Calamos Supports Greece

Greece

Resistance and Difficulties Persist in Greece Debt Swap Talks

Resistance and difficulties still exist between Greece and its private bondholders on a number of issues in talks for a new debt swap plan, the deputy finance minister was quoted as saying on Friday. Yannis Mourmouras, one of three deputy...

Greek Borrowing Costs Rise in 3-Month T-bill Sale

Greece sold 1.3 billion euros ($1.69 billion) of three-month T-bills on Tuesday, with the yield rising by 5 basis points compared to an auction in November, according to debt agency PDMA. The sale's bid-cover ratio was 2.91, down from 2.94...

The Economist Says Greek Holiday Allowances are Among the Most Generous

According to The Economist, when considering the amount of holiday each employee is entitled to in any particular country, some clichés hold fast. North Americans are more industrious than South Americans, according to data compiled by Mercer, a consultancy. Asians...

Changes in the Greek Fashion World Make Designers Flee Greece

Designers in Greece are slowly feeling their motherland in hopes of finding work abroad. Designers and models are moving in countries such as Germany, Turkey and other parts of Europe to find work[...]

Fakelaki, Rousfeti and the 4-4-2 System

While the Greek Finance Minister Evangelos Venizelos appears to be shocked with Mr Diomidis Spinellis' declaration that Greek tax officers, play the 4-4-2  football system  a.k.a tax evader  gets a  discount of 40 per cent on the agreed fine-...

EU: Greek, Portuguese GDP per Capita Far Below EU-27 Average

In the European rankings of GDP per capita, calculated on the basis of purchasing power, in 2010 Greece, Portugal, Malta and Slovenia have between 10 and 20% lower levels than the EU-27 average. In the context of EU Mediterranean countries,...

Lazy Greeks? Think Again!

At a time where the world is suffering an economic crisis and government officials all over the world are blaming the public for the crisis instead of themselves, new surveys show which country works the hardest and Germany isn’t...

Greek Warrior Queen of the 21st Century

The Amazons in Ancient Greece were women who fought like men. They were a nation of all female[...]

Drachma or Euro

One of the questions that is going through the minds of the citizens of Greece these days is, if Greece will return to the drachma currency or stay with the euro currency. The Japanese bank Nomura has calculated that...

World Court Rules Against Greece in FYROM Case

The world court has ruled Greece was wrong to block former Yugoslav Republic of Macedonia's bid to join NATO in 2008 because of a long-simmering dispute over the country's use of the name Macedonia. The court found Greece's veto breached...