Calamos Supports Greece

Greek GDP

Finnish PM to Reject any Greek Debt Forgiveness

Finnish Prime Minister Alex Stubb has warned in an interview with the Financial Times today that his country is ready to give a "resounding no" to any move to forgive Greece's debt, putting his country's government on a collision...

Film Industry Could Lead to Greek Economy Growth

A new study conducted by the Foundation for Economic and Industrial Research (IOBE) think tank and the Hellenic Film Academy (HFA) suggests that Greece needs to offer incentives to domestic and foreign film production companies so that they wish to shoot within the country....

Greek GDP Growth Revised Upwards to 1.9 pct in Q3‏

The Greek economy grew by 1.9 pct in the third quarter of 2014, up from an initial estimate for a 1.7 pct growth rate, a crucial step towards achieving a 0.6 pct growth rate in 2014 and paving the...

Greek AIC per Capita at 82 pct of EU Average in 2013‏

According to data released by Eurostat, the actual individual consumption per capita (AIC) in Greece totaled 82 percent of the EU average in 2013, while the country’s average per capita GDP totaled 75 percent of EU average. In a report,...

Greece's Debt Isn't Solved

A progress report on the new EU mechanisms set up for “supervision and solidarity” in the post bailout program era, addresses the tight fiscal and regulatory framework in which Greece is asked to deal with its persistent economic and...

Greek Economy Shrinks by 6.2 Percent

Greece΄s economy contracted 6.2 percent in the second quarter as belt-tightening to slash deficits continued to take a toll, hampering efforts to meet targets set by the country΄s international lenders for continued bailout funding. Currently in its fifth consecutive year,...

GDP Falls by 6.5 Percent in 1st Q 2012

Greece's statistics agency says the country's economy contracted by 6.5 percent in the first three months of the year compared to the same period in 2011, as Athens struggles through a financial crisis that has left it mired in...

Greek GDP to Fall by 4.5 Per Cent

Greece's central bank warned in its annual report that the country's GDP will contract by 4,5% this year. Greece is expected to enter a fifth straight year of recession in 2012, and the economic recovery is likely to start only...

Greek GDP shrinks by 7.0% in Q4 2011

The Greek economy shrank by 7.0 percent in the fourth quarter of 2011, compared with the corresponding period in 2010, Eurostat announced. The EU executive statistics agency, in a report published here, said the Eurozone economy grew by 0.7 percent...