Calamos Supports Greece

Economy

EU Extends Post-Program Framework for Greece by Six Months

The European Commission announced on Wednesday its decision to extend its "enhanced surveillance framework" for the nation of Greece by six months. This decision was adopted by the European Commission under EU rule No 472/2013, which is also called the...

PM Tsipras Calls Greece ''European Example of Success''

A cabinet meeting was held on Wednesday morning in Athens, following the mini-reshuffling of the government which took place a few days ago. The Greek Prime Minister Alexis Tsipras welcomed the new members of his government, telling them that it's...

Officials Warn Greece Might Not Get EU Cash After Reform Delay

Eurozone officials warned on Monday that Greece is on the brink of missing out on the first installment of approximately €750 million from the debt-relief scheme that was agreed on a few years ago. The Greek government has significantly delayed the implementation...

Israeli Tourism to Greece Flourishing as Bilateral Relations Warm

A large number of tourists from Israel are expected to visit Greece in 2019, as the two countries have formed a new, strategic relationship with cooperation in various fields. The Greek Ministry of Tourism has already outlined its strategy to...

Greek Government to Subsidize Rent For 300,000 Poor Families

The Greek Ministries of Labor and Finance are expected to co-sign a framework to establish a rental subsidy plan for more than 300,000 families having low incomes. Applications for the new program will be submitted online, and the Greek Government's...

Greece Will Receive €1 Billion of Profit Returns on Greek Bonds

Greece is expected to receive €1 billion ($1.13 billion) of profit returns on Greek bond holdings in 2019, the Managing Director of the European Stability Mechanism Klaus Regling stated on Monday. While addressing journalists after the conclusion of the Eurogroup meeting,...

Fraport Greece Reports Increasing Number of Flights at Regional Airports

The number of passengers travelling to Greece's regional airports was up by 12.3 percent in January of 2019 compared to January last year, according to a statement issued by Fraport Greece on Monday. Passengers who came to Greece from abroad...

A Total of €2.9 Billion To Be Invested in Athens' International Airport

The Greek Parliament will vote next week for a twenty-year extension of the ownership agreement of the International Airport of Athens, for the period between 2016 and 2046. The new contract will include further investments for the airport, up to...

Port of Piraeus Signs Agreement With Italian Ports

The Greek port of Piraeus signed a memorandum of understanding with Italy's port authorities from the cities of Venice and Chioggia on Monday. The agreement seeks to develop port services and promote increased trade between Europe, the Mediterranean and the...

Cyprus First, Greece Third in Reception of European Social Funds for 2018

The Republic of Cyprus ranked first, and Greece third, among EU member states in  cumulative payments made from the European Social Fund in 2018. This disclosure comes from a statement made by the Cypriot Labor, Welfare and Social Insurance...