ΄Considered΄ Leaving Single Currency

Greece has "seriously considered" leaving the euro, an adviser to the country΄s former Prime Minister has told Sky News. Richard Parker, who advised George Papandreou, the country΄s leader until late last year, said the government investigated the prospect of exiting...

Coalition Talks to Continue Tuesday

Greece's president is to convene a broader meeting with the heads of several political parties Tuesday in a final push to find agreement on forming a government, more than a week after elections gave no party a majority in...

Germany In Stark Warning On Greek Exit

German Finance Minister Wolfgang Schaeuble sent a strong warning towards Athens Monday, saying the price of a Greek euro exit would be very high for the country and the Euro zone itself. The comments come as Greek politicians struggle to...

Greek Radical Left Leader Rejects Coalition Talks

The leader of Greece's radical left SYRIZA party spurned an invitation from the president to coalition talks on Monday aimed at forming a government after an inconclusive election. "Alexis Tsipras will not attend the meeting tomorrow," party official Nikos Pappas...

Alexis Tsipras: Greece's New Political 'Iphigenia'

Until May 6, everything in the Greek political scene happened without SYRIZA. Now, if we get destroyed, if we get out of the euro, if we can’t form a government, if we can't cope with our debts, our loans,...

Greece's Hotels See Reservations Fall, Tourists Wary

ATHENS – With early projections for bookings showing as much as a 50 percent drop, Greek hoteliers are preparing themselves for as much as a 10 percent decline in business this year as the country struggles to right itself...

President, Party Leaders Fail To Bridge Gap In Coalition Talks

Greece's political party leaders failed to bridge differences in a last-ditch effort to form a coalition government Sunday, and new elections appeared inevitable even as talks to end the country's political impasse continued, renewing fears of an impending Greek...

Romano Prodi: 'France and Germany Knew About Greece's Tampered Data'

Former European Commission President and ex-Italian Prime Minister Romano Prodi has called for a growth policy in Europe, during a conference that took place in Florence on May 9, on the occasion of the 62nd EU Birthday. What was...

Deputy PM: Greece Will Run Out of Money in Six Weeks

Greek Deputy Prime Minister Theodoros Pangalos has warned that the country will run out of money within six weeks, unless it honors its bitterly-disputed EU bailout deal. Pangalos said he was "very much afraid of what is going to happen"...

Political Leaders End Meeting With President

A meeting convened by Greece's President Karolos Papoulias with three main party leaders to try to break the deadlock and broker a coalition government deal has ended. Papoulias met Sunday with the heads of conservative New Democracy, socialist PASOK and...

Lucas Papademos Sends SOS Message on Greece

Former Greek Prime Minister Lucas Papademos met with Greek President Karolos Papoulias to discuss the current political and financial situation in Greece. The bureaucratic former PM described the Greek economy as struggling. But Papademos expressed his anxiety about the negative...

Venizelos Fires His Advisors, Wants Overhaul of 'Rotten' PASOK

ATHENS – After leading his party to its worst-showing in elections since it was founded in 1974, new PASOK Socialist chief Evangelos Venizelos has put the onus on his political council, forcing their resignation after a scathing speech in...

Papoulias in Last-Ditch Coalition Effort

Greek President Karolos Papoulias has called the leaders of Greece’s political parties to meetings on Sunday, in a last-ditch effort to broker a deal for a coalition government. "The president will summon party leaders in a bid to form a...

Venizelos Has Handed Back the Mandate to President; New Elections Seen as Likely

Greek socialist leader Evangelos Venizelos has handed back the mandate to seek partners for a coalition government to the country’s president after three rounds of negotiations proved fruitless. Greek President Karolos Papoulias now takes over negotiations with party heads...

Latest Greek Poll Has Syriza In Lead

A new poll just released minutes ago reveals that a large number of Greek voters have turned to the radical left-wing Syriza Party in the wake of recent elections. The election has failed to produce a coalition so far,...