Calamos Supports Greece

Greek News

Greek Banking System Credit Contracts 1.4% y/y in January

Total credit in Greece's banking system contracted 1.4 percent year-on-year in January after shrinking by 1.0 percent in the previous month, Bank of Greece data showed on Wednesday. According to the country's central bank, credit extended to the government rose...

EU Restarts 'Dublin' System and Sends Asylum Seekers Back to Greece

The European Union has put the "Dublin Treaty" back into effect and is to start sending asylum seekers back to Greece, according to Deutsche Welle. "Fresh" asylum seekers arriving to Europe via Greece can once again be sent back to...

Greek Minister Says Bailout Program Review Will Close Soon

The negotiation for the second review will conclude soon, said Digital Policy Minister Nikos Pappas on Wednesday, who is touring the region of Serres. Pappas also said that SYRIZA parliamentary group is solid and will vote measures and offset measures. The...

Experience Knossos Like Never Before With a 3D Tour of the Minoan Palace! (Video)

Every year people visiting Crete stop by the ruins of the ancient city of Knossos to experience what remains from the capital of Minoan Civilization. Now, you can experience Knossos as it once was in its glory days, thanks...

Human Rights Watch: Greece and Another Year of Suffering at 'Hotspots' for Asylum Seekers

On Wednesday the NPO Human Rights Watch (HRW) made statements criticizing the EU-Turkey deal, blaming it for the entrapment of migrants on the Greek Aegean islands known as "hotspots." "The EU-Turkey deal has trapped thousands of people in abysmal conditions...

U.S. Recognizes Greece's Special Role, FM Kotzias Says

Greece's role in a fragile geopolitical circumstance and in a regional instability triangle as well as security issues in the Middle East, the eastern Mediterranean and the Balkans dominated a meeting between Foreign Minister Nikos Kotzias and the National...

More Than 90,000 People Still Waiting for EFKA Pay Notice

There are still some 90,000 workers in wait for their pay notices for the new Single Social Security Contribution (EFKA). The deadline for payments of January's social security payments is the end of this week, which has already been extended. Now,...

EU Commissioner Avramopoulos and Maltese Home Affairs Min Abela to Visit Lesvos on Thursday; 41 Arrivals Recorded on Samos

European Commissioner for Migration Dimitris Avramopoulos and Home Affairs and National Security Minister of Malta Carmelo Abela, who represents the country that holds the EU presidency, will visit the island of Lesvos on Thursday. The aim of the visit is...

Greece's Children Pay the Price of Economic Crisis

Greece's children pay the price of the prolonged economic crisis, as a shelter for abused children is now taking in those whose parents are unable to provide food for them, a Reuters report says. As one fourth of the country's...

Europe’s Highest Court Gives Employers Right to Ban Religious Symbols at Work

The European Court of Justice has recognized the right of employers to prohibit the use of visible religious symbols such as the hijab in the workplace. According to the decision: "The prohibition of overt political, philosophical or religious symbols" should...

ECB's Nouy: Greek Banks Have Improved 'Noticeably and Substantially' in Past Two Years

There has been a significant improvement in the situation of Greek banks, both in terms of capital adequacy and governance, the European Central Bank (ECB) supervisory board chairwoman Danièle Nouy told the Athens-Macedonian News Agency (ANA) in an exclusive...

No Specific Proposal Made to British Museum on Parthenon Marbles, Says Greek Culture Ministry

No official or unofficial proposal has been made to the British Museum by the current leadership of the Culture ministry on the return of the Parthenon Marbles, the ministry said in a statement on Tuesday, responding to an article...

Greece's Opposition Leader Mitsotakis Wraps up Crete Tour With Promise for Lower Taxes

With a pledge to lower taxes if his party comes to power, main opposition New Democracy leader Kyriakos Mitsotakis on Tuesday concluded a two-day tour of eastern Crete in Agios Nikolaos, Lasithi. He said that ND's top priority will...

'Art Nouveau' Exhibition at Benaki Museum

The Culture Ministry in cooperation with Badisches Landesmuseum and the Benaki Museum are organizing an exhibition entitled "Art Nouveau" from the collections of the Badisches Landesmuseum of Karlsruhe, in Athens, from April 5 to May 21. The inauguration will...

Greece Offers UK Its Ancient Artifacts as Incentive for Returning the Parthenon Marbles

After the decision made last year by the Greek government to not legally pursuit forcing the UK to return the Parthenon Marbles to their rightful home in Athens atop the Acropolis, they have decided instead to offer an incentive...