Calamos Supports Greece

Athens

Philip Morris Will Operate in Greece

Global tobacco giant Philip Morris International has reportedly transferred some of its production from other plants in Europe to the unit of its Greek subsidiary Papastratos at Aspropyrgos, western Attica. The newspaper Kathimerini reported that the Chairman and CEO of...

Unlimited Transport Strikes will Hit Athens Dec.17

Greek workers and their unions have taken part several times in multiple strikes to protest against the government's various proposed and adopted reforms. The goal of these strikes is to cause inconvenience and exert pressure on government officials or...

Clashes at Greek Rallies to Mark Teenager’s 2008 Fatal Shooting by Police

Greek riot police used tear gas Thursday to disperse youths throwing firebombs and stones during an Athens protest to mark the fourth anniversary of a deadly police shooting that triggered major disturbances. No injuries or arrests were reported from the...

Princesses of the Mediterranean on Show in Athens

Princesses of the Mediterranean at the Dawn of History is a new show organized by the Athens Museum of Cycladic Art, in collaboration with the University of Crete and the Ministry of Public Education and Culture. For the first time...

FAGE Int'l Offers to Isolate Greek Units in Bid to Woo Investors

FAGE International SA is seeking to persuade bond investors to fund its US expansion by offering to isolate its units in Greece, buffering the rest of the yogurt maker from declining revenue there. FAGE, which traces its roots to a...

Noted Jewish-Greek Journalist Mario Modiano Dies

Mario Modiano, a Jewish-Greek journalist who chronicled some of the most turbulent times of modern Greek history, died at the age of 86. Modiano, whose family survived the Holocaust that decimated the historic Jewish community of Thessaloniki by fleeing to...

Workers at IKEA Greece Walk Out Over Pay Cuts and Individual Contracts

IKEA Greece has unilaterally decided to cut wages by up to 15% and demanded employees to sign individual employment contracts to replace their collective agreement IKEA Greece on 20 November announced that it would unilaterally cut salaries by up to...

Bomb Explodes Outside Greek Deputy Prosecutor΄s Home

A small bomb exploded outside the Athens home of a Greek deputy prosecutor early on Thursday, causing no injuries but damaging houses and cars, police said according to Reuters. The explosive device was placed in the front yard of the...

Citigroup to Close Nearly Half of Branch Network in Greece

Citigroup Inc is to shut almost half its branch network in Greece, where retail banking activity has dried up because of the country's debt crisis. Citi, the last major international bank with a countrywide presence in Greece, will cut its...

Greek March Marks 1973 Student Uprising Against Dictatorship

Greeks took to the streets by the tens of thousands on Nov. 17 to commemorate the 39th anniversary of a deadly student revolt against the country's former dictatorship which months later toppled the American-backed ruling military junta. The march occurred...