Calamos Supports Greece

austerity measures

New Wave of Strikes Paralyzes Athens

Private sector union GSEE called for an Athens-wide, 48-hour strike that will start Tuesday, January 17, and end Wednesday, January 18. The broader region of Attica will once again be paralyzed as public transportation employees will walk off their job...

Hospitals and Doctors Will Continue Their Strike

Doctors working in public hospitals, IKA, and private practices will continue their strike against health spending cuts as of next Monday, for another 5 days. IKA employed doctors will continue their protest against austerity measures from January 9th to 13th...

Cyprus Public Servants Strike for the First Time in 10 Years

Thousands of Cypriot public servants went on a three-hour strike on Tuesday to protest a proposed two-year salary freeze and on another strike on Thursday against the new austerity measures to be imposed. The strike affected hospitals, flights from and...

Foreign-Owned Banks Threaten to Leave Cyprus Over New Taxation

According to Famagusta Gazette, about 20 foreign-owned banks operating in Cyprus warned that they would quit their operations on the island if the government proceeded with a new taxation of their annual turnover. The new austerity package aiming to aid...

Al Jazeera Live from Chalkida on Greek Debt Crisis

Al Jazeera, the biggest broadcasting news station of the Arab world and its reporter Andrew Simmons have decided to visit the city of Chalkida to record opinions and reactions of simple citizens on the Greek financial crisis and the unpopular...

Veria's Robin Hood of Electricity

Where PPC cuts electricity, the “Veria Citizens-Social Solidarity” rushes to help the ones in need… They are called the Robin Hood of PPC. A team of about 20 unknown activists are reconnecting the electrical power in homes of the city...

Greek PM's Brother: "Current Policies Are not the Solution to the Problem"

The Prime Minister's brother, Nikos Papandreou, underlined that Greek austerity measures concerning the economic recovery of Greece can reach stalemate.  Nikos Papandreou also admitted that the adoption of austerity measures is not the greatest solution to the current economic...