Calamos Supports Greece

Politics

Greece's Participation in Operation against Libya Costs 1 Million Euros Daily

The military operation against Libya has hardly started, yet a Greek television channel reported that the country’s war participation will cost one million euros per day! This spending refers to the participation of one frigate, one radar aircraft, two...

Greek Military Bases Prepare for Massive Landing of Ally Aircrafts (video)

Greece has decided to allow NATO forces to use Greek bases in Souda and Aktio for military operations, if needed.  The nation will offer up to four F16s of the Greek Air Force to help it patrol the no-fly...

6 Belgian F-16 deployed in Greece – Dutch aircraft still to come against Libya

Six Belgian F-16 fighter jets are currently stationed at the Greek air base of Araxos, near the city of Patras. The fighter jets together with a frigate in the Mediterranean Sea have been deployed in the context of a...

Greece Welcomes UNSC Sanctions on Libya

NATO member Greece called for an immediate ceasefire in Libya on Friday, saying it wanted a peaceful solution to the conflict and smooth transition to democracy. Greek Foreign Minister Dimitris Droutsas said that Greece was, however, ready to cooperate with...

Protesters Attack Deputy PM Pangalos (video)

Dozens of protesters jeered outside a restaurant near Athens where Deputy Prime Minister Pangalos was having dinner with a small group of fellow Socialist lawmakers. When he tried to address the crowd, they threw yoghurt. The protesters also hurled a...

PM Briefs President on Eurogroup Summit Outcome

At a meeting with President of the Republic Karolos Papoulias on Monday, the Prime Minister briefed Papoulias on the outcome of the Eurogroup Summit and the decision to extend the repayment period for Greece's 110 billion euro EU/IMF bailout...

Cabinet to review summit decisions

Barely 24 hours after declaring victory in his battle to win better terms for bailout loans to debt-stricken Greece, prime minister George Papandreou called an urgent cabinet meeting on Sundayamid mounting anger over concessions agreed for the improved conditions.

Eurozone to Lower Greek Rescue Interest Rate

The leaders of the 17 states that use the euro have decided to lower the interest rate they charged Greece last year for an unprecedented bailout loan, European Union President Herman Van Rompuy said at a summit in Brussels...

Papandreou Meets with Samaras Ahead of Eurozone Summit

George Papandreou told the New Democracy leader that Greece will insist on a package solution, believing that there is no other solution, and on that basis will wage its battle at the March 11th Eurogroup and March 25 EU...

Turkish Foreign Minister Davutoglu in Athens for talks

Turkish Foreign Minister Ahmet Davutoglu met the Greek prime minister and foreign minister in Athens Tuesday as part of ongoing efforts to sweeten relations between the two regional rivals and uneasy NATO allies. Davutoglu's talks with his Greek counterpart Dimitris...

European Socialist Parties Meet in Athens

Europe's socialists on Saturday proposed a counter plan to a Franco-German competitiveness pact, that aims to strengthen the eurozone while ensuring economic recovery. "We have developed an alternative plan to the Sarkozy-Merkel plan, for creating eight million jobs in Europe...

A Greek will represent New Zealand to the EU

Career diplomat Vangelis Vitalis will be from August New Zealand's new Ambassador to the EU, who will also be accredited to Bulgaria, Luxemburg and Romania. Mr. Vitalis, New Zealand’s Deputy High Commissioner to Australia, has also worked at the...

Civil society movement targets ex-PM (video)

Hundreds of people staged a protest against actions that, according to them, led to the country's economic crisis, outside former Prime Minister Kostas Simitis' house. Newspaper Eleftherotypia said that members of the civil society movement "Door to door" went outside...

Greek Member of Australian Parliament Compares Prime Minister with “Gaddafi”

Greek Liberal Party member of Parliament (and Shadow Minister) Sophie Mirabella compared the Prime Minster of Australia Julia Gillard to general Kadafi. A lot of people strongly reacted to that statement, so even the Opposition leader Tony Abbott was...

Papandreou Claims Greece May Need New Aid Package

Greece had a one year time sentence to return to the markets, otherwise it would need a new aid package from the IMF/EU/ECB-Troika. This is the message Prime Minister George Papandreou has reportedly conveyed to German Chancellor Angela...