Calamos Supports Greece

European Commission

EU Grants €300 Million For Ultra-Fast Broadband of Up to 1Gbps in Greece

The European Commission issued a statement on Wednesday noting that it has authorized the transfer of €300 million to Greece so that the country can invest in developing its ultra-fast broadband internet connections across the country. This huge infusion of...

Greece Referred to EU Court For Failing to Protect Natural Habitats and Species

The European Commission decided recently to refer Greece to the Court of Justice of the EU over its ''failure to protect biodiversity adequately''. In its statement, the European Commission notes that while Greece has designated Special Areas of Conservation to...

EU Extends Post-Program Framework for Greece; Discontinues "Mission Chief" Position

The European Commission announced on Friday that the post-program framework for Greece will be continued for an additional period of six months. The Commission stated, ''This extension is a normal and expected process that serves to ensure continued support for...

Cyprus Government Announces the Country's New European Commissioner

President of the Republic of Cyprus Nicos Anastasiades chose Member of Parliament Stella Kyriakides as the country's next European Commissioner on Thursday. Kyriakides will replace the current EU Commissioner for Humanitarian Aid and Crisis Management, Christos Stilianides, who served during the EU...

Special Meeting Called as Greece Prepares For a ''No-Deal'' Brexit

The Greek government will soon start preparations to cope with a disorderly Brexit and any negative repercussions this may have, Greece's Alternate Foreign Minister Miltiades Varvitsiotis said on Wednesday. Varvitsiotis, who is responsible for European affairs, made the statement prior...

Margaritis Schinas Appointed as Greece's New European Commissioner

The Greek government announced on Thursday that Margaritis Schinas will be Greece's new European Commissioner during Ursula von der Leyen's Presidency of the European Commission. The announcement put an end to speculation over who would replace Dimitris Avramopoulos, the current...

Ursula von der Leyen Confirmed as First Female President of the European Commission

Members of the European Parliament narrowly backed Ursula von der Leyen as the next President of the European Commission on Tuesday, making her the first woman to hold Europe’s top job. Germany's defence minister was confirmed as the successor to...

Ursula von der Leyen: First Woman Nominated to Lead the EU

German Defense Minister Ursula von der Leyen is nominated to replace Jean-Claude Juncker as head of the European Commission. Ursula von der Leyen will be the first woman to lead the European Union's executive arm. The choice came as a...

Spanish PM Sanchez to Represent Greece in European Council as Tsipras Leaves

The Spanish Socialist Prime Minister Pedro Sanchez will represent Greece and its Premier Alexis Tsipras at the European Council meeting on Tuesday, as the Greek Prime Minister has to return to Greece for his pre-election obligations ahead of the...

EU Commission Concerned Over Greek Government's Handouts

The European Commission published its ''2019 Spring Package'' on Wednesday, in which it comments on the economic situation of every member state and proposes reforms to coordinate fiscal policy across the Union. For Greece, the Commission focuses on two main...