Calamos Supports Greece

Democratic Left

Prosecutor Probes New Democracy, PASOK Loans

While banks are pressing austerity-crushed Greeks to pay back their loans in full despite big pay cuts, tax hikes and slashed pensions, prosecutors are probing why the New Democracy and PASOK Socialist parties who are partners in a coalition...

Angry Greek Farmers Plan Road Blockade

Greek farmers furious over government policies, including tax hikes, that have upped their cost of doing business said they will put their tractors on the roads on Jan. 28 in a symbolic blockade, but will move to stop traffic...

New Democracy Keeps Lead Over SYRIZA

As Greece's major opposition Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras has been making a U.S. swing to pitch his cause, his party has slipped again in polls that show the New Democracy Conservatives of Prime Minister...

IMF: Catch Tax Cheats or Cut Wages, Pensions

If the Greek government fails to collect from tax evaders it will be forced to again cut worker’s salaries and pension benefits despite Prime Minister Antonis Samaras’ promise he wouldn’t impose more austerity, the International Monetary Fund’s man in...

Anarchy at Home Blows Up Tsipras' U.S. Tour

That noise you heard when a bomb exploded at the Athens Mall was any chance that Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras ever had of becoming Greece’s leader, not that he had one anyway. With his party...

Riot Police Break Metro Strike, Subway Reopens

Greek riot police in the early morning of Jan. 25 stormed the Athens subway train depot, where striking workers had barricaded themselves in attempting to continue their 8-day strike. Police broke through the gates and removed dozens of strikers....

Metro Strikers Defy Samaras, Road Chaos Seen

Striking Greek Metro workers said they would stay off the job for a ninth consecutive day on Jan. 25 and disobey a mobilization order from the government to return or be fired or jailed. The deadline for the strikers to...

New Democracy Ekes Out Lead Over SYRIZA

The ruling New Democracy Conservatives are in a neck-and-neck battle with the major opposition Coalition of the Radical Left (SYRIZA) party among Greeks, who also are split over whether the government has done enough to catch tax evaders and...

Golden Dawn Gets EU Human Rights Seat

The wife of Greece’s neo-Nazi Golden Dawn leader has been allowed to join the Council of Europe, a human rights organization, despite her denunciation of immigrants as “subhuman” and as the party is being blamed for rising incidents of...

Stournaras Fears Unrest Could Undo Reforms

With international aid beginning to pour in gradually, Greek Finance Minister Yiannis Stournaras said he’s worried that growing political and social unrest could undermine Greece’s slow recovery and even lead to bankruptcy unless the government resists. In an interview with...