Calamos Supports Greece

subsidies

Greece Braces for ‘Worst Winter Since 1942’ Due to Energy Crisis

Due to the energy crisis, Greece is bracing for the most difficult winter since 1942, the darkest year of the German occupation, a minister warned on Saturday. Minister of Development and Investment Adonis Georgiadis advised Greeks to seek alternative ways...

Greece Grants $452 Million in Energy Financial Relief

Greece extended the financial relief offered to businesses and households due to the rising energy costs on Friday. PM Kyriakos Mitsotakis announced that the government will allocate another 400 million euros ($452 million), covering a significant part of the increases...

Greek State to Subsidize Ferry Routes to Islands To Keep Connection Alive

Greece's Ministries of Shipping, Finance, and Growth announced recently that the state will subsidize all ferry connections between the country's mainland and its islands, in order to keep the minimum amount of cohesion across the country, despite the coronavirus...

European Commission to Return €280 Million in Subsidies to Greece

The European Commission must now reverse part of its agricultural policy and return approximately 280 million euros to the Greek state in the near future. This was decided on Friday by the European Union's Court of Justice, after Greece had...

Report Says Billions Spent on Fossil Fuel Subsidies in Greece

A new report by the World Wide Fund for Nature (WWF) published on Tuesday blasts the nation of Greece for planning to introduce new subsidies for fossil fuels. The report, also signed by the Overseas Development Institute and Friends of...