Calamos Supports Greece

New Democracy

Greece’s Deal with the Devils: Did Anybody Read this Thing?

ATHENS – At least he didn’t say the dog ate the memorandum or go “hummana hummana hummana" while looking sheepish and wiping his face, like Jackie Gleason’s portrayal of Ralph Kramden confronted by wife Alice when he screwed up...

Greek Minister Chrysochoidis Says He Didn’t Read Troika Demands!

ATHENS - Development Minister Michalis Chrysochoidis, who has stated he wants to take over the leadership of the PASOK Socialist party, which has been in shambles and sliding deep in the polls since the resignation of George Papandreou as...

Greek Prosecutor Wants Papandreou Investigated

ATHENS – Former Prime Minister George Papandreou should be investigated to see if there was any wrongdoing in how he handled the country’s economic crisis and imposed waves of pay cuts, tax hikes, slashed pensions and layoffs of public...

Former New Democracy Politician Giannis Kefalogiannis Dies at 79

Former Greek minister, one of the Oldest parliamentary politicians of the ND conservative party, and close advisor of former Greek PM Karamanlis, Giannis Kefalogiannis, died at the age of 79. Giannis Kefalogiannis was born in Crete and studied medicine in...

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...

Germans Remain Optimistic and Continue to Give Economic Advice to Greece

ATHENS – As German Foreign Minister Guido Westerwelle arrived in Greece on Jan. 15 for talks with political leaders of the debt-crushed and cash-starved country, with a message of support from European officials, German Chancellor Angela Merkel said Greece...

Opposition Widens Lead, Left Parties Gain – Poll

Greece's opposition New Democracy party has widened its lead over the Socialist party, but wouldn't have enough votes to form a majority government on its own, a public opinion poll showed Sunday. According to the Kathimerini newspaper, New Democracy would...

End of an Era: Papandreou Set to Leave PASOK Stage

ATHENS – Like his father Andreas 30 years before him, George Papandreou was the Prime Minister of Greece until being hounded out of office on Nov. 11, 2011 following 18 months of protests, riots and strikes, after he imposed...

Greek Deficit Worsens, More Austerity and Pain Looms in the Future

ATHENS – Interim Prime Minister Lucas Papademos’ pledge that his coalition government will not hit weary Greeks with more austerity measures may fall by the wayside after a Finance Ministry report that showed the country’s deficit is not falling...

11 Reasons Why Greece Really Went Broke in 2011

ATHENS – Unless you were rich, a business executive, a celebrity, or among the few privileged elite who run the country and for whom every year is a banner year of profiteering, 2011 was the worst year for most...