Calamos Supports Greece

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Austerity Cuts for Civil Servants Are Legal, Says Greece's Top Court

The Council of State, Greece's highest court, ruled on Friday that the austerity cuts imposed on the country's civil servants during the years of the financial crisis were legal. The ruling became public on Monday afternoon. The decision is limited...

11,000 Public Sector Job Cuts Still Due 2014, 45,000 At Risk

With the Troika due to return to Greece immediately after the European elections, the Ministry of Administrative Reform in Athens is trying to catch up with the 11,000 public sector dismissals slated for 2014, lest bailout funds be withheld. Hundreds of contracts expire within months, but thousands more...

Growing Worry Over Depression in Greece

The World Association of Psychosocial Rehabilitation has focused on Greece and the effects of austerity after almost three years of deep budget cuts. The 11th Congress of the organization took place in Milan, Italy and was focused on psychological health...

Greek School Teachers To Strike When School Starts

ATHENS -Frustrated over falling wages and starting salaries for new teachers of as little as $184 a week - before taxes - Greek school teachers said they would strike the day after the new school year begins on Sept....