Calamos Supports Greece

Lucas Papademos

Greek Economy Still Floundering, But Out Of Default

ATHENS – Greece may still be broke, but it’s not in technical default anymore. The ratings agency Standard & Poor’s raised the country’s credit grade to low-speculative on May 2, taking it out of default as expected, after Greece...

Venizelos Urges Greeks to Stop the Far Right and Left

ATHENS – Hoping to capture a center ground as many of Greece’s political parties are shifting toward extreme positions in hopes of garnering more popular support for the May 6 general elections, PASOK Socialist leader Evangelos Venizelos told Greeks...

Papademos Warns Against Europhobia Ahead of Elections

Greek prime minister Lucas Papademos has said that the country’s place in the European Union must be defended. Against a backdrop of deep debt, cuts and unemployment, Papademos warned against europhobia as Greeks prepare to vote in next month’s election. “The...

Samaras: No Citizenship for Immigrants, Water Cannons for Protesters

ATHENS – Reaching out to Right-Wingers who are leaving his Conservative party ahead of the May 6 elections, New Democracy leader Antonis Samaras said he would get tough on crime, repeal laws giving citizenship to second generation immigrants born...

Dimas, Lambrakis, Give Away Their Good Names to Politicians

ATHENS – Since it’s apparent that new PASOK Anti-Socialist leader Evangelos “Mr. Tax Man,” Venizelos, the World Heavyweight Bombast Champion, is leading his party to defeat in the May 6 election, and as the leading New Democracy Capitalists are...

Bank of Greece: Recession Getting Worse, More Cuts Needed

ATHENS – Bank of Greece Governor George Provopoulos has given another dire warning about the country’s economy, foreseeing that the Gross Domestic Product (GDP) will shrink 5 percent this year and urged whomever wins the May 6 elections to...

Olympic Champ Dimas on PASOK Ticket, Lambrakis to New Democracy

ATHENS – Still lagging in the polls as the May 6 elections approach, the PASOK Socialist party has recruited former Olympic and World Champion weightlifter Pyrros Dimas, who had vowed he would never be involved in politics, to head...

Greece Will Bail Out Its Banks, But Not Its People

ATHENS – After imposing mandatory losses of up to 74 percent on its own banks, Greece is ready to give it all back through a plan to recapitalize them with $64.4 billion, a bailout paid for by the taxpayers....

Greece Risks Leaving Eurozone, Says Venizelos

ATHENS – PASOK Socialist leader Evangelos Venizelos said he believes the May 6 elections will not give his party or their bitter rival opponents of the New Democracy Conservatives a mandate, and that the uncertainty is raising the possibility...

Venizelos Backs Away From Papandreou, Trying to Buy Time For Greece

ATHENS – PASOK Socialist leader Evangelos Venizelos, whose party is floundering in the polls, said if elected Prime Minister in the May 6 elections he would push international lenders who have imposed austerity measures on Greece that he supported...