Calamos Supports Greece

greece news

Greek Named Wire Photographer of the Year by TIME Magazine

Greek photojournalist Angelos Tzortzinis was named Wire Photographer of the Year by TIME magazine. The award, established six years ago concerns photographers who work from the front lines, they are the first people to arrive at the scene of...

EU's Costello: Greek Bank Deposits No Longer at Risk of 'Haircut'

Greek bank deposits are no longer at risk of a “haircut,” the European Commission's mission chief to Greece Declan Costello said on Monday during a speech at an annual business forum in Athens. Speaking at “The Greek economy” conference, Costello...

Greek-Russian Initiative for Summer Cruises in Greece

A Greek-Russian initiative concerning the tourism sector and cruises for Russian tourists from the port of Sochi to Thessaloniki, with a stop in Istanbul, is currently in the works. The development of the bilateral economic Greek-Russia venture is a...

Burglars Kill and Burn Two People in Greece

Greek Police found the incinerated bodies of a man and a woman in their home on the island of Aegina early Tuesday morning. A 71-year-old woman and her 44-year-old nephew were found with third degree burns at their home in Agioi...

Greek Actor Minas Hatzisavvas Passes Away at 67

Beloved Greek actor Minas Hatzisavvas passed away on Monday, November 30 after being hospitalized at Evangelismos Hospital in Athens. Over the last few days, the 67-year-old actor had remained hospitalized, after falling into a coma caused by a serious...

Migrants Continue Blocking Railroad on Greece-FYROM Border

The blocking of the railroad line from Greece to FYROM by economic migrants continues for the 14th day, stalling 1,800 wagons of cargo and causing millions of euros in financial damages. About 1,500 migrants are trapped in Idomene and protest...

U.S. Ambassador Optimistic about Greece's Future Progress at Athens Conference

U.S. Ambassador in Athens David Pearce on Monday said he was in favor of debt relief for Greece, while noting the country's importance as an energy hub, in order to reduce dependence on Russian natural gas, and as a...

Greek Gov't Optimistic About Maintaining Majority on Crucial Vote

Top SYRIZA officials believe that the coalition government will eventually pass the controversial bills, despite the weak majority and the opposition's unwillingness to vote in favor. Scenarios abound that some SYRIZA lawmakers will dissent and abstain from the vote, protesting...

Former Greek Fin Min Varoufakis Predicts Recession in Australia

Former Greek Finance Minister Yanis Varoufakis predicts Australia is headed towards recession because of low domestic investment and the slowdown of the Chinese economy. Varoufakis spoke to Fairfax media on Monday, stating characteristically that, "There will be a recession in...

Corruption Minister Holds Meeting on German List of 10,000-plus Greeks With Cash Abroad

Alternate Justice Minister for Corruption issues Dimitris Papaggelopoulos on Monday chaired a second meeting on the so-called "Borjan's List" - a list of 10,588 bank accounts belonging to Greeks at a Swiss branch of UBS, with total deposits amounting...