Calamos Supports Greece

Democratic Left

Samaras Cuts Deep, But Says No More

As previous governments have when they imposed austerity measures they said were the last but did it again, Greek Prime Minister Antonis Samaras said that while more deep pay cuts, tax hikes and slashed pensions are coming for Greeks,...

Samaras Fails to Sell Coalition Partners on Big Cuts

Prime Minister Antonis Samaras, the New Democracy Conservative leader, met on Aug. 29 with the partners in his uneasy coalition but was unable to convince them how to make $14.16 billion in cuts for 2013-2014 demanded by international lenders...

Greece, Switzerland Near Deal on Tax Evasion Treaty

After long negotiations, Greece and Switzerland are reportedly set to sign an agreement that would give the ailing Greek government access to information about accounts held in Swiss banks by Greek citizens. The document was detailed in the the German...

Samaras Says He Saved Greece from Drachma

Greek Prime Minister Antonis Samaras said that his trip to present German Chancellor Angela Merkel and French President Francois Hollande with details of plans to make another $14.16 billion in cuts could keep Greece in the Eurozone and prevent...

Samaras Says Greece Needs Air: Merkel Keeps Him On Ice

German Chancellor Angela Merkel told visiting Greek Prime Minister Antonis Samaras that she will wait until a report late in September from international lenders before deciding whether Greece is meeting reform targets and should keep getting rescue loans or...

"Special Salaries" of Greece's Privileged Could be Cut

With the uneasy coalition government of New Democracy Prime Minister Antonis Samaras hunting high and low to find $14.16 billion in cuts demanded by international lenders, the administration is going after some hitherto-protected sacred cows and is planning to...

Juncker Wants Greece in Eurozone But No Reassurances

With growing indications that Greece may have to make even deeper cuts than the $14.16 billion demanded by international lenders, Eurozone chief Jean-Claude Juncker told Prime Minister Antonis Samaras that Greece should stay in the economic bloc, but said...

Greek Workers, Pensioners, Poor Face a Buzz Cut

The uneasy coalition government of Prime Minister Antonis Samaras will hit workers, pensioners and the poor for a big chunk of the $14.16 billion in cuts demanded by international lenders in return for rescue loans, Greek media reports said....

Nyuk, Nyuk, The Greeks Deserve What They Got

Born liar Evangelos Venizelos, the new non-leader of the PASOK Anti-Socialists, and Democratic Left leader “Uncle” Fotis Kouvelis, who is still learning the game of political prevarication, both recently swore, vow, pledged, promised, wrote in stone, dipped their fingers...

Greece Said to Need Another $3 Billion in Cuts

Even as the shaky coalition government led by Prime Minister Antonis Samaras is having trouble finalizing some 11.5 billion euros, or $14.16 billion in cuts demanded by international lenders in return for rescue loans, another $3 billion in savings...