Calamos Supports Greece

insolvency

SEKAP Tobacco Company Gets Temporary 3-week Stay in Debt Collection

After a few weeks of public turbulence with its board threatening with a total shutdown of operations, the troubled SEKAP tobacco company received a short stay in debt collection by a Greek court. The company was granted a temporary stay...

New Study Forecasts Increase in Greek Insolvencies in 2015 and 2016

Atradius, a trade credit insurance company, released an insolvency forecast report for 22 advanced economies on Thursday. Among the reports findings is the Eurozone's persistently high insolvency rates. “Despite the modest improvement, insolvency levels in the eurozone are still 75% higher...