Calamos Supports Greece

Europe

Van Rompuy: EU Tackles Illegal Migration

The President of the European Commission Herman Van Rompuy stated today, that the European Union will take strict measures in order to battle illegal migration. According to him, the EU could make better use of its resources to prevent...

Eu Council President Van Rompuy: Leaders Agreed On Permanent Mechanism

The President of the European Council, Herman Van Rompuy, announced that European Union leaders agreed on the establishment of a future permanent mechanism to secure the financial stability of the euro zone. The agreement regards the limited amendment to the...

Poland’s Tusk and Italy’s Mogherini Chosen for EU Top Jobs

European Union leaders on Saturday chose Polish Prime Minister Donald Tusk to chair their Council and named Italian Federica Mogherini to run the bloc's foreign relations, as the EU prepared to threaten Russia with new sanctions over Ukraine. EU summit...

Juncker is New EU Leader Despite British Wishes

BRUSSELS (AP) — European Union leaders on Friday picked former Luxembourg Prime Minister Jean-Claude Juncker to become the bloc's new chief executive despite Britain's outspoken opposition, further alienating the U.K. from its continental partners. With the move, the EU leaders...

Samaras in Paris for Youth Employment Meeting

Greek Prime Minister, Antonis Samaras is travelling to Paris today, in order to participate in the second European summit that will take place in the capital of France. The subject that will be discussed in the summit, is the...

Germany Says No to EU Common Debt

The German government has rejected any notion there should be common debt in the European Union to be shared by its 27 countries. The proposal was said to be a report from EU President Herman Van Rompuy's to be...

Germany Accepts Easier Funding of European Debt

Just a few hours ago, Chancellor Merkel, agreed on an initiative to help banks and indebted countries. The initiative was mostly supported by Spain and Italy. The agreement states that governments will be able to borrow money from ESM...

EU Leaders Agree on Growth Pact

European Union leaders meeting at a summit in Brussels Thursday have agreed to set aside about $150 billion to stimulate growth in the bloc's weakest economies. European Council President Herman van Rompuy announced the so-called "growth pact" which was rejected...

European Leaders Call for Tighter Fiscal Control

Key European leaders are calling for much tighter central control of spending by the 17 countries that use the euro in the latest effort to resolve the continent's unrelenting debt crisis. Four officials produced the plan Tuesday - European Council...

European Parliament: Today’s Session and Measures Under Discussion

by Katerina Palamiotis, Afroditi Lakkiotis Today, the 16th of November, the ongoing sovereign debt crisis as well as the necessity to re-evaluate its confrontation strategy, were the main issues discussed this morning during the plenary session of the European Parliament....

Sarkozy, Merkel Call For Penalizing Excessive Deficit Countries

France and Germany Wednesday upped the pressure on their euro zone peers to improve fiscal discipline in the bloc by cutting the region΄s wayward spenders off from key European Union transfer funds. In a letter sent to European Council President...

EU Seeks To Drop Contested Provisions Of Competition Pact

European Union President Herman Van Rompuy (photo) attempts to soften some of the most controversial provisions of a euro-zone economic package proposed by France and Germany, according to Dow Jones Newswires. A senior official from the currency noted that the...

Turkey Says EU becoming ‘Christian Club’

Turkey's deputy prime minister said on Saturday that the European Union was becoming an inward-looking "Christian club", slamming a lack of progress in his country's bid to join the bloc. Speaking on a panel at the World Economic Forum in...

France, Germany agree on plan to help Greece – The text of deal

France and Germany agreed on a standby aid plan for heavily indebted Greece on Thursday that would involve money from European Union member states and the International Monetary Fund, the French president's office said. French officials said President Nicolas Sarkozy...