Calamos Supports Greece

George Papandreou

Papandreou Delays U.S. Trip Over Debt Crisis

Greek Prime Minister George Papandreou canceled a planned visit to the United States, State TV Net reported on Saturday. His office said he had decided to return as “next week is particularly crucial” in efforts to secure the country’s next...

Another EU Task Force Descends on Greece

ATHENS – Already under the thumb of the EU-IMF-European Central Bank Troika which is requiring Greek Prime Minister George Papandreou to keep cutting workers pay, pensioners benefits and raising taxes as a condition of getting rescue loans to keep...

EU Wants Greek Private Sector Workers Pay Cut Too

  ATHENS – With public workers set for another barrage of pay cuts – teachers already bracing for a retroactive salary slash of 380 euros, or $525 per month – European Economic and Monetary Affairs Commissioner Olli Rehn has proposed...

Greek Workers Threaten Action Strikes, Papandreou’s Security Bill In

ATHENS – As the Greek government readied more pay cuts and tax hikes for the country’s beleaguered workers, middle-class, poor and pensioners, the main civil servants union ADEDY said it’s ready to strike back, angry over a scheme that...

Greek Crisis Threatens Eurozone Survival

ATHENS – As speculation intensified that Greece would default, the crisis that has gripped the country for 18 months, setting off protests and riots over government-imposed pay cuts, tax hikes and slashed pensions to satisfy international lenders putting up...

From Father To Son, PASOK Celebrates its 37th Birthday

In 1974, a couple of months before the colonels' junta collapsed, current Prime Minister's father, Andreas Papandreou, left Toronto and returned home, in order to create the Pan-Hellenic So-cialist Movement, known as Pasok. Andrea's political "child" had a a tint of Marxism mixed with a nationalist and socialist agenda. Thirty seven...

No elections till 2013 says George Papandreou on PASOK's 37th anniversary

"All major reforms, including those on Higher Education, Health and fiscal policies will go on no matter what." said the Greek prime minister at the  PASOK party conference in Faliro sending a clear message not only to his opponents but also to...

Greek Tax Changes that will Make Your Wallet Lighter…a Lot Lighter

Greek tax legislation changes resemble pretty much Latin American soap opera episodes[...]

Papandreou Says AEI and TEi Have Dispensed with State Control

Papandreou has announced that he is giving in to society foundations, and dispensed with state control over them. In this way, the institutions can work for their own good and not as means of satisfying the interest of a...

Prime Minister Papandreou on Facebook and Twitter

The Prime Minister got involved with social media. He created his own Facebook page. Many people agreed with his choice and ''Like''d his page while other remain skeptical towards his action. He created a page on Twitter as well, and does...