Calamos Supports Greece

New Democracy

PASOK and New Democracy at Daggers Drawn Over Past

Just as the European Union is experiencing the most serious economic crisis in its existence and with Greece on the verge of bankruptcy, the two major parties forming Greece's national salvation government are taking every opportunity to clash and...

Call for Coalition Government to Stay On Until 2013

ATHENS – Following remarks from New Democracy party leader Antonis Samaras that elections tentatively scheduled for Feb. 19 will probably have to be rescheduled because a temporary coalition government won’t be able to finish the work of keeping international...

Papandreou Under Pressure to Quit as PASOK Leader

Almost a month after he resigned as Prime Minister, George Papandreou is clinging to power as the head of the embattled PASOK Socialists, but a growing number of lawmakers and former ministers[...]

Another Greek Strike Draws Yawns, No Violence

ATHENS – After 18 months of protests, riots and strikes, another walk off the job by Greek workers on Dec. 1 shut down many services in the capital and elsewhere in the country, but there was no repeat of...

Greece Gets it Loan, but Worries Mount Faster

ATHENS – After weeks of anguish, Greeks found out that international lenders providing the country with a series of bailout loans will release a delayed $11 billion installment needed to keep paying workers and pensioners, but it curiously did...

General Strike in Greece Set for Dec. 1

The new coalition government led by interim Prime Minister Lucas Papademos is not getting a reprieve from Greek workers, who will take to the streets on Dec. 1 to keep up their protest against austerity [...]

Troika Loan on Hold, Xmas Bonus, Pensions at Risk

ATHENS – Greece’s interim Prime Minister Lucas Papademos, who is overseeing a shaky coalition of three parties, is trying to persuade international lenders to release a delayed $11 billion loan installment, without which the country will not be able...