Calamos Supports Greece

economic growth

EU Commission Slashed Greek Economy Forecasts

The European Commission slashed its previous forecasts regards the Greek economy growth in 2015 and the country’s primary surplus, announced Pierre Moscovici on Tuesday, May 5. The Commission, which finished gathering data for its forecast on April 21, noted that...

First Greek Hydroplane Airport to Be Built in Corfu

The decision for the establishment of Greece’s first hydroplane airport was signed on Monday, December 22, by the Minister of Mercantile Marine and Aegean, Miltiadis Varvitsiotis, and the Deputy Minister of Infrastructure, Transportation and Networks, Michalis Papadopoulos. The hydroplane airport will be built in...

PM Samaras: Greece's Return to Growth Is a Fact

The Hellenic Statistical Authority (ELSTAT) announced earlier today that Greece's GDP growth rate for the third quarter of 2014 stands at 1.7% and Prime Minister Antonis Samaras made an official statement on the matter. The Greek Premier underlined that the...

Former BoG President: Greece Never Had a Bailout Plan

Former Bank of Greece president Giorgos Provopoulos said in a television interview that Greece had no clear bailout plan from the beginning and that in 2012 there was a "plan B in case of a bank panic." Provopoulos said that...