Calamos Supports Greece

EU

Ministry of Energy Promotes Electric Cars

The Greek government with a new legislative amendment aims to promote the use of electric cars in Greece.  The amendment will regulate the operation of recharging facilities. The Environment and Energy Minister Yiannis Maniatis believes that the use of electric cars...

Eurobarometer: 51% of Greeks Feel Detached from Europe

About 65% of European citizens believe that they are contributing members of the wider European Community. However, in some countries the number is significantly lower. According to preliminary data of a survey conducted by Eurobarometer and released by the EU, citizens in three...

Greeks Less Satisfied with Their Lives

A Eurobarometer report regarding life in Europe was released on Friday, revealing that only 42% of Greeks are satisfied with their personal situation compared to 58% in autumn 2013. Three quarters of Europeans (75%) appear satisfied with their lives. According to the survey, conducted...

Greek Authorities Arrest 77 Illegal Immigrants in Mykonos

Greek authorities arrested 77 migrants trying to enter the country illegally in the sea area of Mykonos. The migrants – 53 men, 12 women and 12 children – were picked up by a coast guard vessel and transferred to the...

Renzi: EU Saved Greece to Rescue Banks

A few days after his meeting with his Greek counterpart Antonis Samaras in Florence, the Italian Prime Minister Matteo Renzi brought Greece's bailout as an example to denounce the EU power mechanisms. Greece was bailed out by the European Union because it had borrowed...

More Than a Third of Greeks Were Living in Poverty in 2013

Greece ranks fourth among the 28 EU member-states with the highest percentage of citizens living on or below the poverty line, according to figures released by the Hellenic Statistical Authority (ELSTAT) and published in a report by the Foundation for Economic...

EU Asking Agricultural Subsidies Back

According to an announcement by the European Court, issued on Wednesday, agricultural subsidies of 387.4 million euros granted to Greek farmers in 2008 and 2009  have been judged as incompatible with the rules of the EU's  internal market and therefore...

Juncker Elected as New EU Commission President

AP - The European Parliament has elected former Luxembourg Prime Minister Jean-Claude Juncker as the new leader of the 28-nation bloc's executive arm. Lawmakers in Strasbourg on Tuesday voted 422-250 for the 59-year-old who will take over as European Commission...

Greece Excels in Absorbing EU Funds During 2014

Greece has spectacularly surpassed by 140 percent its targets in absorbing EU funds in the first half of 2014, a Ministry of Development report said. According to a ministry report, the country has managed to surpass its targets in absorbing...

Dear Mr President – Vanishing Cyprus

Dear Mr. President, with all due respect, things in Cyprus are not going as well as you so passionately promised. Your election campaign-pledges never actually materialized. We are sure you meant well but somewhere along the way your party-dogmatism...