Calamos Supports Greece

business

Greek Businesses Unite to Further Interests in North Macedonia

Sixteen large Greek companies that operate in North Macedonia have recently launched the Association of Greek Businesses in North Macedonia based in country's capital city, Skopje. The founders include representatives from Stopanska Banka, EDS, Usje and Intrakat. Elected president Aris Vlachos...

Greek Company Receives License to Produce Medical Cannabis in Europe

The Greek company Kalacan Hellas S.A. recently announced that it had received its medical cannabis installation license, allowing the company to establish manufacturing facilities in Europe to produce cannabis. The company plans on building its large-scale greenhouses on a 77,258...

Ninth Annual Greek Investment Forum to Be Held Virtually

The Athens Stock Exchange and the Hellenic-American Chamber of Commerce are now holding their ninth annual "Greek Investment Forum" in New York, which will take place exclusively online this year due to the coronavirus pandemic. The forum is part of...

Six Out of Ten Greek Businesses in Liquidity Crisis After Lockdown

Six out of 10 businesses face liquidity issues, with only enough cash reserves to continue operating for less than six months -- while three in ten have zero cash reserves and only 15 percent sufficient liquidity to last more...

Greece to Begin Mass Production of Surgical Masks in Larissa and Thrace

Greek Development and Investment Minister Adonis Georgiadis said on Wednesday that Greece will begin mass production of surgical masks to fulfill its own needs within a few days. Speaking with the ERT, Open and Alpha TV networks, Georgiadis confirmed that machines...

Greek Fruit Exports Boom as Consumers Worldwide Turn to Healthier Products

The coronavirus pandemic and the unprecedented havoc it has caused across the entire world has dealt an enormous and unprecedented blow to nations' economies. However, one agricultural sector seems not only to be emerging from the crisis without a scratch...

Could Greek Beaches Look Like This in Coronavirus Era?

Many people wonder how summer tourism could even be a thing in 2020, as billions of people around the globe continue to remain at home in an effort to reduce the spread of the COVID-19 coronavirus. A company from Italy...

IMF Warns Greece Could Face The Worst Coronavirus Recession in Eurozone

The International Monetary Fund (IMF) recently presented its World Economic Outlook, in which it predicts that Greece could experience one of the worst recessions in the world due to the coronavirus pandemic. The IMF said that Athens will see a...

Greece Confiscates Tons of Contraband Antiseptic Gels, Masks from China and Turkey

Greece's Economic Crime Prosecution Corps (SDOE) announced on Wednesday that they have confiscated tons of antiseptic gel, face masks and other personal protective equipment originating from China and Turkey. The SDOE's Attica division carried out a search on a company...

Greek Consumers Significantly Increase Use of E-commerce, Survey Shows

Greek consumers have significantly increased their use of e-commerce due to the coronavirus pandemic, an online survey conducted by the Research Institute of Retail Consumer Goods and ELTRUN, the e-commerce laboratory of the Athens University of Economics and Business,...