Calamos Supports Greece

Crisis

IMF to Greece: Implement Agreed-Upon Cuts

The necessity of the implementation of cuts already agreed to by the Greek government, including pension cuts and the lowering of the tax-free income threshold, was reiterated by the International Monetary Fund’s spokesperson in Washington. Gerry Rice said that it...

Greek Man Attempts Suicide in Electric Company Offices due to Inability to Afford Bill

Citing an inability to pay, a man swallowed a handful of pills inside the Public Power Corporation office in the city of Patras upon finding out the monthly installment amount he was due to pay for his overdue bill. According...

Only Venezuela Lost More Money Than Greece in 2007-2017

Only crisis-hit Venezuela was ahead of Greece in terms of losing money in the ten years prior to 2017, new research claims. According to New World Wealth analysts' report, Greece came second on a list of countries which had the...

Mitsotakis Stresses Need to Support Businesses with Fiscal Incentives

Main opposition New Democracy leader Kyriakos Mitsotakis on Sunday during his speech to a conference on workers and the unemployed stressed the need to support businesses with fiscal incentives and reduction of non-wage costs. His statements followed the speeches of...

Tsipras: 'A Day to Honor the Thousands of Citizens That Resisted the Dictatorship'

The 43rd anniversary since democracy was restored in Greece coincides with the final restoration of economic stability and the recovery of the country, Prime Minister Alexis Tsipras said in a message on Monday marking the toppling of the seven-year...

BoG Study: From 2008-2016 Greek Households Saw a 37.5 % Decline in Wealth

On Wednesday a study published in the Bank of Greece’s Economic Bulletin revealed that Greeks have seen their salaries shrink considerably in the period between 2010 and 2016. The study showed that in Greece annual households disposable income decreased by...

Greek Crisis Sees Increase in Deaths Due to Medical Errors

The onset of the economic crisis in Greece has resulted in an increase in deaths due to medical errors, according to a new analysis by researchers at City, University of London, Surrey University and Stanford University that was published...

Clashes and Fires on Lesvos as Refugees Demand to Leave Moria [video]

Hundreds of citizens of Moria camp as well as those of other regions north of Lesvos (Mytilene) have been protesting around the island, at the municipality, the North Aegean Periphery and the General Secretariat of the Aegean and Island...

Greek Crisis Sees Surge of Passenger Traffic That Doesn't End Up in Hotels

The Eleftherios Venizelos Athens International Airport's (AIA) data and the data of hoteliers found that ten percent of passenger traffic was unaccounted for as it did not end up at a hotel. The study lead to the conclusion that...

Kyriakos Mitsotakis: Need for a Different Policy Mix to Escape the Crisis

Main opposition New Democracy leader Kyriakos Mitsotakis stressed the need for a different policy mix to get the country out of the crisis. Mitsotakis, who was speaking at a conference organized by Naftemporiki newspaper, accused the government that it sinks...