Calamos Supports Greece

ATE Bank

Double Robbery near Kozani Raises Terrorism Fear

At 10:00 a.m, Feb.1, a group of 10 hooded men barged into and robbed two bank branches in the small city of Velvedo near Kozani. According to local news reports, the robbers stole 200,000 euros from ATE Bank and...

Greece's Big Banks Need Bailout Too

Greece’s four biggest banks have reported they were so battered by losses imposed by a previous government on investors that they will need a 27.4 billion euros ($36.29 billion) injection as they try to stem more losses as the...

Former Greek ATEbank Head Spirited $10 Million to London

ATHENS - The admission by a former chief executive of the former state-run ATEbank that he transferred nearly $10 million of his personal savings to London has set off a political firestorm in Greece after the bank's assets were...