Calamos Supports Greece

Economy

Price of Bitcoin Drops to Nearly Two-Year Low

The price of bitcoin has fallen significantly this month with the value of the cryptocurrency reaching a 22-month low on Monday. Bitcoin's price has now dropped to $32,338.60 (30,627.89 euros) as of Monday evening, a slump which amounts to the...

US House Passes $1.5 Trillion Spending Bill as Inflation Soars to 7.9%

The US House passed a $1.5 trillion spending bill which will keep the government funded  until September. The nearly 3,000-page bill passed with bipartisan support in the House, and will now make its way to the Senate. Shalanda Young, White House...

Unemployment in Greece Falls to 11-Year Low in December 2021

Greece's unemployment rate fell to 12.8% in December 2021, marking a significant decline over December 2020's 13.4% and November 2020's 15.5%, according to official figures released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. During 2021, Greece experienced wild swings...

Greek Sea Cucumbers Could Be Next Delicacy

Greek sea cucumbers may soon be on the menus of restaurants around the world. Although they are delicacies in some cultures, many people have no idea that the sea creatures are even edible. Fishermen on the Dodecanese islands in Greece...

Greece Promises Billions in Aid for Fire Victims, Reforestation

Greece's Minister of Finance and other officials announced details regarding aid for fire victims on Tuesday afternoon.

Greece’s Piraeus Bank Optimistic for the Future

One of Greece's largest banks, the Piraeus Bank, issued a statement on Wednesday regarding its performance so far in 2021.

Amazon Rules Out Possibility of Accepting Bitcoin Payments

Amazon, the American multinational technology company, ruled out recently the possibility of accepting payments with Bitcoin.

Tax Havens: Why the G-7 Effort to End Them is Unlikely to Succeed

Tax havens are characterized by applying a tax regime that is especially favorable to non-resident citizens and companies.

IMF: Economy of Greece to Bounce Back Significantly in 2022

The economy of Greece is projected to grow by 5.4 per cent in 2022, the International Monetary Fund (IMF) said.

Bitcoin: El Salvador’s Grand Experiment

El Salvador has become the first nation to adopt the Bitcoin as legal tender, this marks a change in the reputation of the cryptocurrency.