Calamos Supports Greece

Politics

Australian Prime Minister’s Controversial Greek Immigrant Statements

Sophie Mirabella (Panopoulou), an expatriate Greek Liberal member of Australian Parliament, reacted sharply to a statement by the Australian Prime Minister. Julia Gillard referred to the immigration issue by pointing out Greek Orthodox followers and Muslims. Specifically, Mrs. Gillard...

G. Papandreou: Greek Islands Are Not For Sale

Greek PM George Papandreou stressed that Greece will not sell any of its islands to reduce the country’s debt, according to Reuters. "Anything like that is ruled out," Papandreou told German newspaper Bild, when asked about selling islands. "You΄ve simply got...

PM in Helsinki: Need Change, Not Just Protests Over Austerity Plan

Prime Minister George Papandreou said Wednesday he can understand the pain of the hundreds of thousands of people protesting in a nationwide general strike in Greece. "Sometimes I would like to be out there protesting myself because I am not...

Merkel: Greek debt can be discussed in wider package

German Chancellor Angela Merkel signaled that European Union leaders may be ready to renegotiate the terms of Greece’s bailout as part of a broader package to shore up confidence in the euro. In meetings with the German chancellor in Berlin,...

PM Ηeads for Τalks with Merkel in Germany

Greek Prime Minister George Papandreou will meet with German Chancellor Angela Merkel in Berlin on Tuesday to discuss the economic progress his country is making under the terms of a multi-billion-euro bailout. Papandreou is expected to urge Merkel to agree...

Strauss-Kahn: Greece Asked for IMF’s Aid Previously in December 2009

Prime Minister George Papandreou had contacted the International Monetary Fund (IMF) when he was less than two months on post and while he was declaring that Greece will not seek the help of the IMF, said the managing director...

Greek Socialists Hold Narrow Lead In Public Opinion Polls

Greece's ruling Socialists continue to hold a narrow lead over the center-right opposition, a poll showed Sunday, even as their popularity continues to slide amid discontent over ongoing austerity measures. According to the Sunday edition of the Eleftheros Typos newspaper,...

Parliament Approves Athens Public Transport Reform

The Greek parliament approved controversial plans to restructure the debt-ridden public transport sector in Athens which have sparked a series of strikes by workers since December. The ruling Pasok party used its 156-member majority, out of a total of 300...

Papandreou States: "Greece is not selling its land"

Prime Minister George Papandreou announced on Tuesday, that the government will take a legislative initiative in the next few days that will prohibit the sale or transfer of ownership of public land. Addressing a greeting to the first meeting of...

FM Droutsas & Cypriot President Christofias Conduct Positive Dialogue

The Foreign Minister of Greece Demetris Droutsas (photo) discussed with the President of the Republic of Cyprus Demetris Christofias, the coordinated action of the two sides, vis-a-vis developments in the Cyprus issue. Droutsas is on a two-day visit in Cyprus...

"50 billion from state property feasible"

Greece insisted Monday that a target of raising euro50 billion from by development of state assets by 2015 was realistic, but that the issue should not have been announced by the country's international debt inspectors. Petalotis insisted Monday that the...

7 Greek-Australians Running in NSW State Elections

So far seven Greek- Australian candidates will be running in the NSW state election next month. Candidates of Greek- Australian heritage representing the Australia Labor Party in the March 26th elections, include current sitting member for Wollondilly and Minister for...

Greek FM Criticizes EU's Asset Sale Comments

Greek Finance Minister, George Papaconstantinou, said Sunday that comments made to the weekend press by the European Commission mission chief, one of its backstopping lenders of last resort, were at the least off target and certainly inaccurate. The European Commission...

EU & IMF Seek to Repair Greek Rift Over Asset Sale

The EU and IMF on Sunday hastened to prevent a rift with Greece, after the debt-hit country slammed one of their auditors over controversial calls for a huge state asset sale to keep Athens' tortuous recovery on track. The two...