Calamos Supports Greece

Antonis Samaras

Greece Freezes Layoffs For Summer

Τhe magazine Der Spiegel, describes the situation in Greece as a summer nightmare, "a play" being performed before millions of tourists. Angry protests, strikes, given the layoffs of thousands of public sector workers undermines the image of the "center...

Venizelos, Kouvelis Block Debtor Loan Relief

Another rift has developed in the Greek coalition government with PASOK Socialist leader Evangelos Venizelos and Democratic Left (DIMAR) chief Fotis Kouvelis trying to delay a bill that would let Greeks buried under pay cuts, tax hikes and slashed...

Troika Frets Over Greek Tax Collections

Inspectors from Greece's international lenders saw some procedural problems on their first day in Athens - after three years of pleading, urging, insisting and demanding - the government still has done little to revamp a tax collection system that...

Greece Plans National Hydrocarbon Company

Greek Prime Minister Antonis Samaras on June 5 Tuesday announced plans for setting up a "national hydrocarbon company" to prospect for natural gas and oil deposits in the Aegean and Ionian seas. Speaking at a meeting with officials at the...

Troika Back In Athens, Firings Seen Next

Inspectors from international lenders are due back in Athens on June 4 to check Greece’s books again in the ongoing progress of reviewing the pace of reforms, and the focus will reportedly be on the stalled issue of firing...

Patriarch Kirill Meets with Papoulias and Samaras

The President of Greece, Karolos Papoulias, presented the Patriarch of Moscow and all Rus', Kirill the Grand Cross of Merit, during the latter’s visit to the Presidential Mansion in central Athens, Greece. Kirill I of Moscow was accompanied by Archbishop...

Troika Says First Greek Bailout Botched

Envoys from international lenders are set to return to Athens on June 4 to conduct yet another review of Greece's books, at the same time that the International Monetary Fund admitted the country's first $152 billion bailout plan was...

Troika Mulls Reducing Greek Debt Load

Acknowledging that even two bailouts of $325 billion and imposing 74 percent losses on investors to write down debt still haven't done enough to right Greece's economy, the country's international lenders are considering finding other ways to reduce how...

Patriarch of Moscow Kirill Visits Athens

“We are always by your side, I think of Greek people every day,” said Kirill I of Moscow, who is paying an official visit to Greece. His visit is of significant religious and political importance. It is the first time...

Greek Politicians’ Fake Success Story

The German weekly news magazine Focus in its article, A Fake Success Story, strongly criticizes the supposedly success story of Greece’s Prime Minister, Antonis Samaras. “Looks can be deceiving: The calm that seem to generally prevail, the lack of mass...