Calamos Supports Greece

finance

Eldorado Gold Secures Finance from Greek Banks for the Skouries Project

Canadian firm Eldorado Gold has signed a mandate letter for a credit-committee-sanctioned €680 million finance facility from Greek banks to develop the Skouries project in northern Greece. According to the feasibility study, the project is expected to cost $845 million...

Euro Equal to the US Dollar for First Time in 20 Years

The exchange rate between the euro and the US dollar is the same on Tuesday for the first time in 20 years. As of Tuesday morning Greek time, one euro is equal to exactly one dollar, meaning that the value...

Greece Exports Hit Record High, but Jump in Imports Signals Warning

Greece exported a record 20.5 billion euros ($20.6 billion) worth of goods in the first five months of the year. However, a rise in imports and a decline in domestic consumer spending dampened the good news. From January through May,...

The NYSE Was Founded Under a Tree on May 17, 1792

The New York Stock Exchange (NYSE), the largest such stock exchange in the world, has quite humble origins. According to legend, it was founded on May 17, 1792 under a buttonwood tree outside of 68 Wall Street when 24 stockbrokers...

Calamos Investments Named “Best Overall Fund Group” of 2022

Calamos Investments was named Best Overall Fund Group at the Refinitiv Lipper Fund Awards on Thursday. The Leading global asset manager was named Best Overall Small Fund Family Over Three Years at the 2022 Refinitiv Lipper Fund Awards, which provides...

32nd Annual Greek Economic Summit Kicks Off on Monday

The American-Hellenic Chamber of Commerce is kicking off its 32nd annual Greek Economic Summit on Monday. The summit will take place from December 6-8 in Athens, Greece. This year's events will be a synthesis of in-person and virtual participation...

Piraeus Bank Records Growing Profits During 2019

Piraeus Bank of Greece announced on Monday that it grew its net profit for the full year of 2019. This increase was aided by lower operating costs and higher net interest income. Piraeus Bank is Greece’s largest lender as measured by...

Greek Exports Show Signs of Standing Strong Against Global Turmoil

Greek exports have shown signs of withstanding external pressure and the economic and political turmoil that characterizes today's global economy. This was obvious according to the latest figures available concerning the country's exports for 2019, as published recently by the...

Greek 15-Year Bond Attracts Record Orders at Very Low Interest

With bids reaching a stunning 19 billion euros, Greece's first 15-year state bond offers book closed in very impressive fashion on Tuesday afternoon. The Greek state had initially intended to withdraw just 2.5 billion euros, but the investor's trust in...

Greece Launches 15-Year State Bond, Signaling Return to Financial Normality

Greece's Public Debt Management Authority announced the launch of a 15-year state bond in a statement released on Monday. The announcement came just 48 hours after the credit rating agency Fitch upgraded the country's credit rating to BB from BB-. This...