Calamos Supports Greece

European Council

EU Lawmakers OK Podimata Tax

The European Parliament has voted for a proposal put forth by a PASOK Socialist lawmaker, Anni Podimata, for a tax on currency exchanges and financial transactions she said would deter speculators. The so-called Tobin Tax is named for Nobel Prize...

Cyprus Sparks Controversy as EU's Next President

Cyprus takes over the European Union presidency Sunday for the next six months. The island's own financial difficulties and its location in the eastern Mediterranean are expected to sharpen the bloc's focus on the eurozone debt crisis and on...

Germany Accepts Easier Funding of European Debt

Just a few hours ago, Chancellor Merkel, agreed on an initiative to help banks and indebted countries. The initiative was mostly supported by Spain and Italy. The agreement states that governments will be able to borrow money from ESM...

Νew Democracy rejects implemention of European legislation approved in 2005

A few days ago, Alexis Tsipras said in an interview that "if a legal immigrant has spent some years in Greece and is able to sustain himself economically, it is reasonable that he would ask to bring his family." ...

Neighboring Bulgaria Helps Greece Protect its Borders from Illegal Immigrants

Illegal immigrants are always a key-issue in the social and political life of Greece. The country's borders are too long, the guards few and the authorities cannot deal with the problem and thus, hundreds of illegal immigrants from Pakistan, Iran,...

Cypriot President Christofias Visits Court of Justice of the EU

President of the Republic of Cyprus, Demetris Christofias, is paying a formal visit to the Court of Justice of the EU in Luxembourg today within the framework of the preparation phase before Cyprus assumes the six-month long rotating presidency...