Calamos Supports Greece

Venizelos

Second Greek Bailout May Be In Jeopardy

As the drumbeat of default expectation grows in Athens, Europe and the United States, German Finance Minister Minister Wolfgang Schaeuble, whose country is footing the biggest part of a failed $152 billion bailout for Greece, said it will take...

Venizelos Says Greece “Scapegoat” But Will Survive Crisis

With the economic world holding its breath over fears that Greece will default, Finance Minister Evangelos Venizelos told an international audience of bankers in Washington, D.C. that his country[...]

In Washington, Venizelos Tries to Convince Skeptical World

Even while Greek Finance Minister Evangelos Venizelos was busy in Washington trying to persuade everyone that Greece will not default, although it is drowning in debt and misery over deep pay cuts, tax hikes and slashed pensions while tax...

European Commissioner Meets With Evangelos Venizelos

European Commissioner for Regional Policy, Johannes Hahn met on Wednesday morning with Evangelos Venizelos, Minister of Finance and Greek Government vice president. The purpose of Hahn's Visit was for the organization of a seminar to promote the new regulations...

Statistician Says Greece Played Numbers Game, Inflated Deficit

ATHENS – Charges by a former board member of the Hellenic Statistical Authority (ELSTAT) that the government deliberately inflated the size of the 2009 economic deficit has prompted an investigation into possible wrongdoing and a criminal complaint that its...

Greeks Gird for More “Blood and Tears” Economic Hits

With Greece still poised on the edge of bankruptcy and growing predictions the country will fail, Prime Minister George Papandreou said he will institute new deep cuts in public spending – another 20% pay cut for workers and a...

Papandreou Delays U.S. Trip Over Debt Crisis

Greek Prime Minister George Papandreou canceled a planned visit to the United States, State TV Net reported on Saturday. His office said he had decided to return as “next week is particularly crucial” in efforts to secure the country’s next...

Venizelos to Hold Teleconference With Troika Sept 19

Officials from the European Union, the International Monetary Fund and the European Central Bank, known as the troika, were expected to return to Athens on Monday after cutting short an inspection visit earlier this month to give Greece time...