Calamos Supports Greece


Euro Equal to the US Dollar for First Time in 20 Years

The exchange rate between the euro and the US dollar is the same on Tuesday for the first time in 20 years. As of Tuesday morning Greek time, one euro is equal to exactly one dollar, meaning that the value...

Inflation in Turkey Soars to 36%; Experts Say Could Reach 50%

Inflation in Turkey soared to 36%, the highest in Erdogan era, and it may be headed for the stratosphere, up to a possible 50%, some experts say. With prices for food and drink up nearly 44% annually, Turkey's economic status...

Could Greece switch to dollar and avoid bankruptcy?

A study by the FED supports that if euro-less Greece doesn't want to sink in chaos, there must be a transitional phase (pegging) from the euro to the new drachma via the dollar.