Calamos Supports Greece

Greek News

Crisis in Turkey Starts to Affect Greek Economy

The Greek economy has started feeling the impact of the crisis in neighboring Turkey, as the Athens Stock Exchange showed a 3 percent plunge on Monday while Greek bond yields moved in the opposite direction. As Greece is getting ready...

How Local Greek Goldsmith on Rhodes is Keeping a Dying Art Form Alive

The setting of the medieval cobblestone streets of Old Town on the Greek island of Rhodes is where one Greek goldsmith is keeping the dying tradition alive. Local jewelry-maker Nikos Vassilaras uses hand tools to sculpt and engrave his pieces of...

AEK, PAOK Deliver a Great Night for Greek Football

Much maligned in recent years, Greek football got a shot in the arm on Wednesday with two of the country's clubs fighting their way through to the playoffs of the UEFA Champions League. From a situation before the summer when...

Greek Fires Claim Another Life, Brining Death Toll to 96

Another elderly casualty of July's fires in east Attica has died in hospital from their injuries. The 68-year-old victim passed away in intensive care on Wednesday, bringing the total number of fatalities so far to 96. At the moment, according to...

Greek Soldiers Held in Turkey Fly Home (video)

A government jet has flown two Greek soldiers -- Second Lieutenant Angelos Mitretodis and Sergeant Dimitris Kouklatzis -- home from Turkey after they were released following 167 days in a Turkish prison. Dressed in uniform, the two men were greeted with...

Greek Islanders Climb the 'Zig-Zag Path' on Aug. 15 Feast Day

Folegandros is a small, quiet Greek island that remains virtually unknown to tourists. However, for Greeks, this island is steeped in the legend of the Virgin Mary. It is the scene of celebration on one of the most important Greek...

Tensions Between Greece and Turkey Escalate, Turkish FM Blames Greece

On Tuesday, tensions between Greece and Turkey continued to rise and Turkish Foreign Minister Mevlut Cavusoglu put the blame for this on Greece. “In their difficult days, we are always at their side. But in the Aegean and the Mediterranean,...

Two Greek Soldiers Released from Turkish Custody

According to reports from the Turkish state-run news agency Anadolu, the two Greek soldiers who accidentally crossed into Turkey and were arrested on charges of espionage, have been released, pending their trial. Angelo Mitretodis and Dimitris Kouklatzis have been detained...

Athens Empties as Greeks Leave for Summer Vacation

With the approach of the Aug. 15 holiday, the Dormition of the Virgin Mary, the last wave of Athenians left the capital city for their summer vacations on Tuesday, putting the coast guard and traffic police on standby. The highways...

'Russian Onassis' Dmitry Rybolovlev Enjoys Dinner on Mykonos (video)

Russian tycoon Dmitry Rybolovlev decided to leave his own enchanting island in the Ionian Sea and spend some time on Mykonos. Rybolovlev arrived on Mykonos in his impressive 60-meter white yacht "Anna", catching the eyes of all who happened to...

Greece Braces for Turkey's Intention to Drill for Gas in Cyprus' EEZ

In the midst of the economic crisis in Turkey, Athens is concerned over the possibility that Ankara might drill for gas deposits in the Eastern Mediterranean within Cyprus' exclusive economic zone (EEZ). According to a Kathimerini newspaper report, the Fatih...

Greek Weather Warning Looms over August 15 Holiday

Greece is facing heavy storms on Wednesday, with the authorities issuing a warning ahead of the public holiday tomorrow. According to the Hellenic National Meteorological Service, people in northwest Greece can expect to see stormy weather from noon onwards in Epirus,...

Many Feared Dead in Italy Bridge Collapse

Reports from Genoa, Italy suggest many people may have been killed when a motorway bridge suddenly gave way on Tuesday. The major structure collapsed during stormy weather, plunging cars and trucks as much as 100 feet onto rail tracks below....

Trump Signs Defense Bill Delaying Sale of F-35 Jets to Turkey

U.S. President Donald Trump has approved a defense budget bill that suspends the sale of  F-35 fighter jets to Turkey. The $716 billion John S. McCain National Defense Authorization Act for Fiscal Year 2019 (NDAA) prohibits the sale of F-35...

New Museum Inaugurated by US Ambassador Pyatt in Lia, Ipiros

A new museum at the border village of Lia near Albania -- which includes paintings by Greek painters Theophilos and Dimitris Sorogas -- was inaugurated by United States Ambassador Geoffrey Pyatt on Monday. The Yfantis Museum, named after industrialist Alekos Yfantis...