Calamos Supports Greece

Antonis Samaras

The 12 Events That Bent Greece In 2012

The world was supposed to end in 2012 – on Dec. 21 for you Mayan calendar believers and doomsday cultists – and for many Greeks it seemed like it did. Like the Flogging Molly song, it was the worst...

Tsipras Says He's Greece's Hope Now

After narrowly losing the elections earlier this year and settling for becoming the major opposition party, Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras said if Greece’s uneasy coalition government fails, that his is poised to take over. “We...

First Lagarde List Missing 600 Names

A new list of Greeks with deposits in a Swiss bank given prosecutors by French officials reportedly shows as many as 600 more names than a previous one which still hasn’t been checked for possible tax cheats, and after...

Two Greeks Arrested in Immigrant Attacks

With racist attacks in Greece rapidly rising, police said they arrested two men and charged them with assaulting three Bangladeshi migrants in separate incidents. Police said the two 22-year-olds were riding in a car in Athens' southern suburbs and accosted...

Greece Mulls Lower Restaurant Taxes

A near-doubling in taxes on restaurant sales has backfired, driving out customers, closing 4,000 establishments in a year, and producing lower revenues, leading the Greek government to consider a repeal of the measure. Tourism Minister Olga Kefaloyianni has suggested that...

Greece Eyes Repeal of Immigrant Citizenship

As Greece continues a sweep of illegal aliens, Prime Minister Antonis Samaras is proposing to eliminate a law that grants citizenship to immigrants, many of them minors who were born in Greece, attend Greek schools and speak Greek. With his...

No Ho Ho, Bleak Greek Christmas

With a pay cut 40 percent and the end of a temporary contract as a computer teacher, Fivos Karalis, 32, said he was carefully watching what he spent this Christmas, but said he was still luckier than many Greeks....

Troika Tells Greece: Get Tax Evaders

With Greeks facing another round of austerity measures, and furious that tax evaders costing the country $70 billion have continued to escape sacrifice, the country’s international lenders are again pressing the government to do something about it. A report by...

SYRIZA Rising, Tsipras Wants Bailout Breaker

Despite securing $69 billion in a first series of new rescue loans to keep the country’s economy from collapsing, Greek Prime Minister Antonis Samaras’ New Democracy Conservatives and his coalition partners are falling further behind the major opposition party...

More Greek Austerity Ruled Out – Maybe

Greek Prime Minister Antonis Samaras, who has assured Greeks that a $17.45 billion spending cut and tax hike plan that’s being implemented will be the last time they face austerity measures is getting backing from an economist who heads...