Calamos Supports Greece

Greek government

Greek Government To Announce PSI Results Early Friday

The Greek government will announce early Friday the results of investors' participation in the country's ambitious debt restructuring plan, known as the Private Sector Involvement, or PSI, a person close to the finance ministry said Thursday. An announcement will be...

Parliament Debates Debt Deal Amid Protests

The Greek government braced for further anti-austerity protests Wednesday while the country's parliament was debating legal changes that would clear the way for a massive debt restructuring to keep Greece from defaulting on its loans next month. The legislation, which...

Papandreou Urged Papademos to Reshuffle

PASOK president George Papandreou gave the "green light" to PM Lucas Papademos to reshuffle the current government, according to protothema. During the meeting of the three political leaders involved in Papademos’ government, Papandreou raised the problem of the government’s performance....

Elections And New Measures Cause Government Turbulence

Greek government’s tenure is determined by the work to be done, said spokesman for Greek PM Lucas Papademos, in an attempt to deal with the ministerial paralysis due to an unofficial pre-election period. Infrastructure Minister Makis Voridis, a LAOS MP,...

EU Decision Political Handling Still A Puzzle

The Greek government is engaged in exercises on paper for the political handling of the upcoming EU decision, seeking allies in the opposition, but fails –until now- to find any. The government made it clear that it would seek to...

Cutting Greek Debt Must be Voluntary: Greek Official

Any solution for further reducing Greece's debt burden must be voluntary, a Greek government official said on Sunday following a meeting of EU leaders to try to find a solution to the region's debt crisis. Private sector holders of Greek...