Calamos Supports Greece

Portugal

Greeks Have the Least Faith in Their Economic and Political System

The Cologne Institute of Economic Research released the results of a study, which found that among Europeans, Greeks have the least faith in their country's political and economic system. In the 2014 confidence index study that compared 20 European countries, Greece ranked...

Solidarity Rallies in Lisbon and Istanbul in Support of Greek ‘No’ Vote

As Greeks prepared for Sunday’s referendum, solidarity came from protesters in several other European cities. In Portugal, which has had its own international bailout, hundreds of demonstrators marched through the capital Lisbon in support of those planning to vote ‘no’. Protester...

If Greece Defaults…

How a unilateral Greek default and Grexit would affect politics, policy, and the citizens' psychology elsewhere in Europe.

Portuguese Deputy PM Portas: Greece Should Stay in the Euro and Follow the Rules

His belief that the European partners want Greece to remain part of the single currency while following Eurozone's rules expressed Portuguese Deputy Prime Minister Paulo Portas. "Everybody wants Greece in the euro. Europe has rules and guidelines. It is...

OECD: Greeks Not as Lazy as Other Europeans Think

Latest data published by the Organization for Economic Co-operation and Development (OECD) regarding the average European citizens’ working hours, reversed the unflattering stereotype of the lazy Greeks, which the country’s ongoing economic crisis has left them with. Contrary to what...

European Commission President: No Diabolical Plan to Topple Greek Govt

European Commission President Jean-Claude Juncker said today that Athens should stop worrying about a "diabolical plan" cooked up by Spain and Portugal to topple the country's new leftist-led government. The statement came just a few hours after Greek Prime Minister...

German Finance Ministry: No Ambiguities in Eurogroup Decisions on Greece

  The Eurogroup decisions on Greece still apply and do not contain ambiguities, German Finance Ministry spokesman Martin Jaeger said on Monday. The spokesman said that every step in the implementation of the process agreed jointly with Athens will be carefully monitored. Referring...

Foreign Minister Kotzias Stresses Greece's Importance in Regional Stability

Foreign Minister Nikos Kotzias underlined the geopolitical importance of Greece in the meeting of Med Group diplomats. Mr. Kotzias underlined that a possible Greek economic collapse would have negative results in the entire region. As he argued, Greece’s destabilization at...

Former Greek PM Simitis: Austerity Policies of the North Led to the European Crisis

His opinion that Europe has lost the necessary balance between the markets and state institutions expressed Former Greek Prime Minister Costas Simitis in an article published in Greek newspaper "Efimerida Ton Syntakton." As he highlighted, ever since the northern European...

Portugal and Spain: We Won't Follow Greece in a Possible Rupture With EU

Portugal is not a signatory to a possible Greek request for debt restructuring, clarified earlier today the country’s Prime Minister, Pedro Passos Coelho. Addressing the Portuguese Parliament, Coelho assured that he does not intent to participate in any team...