Calamos Supports Greece

Bloomberg

Foreign Media Comment on Greek Election Outcome

Foreign media outlets report on the outcome of Greece’s double elections, commenting on the first place secured by the country’s main opposition Coalition of the Radical Left (SYRIZA) party and the increased approval ratings of the neo-Nazi Golden Dawn...

Foreign Media Reactions on Greek Elections

International media continue to comment on the forthcoming European Parliament elections and the prospect of Greece’s main opposition Coalition of the Radical Left (SYRIZA) party topping the vote, while also referring to the possibility of early national elections in...

Bloomberg: Agriculture Could Dig Greece Get Out of Recession

 Bloomberg mentioned Tuesday in an article that the agricultural sector in Greece could help the country out of recession, while referring to several successful Greek agriculture exporters. “Greek Prime Minister Antonis Samaras is calling on manufacturers of traditional foods and beverages, from fish-roe...

Tackling Tax Evasion: Bloomberg Follows Greece's Fraud Squad

In a recent story, a Bloomberg correspondent followed Greece's Financial Crime Unit (SDOE) performing random spot checks at several locations across Athens, unraveling step by step the Greek mentality of evading taxes, which “has its roots back in the Ottoman Empire". The...

Greek Start-ups Need More Help to Reduce Unemployment

Greek entrepreneurs have told Bloomberg that Greece’s government support to start-up companies will not be enough to turn around a labor market in which one out of four are unemployed. Bloomberg notes that Greece has lost one-quarter of its GDP during the past...

Papandreou Says Vote Against Omnibill Was 'Principled Stance'

Two days after voting against the article in the Greek omnibus bill addressing the new framework on the recapitalization of Greece’s banks, which caused major disagreement within government and PASOK, party leader and former prime minister George Papandreou and was interviewed by Bloomberg...

Bloomberg: The European Debt Crisis (Video)

The news agency Bloomberg with a short animated film, explains the reasons that led to the economic crisis outburst in Eurozone with disastrous consequences for Greece, Ireland, Portugal and Spain. The news agency thoroughly describes how the crisis started. In...

BBG: Greeks Forced to Steal Electricity to Survive

  In a detailed report, Bloomberg refers to the thousands of Greek households that reconnect their electricity supply illegally on their own, as they cannot afford electricity bills. The reason behind Bloomberg’s report was the tragic death of a 13-year-old...

Greek Healthcare System Ranked 30th Worldwide

This month Bloomberg identified the most and the least efficient health care systems on a worldwide basis, highlighting those of Hong Kong, Singapore and Japan as the world's best. On the same list Greece holds the 30th place while the...

Greece’s Surplus Could Help Default

Bloomberg columnist Megan McArdle isn't so rosy about Greece's surplus helping the economy and said it could actually pave the way for the country to default on its loans. She noted that not paying back what it owes - some...