Calamos Supports Greece

Greek News

Fronditha Care’s ‘Storgi’ Facility Celebrates 10 Years

Templestowe Aged Residential Care Facility “Storgi” celebrated its 10 years of operation and care for the elderly of the Greek-Australian community in a celebration held on May 13 on the facility premises to commemorate its anniversary. The event took place...

Aspasia Koumli Talks LA Greek Film Festival and Career

Could film spur the great artistic rebirth of Greece?   This year’s Jury Prize winner at Cannes “The Lobster” was the off-beat love story by the acclaimed Greek director Yorgos Lanthimos, which told the tale of a not so distant future...

European Commission: Time Is Running Out for Greece, No Progress in Negotiations

Greece is seeking a political solution to the financial aid problem as negotiations on a technical level are progressing very slowly and Brussels warn that time is running out. On Thursday's Euro Working Group (EWG), European Commission officials said that...

Greek State Minister: There Will Be an Issue of Party Discipline

Greek State Minister Nikos Pappas, in an interview to thepressproject.gr late on Thursday, expressed his optimism over a mutually beneficial agreement with the country's partners. He stressed the need to conclude the negotiations as soon as possible and left the possibility open...

EU’s Refugee Relocation Plans Desperately Need a Reality Check

By Katharine Jones, Coventry University The European Commission has announced that it will embark on an unprecedented mandatory emergency “relocation” of 40,000 Syrian and Eritrean refugees. The Commission proposes that women, men and children who arrive in Greece and Italy who...

National Bank of Greece Reports Losses in Q1‏

National Bank of Greece (NBG) reported losses of 159 million euros in the first quarter of 2015, integrating domestic losses of financial results worth 112 million euros. Commenting on the results, NBG CEO Leonidas Fragkiadakis said: “Against strong headwinds, which...

36 Years Ago Today Greece Entered the European Union [Video]

It was 36 years ago today when Greece's Prime Minister Constantine Karamanlis was putting his signature to the historic Treaty of Accession to the European Economic Community, as the European Union was called at the time. It was May 29, 1979,...

Greece can Help Iran Achieve 'Mutually Respectful' Deal

Iran will not accept excessive demands that do not show the required respect regarding its nuclear program, Iranian Foreign Minister Mohammad Jivad Zarif said in a joint press conference with Greek Foreign Minister Nikos Kotzias after their meeting in...

IMF's Lagarde: Greece's Exit from the Eurozone Is a Possibility

Greece’s exit from the Eurozone is a possibility but would not signify an end to the single currency, International Monetary Fund (IMF) head Christine Lagarde told German newspaper Frankfurter Allgemeine Zeitung. "A Greek exit is a possibility," Lagarde told...

Greek Media in Disarray

By Maria Kyriakidou* There is perhaps no other field that better illustrates how deeply ingrained clientelism is in Greek political culture than the media sector. Politicians, media and business have long been operating as a ‘triangle of power’, where private and...

Greek Monks Refuse to Let Thessaloniki Mayor Enter Mount Athos

The “Gathering of Priests and Monks” attacked Thessaloniki Mayor Yiannis Boutaris in a letter to the Holy Community of Mount Athos. The reason behind their harsh words is the upcoming 4th Thessaloniki Pride on June 19 and 20, which is organized with...

Greek Student Among Microsoft YouthSpark Challenge Winners

Greek high school student Nefeli Stefopoulou was one of ten winners at the worldwide Microsoft YouthSpark Challenge for Change competition. Her project managed to stand out among thousands of participants from 100 countries. This year's 10 winners represented Greece, Chile, Ecuador,...

Greek Govt: 'Greece Aims to Clinch a Deal With Creditors by Sunday'

The Greek government's optimism is based on specific facts and the progress made, government spokesman Gavriil Sakellaridis said on Thursday, during the daily press briefing. The government's aim is to have an agreement with the partners by Sunday, he...

Crete Shaken by Two Consecutive Earthquakes

Two earthquakes of magnitude 4.2 and 4.4 on the Richter scale shook the maritime area between Kasos and Crete on Thursday afternoon. The earthquakes were mainly felt in Palaikastro, situated about 19 kilometers away from Sitia, Zakros on the eastern coast...

Norway Funds Migrant Reception Center in Greece

Greece and Norway have agreed to use funding from the European Economic Area and Norway Grants to establish a new reception center on the island of Lesvos. This is Norway’s contribution to alleviating the Mediterranean migrant crisis, according to The Norway...