Calamos Supports Greece

Putin

While Anastasiades Fiddled, Money Fled Cyprus

Delays and indecision by newly-elected Cypriot President Nicos Anastasiades' government allowed a huge outflow of cash from the island's banks even though they were closed and limits were placed on most withdrawals, the news agency Reuters reported. In banknotes at...

Cyprus-EU Talks Resume, Zero Hour Looms

Eurozone officials met in Brussels on March 24 with Cypriot officials as negotiations resumed on whether the island country's government could satisfy lender demands, including for a bank confiscation tax, to trigger release of a 10 billion euros ($13...

Madame Merkel's Rule Goes Viral

The Moscow Times depicted the crisis in Cyprus and the Eurozone with the image of a faux Renaissance painting with all the major protagonists, with the focus on German Chancellor Angela Merkel dressed as a tavern woman. The picture...

Cyprus Moves To Plan C To Avert Default

With its back against the wall and facing a March 25 deadline to try to come up with a plan that would bring in 5.8 billion euros ($7.5 billion) to release a 10 billion euros ($13 billion) international bailout,...

What's Next for Cyprus? New Plan Explained

After Cyprus’ loud “No” to a demand from international lenders that up to 9.9 percent of bank accounts be seized to help pay for a bailout, and a “loud silence” from Germany, the Cypriot government now has to find...

Cyprus Will Exempt Small Savers From Tax

In a frantic bid to get support from Parliament before a crucial March 19 vote on a savings confiscation plan demanded by international lenders in return for a 10 billion euros ($13 billion) bailout, the Cypriot government said it...

Facing Fury, Cypus Wants New Bailout Deal

With an immediate backlash from Cypriots that their savings would be taxed to help pay for an international bailout for the country's failing economy, President Nicos Anastasiades took to national TV to tell them he will try to change...

Putin Wants Wrestling Kept In Olympics

Russian President Vladimir Putin has criticized a decision by the International Olympic Committee (IOC) to drop wrestling from the games and also asked for the Russian martial art of Sambo to be included. "The exclusion from the Olympic program of...

Kandelaki, Russia’s Powerful Beauty

Tina Kandelaki, the Greek broadcaster, producer, politician, member of the Civic Chamber of the Russian Federation and co-owner of the Apostol Media Group company, is said to be one of the most powerful women in Russia, as well as...

Kill the Messengers: Greece Can't Handle The Truth

It’s a good thing that Costas Vaxevanis, one of a handful of legitimate journalists left in Greece in a country where too many are in the bag to politicians and the rich, wasn’t standing in front of a hole...