Calamos Supports Greece

greece news

Second Firefighter Dead in Cyprus Raging Blaze

A second firefighter lost his life during the blaze that is ravaging the area near the villages of Spilia, Kannavia and Hagia Irene in Cyprus and continues for the third day. Marios Aristotelous succumbed on Monday and he is the...

Greek Authorities Investigate Ericsson Staff Over Corruption Scandal

On Sunday the Swedish telecom giant, Ericsson, announced that Greek authorities have summoned seven unnamed former employees on suspicion of corruption. The announcement comes just days after the company stated that the U.S. Securities and Exchange Commission is spearheading a...

Greeks Pen Open Letter Supporting a Brexit Invoking WW2, Struggle for National Sovereignty

According to zerohedge.com, the Amesi Dimokratia Pressa in Greece has penned an open letter in support of UK choosing a Brexit and leaving the EU. The group is made up of "political parties and groups, as well as from the cultural...

Eurostat: Job Vacancy in Cyprus at 1%

The job vacancy rate in Cyprus stood at 1% during the first quarter of 2016. This is one of only three decreases in the EU, by 0.1 percentage points compared to last year. Meanwhile, in the euro area (EA19) job...

Greece Sends Aerial Assistance for Major Forest Fire in Cyprus

Greece has sent aerial support to Cyprus to help battle a major forest fire that has broken out in Cyprus' Troodos mountain region on Monday. At this time it is believed to have been started accidentally by a 12-year-old boy...

Matala Beach Festival 2016 Attracts Record Breaking Crowds [video]

Over the weekend the Matala Beach Festival 2016 took place in Matala on the Greek island of Crete. The attendance truly exceeded expectations and provided Matala with many tourists as visitors packed onto the beach and the camping grounds filled with...

Sailing Theater Troupe Tour Reaches Greece, Performs at Refugee Camp on Lesvos

Italian director Michele Losi, helped initiate a European Union-sponsored theater endeavor, to have a theater troupe sailing the Mediterranean, performing in various countries. Most recently they have performed for refugees on the Greek Island of Lesvos. For the past two summers, the...

Airport Passenger Traffic in Athens Increases by 8.9%

So far the 2016 tourist season in Greece has exceeded expectations as well as previous year's levels. Both domestic and international visitors have increased traffic at Athens International Airport (AIA). In May alone the traffic numbers reached 1.8 million passengers, a 8.9...

ESM’s Regling and Commission Chief Juncker Visit Athens on Tuesday for a Series of Meetings

Tuesday morning the European Stability Mechanism (ESM) chief Klaus Regling is due to visit Athens and meet with Greek Finance Minister Euclid Tsakalotos. Tsakalotos and Regling are expected hold a conference following their meeting. Last Friday the ESM approved the release of...

Prince Tribute Kicks Off the Athens Open Air Film Festival 2016

Athens Open Air Film Festival 2016 event turns six this summer, kicking off on June 21 with the projection of the 80’s blockbuster Purple Rain (1984), a movie by Albert Magnoli. This is the first time in three decades that the...