Calamos Supports Greece

National Confederation of Hellenic Commerce

Commerce Union: 60,000 Greek Businesses Requested Move to Bulgaria

The National Confederation of Hellenic Commerce President Vasilis Korkidis said that 60,000 companies have submitted requests to move their headquarters to Bulgaria due to the capital controls that have been imposed in Greece since June 28. During an interview with SKAI TV, Korkidis stated that the Greek government has been unable to...

Controversial Proposal for Tackling Unemployment

Centre of planning and Economic Research in Greece has proposed a controversial measure in order to deal with the problem of increasing unemployment in the country. The measure includes unpaid work for the young and unemployed up to 24 years...

Winter Sales Turnover Expected Down by 10%

Winter sales in Greece, which begin on Monday and will last until February 28, are expected to give a boost to the hard pressed retail sector. The National Confederation of Hellenic Commerce (ESEE), estimates that turnover during this period will be...

Cheaper Christmas Dinners for 2013

A survey conducted by the Commerce and Services Institute of the National Confederation of Hellenic Commerce (ESEE) has suggested that Greeks will spend on average, 2.51% less this year on the Christmas dinner. The survey was carried out between December...

Reactions On First Sunday Opening of Stores

The first “experiment” of Sunday shops opening that took place on Sunday the 3rd of November was proven successful, as the movement in many chain stores and supermarkets in Athens and Piraeus show consumers responded well to the opening...

Tourists Prefer Traditional Greek Products

Tourists and visitors are always potential consumers during their holidays, regardless of the time they stay at tourist destinations on Greek islands. They preferably choose Greek traditional products, while there isn’t any dominant trend concerning the way they combine their...

Labor Day To Be Celebrated On May 7

The Development, Competitiveness, Infrastructure, Transport and Networks Ministry took the decision to transfer Labor Day holiday on May 1, which this year falls during the Holy Week, to Tuesday May 7, after the Orthodox Easter.7. The day has been moved...

Dismal Holiday Sales for Greek Retailers

Hammered by austerity measures that have made Greeks slow spending almost to a standstill, and with transportation strikes preventing customers from getting into downtown Athens, Greek retailers are set to see Christmas and New York holidays sales drop at...

Companies Face "Annihilation" Amid Debt Crisis

Greece's recession-hit businesses face "annihilation", a leading chamber of commerce has warned, as a fatal combination of falling sales and job cuts meant the country was in its worst economic shape for 14 years. "Returning to 1984 purchasing power levels,...