Calamos Supports Greece

Greece

Greek FM Kotzias to 'FAZ': We Have Made People 'Slaves' to Numbers

"You can save a country, Greece, by saving the people," Greece's Foreign Minister Nikos Kotzias was quoted as saying, in a supplement of the German newspaper Frankfurter Allgemeine Zeitung published on Friday. Outlining his thoughts on the emergence of a...

Greece Willing to Make Concessions to Secure Agreement

The Greek government is willing to make concessions by pushing back its anti-austerity program in order to secure an agreement with creditors, Greece's interior minister said. As loan repayments loom large and state coffers are emptying at an alarming rate,...

Light Up the Night: Stavros Niarchos Park to Open Its Doors

The Stavros Niarchos Park in Athens, Greece, will open its doors to the public for the first time, presenting 4 days -and nights- of events that will offer a "future-like experience" to visitors, reflecting the multifaceted program of activities...

5+1 Reasons To Live Your Summer Myth In Greece

The countdown till summer has begun and Greece becomes the glowing oasis for anyone demanding only the best for his exodus from everyday life. Because while at work, you daydream about exotic scents and bright colors by the sea,...

Turks Dominate Eastern Aegean Transportation Market

Turkish businessmen have taken the lead in controlling the maritime transportation of eastern Aegean tourists, threatening the financial survival of Greek shipowners operating in the islands of Chios, Lesvos, Samos, Kos and Rhodes. As a result, many of them...

Four Arrested in Crete for Attempting to Illegally Sell Priceless Minoan-Era Statuette

Greek authorities announced on Friday the arrest of four people in Crete, Greece, on charges of attempting to sell a priceless 3,500-year-old statuette of a young man, dated to the mid-Minoan era for the princely sum of one...

Greek Aviation Employees Suspend 48-Hour Strike

After meeting with Greek Deputy Minister of Infrastructure Christos Spirtzis, the Federation of Associations of Hellenic Civil Aviation Authority representatives decided to suspend the 48-hour strike that was set to take place over the weekend. The two parties discussed the economic...

Chancellor Merkel Intervenes in Negotiations to Close Greece Agreement

There has been a positive change in the Greece-Brussels Group negotiations in efforts to achieve an agreement between the Greek government and its partners, a source in Brussels told El Mundo on Friday. According to the source, there were only "very few elements...

Greek Private Deposits Hit Their Lowest Level Since 2004

Amid fruitless negotiations between Greece’s anti-austerity coalition government and its international creditors over the terms of the current bailout program, Greek bank deposits fell in April to 139.4 billion euros, down from 145 billion euros in March, according to data released by the European...

Greek Alternate FM: 'The Government Will Not Just Sign Any Agreement'

"The government will not sign any agreement," Greek Alternate Minister for International Economic Relations Euclid Tsakalotos on Friday said in an interview with "Agora" newspaper. Asked on the Greek government priorities (salaries and pensions or loan obligations), he said...