Calamos Supports Greece

ELSTAT

Unemployment in Greece Drops Slightly to 24.6%

Greece's unemployment rate dropped slightly to 24.6 percent in November, down from an upwardly revised 24.7 percent in October, says the Hellenic Statistical Authority (ELSTAT). According to the figures released on Thursday, jobless Greeks reached 1.18 million people in November. The...

Visitors, Revenues to Museums and Archaeological Sites Up in Jan-Sept 2015

Visitors to Greek museums in September 2015 increased by 1.4 percent, and revenues from entrance tickets rose by 0.3 percent compared to the same month last year, the Hellenic Statistical Authority (ELSTAT) said on Friday. It also said that in...

Greek Hotel Industry Got a Boost in 2015

Greece recorded a 4.3 percent increase on arrivals and a 2.2 percent improvement in nights spent in hotels and other accommodations for the period of January-September 2015, compared with the corresponding period in 2014. According to ELSTAT a significant increase of 4.9 percent...

Capital Controls Continue Negative Impact on Greek Exports

The impact of capital controls imposed by the Greek government at the end of June is still felt by Greek exporters, ELSTAT says. According to October figures released by Greece's statistical authority, capital controls hurt all categories of products. The total...

German Newspaper: Greece Is a Country of the Jobless and Pensioners

Greece is a country of unemployed people and pensioners, as only one in three Greeks is an active member in the economy, says a Tagesspiegel report. The German newspaper says that there is no light at the end of the...

Greek Economy Faired Worse Than Initially Thought in the Third Semester of 2015

Preliminary figures compiled and released by the Hellenic Statistical Authority (ELSTAT) reveal that the initial estimations of the performance of the third quarter were optimistic. Initial estimations reported that the Greek economy shrunk by 0.4% compared to third quarter of 2014. The...

Food Prices in Greece Show Highest Increase Among EU 28

Despite the economic crisis, Greece shows the highest rise in food prices among the European Union's 28 member states, according to Eurostat. Figures released by the EU statistical authority show that food prices went up 2.9 percent compared to July,...

Greece One of the Worst Countries for the Elderly – 4 in 10 Greeks Over 60 by 2050

Greece is one of the worst countries for the elderly, ranking 79th globally and absolute last in Europe, according to an annual report by Help Age International. At the same time, the Hellenic Statistical Authority (ELSTAT) says that by 2050,...

ELSTAT: Numerous Tourists Choose Illegal Accommodations for Their Stay in Greece

The Hellenic Statistical Authority (ELSTAT) reports that based on 2014 data on tourist arrivals and overnight stay in various Greek hotels, it appears that the phenomenon of illegal accommodation sites is constantly growing in the country, causing great problems...

Greek Unemployment Rate Decreases Slightly in 2015 Second Trimester

The Hellenic Statistical Authority (ELSTAT) announced on Thursday that the Greek unemployment rate fell to 24.6% in the second trimester of 2015, from 26.6% in the year's first trimester. By the end of this year's second trimester 1,180,441 people were jobless while 3,625,545...