Calamos Supports Greece

Politics

Samaras Warns Again Of Fresh Elections

Antonis Samaras, head of the center-right New Democracy party and most likely to win coming Greek elections, warned again he may force a second poll if he is unable to secure a majority in parliament. Speaking to privately-owned Mega television...

Greek Lawmakers OK $40 Million for Their Parties

ATHENS – As Greeks struggle under a barrage of pay cuts, tax hikes, slashed pensions and the coming firing of 150,000 state workers, lawmakers have approved nearly $40 million in government aid for their own political parties as taxpayers...

New Democracy, PASOK Still Sliding, Golden Dawn Rising

ATHENS – With less than a month before an expected election to choose a new leader, support is waning for the two major parties that have taken turns ruling Greece for more than 35 years, the New Democracy Conservatives...

Samaras Attacks Venizelos, Rejects Post-Election Coalition

ATHENS – With his party slipping in the polls as elections loom to find a new leader for Greece, New Democracy Conservative leader Antonis Samaras kicked off his campaign trying to explain why he did an about-face by agreeing...

Venizelos Says More Cuts May Be Needed

ATHENS – With elections approaching, the PASOK Socialist party’s new leader Evangelos Venizelos, who just stepped down for now as Finance Minister in a shaky hybrid government-ruling Greece, said despite two bailouts from international lenders, including a second for...

Protesters Injure Policeman After Memorial Service for Retired Pharmacist Who Shot Self

Greek protesters marching in memory of a man who killed himself over financial woes that he blamed on the government attacked a policeman in Athens on Saturday, leaving him bloodied and stealing his bulletproof vest. The demonstrators marched after a...

Venizelos: Germany Has Gained 400 Million Euros From the Greek Crisis

So far, Germany has gained 400 million euros from the Greek crisis, Evangelos Venizelos said today in an interview for the weekly Der Spiegel. Up to now Venizelos said,  the German goverment  borrows money "for almost free" and then lends...

Papademos: Partition is no Option for Cyprus

The Greek Prime Minister Loukas Papademos has made it clear that partition is no option as far as a political settlement in Cyprus is concerned, reiterating that a solution must be in line with UN decisions and provide for...

IMF Chief, Germany, Getting Tough With Greece

Greece should not be complacent now that it’s getting a second bailout to prop up its failed economy, International Monetary Fund chief Christine Lagarde and German Finance Minister Wolfgang Schaeuble – a constant critic – have warned in a...

Another Journalist, Greek Photo Union Chief, Beaten by Police

ATHENS – A day after police allegedly beat two journalists covering protests over the suicide of a retired pharmacist in Syntagma Square, the President of the Greek Photojournalists Union, Marios Lolos, was reportedly beaten so badly by riot police...

Dimitris Christoulas' Political Suicide Won’t Change Anything in Greece

ATHENS – As crowds gathered under the tree in Syntagma Square where retired pharmacist Dimitris Christoulas, 77, killed himself because he said his pension had been cut by a heartless government to the point where he couldn’t buy medicine...

Loukas Papademos Starts Official Visit to Cyprus

Prime Minister Loukas Papademos arrived in Cyprus today for a two-day official visit, the first since the assumption of his duties. ''Our aim," Papademos said on his arrival to Cyprus, ''is to achieve a better coordination as regards the efforts...

Seafarers' Union and Minister for Development Reach No Agreement

Τhe meeting between the seafarers’ union, PNO, and the Minister for Development, Competitiveness and Shipping, Anna Diamantopoulou, proved fruitless once again today. No agreement was reached between the two, which means that passengers across Greece are left waiting for...

Prime Minister Papademos and President Papoulias Meet AHEPA Delegation

President of the Republic Karolos Papoulias received a delegation of the Hellenic American Educational and Progressive Association (AHEPA) noon yesterday at the Presidential Palace. "Presenting the same courage that we’ve shown in difficult situations, we are going to overcome that...

Greece Rules Out Need for Third Bailout

ATHENS – With $325 billion coming in two bailouts from international lenders, Greece will not need a third bailout despite its still sliding economy, interim Finance Minister Filippos Sachinidis said on April 4, nor need any more austerity measures...