Calamos Supports Greece

Politics

International Press Focuses on 'New' Political Figures

The early exit polls, which became public minutes after the end of the voting process, show that the end of the bipartisanism in Greece has come. New Democracy party appears to be first, though it is not clear yet. To...

Greek Elections Cast Upsets, Uncertainty Over a New Coalition

ATHENS – As voter returns in the May 6 Greek elections showed a rejection of the traditional ruling parties of New Democracy Conservatives and PASOK Socialists support for austerity, they still nonetheless seemed to have gotten enough combined support...

Banks Want Technocrats to Run Greece, Not Politicians

ATHENS – As Greeks were set to vote on May 6 for a new government that could be another coalition administration, the country’s international lenders said if a stalemate results, that if a fragmented coalition government is elected without...

May 6: Greeks Vote In The Most Crucial Election Since The Return Of Democracy

Despite the fact that this election is an early one as the economic crisis forced out the previous elected government led by George Papandreou, it feels as if the last elections were ten years ago instead of two. This...

Schaeuble Sends Warning on Greek Elections

On the eve of the Greek elections, German Finance Minister Wolfgang Schaeuble sent a warning to Greece that it will have to "bear the consequences" if it fails to elect a government that does not respect commitments made by...

Greek Elections Campaign Reaches Home Stretch With Promises Flying

ATHENS – After a three-week campaign that was mostly conducted in closed-doors members-only rallies and away from a public furious over austerity measures, a mix of mainstream traditionalists, anti-capitalists, anti-bailout groups, Nazis, nationalists and even a porno star made...

Venizelos: Elections Will Judge If Greece Stays In Euro

Socialist leader Evangelos Venizelos told voters on Friday that Greece may have to abandon the euro if they fail to support him in Sunday's general election. His last appeal before the poll echoed a stark warning by German Finance Minister...

Fitch: Greek Euro Exit Increasingly Likely

Fitch Ratings said Thursday that although its main view remains that the eurozone will survive the region's sovereign debt crisis intact, the risk of alternative outcomes is rising, with a Greek eurozone exit the most likely of those alternative...

3 Scenarios for the Greek Elections and the Euro

Greece faces its first parliamentary elections since the debt crisis erupted and are critical for the whole eurozone. The mainstream, pro-bailout parties will be hit, but how bad? Here are three possible outcomes and their meaning for the euro. The previous...

Samaras Makes Last Pitch to Voters

The head of Greece's conservatives said Thursday his party aimed to win enough votes in Sunday's election to govern alone with a "strong mandate," despite opinion polls suggesting this will be a tall order. "I want to govern along with...

No Vote: Greeks Abroad Left Out in the Cold Again

ATHENS – It’s not easy voting in Greek elections, even if you live here. But it’s impossible for Greeks living abroad who have no rights to vote at all unless they travel back to their homeland, a cost-prohibitive journey...

New Parties Wage Internet Campaign to Prove A Point

ATHENS – While Greece’s mainstream politicians, afraid of being harangued and flush with $40 million in taxpayer cash for campaign expenditures, have mostly remained indoors preaching to party faithfuls ahead of the May 6 election, smaller parties and challengers...

Greek Economy Still Floundering, But Out Of Default

ATHENS – Greece may still be broke, but it’s not in technical default anymore. The ratings agency Standard & Poor’s raised the country’s credit grade to low-speculative on May 2, taking it out of default as expected, after Greece...

A Porn Star Wants To Save Greece

"Maybe I will vote for Julia," says Mr. Antonis, a 55-year-old plumber from Pireus. "I don’t know. At least she works, unlike the three hundred drone bees we’ve been feeding for thirty years. What’s the difference? It’s not like...

George Papandreou: 'Greece Was a Lab Rat, an Experiment'

George Papandreou stepped down as prime minister of Greece in November, and then in March as leader of PASOK, the Socialist party his father founded in 1974. Looking back at the unprecedented meddling of European powers in his country΄s...