Calamos Supports Greece

Lucas Papademos

Government Set to Win Confidence Vote, Cracks Emerge

New government should comfortably survive a vote of confidence on Wednesday but Prime Minister Lucas Papademos faces a daunting task repairing the shattered public finances, and cracks are already appearing in his crisis coalition. Polls show Papademos, a former vice...

Samaras: We Gave Rise to Papademos Government

Main opposition New Democracy (ND) leader Antonis Samaras on Monday outlined to his party's parliamentary group the reasons that led him to agree to back a transitional government which, he stressed, was formed for a specific purpose and has...

So Much for Unity – Samaras Won’t Sign Troika Deal

ATHENS – Just a few days after Greece got a coalition government charged with pushing through more austerity measures to get a second bailout of $157 billion from international lenders, New Democracy leader Antonis Samaras said he’ll refuse to...

Vote of Confidence for New Government on Wednesday

Parliament will hold a vote of confidence in Greece's new transition government at noon on Wednesday, after a three-day debate of new prime minister Lucas Papademos' policy statement. will present his policy statement on Monday afternoon, at 7:00 p.m. in...

New Greek PM Contacts President of Cyprus

President Demetris Christofias received on Friday a phone call from Lucas Papademos, who informed him that he was the first state leader with whom he has communicated since he took over from George Papandreou, as proof of the fraternal...

Greek Word Not Good Enough – Troika Wants it in Writing

ATHENS – Even before the dust settled down from the appointment of a new interim Prime Minister, Lucas Papademos, and a coalition cabinet charged with pushing through the Parliament a new bailout of $157 billion from international lenders and...

Ecumenical Patriarch Bartholomew Congratulates New Greek PM

Ecumenical Patriarch Bartholomew sent a congratulatory telegram to the new PM of Greece Mr. Lucas Papademos late Thursday evening. The Patriarch wished Mr. Papademos all success in his new duties and expressed his hope that the new government will manage...

UK Telegraph Gunning for Greek PM Papademos

UK Telegraph supported the thesis that during the turbulent Euro crisis, people need democratically elected governments. In his article, British publicist Charles Moore stressed that the only truth for those running Europe is to save the common currency. More particularly,...

Moody's Reviews Greek Covered Bonds For Possible Downgrade

Moody's Investors Service said Friday it is reviewing four classes of Greek covered bonds for possible downgrade, citing recent events it says have heightened the country's risk of a disorderly default. Greece narrowly avoided holding a referendum on a restructuring...