Calamos Supports Greece

Alpha

Greek Businessman Dimitris Kontominas Dies at 83

Dimitris Kontominas, a Greek businessman that was involved in insurance, retail trade, cinema and was the owner of television channel Alpha has died at the age of 83, the broadcaster announced Thursday. Kontominas had been facing serious health problems in...

Alpha TV Chief Kontominas Charged With Tax Fraud and Money-Laundering

The head of Alpha TV Dimitris Kontominas, a businessman that has also been involved in insurance, retail trade and cinema, was charged on Thursday with criminal counts of tax evasion and legalizing income from illegal activity following an investigation...

State Council Finally Meets Amid Controversy, Throws Out TV Injunction Petitions

The Council of State plenum, Greece's Supreme Court, threw out three petitions for injunctions filed in connection with a television license tender procedure aimed at limiting nationwide TV licenses to four. The decision was reached in the council's third...

The Next Day of National Broadcasting in Greece Finds Many Unemployed, Indignant, Bitter

After the television license tender that finished early Friday morning with four winners, the next day in national broadcasting in Greece finds four established television stations at the stage where they have 90 days to stop broadcasting. Three emblematic TV...

TV Channels, Ad Agencies Write Joint Letter Against New State-Owned Ad Monopoly

The Greek government's plans for a new state-owned agency for selling television advertisements have been strongly opposed by broadcasters after it was unveiled, days after the new controversial auction to limit new private television licenses. A joint letter between...

Greek Gov't in Dispute with TV Channel Owners Over Licensing

State Minister Nikos Pappas is in dispute with television channel owners over the new licensing procedures the Greek government is trying to pass. The Greek government has taken away the authority of the independent National Radio and Television Council and...

Greek Banks Set to Unveil Big Losses for 2011

Greek banks will post deep losses for 2011 when they report results on Friday, with the spotlight on the scale of the capital hit they suffered from big bond writedowns and provisions for bad loans. Battered by a debt crisis...