Calamos Supports Greece

EKPOIZO

Troika Wants Greek Homes Repossessed

Greece's international lenders are pressuring the coalition government led by Prime Minister and New Democracy Conservative leader Antonis Samaras again to lift a ban prohibiting banks from confiscating homes worth more than 200,000 euros ($260,000) of Greeks who can't...

OECD Says Prices High In Greece

Already pummeled by big pay cuts, tax hikes and slashed  pensions that have cut their disposable income as much as 46 percent, Greeks are being hammered by some of the highest prices for products in the European Union, a...

Court Cuts Jobless Mother's Debt 90%

With many Greeks unable to pay their debts because of an avalanche of pay cuts, tax hikes and slashed pensions, the number of loans in default has hit nearly 25 percent but banks continue to press consumers to pay...

Greek Banks Seek Solution For Consumer Debt

Greek banks that have billions of outstanding government loans that are at risk of default should the EU-IMF-ECB Troika not issue another bailout are becoming more aggressive in collecting consumer debt. Banks are negotiating terms with numerous borrowers – and...