Calamos Supports Greece

Greece

Greek State losing 7.5 Billion from Motorways

As revealed in a report by the General Accounting Office, the Greek State loses 7.5 billion euros, according to the terms of the new contracts for motorways and road tolls. The General Accounting Office reported that the amounts that the...

The Rio-Antirrio Bridge: an Engineering Marvel that Changed Greece

The Rio-Antirrio Bridge was opened on August 7, 2004 one week before the opening of the 2004 Summer Olympics in Athens. Within almost two decades, it changed the economic landscape in Greece. The Rio-Antirrio bridge, which connects the Peloponnese with...

Greece Listed Among Best Places to Retire by Global Retirement Index

Does 2023 mark the year you plan to retire? If you answered yes, and especially if the idea of retiring abroad appeals to you, then the 2023 Annual Global Retirement Index list of the best locations to retire, compiled...

Kalymnos Climbing Festival Kicks off on Friday

A large number of climbers from all over the world will participate in the Climbing Festival of Kalymnos that will take place on the Aegean island on October 5, 6 and 7. This year's program includes presentations, climbing lessons, deep...

Here Are 13 Essential Tips on How to Drive (Safely) in Greece

While Greeks may have a bad reputation as drivers, recent statistics show that things are gradually improving. The facts: Although the country still has one of the highest rates of traffic-related deaths proportionate to its population in the European Union, fatalities...

Greek Government Under Fire for Decision to Increase Highway Speed Limit

The Ministry of Infrastructure and Transport's announcement to increase the speed limit on motorways; as part of the reform of the Road Traffic Code, has been met with great backlash from the Greek public. Minister Christos Spirtzis recently stated that...

Tsipras Says Greece's Adjustment Program will be Completed on Time

Greece's adjustment program will be completed on time and will end a long and painful era for the country and society, Prime Minister Alexis Tsipras said in a speech at the 2nd Thessaloniki Summit on Friday. "The Greek economy is...

French Businesses Pump Up Talk About Heavy Investments in Greece

French businessmen, icluding the CEOs of Total and Vinci, who are accompanying president Macron on his official visit to Athens, are pumping up negotiations for a series of investment in Greece. Total expects approval from the Greek parliament by the...

Rio-Antirrio Bridge: 13 Years since the Engineering Marvel Transformed Western Greece

Since its opening in August 2004, the Rio-Antirrio bridge has changed the economic landscape of western Greece, says a new study published on the 13th anniversary of its opening. The bridge was inaugurated on 7 August 2004, a week before...

American Alien Invader Plant Taking Over Greek Local Species

An alien species, a plant invader that was named "German," is spreading rapidly displacing the local species and threatening protected areas while the fight against it is extremely difficult because the plant is working as a Hydra. Professor in the...

SETE: 'Increase in Taxes Hurt Greece's Touristic Competitiveness'

The Association of Greek Tourism Enterprises (SETE) has estimated that the additional taxes imposed over the last 12 months, have reduced Greece’s competitiveness in the sector of tourism by 10%. This was revealed in the first issue of a new series...

Tsipras: Greece Will Complete the Agreement

Greek Prime Minister Alexis Tsipras appeared optimistic on Wednesday afternoon about the agreement he made with international creditors, after meeting with Alternate Infrastructures, Transport and Networks Minister Christos Spirtzis. "Despite the obstacles that some attempt to set on our way,...

Greek Economy Minister: Agreement with Lenders Within the Next Days

Greek Economy Minister George Stathakis appeared certain that an agreement with Greece ’s lenders will close within the next days, in an interview to the Sunday edition of Eleftheros Typos newspaper. The minister left open the possibility of a special...

Antirrio-Ioannina in Less Than 100 Minutes

Motorway 5 or 'Ionia Odos' that connects Antirrio to Mesologgi, Agrinio, Amphilohia, Arta and Ioannina in western Greece, is a long anticipated roadworks underway that will change Western Greece, Epirus and Peloponnese when completed. Ionia Odos is considered one of...

Toll Increase of up to 60% in Greece

The route from Athens to Thessaloniki is going to cost more than 56 euros. New toll increases are coming in 2014, with the new tariffs to be applied in all motorways. It is indicative that the tolls on the route...