Calamos Supports Greece

ILO

ILO Finds Real Wages in Greece Fell by 3.5% in 2017

According to a study published by the International Labor Organization (ILO), real wages in Greece fell by 3.5 percent in 2017, the biggest decline recorded since 2013. This figure is the highest among the EU member states, with only Azerbaijan...

Greek Labor Minister Katrougalos Meets ILO Chief Ryder

Greek Labor Minister Giorgos Katrougalos met on Thursday with ILO General Director Guy Ryder at the Ministry. They focused on labor relationships as well as on labor issues such as collective contracts and mass layoffs. The Minister stressed that Greece should...

ILO Foresees Social Unrest in Greece and Cyprus

There are now over 10 million more jobless people in Europe than in the beginning of the crisis, according to a snapshot of the European labor market released by the International Labor Organization (ILO). The employment situation has continued to...

Posidonia Sea Tourism Sets Sail

According to ‘posidoniaseatourism’ official website, the 2nd Posidonia Sea Tourism Forum, will be held in Athens, on May 28-29. As with the 1st Posidonia Sea Tourism Forum, the conference will consist of specialized sessions on cruising, yachting and coastal shipping....

Greek Jobless Rate Seen Near 32% in 2014

Even as Greek Prime Minister Antonis Samaras has said he has saved Greece from bankruptcy and ruination by securing more loans from international lenders, the attached austerity measures are so devastating to society that they will raise unemployment to...

The Greek Anti-Labour Austerity Reforms Condemned

After the Council of Europe last month, the International Labour Organisation (ILO) considers that the measures adopted by Greece under pressure from the Troika (European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF)) erode workers’ most...

ILO Wants Greece to Restore Labor Rights

 The International Labor Organization, through it's committee of Freedom of Association, has complained that new austerity measures violate the rights of workers, as a Greek court also ruled but was ignored.  The ILO is a body of employers, employees...

ILO Sees Big Jump in EU Jobless if Greece Leaves Euro

In an interview given to the Munich-based newspaper Süddeutsche Zeitung, Ekkehard Ernst, a top economist for the Swiss-based International Labour Organization (ILO,) predicted that unemployment in the European Union, particularly the southern countries, would jump markedly if Greece leaves...