Calamos Supports Greece

Antonis Samaras

Samaras Seeks More Foreign Investments

In an attempt to change Greece’s business-unfriendly reputation and seek out foreign investments, Greece Prime Minister Antonis Samaras has planned several visits abroad, including to China, Russia, and the US. It won’t be easy to convince investors skeptical of Greece’s...

Cyprus "Bail-In"Could Wipe Out Investors

A pending bailout for Cyrus, whose banks were brought to the edge of default when their holdings in Greek bonds were devalued 74 percent by the Greek government last year, could impose big losses on uninsured depositors as well...

Samaras' Next Targets: Strikers, Workers

Having crushed workers strikes with riot police, Greek Prime Minister Antonis Samaras wants to make it tougher for workers to walk off the job and is setting his sights on reducing Greece’s hugely redundant civil servant sector. Under continued pressure...

Strike Law Change Splits Greek Coalition

Greece’s wobbly coalition is showing further signs of strain after the PASOK Socialists and tiny Democratic Left (DIMAR) objected to plans to make it more difficult for workers to strike. Prime Minister Antonis Samaras heads a government that is led...

Greek Farmers Reject Samaras Concessions

Protesting Greek farmers, who are demanding tax breaks and other benefits, have refused an offer from the Greek government after a long meeting on Feb. 10 in Nikaia, where representatives from 35 regions participated. They said they would not relent...

Simitis Says Greece Needs New Debt Cut

Despite a $134 billion debt write-down last year and new international loans pouring in, Greece’s economy is still in such bad shape that the country needs another debt reduction, former prime minister Costas Simitis said he believes. In an interview...

Democratic Left Loses Another Defector

The tiny Democratic Left, one of Prime Minister Antonis Samaras’ coalition government partners with his New Democracy Conservatives and the PASOK Socialists, has lost another Member of Parliament who quit because he said it has betrayed its principles. At a...

EU OK's 18.3M Euros for Greece

The European Union has allocated 18.3 billion euros ($24.45 billion) from its common budget for Greece for the period 2014-2020, a big drop from the 25 billion euros ($33.4 billion) allotted from its previous disbursements. Greek Prime Minister Antonis Samaras,...

New Democracy, SYRIZA Tie, But Samaras Rules

While Prime Minister Antonis Samaras’ New Democracy Conservatives are locked in essentially a dead heat with the major opposition party Coalition of the Radical Left (SYRIZA) for voter support, he has a nearly 2-1 edge as the people’s choice...

Stournaras Says Greece On Way Back

Defying statistics that show Greece may be years away from an economic recovery, Finance Minister Yiannis Stournaras said he believes a recovery could begin by the end of the year. Stournaras, a technocrat who was appointed in the middle of...