Calamos Supports Greece

EU funds

The EU Offers Greece €2.25 Billion to Recover From Deadly Floods

Greece will receive up to €2.25 billion ($2.4 billion) in EU funds in an effort to recover from last week’s devastating floods and the deadly fires in Evros, European Commission President Ursula von der Leyen announced on Tuesday. “I am...

Greece's Prosecutor Launches Probe on Alleged Mismanagement of EU Refugee Funds

Greece's Supreme Court Public Prosecutor, Xeni Dimitriou, ordered the start of a preliminary investigation into press reports about the alleged mismanagement of funds given to Greece by the European Union to cope with the refugee and migration crisis on...

EU Slashing Funds to Eastern Europe to Increase Spending on Migrant Issues

According to Reuters, on Monday the European Union (EU) agreed to slash funding from  EU's 2017 budget for poor regions to reallocate spending to manage the migrant crisis impacting the EU. The result of slashing funds to poor regions of the EU bloc...

EU Commissioner Visits Migrant Reception Center

Public Order Minister Vassilis Kikilias and Merchant Marine Minister Miltiades Varvitsiotis accompanied visiting European Home Affairs Commissioner Cecilia Malmstrom on a tour of a new migrant reception center on the eastern Aegean island of Lesvos. Malmstrom will also meet with...

EU Commission: Long Greek Recession Can End Next Year

Greece will enter its sixth year of recession in 2013 but will start to come out of it in the second half of the year, leading to a modest expansion in 2014, the European Commission said Wednesday in its...