Calamos Supports Greece

Society

'How Little Germans Know About Nazi Atrocities in Greece'

"In Germany, very little is known of what happened in Greece during the Nazi occupation. We must work hard to restore historical memory because there are really dark sides in our history," German ambassador for the establishment of Greek-German Youth Foundation and representative...

Poll Shows 74% of Greeks Want to Remain in Euro Zone

A new poll shows that 75 percent of Greeks want to remain in the common currency bloc, while 50 percent would like to remain even if the government crosses the red lines it has set in negotiations. The poll, that...

Greek Dep Min: We'll Go to Elections if Creditors Insist on Austerity

Deputy Social Security Minister Dimitris Stratoulis stated that Greece will go to snap elections if lenders insist on austerity measures in order to sign a financial aid agreement. "The lenders want to impose hard measures. If they do not back...

Elderly Greek Woman Flies to Malta Instead of Athens Due to Airline Mistake

An 84-year-old Greek woman was accidentally flown from Manchester to Malta, instead of Athens, by easyJet, reported British newspaper Daily Mail. The Greek pensioner, Argyro Aretaki, was driven to Manchester airport by her son on May 18. She was taken to...

Greek Debt Crisis: Cabinet Members Offer Nice, Utopian Alternatives

Another crucial meeting between Greek officials and lenders over the Greek debt ended in a fiasco followed by vague statements such as "we are on the final stretch" or "we will meet again in the next few days." The impasse in...

EC President: Greece Can Get €35 Bln Until 2020 if Reforms are Implemented

European Commission President Jean-Claude Juncker said on Thursday that he is prepared to make new concessions on the deal proposal for Greece. Furthermore, he said that Greece can get 35 billion euros for its real economy if Athens is...

Ancient Greek Sites Desecrated By Football Fans' Graffiti

Unknown perpetrators spray-painted football slogans on the remains of the famous Athenian "Long Walls," inspired originally by Athenian politician and general Themistocles and built after Xerxes' invasion of Greece (480-479) in order to connect Athens to its ports at Piraeus and...

Austerity Themed Street Art in Athens

Through an extensive photographic article, entitled “Athens: A Canvas for Austerity-Themed Street Art,” the news agency Bloomberg presented several works of art found in the streets of the Greek capital that were inspired by the economic crisis. The article noted...

Labor Exploitation in the EU and Greece

Workers who travel within the EU, or migrate to the EU are at risk of becoming victims of severe labor exploitation according to a report published by the Fundamental Rights Agency (FRA). The report notes that while the EU...

SYRIZA Parliamentary Group Meets to Discuss Negotiations

SYRIZA lawmakers have asked for an emergency Parliamentary Group meeting to discuss the progress of negotiations and the proposed plan presented to creditors for an agreement. The initiative was taken by the so-called SYRIZA's left platform led by Productive Reconstruction,...

Eurogroup Chief to Join Talks Between Greek PM Tsipras and EC President

Eurogroup President Jeroen Dijsselbloem will participate in emergency talks between Greek Prime Minister Alexis Tsipras and European Commission President Jean-Claude Juncker on Wednesday evening in Brussels. Tsipras will present Juncker with a 47-page plan of proposed reforms, while Juncker will...

Greek PM Tsipras: I Will Only Discuss Greece's Proposal

Greek Prime Minister Alexis Tsipras made an optimistic statement shortly before his departure for Brussels where he will discuss Greece's proposal with creditors. Tsipras said: "I'm going to Brussels to discuss the Greek government's draft deal," noting that there is...

IMF Chief: Deal is Up to Greece Now

International Monetary Fund Managing Director Christine Lagarde told the board of directors of the fund that an agreement over the Greek debt is entirely up to Greece now. Lagarde briefed the IMF board on her discussions with top European officials...

Police End Hostage Situation in Greek Ship Traveling to Piraeus

The passengers on the Greek ship KRITI II witnessed a terrifying experience when a women was held hostage by a man in the ship’s café area. According to the passengers, the man suddenly started yelling and causing problems. Before anyone...

Greek Economy on Downward Slope in May, Despite Slight Improvement in Some Sectors

The Greek economy went again on a downward slope in May, according to a survey by the Foundation for Economic & industrial Research (IOBE). The economy index fell to 91.4 points, compared to 92.7 points in April. The new, negative...