Calamos Supports Greece

Greek News

Serbian Couple Busted for Selling Knockoffs in Greece

A couple from Serbia -- a 45-year-old man and a 40-year-old woman-- with the assistance of a Greek accountant set up a business selling knockoff merchandise in the Greek market. The fraudulent business generated big profits for the couple. Even the...

First Heatwave of Summer to Hit Greece in the Next Days

The first heatwave of the summer to hit Greece is expected within the next few days country with temperatures reaching 39C. The heatwave will initially hit Western Greece with temperatures escalating to 34C. On Wednesday temperatures will reach 36C-38C and on...

Greek School on Int'l List of Alternative Education

The Greek elementary School of Nature and Colors located in Fourfouras in the region of Rethymno, Crete, was included in the global list of alternative education schools along with the Summerhill, the Sands School, the Sudbury, the Waldorf, the Forest...

SYRIZA's Central Committee Adopts Alexis Tsipras' Strategy

SYRIZA leader Alexis Tsipras addressed the main opposition party’s Central Committee raising two dilemmas and calling on its members to decide whether they will let the government get worn out or try to cause early polls by preventing the election...

Remembering Andreas Papandreou, 18 Years Later

It was eighteen years ago, on June 23, 1996 that Andreas Papandreou, the man who founded a movement - the PASOK Socialists - and set in motion a runaway patronage scheme that bankrupted Greece, passed away. But he hasn't...

Greek Islands Eager to Satisfy Partiers

Greece’s islands are among the most popular holiday destinations in the world and offer a vast majority of activities to satisfy even the most demanding visitors. The islands’ 24/7 party culture attracts more and more visitors year by year,...

Hellenic Post Buyers Line Up

A privatization push to unload state enterprises under pressure from international lenders now has Greece's postal system, Hellenic Post (ELTA) on the block, with prospective buyers looking for a takeover despite another delay. The Troika of the European Union-International Monetary...

Greece Wins 1st Place in International Fireworks Competition

The dark sky over Brno Lak in the Czech Republic became the stage for a fireworks performance on June 18. Fireworks of different size and color created an impressive show, executing with utmost grace and precision the choreography of producer...

The Peacemakers of Crete

The 85 year-old Christos Chnaris from the Greek island of Crete, is considered a respected man as he has helped dozens of blood feuds (or so-called vendettas) to come to an end, as he has helped many rival families...

Pension Funds at the Edge of Bankruptcy

The social security system in Greece is in a bad shape, as the assets of the pension funds don't exceed 4.5 billion euros, except from the seamen's (NAT) and the farmer's pension funds (OGA). It is estimated that from 2016 the...

World Cup Coaches have Drastically Varying Styles

SAO PAULO (AP) — In the perfect picture of contrasting coaches' styles at this World Cup, Alejandro Sabella of Argentina stood near midfield dressed in a suit that looked appropriate for Wall Street, while Bosnia's Safet Susic stood nearby...

Greece Top Tourist Destination for Austrians

Greece is the favorite tourist destination for Austrians, according to an article published in the Austrian newspaper "Der Standard." Reports from Austrian travel agencies show a significant increase in bookings for Greece this summer. According to data from the biggest...

‘Little England’ Wins Golden Goblet in Shanghai Film Festival

The latest film of acclaimed Greek director Pantelis Voulgaris, “Little England,” triumphed at the 17th Shanghai International Film Festival, competing among 14 films for the festival’s top award. The Greek film won the Golden Goblet for best feature film, best...

Goalless Greece Takes on Resurgent Ivorians

FORTALEZA, Brazil (AP) — After a troubled start, the smiles are returning to West Africa at the World Cup. Nigeria has earned its first victory after a stalemate with Iran, and Ghana held Germany to a 2-2 draw after losing...

Coast Guard Seizes Another Ton of Heroin in Greece

Executing another top secret operation, the Hellenic Coast Guard  discovered and seized about 986.6 kg of heroin on June 22. The heroin was found in a warehouse in the suburb of Koropi, Attica and is related to the drug cartel case, whose members were arrested...