Calamos Supports Greece

Antonis Samaras

Political Feuds Snarl Lagarde List Probe

A Greek parliamentary committee probe into the handling of a list of Greeks with secret Swiss banks accounts by former finance minister George Papaconstantinou has stalled over infighting between rival political factions. Christos Markoyiannakis, a member of the ruling New...

Greece Jobless Rate Highest in EU

As Greek government officials insist that the worst of Greece’s economic crisis is coming to an end despite a sixth year of recession, the country’s unemployment rate soared to 26.8 percent in October, 2012, surpassing Spain, at 26.1 percent,...

Tax Evasion Wiping Out Real Estate Market

Unable or unwilling to collect $70 billion in unpaid bills of tax cheats, the Greek government’s turning to higher taxes for those who can’t evade them has pushed property taxes up 600 percent in less than three years. The Greek...

Prosecutor Probes New Democracy, PASOK Loans

While banks are pressing austerity-crushed Greeks to pay back their loans in full despite big pay cuts, tax hikes and slashed pensions, prosecutors are probing why the New Democracy and PASOK Socialist parties who are partners in a coalition...

Moody's Says Greek Default Still Possible

While Prime Minister Antonis Samaras said Greece has escaped the prospect of leaving the Eurozone, a default remains possible, according to Moody’s, with the international rating agency expecting the country’s economy to contract by 5 percent this year –...

Erdogan Critical of Greek-appointed Muftis

Turkish Premier Recep Tayyip Erdogan has criticized the appointment of senior religious authorities for the Muslim minority in Thrace by the Greek state, a day after meeting with his Greek counterpart, Antonis Samaras, in Qatar, when Erdogan said Turkey...

Qatar Plans 1 Bln Euros Greek Investments

Greek Prime Minister Antonis Samaras’ trip to Qatar has won a pledge from government officials to put up 1 billion euros ($1.34 billion) in investments in Greek companies, a small amount compared to the country’s crushing debt of $430...

Erdogan Offers To Build Mosque in Greece

With Greece’s Muslims fuming that the government hasn’t built them an official mosque as tension has been ramping up against immigrants, Turkish Prime Minister Recep Tayyip Erdogan has reportedly told his Greek counterpart Antonis Samaras that Turkey will bear...

Samaras in Qatar Looking for Investments

Coming on the heels of Qatari development officials pulling out of a bid to develop Athens’ former international airport site that has lain dormant for more than decade, Greek Prime Minister Antonis Samaras begins a trip to Qatar on...

Greece Plans Tax Evader Prisons

Greek Finance Minister Yiannis Stournaras, who said he wants mandatory jail terms for tax cheats who now face only fines and suspended sentences, is reportedly considering a plan to house them in new special jails for those convicted of...