Calamos Supports Greece

Fuel

Shocking Decrease in Gas and Heating Oil Use

Reduced incomes, higher taxes and rising international oil prices have caused a steady decline in the fuel market since 2007. According to data released by Infobank Hellastat SA, a study shows that the decline in fuel consumption continued through 2012. In...

IMF Blasts Greek Fuel Market Monopoly

As international lenders press Greece to break up near-monopolies in professions from druggists to lawyers, a lack of competition in the country’s fuel market is costing consumers hundreds of millions of euros, according to a draft International Monetary Fund...