Calamos Supports Greece

EU

Cyprus Airways Shuts Down after EU Says it Must Repay State Aid

The Cypriot government on Friday announced the suspension of operations of Cyprus Airways, after the EU said that it must repay over 100 million euros in illegal state aid it received in 2012. Finance Minister Harris Georgiades said the EU...

Greek Elections: And Now…. All Bets Are Off!

Threatening howls have risen from the halls of “united” Europe at the announcement of snap general elections in Greece, scheduled for January 25, 2015, – elections which, most likely, will bring to power the populist left-wing SYRIZA party.

Greece's Euro Membership 'Irrevocable,' EU Commission Stresses

Greece's membership in the Eurozone is "irrevocable," European Commission spokeswoman Annika Breidthardt said on Monday, amid press speculation of a possible "Grexit" that would leave the country outside the euro area. According to Breidthardt, the EU treaty clearly states that "euro...

EU Plans New Strategy to Address Migrant Smuggling

The European Commission representative, Natasha Bertaud, reiterated the organization’s intention to announce a new complete strategy to combat migrant smuggling in Europe, in the near future. Bertaud reminded the Greek Commissioner of Immigration, Home Affairs and Citizenship, Dimitris Avramopoulos, of...

Broken Promises – New Year 2015

Many people would make New Year’s resolutions, but hardly any of them will be kept or come to fruition. One may say, “so be it.” And so, life goes on, full of broken promises. In fact, Cypriot citizens...

Hellenic Federation of Enterprises: National Consensus is the Only Way Out

The need for national consensus that constitutes “the only way out today” and the agreement of the political parties on four national strategy directions for the Greek economy, was underlined by the Hellenic Federation of Enterprises (SEV) in an...

PM Samaras: All are Interested in Greece's Developments

The EU summit during which was discussed EU Commission chief Jean-Claude Juncker's 315 billion euro investment plan, was particularly important for Greece, Greek Prime Minister Antonis Samaras said. Juncker's package is ambitious and immediately feasible and we all welcomed it...

Bank of Greece Governor Warns of 'Irreparable' Damage Risk from Crisis

Bank of Greece (BoG) governor Yannis Stournaras called on MPs to consider their decision carefully at the parliamentary elections for the Greek President, in statements delivered during an event in Athens on Monday, honoring the 110th anniversary from the birth of...

EU Commissioner Moscovici to Visit Greece

France’s Pierre Moscovici, EU Commissioner for Economic and Financial Affairs, Taxation and Customs, is expected in Athens next Monday and Tuesday (December 15-16) it was announced today. “I will be visiting Greece on Monday and Tuesday. We stand by Greece and...

40 Syrian Refugees from Athens' Syntagma Square Apply for Political Asylum

Syrian refugees who have camped at Syntagma Square across the Parliament in downtown Athens, Greece , since November 20 demanding EU travel documents, have begun applying for political asylum, Secretary General of Population and Social Cohesion Angelos Syrigos said on...