Calamos Supports Greece

imminent closure

Half of Small Greek Businesses on Brink of Closure

The combination of increased financial obligations and reduced income is driving small businesses in Greece to the verge of closure, new research shows. According to a study by the Small Enterprises’ Institute of the Hellenic Confederation of Professionals, Craftsmen and...

Mitsotakis' Decisions Deemed Unconstitutional

The Greek Minister of Administrative Reform and e-Governance Kyriakos Mitsotakis has received a double legal slap, from both the Council of State (CoS) and the legal department of the Greek parliament, on some critical legislative initiatives he is proposing. In...

Eleftherotypia Newspaper to be Included in Article 99 of Hellenic Bankruptcy Code

Eleftherotypia, which is one of the largest newspapers in Greece, is facing potential closure. Eleftherotypia publisher Mania Tegopoulou filed for protection from the daily's creditors under Article 99 of the Bankruptcy Code. The Code stipulates that employees and other interested...

Greek Studies Program at Melbourne University Faces Closure

The only Greek Studies Program at La Trobe University faces an imminent closure due to poor financial conditions. During a speech to the Greek Orthodox Community of Melbourne and Victoria, Greek Studies Lecturer Maria Herodotou said that teaching staff's contracts at...