Calamos Supports Greece

Greece

Seven New Wind Farms in Imathia and Kozani

The environmental conditions for the construction and the operation of seven large wind farms and the additional technical works required, were approved today by the Minister of Environment, Energy & Climate Change Yiannis Maniatis. The wind power stations with a...

Five Greek Islands Considered At Risk Due to Wind Farm Construction

The organization Europa Nostra announced on Thursday that they have symbolically placed five Greek islands on their list of endangered cultural heritage sites because of what they consider the risk of their landscapes being destroyed by the construction of...

Wind Energy Production Soars in Greece in 2019

Wind energy output soared to new record highs in Greece last year, according to the latest official data released on Thursday by the Hellenic (Greek) Wind Energy Association HWEA/ELEATEN. More new wind energy farms went into operation in 2019 than...

Largest Wind Farm in Greece Opens on Evia Island

Greek Prime Minister Kyriakos Mitsotakis officially opened the largest wind power complex in Greece at Kafireas, on the island of Evia, on Tuesday. The 300-million-euro facility, constructed by Enel Green Power, composed of seven wind farms with a total installed...

Greece's Top Court Issues Freezing Order for Wind Farm Project in Evia

The summer section of the Council of State issued on Wednesday temporary orders blocking a project by Enel Green Power Hellas to construct a cluster of eight wind farms and 73 wind turbines in the area of Kafireas, on...

Greece’s Technology Outlook for 2024 Is Positive

From artificial intelligence to renewable energy systems, technology in Greece has seen significant advancements over the past few years with more set to come in 2024. Through a mixture of Greek initiative and foreign investments from tech giants, the next...

Greece and UAE Set Up $4.2 Billion Investment Initiative

Greece and the United Arab Emirates (UAE) have agreed to create a €4 billion ($4.22bn) initiative to invest in the Greek economy during a visit by Greek premier Kyriakos Mitsotakis to Abu Dhabi on Monday. Investments will be made in...

Volkswagen to Turn Greece's Astypalaia into Green Energy Island

The Greek island of Astypalaia will be the site of a major new investment enterprise, helmed by the Volkswagen corporation. Greek PM Kyriakos Mitsotakis and officials from the German automaker will announce on Wednesday the details of a plan to bring...

Greece Plans Massive Investment in Switch to Cleaner Energy

The Greek government approved on Thursday an ambitious plan to switch to cleaner energy hoping to generate investment worth about €44 billion over the next decade. The plan approved by the cabinet showed Greece will try to reduce its carbon...

Piraeus Bank Joins Multi-Million-Euro Investment Program for Greek Infrastructure

Piraeus Bank, Greece's biggest lender, announced on Wednesday that it will support a new 650-million-euro ($716 million) infrastructure investment program developed by the Hellenic Ministry of Development and Investments and the European Investment Bank. Piraeus Bank will initially use 32...

Top 4 Direct Foreign Investments in Greece for 2018

With the end of the third bailout program in August, foreign investments in Greece will continue stronger for the next years as the economic outlook appears more promising than in the crisis years. In this light, foreign giants continue to...

China's Energy Giant Enters the Greek Market

China Energy Investment Corporation, one of the world's largest power companies, signed a cooperation agreement with Greece's Copelouzos Group on Thursday for renewable energy and conventional electricity. Under the deal, the Chinese company will enter into the equity of wind...

Greeks Fight to Protect Majestic Rare Vulture

By Heini-Sofia Alavuo The bearded vulture (gypaetus barbatus) is one of the rarest raptors in Europe, and now Greeks on its mountainous island home of Crete are doing all they can to help this magnificent bird survive. Bearded vultures are categorized as...

Green Growth…Made In Germany

Recent statements by German Finance Minister Wolfgang Schaeuble on exports of Greek sun to his country were not occasional. According to weekly paper Kefalaio, this public statement was a continuation of formal and informal contacts so German companies to...

Over 230,000 Acres Reduced to Ash as Greece Continues to Fight Fires

More than 65,000 hectares (650,000 stremmata) of land have been burned completely by fires in three different parts of Greece.