Calamos Supports Greece

Economy

Europe Braces for Mobile Network Blackouts

Power outages or energy rationing could cause blackouts to a portion of the mobile networks throughout Europe, International Business Times (IBT) reveals. As a result of Russia's decision to stop gas delivery through Europe's primary supply route due to the...

Google to Create 20,000 New Jobs in Greece

Google's investment in cloud services in Greece could contribute over two billion euros to the Greek GDP by 2030 and create twenty thousand well-paid new jobs, PM Kyriakos Mitsotakis said on Thursday speaking at the event for the presentation...

Google to Open Cloud Service Hub in Greece

Following Microsoft’s and Amazon's investments in Greece, Google is also proceeding with the development of state-of-the-art infrastructure and a regional cloud service hub. An official announcement on Google’s investment plan is scheduled to be made on Thursday by Google Cloud...

Greece Sixth for Most Cryptocurrency ATMs in European Union

Even with little awareness of cryptocurrency and blockchain technology, Greece ranks sixth in terms of the number of cryptocurrency ATMs. This is out of twenty-seven European member states. There are currently sixty-four active ATMs for usage, mostly concentrated in the...

Greek Fishermen Launch Initiative to Deal With Marine Pollution

Greek fishermen recently launched an initiative to prevent marine pollution and protect fish stocks. The ''Amorgorama'' initiative seeks to adopt and manage a more sustainable way of dealing with marine pollution and overfishing in the Aegean. The program is an...

Rockefeller International: Greece’s Economy Among ‘Seven Wonders’ of the World

Greece's economy is among the seven wonders of the world, Ruchir Sharma, Chair of Rockefeller International writes in the Financial Times. He says that Greece defies the prevailing pessimism on the economic prospects throughout the world. The other six nations...

Greek Tax Authority Launches Receipt-Checking App for Consumers

A receipt-checking app created by the Greek Tax Authority enables consumers to verify the authenticity of cash register receipts they obtain.

Greece, China Celebrate 50th Anniversary of Diplomatic Ties

The 50th anniversary of Greece-China diplomatic relations was celebrated with a special event, attended by hundreds on Thursday evening, at the Zappeion Hall in central Athens. The event was also held in celebration of the 73rd anniversary of the founding...

Single-use Plastics Banned in Cyprus

Cyprus is taking an important step towards sustainability by banning single-use plastics, according to a law that is set to come into effect on October 1st. As a result, products such as plastic cotton swabs, cutlery, and plates among other...

July Becomes a Record-Breaking Tourism Month in Greece

Despite the waning COVID-19 pandemic and the political turmoil the EU is currently facing with the Russian invasion in Ukraine, July was a record-breaking month for tourism in Greece. July saw a high flux of tourists arriving in the...

Greece Set to Become Next Engineering Hub for Tech Company Mysten Labs

Mysten Labs, a tech company based in California, has set its sights on Greece as its engineering hub in Europe. Co-founded by two Greeks, Kostas Chalkias and George Danezis, the Web3 infrastructure designers are looking to attract even more...

Greek Budget Revenues Exceed Targets in August

Greek budget revenues exceeded targets by 1.4 billion euros in August and by 5.6 billion euros in the January-August period, according to data released on Friday. Commenting on this development, Alternate Minister Theodore Skylakakis said: "Tax revenue significantly over-performed in...

Greek Premier Mitsotakis in Pre-Election Spending Spree Pledge

The Greek Premier Kyriakos Mitsotakis launched the 86th Thessaloniki International Fair with a pre-election shopping spree pledge.

Telecom Conglomerate United Group to Invest $2 Billion in Greece

On Thursday, Telecom conglomerate United Group announced plans to invest $2 billion worth of investments in Greece up to 2027 in order to upgrade the telecoms infrastructure. According to a government announcement, United Group's investment plan foresees the installation of...

Greece’s GDP Expands by 7.7% in the Second Quarter

Greece's gross domestic product (GDP) expanded by 7.7 percent in the second quarter compared with the same period in 2021, data showed on Wednesday. According to the Hellenic Statistical Authority, GDP increased by 1.2 percent in the second quarter of...