Calamos Supports Greece

Kastanidis

New Democracy, PASOK Duel over Helping Greeks Pay Loans

ATHENS – With international lenders ready to fork over another $172 billion in rescue loans, the pressure is off Greece’s hybrid government for now and the PASOK Socialists and their bitter rival New Democracy Conservatives sharing power for now...

PASOK Loses Support as Papandreou Clings to Power

ATHENS – As former Prime Minister George Papandreou’s PASOK Socialists have fallen to new lows in surveys that show the party is in danger of being overtaken by the Democratic Left and even the Communists, he said he will...

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...

Government Orders Police to Reopen Landfills Despite Protest

On Thursday, Greece's government ordered police to reopen landfills in the country's two main cities after a 10-day blockade by municipal workers who halted sanitation services and left tons of uncollected garbage on city streets. In the past few days,...

Greek Workers Threaten Action Strikes, Papandreou’s Security Bill In

ATHENS – As the Greek government readied more pay cuts and tax hikes for the country’s beleaguered workers, middle-class, poor and pensioners, the main civil servants union ADEDY said it’s ready to strike back, angry over a scheme that...