Calamos Supports Greece

Society

Only 38% of Employed Greeks Can Go on Vacation

Three in four employed Greeks have lost part of their income in the last year, 1 in 3 indicates a further reduction of their income in the last three months and 4 in 10 employed Greeks fear a further...

Minimum Guaranteed Income Trial Period Begins in Greece

The minimum guaranteed income will start being offered on a trial basis by the beginning of September, with its universal application scheduled to begin within the first half of 2015, Greece's Labor Ministry sources said on Wednesday. This was agreed...

Immigrant Fruit Pickers Strike Over Ill-Treatment

After many delays in payment, inhumane living conditions and racist treatment by the Greek Police, 800 immigrant farm workers of mainly Pakistani origin proceeded with a strike last week in the town of Skala, Peloponnese, in southern Greece. The strike began on July 3 and...

Man Who Accused Doctor of Bribery Passed Away

The patient who accused the 60-year-old heart surgeon and director of Evangelismos Hospital, Greece, for bribery, passed away in the hospital. The 67-year-old man, whose story came to light last Thursday, passed away on Monday, July 14 in the Intensive...

Viewers Tired of Greek TV Programs

Panagiota Fotou is so fed up with bad news on Greek free television that she’s willing to pay for programs that help her forget about her country’s economic woes, as she stated at Bloomberg report. “People are tired of crisis-related...

Employees in Greek Stores on Strike

The Federation of Greek Private Employees (OYIE) has announced a 24-hour strike on Sunday, July 13, in response to the opening of stores on Sundays in ten regions of Greece. The Federation of Greek Private Employees, the National Confederation of Hellenic Commerce (ESEE)...

Greek Unemployment Rate Unchanged at 27.3% in April

Greek unemployment rate was 27.3% in April this year, unchanged from March, but slightly down from 27.5% in April 2013, with the number of unemployed totalling 1,303,454 and the unemployment rate among young people -aged up to 24 years...

Crete: German Builds Houses With Mud and Blue Cheese

The 63-year-old German engineer, Mario Zomer, does not require the help of the Greek government, Troika or the government of his native country. He was trained as an electrical engineer in Berlin and for two decades has been walking in...

Greek Cyber Crime Unit Hires Two Young Hackers

The Greek Cyber Crime Unit recently managed to capture two hackers messing with Facebook, receiving a thank you note from the social network’s representatives. It appears, however, that this unit has made several innovative decisions without holding back as other...

Greece's Population Decreased

According to Eurostat figures, population in Greece was 11.062 million on January 1, 2013  and dropped to 10.992 million on January 1, 2014. The new figures show that during the previous year, births in our country amounted to 94,100, while...

USA Today: Greek Bureaucrats Resemble Those of Soviet Union

There are poor people, there are successful people and in between there are bureaucrats. It is not the first appearance of this New Class in world history. At the moment, it resembles a social class that used to exist many...

ICAP: Women in Greece Are Becoming More Successful

We may be living in an era where real equality between men and women has yet to be achieved, however a recent research by ICAP showed some positive signs. According to a report from Greek newspaper "Ta Nea", the number of women working...

Social Dividend Distribution in Greece

An additional 165 million euros will be allocated as "social dividend" to 250,000 households in Greece next week. Since April 17, when the first applications were submitted and until the June 30 deadline, 576,000 applications have been approved while...

Greek Betting Company OPAP Offers Voluntary Redundancy Program

Greece’s betting company is offering a voluntary redundancy program to its 900 employees. Last year a majority stake in OPAP was sold to Czech-Greek fund Emma Delta, marking the country's first major privatization, as indicated by the Troika of...

Power Cuts Without Warning in Greece

Hellenic Electricity Distribution Network Operator S.A. (HEDNO) repeated warnings that a strike by Public Power Corporation (PPC) workers on Thursday may necessitate rolling blackouts, if the power system is threatened with collapse. From the beginning of the strike action (midnight),...