Calamos Supports Greece

PASOK

Tension in Greece Ahead of Nov. 17 Protests

With most Greeks concentrating on making ends meet during a crushing economic crisis, and social unrest still growing against harsh austerity measures, the annual commemoration of the Nov. 17 student uprising against the country’s military dictatorship in 1973 has...

Samaras Seeks Migrant Citizens Law Repeal

With his New Democracy Conservative party rapidly losing support to the soaring neo-Nazi anti-immigrant party that has 18 seats in Parliament, Prime Minister Antonis Samaras has proposed repealing a law granting citizenship to second-generation immigrants who were born in...

Greek Parliament OK's 2013 Austerity Budget

By a vote of 167-128, the Greek Parliament shortly after midnight on Nov. 12 easily approved an austerity-packed budget for 2013 that includes big pay cuts, tax hikes and slashed pensions as part of a $17.45 billion package that...

Faith in Politicians Slim: Poll

Greeks indicate their lack of faith in politicians and political parties is growing, a Skai-Kathimerini poll released Friday indicated. Greeks said Prime Minister Antonis Samaras, leader of the New Democracy Party, is preferred for that position over SYRIZA party leader...

PASOK Loses Another MP, Androulakis Quits

After ejecting six of his Members of Parliament for not supporting a $17.45 billion spending cut and tax hike plan, PASOK Socialist leader Evangelos Venizelos has lost another one after veteran deputy Mimis Androulakis quit the party, adding to...

Greek Parliament OK's Harsh New Austerity Plan

Following a day of peaceful protests followed by violent confrontations between anarchists and riot police right outside, the Greek Parliament, in a dramatic post-midnight vote on Nov. 8, narrowly approved a $17.45 billion spending cut and tax hike plan...

Cut to the Bone: The Samaras Measures

Already buried by 2 ½ years of austerity measures imposed by the government on the demand of international lenders putting up $325 billion in bailouts for the country’s faltering economy, Greek workers, pensioners and the poor will face another...

Papandreou Cancels Toronto Speech for Austerity Vote

Without explanation, former Greek prime minister George Papandreou abruptly cancelled a scheduled Nov. 7 speech in Toronto on the Greek economic crisis to fly back to Athens so he could be present when the Parliament votes on a critical...

Samaras' Last Push for Austerity Support

With his shaky coalition on the verge of breaking apart, Greek Prime Minister Antonis Samaras has reached out to lawmakers to back a $17.45 billion spending cut and tax hike plan he promised would be the last round of...

Divided Greece Torn by Hard Times, Austerity

With Greece running out of cash and time, Prime Minister Antonis Samaras’ shaky coalition government faces its most crucial test on Nov. 7 when a 13.5 billion euros ($17.45 billion) spending cut and tax hike plan goes to parliament...