Calamos Supports Greece

Vassilis Korkidis

Trade Board: Moderate 2-2.5% Rise in Christmas Sales

Sales rose by 2.0-2.5% over Christmas, not in the double digits, president of the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) Vassilis Korkidis wrote in a tweet he posted. "Anyone who thinks Christmas turnover came to a utopian 20-25% is...

Greek Shops Οpen for Mid-season Sales Sunday, Amid Protests

Most shops in central Athens, Greece , were open on Sunday, under laws allowing Sunday opening during the mid-season sales, despite reactions on the part of the Federation of Private Employees of Greece against the measure and demonstrations organized...

'I Fear that Our Troubles do not End with the Election Result,' ESEE Head Korkidis says

The business world is asking the new Greek government for a comprehensive development program, which will aim, among others, to boost liquidity, adopt a stable tax system, enhance the extrovertness and competitiveness of Greek businesses and of course support...

Greece Will Allow Sunday Store Openings

With more than 68,000 businesses closed in the last three years of a crushing economic crisis, the Greek government is planning to submit a bill that will let small stores be open on every Sunday and for department stores...

Companies Face "Annihilation" Amid Debt Crisis

Greece's recession-hit businesses face "annihilation", a leading chamber of commerce has warned, as a fatal combination of falling sales and job cuts meant the country was in its worst economic shape for 14 years. "Returning to 1984 purchasing power levels,...

Greece to Press on With Austerity as Businesses Slam Troika Visits

Greece is to redouble its efforts to reach a deal with its creditors so that the loans it needs are handed over, the country's finance minister said in an interview published Saturday. "We have completed 90 percent of the road...