Calamos Supports Greece

Greek Election

The Tragicomedy Performed at the Greek Parliament

Watching lawmakers in the Greek parliament speak about the required reforms they have to vote for in order for Greece to start negotiations for the third bailout package is like watching an absurd tragicomedy. It would have been hilarious if...

Top European Officials Say Greece has No Time for Elections

European Commission President Jean-Claude Juncker and Eurogroup President Jeroen Dijsselbloem said that the Greek government must not look into the elections option because there is no time to lose. The two European officials said that the current Greek parliament must complete the...

WSJ Foresees Elections and Third Memorandum for Greece

If Greece wants to avoid bankruptcy, an agreement must be reached in the next few days, writers in the Wall Street Journal (WSJ) estimated, noting that the Greek government and institutions may have to wait until winter to "seal" a third...

Greek Minister Lafazanis: 'If SYRIZA Misses Targets, it Must Go'

Greek Minister of Production Reconstruction Panagiotis Lafazanis alluded that SYRIZA should hand over power, if the government is not able to secure an austerity-free program. The Left Platform leader gave an interview with the Greek newspaper Kathimerini, where he noted...

Greek Govt Executives Consider Snap Election

The final countdown before the critical May 11 Eurogroup has already started. Meanwhile, the heavy atmosphere that Greek Finance Minister Yanis Varoufakis faced at the Eurozone Finance Ministers meeting have brought to light scenarios of snap elections or a referendum. The Greek...

Tsipras: Greece Needs Bridge Loan, Not Bailout – Full List of New Greek Govt Policy

Greece cannot service its huge debt and will seek a bridge loan rather than an extension of its bailout, Prime Minister Alexis Tsipras said during the presentation of the new Greek government policy on Sunday night. Tsipras received a warm...

Opinion Poll Shows Greeks Support Govt Stance Toward the Troika

75% of Greeks believe the new government is determined to carry out its election pledges and 72% consider the government's confrontation with the Troika to be right, according to an opinion poll. Rougly six out of 10 (59%) believe that the...

Juncker: Greek People's Democratic Will Should be Taken Into Account

European Commission President Jean-Claude Juncker on Tuesday said the expression of the Greek people’s democratic will should be taken into account and congratulated the Greek people on "their courage." In his address in the annual meeting of the European Parliament and...

Bank Deposits in Greece Reach Two-Year Low in December

A new two-year low reached bank deposits in Greece in December, as Greeks withdrew some 4.6 billion euros in a period stigmatized by political uncertainty due to the unsuccessful election of a new President of the Hellenic Republic and...

Greek Election Result a 'Heavy Defeat' for PASOK and its Leader

PASOK leader Evangelos Venizelos on Thursday addressed a joint meeting of the party’s new parliamentary group and political council, and referred to the election result saying it was a heavy defeat for PASOK, its wing and strategy, and...