Calamos Supports Greece

economics

Greece Close to Regaining Investment Grade Status, Goldman Sachs Says

On Friday, Goldman Sachs said that Greece is "on the cusp" of regaining an investment-grade rating more than 12 years after Greece's credit rating was impacted by the financial crisis. According to Goldman Sachs, the second-largest investment bank in the...

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...

Greek-Canadian Constantine Passaris Listed in Who’s Who in Greece 2021

Constantine Passaris, a Greek-Canadian economics professor at the University of New Brunswick at Fredericton is included in the prestigious inaugural edition of "Who's Who in Greece 2020" for his long and distinguished service to his home country. Who's Who in...

Greece Receives Boosted Credit Rating from Moody's

Moody's, the bond credit rating agency, upgraded Greece's credit rating on Friday, giving the country's market a boost amidst the Covid-19 pandemic. The country's rating went from a B1 to a B3, signaling the possibility of economic recovery in the...

Greek State Debt Rises to €345.3 Billion in June

Greece's central government debt reached €345.3 billion at the end of June, up from €343.7 billion three months earlier, according to data published by the General Accounting Office on Friday. The state's cash reserves stood at €13.08 billion, up from...

Dr. Stassinopoulou of University of Vienna Says “Economics Supersedes Politics”

The Greek Professor of Byzantine and Neohellenic Studies at the University of Vienna, Mrs. Maria A. Stassinopoulou, gave a long interview to Austrian newspaper “Der Standard” commenting on recent developments in Greece. “Greece is a characteristic example of economics superseding politics....