Calamos Supports Greece

Greek Citizens

Greek Industry Body Urges New Government to Push Ahead with Reforms

Reforms, a new industrial policy and a plan to fight corruption and tax evasion are the three main requests of the Hellenic Federation of Enterprises (SEV) for the new government. "The result of the elections reflects the will of the...

ELSTAT: Greek Unemployment Rate Dropped in April 2015

Unemployment in Greece dropped to 25.6% in April 2015, a slight improvement compared to the 25.8% rate in March. The number of unemployed Greek citizens amounted to 1,216,870, mainly young people (53.2%) and in the most productive age group...

Ryanair Will Allow Greek Passengers to Pay Cash

The capital controls imposed on Greek banks have already had a significant impact on Greek society. Since Greeks are unable to use their credit and debit cards to make purchases the low cost airline Ryanair announced that Greeks passengers will...

10 Problems Greece Faces Due to Capital Controls

Greece is living under the suffocating pace of capital controls for the last two days. The end of negotiations and the Greek referendum announcement have put everything on hold. Due to the imposition of capital controls, Greece is facing numerous...

Greek 'Priest' Arrested for Conducting Fake Weddings

Greek police arrested a 37-year-old man in Kaisariani, Athens, on June 23, who was pretending to be a priest, and receiving large amounts in order to conduct bogus weddings between Greek citizens and foreigners. The "priest" was accused of usurpation...

OECD: 1 in 2 Greeks Not Satisfied With Their Lives

Greeks appear less satisfied with their lives, according to an OECD survey, which found that one in two citizens have expressed dissatisfaction with their daily routine. Specifically, according to the Better Life Index, the Greeks are less satisfied with life...

Registered Greek Unemployment Unchanged in February

Registered unemployment was unchanged in February, totaling 864,512 unemployed people, from 864,377 in January, for a 0.02% increase, the Greek Manpower Employment Organization (OAED) said on Friday. From the total of registered unemployed people, 461,000 (53.32%) were long-tern unemployed for...

Three Greek Citizens Rescued from MRS in Bansko Winter Resort

Three Greek citizens were rescued in an operation in Bansko winter resort, Chairman of the Bulgarian Red Cross (BRC) Hristo Grigorov said for Radio FOCUS. He added that the operation was intense and lasted for five hours. “The three rescued...

Australian Defense Ministry Looking at Greek Soldiers to Staff its Army

In an attempt to shield its national defense, the Australian government is seeking qualified soldiers from abroad, while the recruitment campaign is also addressing Greek and Greek-Australian citizens. Among other specialties, the Australian Department of Defense is seeking shooters, counter...

Large Majority of Greeks Distrust Politicians, Domestic and EU Institutions

A large majority of Greek citizens distrust politicians and domestic and EU institutions, a new survey indicated, as Greece is still being mired in a three-year severe economic crisis. About 80 percent of respondents in the survey conducted by the...