Calamos Supports Greece

online auctions

Fresh Clashes Break Out at Greek Property Auctions (video)

Trouble has broken out in downtown Athens in another clash between riot police and campaigners against auctions of foreclosed properties. According to reports, some demonstrators in the Exarchia district pelted police with eggs and trash before attempting to gain entry...

Eurogroup Decides to Disburse €5.7B Sub-tranche to Greece by End March

Eurozone finance ministers decided on Monday that the third review of Greece's bailout program is complete and the €5.7 billion sub-tranche is to be disbursed by the end of March. The Eurogroup decision will now pass through the parliaments of...

Greek Police Clash with Protesters Over Home Auctions (video)

At least one person was injured on Wednesday as Greek riot police used tear gas to disperse a crowd of protesters against home auctions, in central Athens. Protesters, including a former SYRIZA minister and at least two former MP’s of...

Over 2,000 Greek e-Auctions Planned Before October

A total of 2,018 property auctions have been scheduled for the period up to Oct. 10 of which around 200 are expected to be carried out on Wednesday, according the Notary Association of Athens, Piraeus, Aegean and Dodecanese. The Athens...

Delay Hits €5.7B Greek Bailout Payment

Greece failed to receive a fourth €5.7-billion ($7 billion) tranche of bailout funds on Monday, despite a senior EU figure confirming Athens had met "99 percent" of its reform commitments. However, European mandarins confirmed that work had started on a form...

Greek Tax Offices Get Online-Auction Instructions

Greek tax offices have been given instructions for online real-estate auctions which will take place from May 1. A circular which summarizes changes voted upon in parliament last month also issues provisions on how the controversial auctions should be conducted. They...

'We Won't Enforce Auctions' Warn Greek Police

Greek police on Tuesday said they will not be used to enforce controversial auctions or foreclosures. In a statement, the Pan-Hellenic Federation of Police Officers (PFP) said, its members, although committed to upholding the law, were opposed to the "dangerous...

Online Auctions Overshadow Greek Bailout Progress

Monday's crunch Eurogroup meeting may have praised Athens for legislating 95 of 110 “prerequisites” needed to access bailout funds but stressed the need for online auctions before a next loan tranche is disbursed in February. Greece’s government has committed to...

Protesters in Fierce Clashes with Police over Online Home Auctions in Greece

Protesters who were losing their homes engaged in fierce clashes with Greek riot police on the first day of online auctions to sell off repossessed properties amid the ongoing economic crisis in the country. Images from the scene have shown...

Basketball Legend Nick Galis Auctions Shoes for a Child's Treatment

Greek basketball legend and recent NBA Hall-of-Famer Nick Galis auctioned his sports shoes and gathered €7,000 for the treatment of a 5-year-old suffering from brain tumor. Christoforos, 5, has been suffering from a rare form of brain tumor called Diffuse...