Calamos Supports Greece

Crisis

Greeks Are Turning to Private Health Insurance

A nationwide survey has revealed that a large number of Greeks are seeking some form of private health insurance due to lack of state healthcare. The survey showed that 38.7% of Greek citizens opted for private healthcare, either a full...

Historic Meeting Between Tsipras and Pope Francis at the Vatican

Main opposition SYRIZA leader Alexis Tsipras met today with Pope Francis at the Vatican and discussed the economic crisis in Greece, the migration issue and the need for politics that will re-inspire people as well as world peace. The meeting between...

Suicide Rate in Greece Decreases

According to the Suicide Network Records of NGO Klimaka's Prevention Center, Greece has recorded a decrease in its suicide rate in the first quarter of 2014. On the occasion of World Suicide Prevention Day on September 10, new information regarding...

Crisis Brought Solidarity in Greece

A recent article of the French News Agency (AFP) states that the financial crisis has generated better solidarity among Greek citizens. The article states that during the "Great Depression", solidarity networks, cooperatives and exchange of products doubled as the Greeks have realized...

Emmanuel Kriaras: What I Have Learned in My Life

The death of the great Greek lexicographer and philologist Emmanuel Kriaras on August 22, spread sorrow in the academic world of Greece. He lived to become 107 and during the last years he claimed that people were most interested in his age rather...

Der Spiegel: Strong Critisism Of Merkel's Policy Over Greece

German newspaper Der Spiegel strongly criticized Chancellor Angela Merkel in a recent article, for her inefficiency to deal with the Eurozone crisis. Euro crisis is here, Merkel is chasing windmills, her policy aggravates problems rather than solving them, noted the article. According...

Greece Raises 1.625 bln Euros from T-bill Auction

Greece on Tuesday successfully auctioned a three-month Treasury bill issue raising 1.625 billion euros from the market at a lower cost. In an announcement, the Public Debt Management Agency (PDMA) said that the interest rate of the issue was set at...

75% of Greeks Can't Afford Holidays

A nationwide survey conducted among 791 people by the General Consumers' Institution of Greece, INKA, from June 2 to June 14, with the method of telephone interviews, showed that almost 75% of Greeks cannot afford holidays. The survey showed that more...

Car Sales Increased Despite Greek Crisis

Another paradox has made its appearance in Greece. Despite the serious financial crisis which has affected many households and left many Greeks unemployed, the car sales increased in June. More specifically, the registrations of new passenger vehicles reached 8,000. According to figures from...

Insurance Funds Lost 33 Billion Euros During Crisis

Greek Social Security Funds (POPOKP) 30th Congress of Employees, presented figures which show that social security funds in the country have recorded losses of 33 billion euros during the past six years of the financial crisis . At the same...