Calamos Supports Greece

Europe

Qatar Scandal: €1.5M in Cash Discovered at Homes of Bribery Case Suspects

Greek MEP Eva Kaili denied involvement in an alleged bribery scandal involving World Cup host Qatar at the European Parliament. She is one of four suspects charged after Belgian investigators found large sums in cash in homes and a suitcase. MEPs...

Russia: ‘Greeks Did Not Ask For Cash’

"Greece has not asked Russia's Finance Ministry for financial assistance," Russian Deputy Finance Minister Sergei Storchak told Reuters on Thursday referring to Greek Prime Minister Alexis Tsipras' visit to St. Petersburg. "Greece's Prime Minister is visiting Russia to discuss joint projects,...

London Warns Tourists Visiting Greece to Take Enough Cash

While the whole world has turned its attention to the political and economic development revolving around the Greek crisis, the UK government took a step further and developed an emergency plan to help British tourists travelling to Greece, in...

Greek Ship Owners Cashing in on Economic Crisis

According to a recent article in the German financial newspaper Der Handelsblatt, the weaknesses of the German shipping businesses to cover additional funding, benefits Greek and Chinese ship-owners. The article states that at least two-thirds of German businesses involved in...

Greece Seeks Turkish Cash for Asset Sales in Economic Reversal

Greek officials are meeting with investors from Turkey to showcase a sale of state-run assets, reflecting a reversal in the fortunes of the two regional rivals, as Greece faces possible default and Turkish growth rivals China. According to Bloomberg, officials...

‘We give you cash, you give us Corfu!’ German MPs suggest Greece sell its islands (and the Acropolis) to pay off its debt

With Greece facing an intense financial crisis and possible countrywide bankruptcy, Germany has suggested that some of their islands may be the answer. On Thursday, Josef Schlarmann, a Senior Member of Merkel's Christian Democrats, and Frank Schaeffler, a Finance Policy...

Easyjet founder offers cash for Cypriots who cross divide

Easyjet founder Stelios Haji-Ioannou's guilty conscience is set to be a boon for some Cypriot businesses, as long as they are able to bridge the chasm dividing the island's Greek and Turkish communities. Haji-Ioannou, whose family is from Cyprus, is...

Eiffel Tower Briefly Evacuated Over Bomb Threat

The Eiffel Tower in Paris, France was evacuated by authorities over a bomb threat on Saturday afternoon. The security alert led to the evacuation of all three floors of the emblematic monument. A team of deminers searched the site while...

Europe’s Notorious Money Launderer Arrested in Greece

Police in Greece arrested a notorious money launderer, who, according to Europol, was cleaning the dirty money of the world’s foremost criminals, including drug cartels. According to Greece's Financial and Economic Crime Unit (S.D.O.E.) the 52-year-old suspect is a Greek...

Greek MEP Kaili Speaks Out To Italian, French Newspapers After Release

Greek MEP Eva Kaili has spoken out to French newspaper Liberation and Italian newspaper Corriere della Sera after her release.

Greek MEP Kaili Placed Under House Arrest Over EU Bribery Scandal

Eva Kaili, the key suspect at the heart of the bribery scandal rocking the EU’s Parliament was freed from jail and placed under house arrest in Brussels. In her first comments, as she arrived at her home in the Belgian...

Qatargate: Eva Kaili Speaks Out Ahead of Release from Prison

Eva Kaili has made her first statement since it became known that she would be allowed to return home from prison, albeit with an electronic monitoring bracelet. Kaili is one of the most prominent figures embroiled in the Qatargate scandal....

Qatargate: Eva Kaili Released from Prison, Placed Under House Arrest

Eva Kaili, the Greek MEP who was arrested in December last year in connection with the Qatargate scandal, was released from prison on Wednesday and placed under house arrest. Kaili's lawyer, Sven Mary, told the press that her movements will...

Fundraising to Repay Money Spent by UK to Buy the Parthenon Marbles

A fundraising initiative for the Parthenon Marbles was launched to raise £35,000 ($43 K) to symbolically repay the UK Parliament for the money it paid Lord Elgin to buy the Marbles. The symbolic initiative by the British Committee for the...

Qatargate: Eva Kaili and Marc Tarabella to Remain in pre-trial Detention

Eva Kaili and Marc Tarabella, two MEPs implicated in the Qatargate scandal, will remain in jail in pre-trial detention, Belgian authorities confirmed on Friday. The two MEPs have been charged with participation in a criminal organization, corruption, and money laundering...