Calamos Supports Greece

Greek referendum

MP Liana Kanelli Appears on British Channel 4

Greek communist MP Liana Kanelli appeared Thursday on Channel 4 News in the UK and made quite an impression on everyone just as she does on Greek TV programmes. Kanelli’s opening lines were, “We Greeks are bold and beautiful”. The Greek...

German Minister Says no Going Back on Greek Bailout

As Europe demands an explanation from Greece's prime minister for his decision to hold a referendum on the latest EU bailout, voters are warned that a rejection of the rescue plan is a rejection of the euro all together. Germany's...

Canadian Central Banker Sees no Problem with Greek Call for Referendum

The leader of Greece made an understandable decision by calling for a citizens' referendum to decide whether the nation will accept a bailout, Canada's top banker said during federal testimony on Tuesday. Mark Carney, governor of the Central Bank of...

Pissarides: Greek Decision to Hold a Referendum Detrimental for Eurozone

Cypriot Nobel economics laureate Christopher Pissarides has said that Greece decision to hold a referendum on its latest rescue plan will prove to be detrimental for the eurozone. Speaking from London, Pissarides said the new developments created after the Greek...

Global Markets Rattled by Greek Referendum

Stock markets around the world plunged today after Greek Prime Minister George Papandreou said he will hold a high risk referendum on the country's participation in the European bailout package. The Dow Jones industrial average is down more than 260...

Milena Apostolaki Quits PASOK Group

A Greek governing party deputy defected on Tuesday over Prime Minister George Papandreou's sudden decision to hold a referendum on a European debt deal, leaving the Socialists with only a two-seat majority in parliament. Socialist MP Milena Apostolaki declared herself...

The Rest Of Europe Is Fuming At Greece Right Now

French President Nicolas Sarkozy was reported to be “dismayed” by the news that Papandreou would call a referendum on the bailout deal. Sources close to Sarkozy said, “The Greek’s gesture is irrational and, from their point of view, dangerous.”...

Fitch: Greek Referendum Poses a Threat to the Eurozone's Financial Stability

Ratings says that the announcement by the Prime Minister of Greece of a public referendum to approve the economic and financial conditions associated with the new EU-IMF programme, including the debt restructuring under the 'private sector involvement' (PSI),...

German Parliament Leader "Irritated" by Greek Referendum

A leader in Chancellor Angela Merkel's center-right coalition said on Tuesday he was "irritated" to hear Greek Prime Minister George Papandreou had called a referendum on the EU bailout deal for his country. Rainer Bruederle, parliamentary floor leader for the...