Calamos Supports Greece

Greek News

Greek App Taxibeat Close to Being Bought by Daimler for €40 Mln

According to unconfirmed information, the Greek application Taxibeat is very close to being acquired by Daimler subsidiary MyTaxi, at about 40 million euros. German giant Daimler, best known for Mercedes-Benz and Smart vehicles, is investing in new technologies for automotive...

Decisions of Greek Justice are Self-Evidently Binding, Says PMs Office

The separation of powers is enshrined in the Greek Constitution and court decisions are binding for the government, the prime minister’s office said in a press release on Friday, responding to Thursday’s ruling of the Supreme Court which turned...

Two Talented Greek Architects Beat Out Competition With ‘Flatiron Sky-Line’ Installation in NYC

The iconic Flatiron Building on the corner of 5th Avenue and Broadway in downtown Manhattan once stood as the tallest building in the city. Built in 1902, the building was recently the subject of a competition which was won by...

Medical Tourism Is a Golden Opportunity for Greece

The necessary institutional interventions that will help the development of medical tourism in Greece dominated the recent meeting of the Department of Medical Tourism of the Scientific Research Institute of the Panhellenic Medical Association Research. During the meeting, the...

ND Leader Mitsotakis Reiterates his Demand for Elections

Main opposition New Democracy (ND) leader Kyriakos Mitsotakis on Friday said he is ready to lead the country out of the crisis and reiterated his demand for elections. "I am ready. We are ready to struggle, in a credible and...

Dombrovskis: 'Not Helpful' to Return to Economic Instability When Greece Was on Verge of Growth

To return to a period of economic instability and fruitless discussion on the Greek program at a time when Greece was once again on a path to growth was not helpful, European Commission Vice-President in charge of the Euro...

Parliamentary Budget Report: More Delays Could Cost Greece 4th Memorandum

The latest report from the parliament’s budget office is not favorable for the Greek government and its negotiating tactics. The report warns that any further delays in the completion of the second review would lead to a fourth memorandum,...

Hellas Gold Starts Operations of Olympiada Gold Mine in April

Hellas Gold plans to begin operation of its mines in Olympiada Chalkidiki in April, the company's officials told reporters, adding that the official opening will be in June at a ceremony which will include invitees Orthodox Patriarch Bartholomew and...

Turkey Threatens Annulling EU Migrant Deal if Greece Doesn't Extradite Soldiers

On Friday Turkey's foreign minister, Mevlüt Çavuşoğlu made a statement of veiled threats to annul the EU-Turkey migration deal if Greece does not allow the extradition of the eight Turkish officers who fled Turkey for Greece following July's failed...

ICAP: Private Health Services Sector Continues to Shrink in Greece

Greece's private health services market size shrank for the fourth successive year in 2016, a survey by ICAP Group SA on Private Health Services, said. In recent years, the income of private health service providers were negatively impacted by the...

Farmers Protest Over Austerities by Blocking Roads, Threaten Closure of Border Crossing

Protests took place on Friday throughout various parts of the national highway in Greece. They were led by farmers who are rallying against the government's latest increase to the tax and social security contribution payments. Road blocks by farmers took...

UNHCR High Commissioner Lepri: Greece has Ignored Proposals for Helping Migrants at Camps

On Thursday Giovanni Lepri of the United Nations High Commissioner for Refugees spoke to reporters claiming that the UN had given Greece's Migration Ministry three proposals on three different occasions detailing how to deal with the overcrowded migrant reception...

Tsakalotos: IMF’s Requirements Side-Line European Democratic Values

The demands put forward by the International Monetary Fund (IMF) which require that Greece legislates now for measures that will be implemented after the end of the current bailout program are side-lining democratic values, Finance Minister Euclid Tsakalotos said...

Turkey Issues New Demand to Greece for Extradition of 8 Officers

On Friday, CNN Turk reported that the Turkish Authorities have issued new demands to Greece for the extradition of the eight Turkish officers that fled Turkey following the failed military coup last July. Turkey's Foreign Ministry reacted to the Supreme...

Nick ‘The Greek’ Georgoulas Defeats 6 Hall of Fame Players to Win Australian Poker Hall of Fame Classic

Nick "The Greek" Georgoulas walked away from the The Australian Poker Hall of Fame (HOF) Classic a winner this year, adding to his personal earnings of almost $285,000 in live tournament winnings, according to Casino News Daily. There were 125...