Calamos Supports Greece

ADEDY

EU Says It’s Not Ready to Help Greece Yet

ATHENS - Despite new austerity measures rammed through the Parliament in the wake of riots that left parts of downtown Athens burning, European Union leaders said they aren’t convinced that Greece is serious about reform and won’t release a...

Unions Call 48-hour General Strike Against New Cuts

Greece's public and private sector umbrella unions, ADEDY and GSEE, Thursday called a 48-hour general strike to protest new austerity measures demanded by the country's international creditors in exchange for a fresh EUR130 billion bailout. In a statement, the two...

Leaders Face Crunch Talks as Unions Strike

Greek leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms immediately and a national strike against more austerity. Prime Minister Lucas Papademos...

Unions Plan 24-Hour Strike Against Austerity

Greece's two major labor unions plan a 24-hour strike on Tuesday against austerity measures and reforms demanded by international lenders in exchange for a new bailout package, union officials said on Sunday. "We are planning a one-day strike on Tuesday,"...

Another Greek Strike Draws Yawns, No Violence

ATHENS – After 18 months of protests, riots and strikes, another walk off the job by Greek workers on Dec. 1 shut down many services in the capital and elsewhere in the country, but there was no repeat of...

General Strike in Greece Set for Dec. 1

The new coalition government led by interim Prime Minister Lucas Papademos is not getting a reprieve from Greek workers, who will take to the streets on Dec. 1 to keep up their protest against austerity [...]

More Austerity Means More Strikes Too

ATHENS – Protests didn't work. Riots didn't work. Strikes didn't work either, but Greek workers say they’ll walk off their jobs again this week anyway, fed up with another round of austerity measures they said have crippled their present and destroyed their future. Although garbage collectors...