Calamos Supports Greece

Politics

Protesters Try to Block Troika's Return

Scores of protesters occupied Greece's finance ministry and other ministries to disrupt a visit by officials from the country's international lenders, who are expected to arrive in Athens midday to assess Greece's eligibility to receive its next tranche of...

Greek Prime Minister to Visit Ankara

"Georgios Papandreou plans to visit Turkey to upgrade bilateral ties in all fields", according to a statement of an official from Recep Tayyip Erdoğan’s office to the Hürriyet Daily News. Greek Prime Minister Georgios Papandreou, accompanied by a number of...

National Water Monitoring Network at Risk

The Government issued a decision this week concerning the creation of a national network that will monitor the quality and size of Greek water reserves. The government aims in this way to provide the country with a solution against...

Syriza Reacts to Government's Policy

SYRIZA group leader, Mr. Alexis Tsipras called yesterday PASOK’s policies “disastrous” for the Greek economy and the country as well. According to Mr. Tsipras, the government’s policies will inevitably lead the country to default and he accused Germany for trying...

Venizelos’ Tax Shift Causes Confusion Over Receipts

ATHENS – Finance Minister Evangelos Venizelos, who has levied a series of taxes and penalties on workers, pensioners and the poor, said taxpayers will have to pay a penalty in 2012 unless they can produce receipts for their expenditures....

Merkel Says Greek Bailout Terms May be Changed

German Chancellor Angela Merkel hinted that the second Greek bailout package might have to be renegotiated amid increasing market speculation Wednesday that European leaders want to force private holders of Greek bonds to take bigger losses. Merkel didn't rule out...

Receipts? Greek Tax Evaders Don’t Need No Stinkin’ Receipts!

As the noted American newspaperman journalist and writer Damon Runyon said: “All horse players die broke,” and to that you can add ethical people. Greeks who dutifully collected receipts in 2010 for everything because the Greek government said they...

As Greeks Rage, Merkel Says Germany Backs a “Strong Greece”

ATHENS – As Prime Minister George Papandreou’s PASOK Socialist Members of Parliament unanimously supported an emergency property tax as part of crushing new austerity measures ordered by international lenders in return for money to keep Greece from going bankrupt,...

Transport Strikes Grind Athens to a Halt

ATHENS - Growing rage – and fear – over the loss of jobs, pay cuts and tax hikes led transportation workers to continue their strike in Greece on Sept. 27, making downtown Athens a sea of stopped vehicles clogging...

Greek Parliament Passed Property Tax Amid Protests

Amid continuous fiery anti-austerity protests right outside the parliament, Greek lawmakers voted in favor of the new property tax, with 154 out of 300 votes[...]

Greece is on the Right Track, Merkel

Greece is on the ''right track'' with its ''privatisation'' plan and ''political and administrative reforms." This statement was made by German Chancellor Angela Merkel in Berlin. Merkel underlined that more solidarity is needed in the Euro Group. ''The situation is...

Venizelos: "If Europe Can not Save Greece, it Can not Save Itself"

Finance Minister announced new measures to ensure the country would receive the sixth aid instalment, including reduction of tax-free threshold for people under 30 and over 65 years old, implementation of uniform payroll in November and a plan to...

Papandreou: Greece Will Deliver On All Its Pledges

Prime Minister George Papandreou said he can "guarantee" that Greece will deliver on all the austerity pledges made for its first EUR110 billion rescue program, and reaffirmed that the country will reach[...]

Destination Nowhere: A Special Series on Greece's Immigration Problem

Few recent immigrants intend to stay in Greece but most are trapped in the country either due to a lack of money or because of the difficulty in reaching other European destinations.

Greek and Turkish PM Discuss Oil Researshes in Mediterranean

Turkish and Greek prime ministers debated on Monday Cyprus issue and oil exploration projects in the east of Mediterranean, as Anatolia news agency reports. Sources said Turkey's Prime Minister Tayyip Erdogan had a phone talk with his Greek counterpart...