Calamos Supports Greece

European Commission

Ban on Restaurant Refillable Olive Oil Bottles

The European Union is going to ban small glass bottles used for serving olive oil in many restaurants across Europe, with the thought that refillable bottles cannot ensure the quality of the product. As ekathimerini reported, the EU executive said...

EU Takes Back 123.3M Euros From Greece

The European Commission said on May 2 that it is taking back 123.3 million euros ($162.3 million) from Greece in agricultural subsidies because the government had failed to properly monitor the account. In overall, EC is going to take back...

EU Says Greek Wage Cuts Worked

The European Commission has said that deep pay cuts for Greek workers is the only reason that the country has begun to become competitive, although at a high cost to workers who've seen their pay checks dwindle and with...

Mind Games World Seminar In Komotini

Mind Games, an international educational seminar on inter-religious dialogue, mass media and peaceful conflict resolution is taking place in the Greek town of Komotini from April 12-20. It is funded by the European Commission in the framework of its program...

Greek Students Can Participate in Thinking Canada

Greek students can submit their applications, along with all European students, until April 2013 in order to participate in the Thinking Canada Program. This regards an initiative of the European Network for Canadian Studies, funded generously by the European Commission,...

Greece Fourth in EU Road Deaths

According to a European Commission report published on March 19, Greece remains fourth regarding deaths caused by road accidents. Lithuania, Romania and Poland are respectively the countries in the first three places. However, on a European level, road fatalities...

Troika Back To Athens In April

Inspectors from the Troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) said they would abruptly leave Athens on March 14 without reaching an agreement with the government over more promised reforms and wouldn't return until early April...

Troika Says Greek Tax Collection Flawed

The European Union and International Monetary Fund, who, along with the European Central Bank, make up Greece's Troika of lenders of last resort, have issued a report damning the country's tax collection system as broken. To indicate the size of...

EC Asks Romania to Pay Pensions to Greek Immigrants

The European Commission has requested Romania to comply with Regulation (EC) No 1408/71 and Regulation (EC) No 883/2004 on social security coordination when calculating the pension rights of Greek citizens who worked in Romania before its accession to the European Union. The Romanian...

EFSF’s Regling Says Greece Needs Time

With two bailouts and three years of austerity measures failing to right Greece's faltering economy, Klaus Regling, Chief Executive officer of the European Financial Stability Facility (EFSF) says the country will need more time before reforms work but he...