Calamos Supports Greece

Alexis Tsipras

Greek Banks Rebound After Yesterday's Plunge

Major Greek banks rebounded today after yesterday's almost catastrophic sell-offs. Greek bank stocks rebounded as the new government made an effort to downplay the prospect of an imminent standoff with Greece's EU/IMF creditors. Ministers of Greece's new anti-bailout cabinet led by...

Germany Shocked by New Greek Government's First Moves

The first political moves and acts of the new Greek coalition government have shocked German officials, according to a Reuters report. On his first day as prime minister on Monday, Alexis Tsipras placed a wreath at the war memorial in...

S&P: Policy Uncertainty in Greece will Downgrade Credit Rating

The Standard & Poor's rating agency has put Greece on credit watch, citing the possibility that the policies of the country's new government might trigger a future credit rating downgrade. "The CreditWatch placement reflects our view that some of the economic and budgetary...

EU Parliament President Warns Greece About Stance Towards Russia

A few hours before arriving to Athens, President of the European Parliament Martin Schulz suggested to Greece not to deviate from the common European Union stance towards Russia regarding the crisis in Ukraine. "I noticed with dismay that Greece today...

President Obama Congratulates New Greek PM Alexis Tsipras

On Wednesday night U.S. President Barack Obama congratulated new Greek Prime Minister Alexis Tsipras on his victory over the phone. According to sources from the government headquarters in Athens, Greece, the U.S. President declared his support on European efforts to leave austerity policies...

Greek Govt VP Dragasakis: We Will Make Dialogue, Not Blackmail

"Since Sunday evening Greece is a country with its own proposals. We understand that the other countries also have their own suggestions, their own parliaments and we talk about dialogue, not mutual blackmailing," government Vice President Giannis Dragasakis underlined...

Who is New Greek Defense Minister and ANEL Leader Panos Kammenos?

When Alexis Tsipras had announced that SYRIZA may cooperate with the Independent Greeks (ANEL) after the elections, most analysts and voters were perplexed. How could the radical leftists collaborate with the patriotic, church-loving, anti-immigration party led by former New...

The First Tweet of New Greek PM Alexis Tsipras

After all the fuss regarding the Greek Prime Minister’s twitter account which had not been updated, the profile photo was finally changed and the new Greek Prime Minister Alexis Tsipras made his first tweet. In his first tweet Alexis Tsipras...

Varoufakis: 'Accidental Economist' Becomes Greece's Finance Minister [video]

He has called himself an "accidental economist" and has likened Greece's position in the euro zone as a "Hotel California" lyric, he has taught economics in Greece, Britain, Australia and the U.S., his controversial blogposts won him thousands of...

Greek PM Tsipras in First Cabinet Meeting: We are a Government of Social Salvation

We are a social salvation government, Prime Minister Alexis Tsipras said on Wednesday in his speech at the first cabinet meeting of his government. The Prime Minister underlined there is a four-year reform plan; he noted he would work for...