Calamos Supports Greece

Eurostat

Greece’s Young Like to Live With Parents

It's no surprise to Greeks who know the social phenomenon well, but Greece has one of the highest percentages of young adults who prefer to live at home with their parents instead of striking out on their own and...

Immigrants in Greece Send Less Cash Home

Immigrants living in Greece sent a total of 922 million euros ($1.2 billion) to their countries of origin last year, a 14.6 percent decline compared to the year before, numbers from the European Union's statistics agency Eurostat revealed. In 2011,...

Poverty Sweeps Europe, Greece Hard Hit

Nearly 120 million of Europe's inhabitants are at risk of poverty or social exclusion, equal to about a fourth of the population of the EU-27 (24.2%) according to figures from the European Union's statistics agency, Eurostat. The agency figures for...

Greece Hits Top in Youth Unemployment

According to figures published Nov. 30 by Eurostat, Greece ranks first in youth unemployment. From data collected in August 2012, Greece ranks first with 57%, while Spain is second with 55.9%. In the overall unemployment rate, Greece is second with 25.4% ...

Greek Dairy Companies Keep Prices High

While Greeks have had their pay cut, taxes hiked and pensions slashed during a crushing economic crisis, the country's dairy companies, accused by critics of operating in a cartel-like manner, haven't lowered their prices for a product that's a...

Eurostat: Greek Inflation Lowest in Eurozone

While Greece is suffering a crushing economic crisis, at least inflation hasn't done as much damage as it could. Figures from the European statistics agency Eurostat for September showed the country had the lowest inflation rate, just 0.3 percent,...

Despite Recession, Greek Prices Stay High

According to the latest report of Europe's statistical agency Eurostat, Greece remains among the most expensive countries in the EU despite the economic contraction and radical cuts to salaries, pensions and benefits. Figures also show that prices in the debt-ridden...

Over 5 Million Jobless Youths in EU; Greece, Spain at the Top

A new level of record unemployment was reached in the eurozone in July at 11.3%, the highest since the creation of the 17-member single European currency, while the percentage registered in the 27-member EU is 10.4%. The highest rate...

Greeks Not Big on Using Computers, Says Eurostat

The percentage of people that use computers between the ages of 16 and 74 in Greece is among the lowest in the European Union, based on a Eurostat report unveiled on Monday. Based on Eurostat's figures, as Athens News...

Central Government Budget Deficit Widens in January

Greece's central government budget deficit reached 490 million euros (408 million pounds) in January as tax revenues declined and spending increased from a year earlier, but the finance ministry said the data showed Athens on course to reach targets...