Calamos Supports Greece

Society

IMF Might Withdraw from Greece's Bailout, Finds Debt Unsustainable

The International Monetary Fund finds the Greek debt unsustainable and called on Eurozone leaders to write off part of it. Greece owes almost 10 percent of its debt to the IMF and Germany has insisted that the fund remains in...

Greek Police Preparing for Attacks on State Buildings

Greek police are taking precautionary measures in order to prevent any anarchist or anti-authoritarian attacks to government or state buildings. The groups are disappointed with Greek Prime Minister Alexis Tsipras’ agreement with the European creditors which will result in...

Wednesday's Strikes Show Greeks Refuse Change

It is really sad to see the people of a country that was on the brink of bankruptcy three days ago to go on strike and take it to the streets to demonstrate against the deal that saved them...

Tsipras Prepared to Replace Dissident Cabinet Members

The decision for a government reshuffle is taken by Prime Minister Alexis Tsipras, who is prepared to replace cabinet members who will vote against the new bailout deal for Greece. According to sources close to the prime minister, Tsipras is...

SYRIZA Political Secretary Joins Dissidents and Opposes Greek Deal

Tasos Koronakis, Secretary of the Political Commitee of SYRIZA, joined the group of dissidents in the Greek government who oppose the new bailout deal Pime Minister Alexis Tsipras has signed. The meeting of the SYRIZA Political Secretariat that took place...

Greeks Never Lose Their Humor; Funeral Home Named 'Schaeuble'

Greeks are known for their humor and their ability to maintain it even in the most difficult situations. When that humor combines with business ideas, then the result is even more spectacular. For example, the owner of a funeral home...

Greek Public Sector Union ADEDY Calls For 24-Hour Strike Against New Bailout Deal

The Greek Public Sector Union (ADEDY) urged citizens working in the country's public sector to stage a 24-hour strike on Wednesday and express their opposition to the new 86-billion-euro bailout deal Greek Prime Minister Alexis Tsipras agreed on Monday morning with the country's...

Greek Parliament President May be a Thorn in Tsipras' Side

The stance of Greek Parliament President Zoe Konstantopoulou remains a mystery as Prime Minister Alexis Tsipras will bring the new agreement to be voted in parliament on Tuesday. Konstantopoulou voted "present" in the critical vote for the Greek bailout proposals...

Will Alexis Tsipras Be Greece's Prime Minister After Bailout Agreement?

The harsh reforms required in order for Greece to reach a new bailout agreement generated scenarios about the future of the Greek government and even the future of Alexis Tsipras in the prime minister's seat. What is certain is that...

Greek Prime Minister: We Fought a Hard Battle and We Won a Difficult Deal

Coming out of a long Eurozone summit, Greek Prime Minister Alexis Tsipras said that Greece won a hard deal but it is one that will secure the country's place in the Eurozone and will help the Greek economy recover. "We...

German Chancellor Merkel on Deal: Greece Must Legislate Reforms by Wednesday

Greece has to legislate in parliament the agreement text by Wednesday before it goes to other European parliaments for voting, said German Chancellor Angela Merkel coming out of a marathon summit of Eurozone leaders. "Greece must pass the agreement text...

This Is the Document on Greece the Eurogroup Presented to EU Summit

A list of reforms some of which must be legislated by Wednesday in the Greek Parliament was submitted to the European Union by Eurogroup President Jeroen Dijsselbloem. The Greek side has called the text a "monster" as it contains some harsh...

U.S. Astronaut Tweets 'Best Wishes' to Greece from Space

U.S. astronaut Scott Kelly sent his best wishes to Greece from the International Space Station, as the debt-ridden country struggles to get a new bailout agreement while on the brink of bankruptcy. Kelly posted on his personal twitter account a...

Eurogroup: No Official Announcement on Greece, Partial Draft Seen

As the meeting of the Eurozone finance ministers and the summit of the 28 European Union leaders are still in session, it was decided that there will not be a written announcement and that Eurogroup President Jeroen Dijsselbloem will...

European Leaders Enter Summit with Mixed Expectations Over Greece

European leaders entered the crucial summit that will decide the future of Greece in Europe with mixed expectations, while Greek Prime Minister Alexis Tsipras asked for an "honest compromise." German Chancellor Angela Merkel said she is not surprised that another...