Calamos Supports Greece

ELA

Stricter Furlough Terms For Terrorists

With two convicted terrorists let out of jail on the loose and police fearing they will return to violence, Greece is planning tougher conditions before criminals convicted of serious offenses can be given breaks from their sentences. A draft bill...

Greek $5 Billion Bond Sale Holds Off Default – For Now

Facing a deadline this month to pay a $3.82 billion loan payment or risk defaulting, Greece has again managed to escape, by selling $5 billion in 13-week treasury bills, mostly to Greek banks who had been recapitalized by the...

Greece Recapitalizes Biggest Banks With 18 Billion Euros

ATHENS – With Greece’s bank sector reeling in the wake of big losses imposed by the government as part of a deal with international lenders to reduce its debt, the country’s four largest banks have been given 18 billion...