Calamos Supports Greece

Hollande

Hollande Heads for Athens for Deals

French President Francois Hollande, the Socialist leader who opposed austerity in his country but backed it for Greece, is due in Athens on Feb. 19 to show support for Conservative Prime Minister Antonis Samaras’ implementing more pay cuts, tax...

Greek Certainties: Death, Taxes and Tax Evaders

Raising taxes is supposed to be antithetical to Republicans and Greece’s New Democracy Capitalists who usually pin that on Democrats and the Left. But it wasn’t surprising when, instead of going after tax evaders who owe their beloved country $70...

Tsipras Says More Austerity “Final Blow” for Greece

Greek Prime Minister Antonis Samaras is trying to persuade his reluctant coalition partners to go along with a $17.45 billion spending cut and tax hike plan, the major opposition party Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras...

Spiegel Reports Greece Will Get Loans

While German Chancellor Angela Merkel said she’s waiting for a report from international lenders, the news magazine Spiegel said a decision has already been made that Greece will get its next installment by the end of November. Greece is awaiting...

French PM Ayrault Says Rich Greeks Should Pay

During an interview in Mediapart, a French online newspaper, Prime Minister Jean-Marc Ayrault said that it's unethical that rich Greeks are not paying their fair share of taxes during a crushing economic crisis that has seen big pay cuts,...

Depositors Cautiously Returning to Greek Banks

After several scares over whether Greece would default and go back to the drachma from the euro, which led Greeks to take out billions of dollars from the country's banks, deposits are slowly starting to come back, according to...

Samaras Says He Saved Greece from Drachma

Greek Prime Minister Antonis Samaras said that his trip to present German Chancellor Angela Merkel and French President Francois Hollande with details of plans to make another $14.16 billion in cuts could keep Greece in the Eurozone and prevent...

Troika Will Keep Greece Twisting 'Til October

With Greek Prime Minister Antonis Samaras desperate to keep the country’s debt-laden economy from going under, he won’t get a report from international lenders on how reforms are progressing until October, when the last installment of a first series...

Hollande Tells Samaras to Wait for Troika Report

After being put on hold by German Chancellor Angela Merkel over his hope Greece could get a two-year delay to administer more reforms and austerity measures demanded by international lenders, Greek Prime Minister Antonis Samaras has been told by...

Samaras Says Greece Needs Air: Merkel Keeps Him On Ice

German Chancellor Angela Merkel told visiting Greek Prime Minister Antonis Samaras that she will wait until a report late in September from international lenders before deciding whether Greece is meeting reform targets and should keep getting rescue loans or...