Calamos Supports Greece

Eurostat

Greece's Debt Hits 160.5% of GDP

Figures from the European Union's statistics agency Eurostat showed that Greece's public debt rose to 160.5 percent of Gross Domestic Product (GDP) in the first quarter of the year, an indicator that the economy is not getting better as...

Eurostat: Unemployment at 26,8% in March 2013

Unemployment among the active population in Greece rose from 26,7 percent in February to 26,8 percent in March, according to data that Eurostat released on July 1. According to community data, the median unemployment rate in the Eurozone ranged in...

Greek, Cypriot Dairy Products Highest

Greece and Cyprus are the most expensive European countries in milk, cheese and eggs, while the prices in bread and cereal is over the EU average, according to Eurostat data for the consumer price index in 2012, published on...

Greek GDP 75% of EU Average

In 2012, the average per capita Gross Domestic Product (GDP) in Greece reached 75 percent of the correspondent average per capita GDP in the European Union, according to data released by Eurostat on June 19. In 2012, the average...

Child Labor Plagues Greece

June 12 is the World Day Against Child Labor, but it seems that the fight against child labor has not yet started in Greece, where 100,000 “invisible” kids work long hours for low wages. George Moschos, Deputy Ombudsman in charge...

Greece First in Freelancers

Greece has the highest percentage of self-employed, according to data released by Eurostat for 2012. According to Eurostat, 32 percent of the people who work in Greece are self-employed, compared to 15.1 percent in the Eurozone and 15.2 in the...

Fewer Greek Kids Go to Kindergarten

Fewer children in Greece than in the rest of Europe attend kindergarten till the age of compulsory school attendance, according to a European Commission report, which highlights the importance of childcare services for the promotion of women employment. According to...

Eurostat: Record Unemployment, Dramatic 62,5% for Greek Youths

Unemployment in the Eurozone touched record high levels in April, the highest since 1995 - 12,2% against 11,2% in April 2012, Eurostat said on Friday. Youth unemployment reached 24,4%. The most dramatic situation in the EU was recorded in Greece...

Greeks Give Half Their Income To Taxes

Forty six percent of Greek citizens’ income will end up in taxes, according to data released by Eurostat. This percentage is one of the highest in the EU list. Sweden tops the list, as the Swedish give tax authorities...

Greece Heads EU Jobless Rate List

Greece has held on to its dubious position as having the highest unemployment rate in the European Union, a record 27.2 percent for the country, with 6 out of 10 under 25 now out of work as the government...