Calamos Supports Greece

Antonis Samaras

Greek Economy Shrinks Another 6%

Coming on the heels of news that the country’s unemployment rate hit a record 27 percent, the Greek government got more bad news: the economy shrank 6 percent in the fourth quarter of 2012, according to the Hellenic Hellenic...

Greece-Turkey Meeting in Ankara

Greek Foreign Minister Dimitris Avramopoulos arrived in Ankara on Friday for talks with his Turkish counterpart Ahmet Davutoglu, who visited Athens last October. The talks between the two men, as Kathimerini reports, are designed to prepare the ground for the...

Troika Wants Greek Workers Fired Now

Frustrated with three years of delays and foot-dragging, and as record unemployment has hit the private sector, Greece’s international lenders are making a new push to force the government to start laying off thousands of needless public workers. The Troika...

Lagarde List Untouched Until Venizelos Got It

Greek financial prosecutors said there is no evidence that a CD list of 2,062 Greeks with $1.95 billion in secret deposits in a Swiss bank was tampered with during the time it was in the possession of former finance...

Mazower Warns Greece On Golden Dawn

One of the premier writers of Greek history, Britain's Mark Mazower, told an audience at the American College of Greece that the government is seriously underestimating the threat of the neo-Nazi Golden party becoming a mainstream political force. Golden Dawn,...

Greek Jobless Rate New Record 27%

Greece’s jobless rate hit a new record 27 percent in November, 2012 – some 61.7 percent for those under 25 – as statistics showed the economy shrank by 6 percent in the last quarter of the year, a double...

SYRIZA Occupies Greek Finance Ministry Office

Angry over his statements that the Greek minimum wage is too high and should be further reduced despite a 22 percent previous cut, demonstrators took over the office of Finance Ministry General Secretary Giorgos Mergos on the morning of...

Greek Farmers Battle Cops During Protest

Protesting Greek farmers, who have placed tractors at key intersections on roads across the country and threatened to block them, clashed with police on the Athens-Lamia national highway in Anthili on Feb. 13, who used tear gas to break...

Greek Pipeline Deal With Italy, Albania

Greece has signed a pipeline deal for Transadriatic Pipeline (TAP) project with Italy and Albania to deliver Caspian natural gas to the European Union. The signing ceremony took place at the Ministry of Foreign Affairs in Athens in the...

Greek Tax Evasion Growing, Fines Ignored Too

While the Greek government has vowed – yet again – to crack down on tax cheats costing the country more than $70 billion, tax evasion is rising, especially among professionals who are keeping taxes they collect from customers and...