Calamos Supports Greece

Nikos Chountis

SYRIZA MEP Manolis Glezos Steps Down

Almost a year after being elected to the European Parliament, veteran politician of the Greek Left and WWII resistance fighter Manolis Glezos, 92, announced on Wednesday that the time has come for him to finally resign from his duties as an MEP. Glezos' resignation...

Entry of Illegal Migrants in Greece Increased 223%

More than 165,000 illegal migrants crossed the Mediterranean Sea the first 10 months of 2014, according to figures released by the United Nations. Illegal migrant inflow through the Mediterranean was 60,000 people in 2013. This year's numbers show a 223.22...

China 'Knows Nothing' About Offering Help to Greece

Greek officials have given the impression that China had offered aid and economic support to Greece. However, on Wednesday, February 11, China’s Foreign Ministry spokeswoman Hua Chunying said she had no knowledge of such an offer. According to Reuters, Greek...

Greek Foreign Ministry: We do not Agree With the Spirit of Sanctions Against Russia

“We do not agree with the spirit of sanctions against Russia, which has adverse repercussions not only in agriculture as far as the economy of our country is concerned, but also more generally," Greece's Alternate Foreign Minister for European Affairs...

Greek FinMin: Troika Made Many Mistakes

Greek Finance Minister Yannis Stournaras was very critical of the Troika during his meeting with members of the European parliament, who are monitoring the activities of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) task force operating in EU...

EU Says Greek Bank Deposits Safe

The European Union has rebutted a claim by a member of the major opposition party Coalition of the Radical Left (SYRIZA) said that Greece's international lenders might authorize partial confiscation of guaranteed bank accounts - similar to what Cyprus...

Bad Weather Increases the Price of Olives

The British newspaper Daily Mail has an extensive article on its internet page, for the price of olives in Greece. The bad weather in Greece led to shortage in harvest. Sometimes the price of olives rise by 50 percent...

Rehn Won’t Rule Out Greek Minimum Wage Cut

The European Commissioner responsible for economic issues Olli Rehn, responding to questions in the European Parliament, said it's possible that the Greek minimum wage, already reduced to 586 euros ($761) a month could be cut again next year, although...

Chountis Questions Eurozone Chief’s Standing

Nikos Chountis, a Member of the European Parliament from Greece's major opposition Coalition of the Radical Left (SYRIZA) challenged the competency of Eurozone chief  Jeroen Dijsselbloem for his support of partially confiscating the bank accounts of Cypriots to help...

EU Says Rehn’s Comments Misunderstood

European Commission officials that its finance chief Olli Rehn's statements concerning the minimum wage in Greece were not understood correctly. They said what he really meant was that it would be changed, although not reduced. They did not say...