Calamos Supports Greece

European Commission

Greece-Egypt Sign High Level Cooperation Agreement

Greece and Egypt signed an agreement on the establishment of the High-Level Cooperation Council in Cairo on Sunday. Greek Prime Minister Kyriakos Mitsotakis and Egyptian President Abdel Fattah El-Sisi made joint statements after signing the agreement. The Greece-Egypt bilateral agreement was...

Meta to End Cross-Messaging Between Instagram and Facebook

Starting in mid-December, Instagram and Facebook messages won't work together anymore. Meta recently updated some support pages with this information. After this change, you can't begin new cross-messaging chats between Instagram and Facebook. Any such previous conversations to which this...

Cyprus Investigates How Local Companies Help Russian Oligarchs

Cyprus law enforcement is investigating the attempted £1 billion (about $1.2 billion) stake transfer by a Russian oligarch on the day he faced EU sanctions. The inquiry is currently in progress, The Guardian reported. This revelation follows the disclosure that...

Israel-Gaza: Iran Warns Israel to “Stop Before It’s Too Late”

Iran has warned Israel to immediately halt its “war crimes” against Gaza, or it could face “a huge earthquake” of resistance, AP reports. Iran’s foreign minister on Saturday called on Israel to stop its attacks on Gaza, warning that the...

European Commission Staff Banned From Using TikTok

In a move that reveals escalating tensions between the West and China, the European Commission has banned the usage of the Chinese social media app TikTok by its employees due to security concerns. Authorities have until March 15 to remove...

Greek Economic Growth to Exceed Eurozone Average in 2023

Greek economic growth was solid in the first half of 2022 and it is projected to continue in 2022, 2023 and 2024, surpassing the EU and the eurozone average growth rates, the European Commission said in its winter economic...

WWF Accuses Greece of Failing to Protect Natura 2000 Sites

The World Wide Fund for Nature (WWF) has accused Greece of failing to adequately protect Natura 2000 sites. WWF Hellas, the Greek branch of the NGO, wants the European Commission to intervene and ensure Greek authorities comply with their environmental...

EU Commission Revises Forecast for the Greek Economy Downwards

The European Commission revised its forecasts for the Greek economy downwards on Monday, envisaging a GDP growth of 3.5 percent in 2022 and 3.1 percent in 2023 (from 4.9 percent and 3.5 percent respectively in its winter forecasts made...

West Launches Economic War Against Russia Over Ukraine Invasion

The West launched an unprecedented economic war against Russia over the weekend after its invasion of Ukraine. The ruble plunged to a record low of less than 1 U.S. cent in value Monday after Russia was cut off from the...

Greek Economy to Grow by 4.9 Percent in 2022, EU Says

The Greek economy is expected to grow by 8.5 percent in 2021, 4.9 percent in 2022 and 3.5 percent in 2023, the European Commission said in its Winter economic forecast report released on Thursday. It, therefore, revised upward its earlier...