Calamos Supports Greece

Greek Crisis

Summer Vacation in the Greek Village Where Everything Costs 1 Euro

Valaora is a Greek village in Evrytania which has remained untouched by the Greek financial crisis and the political instability, where capital controls don't pose an issue. The 300 villagers who live permanently in Valaora Haryana move to their...

Crisis-Hit Greek Island Introduces Cryptocurrency

The Greek financial crisis has greatly affected the big cities such as the capital, Athens, and Thessaloniki, as well as the small remote villages and islands such as the island of Agistri. Agistri, an island located close to the Greek...

Greece's History of Loans Since 1824

Greece has been in the center of international attention since 2008 due to the financial crisis that broke in the country. However, this is not the first time Greece has faced severe financial problems or even come face to face...

Study: Greek Crisis Benefited Germany More than 100 Billion Euros

A new study by a German think tank revealed that Germany has gained more than 100 billion euros since 2010 due to the Greek crisis. "The debt crisis resulted in a reduction in German bund rates of about 300 basis points...

Greek Finance Ministry Explains New Public Asset Fund

In order to secure a bailout deal with international creditors, Greek Prime Minister Alexis Tsipras had agreed to establish a fund that would monetize 50 billion euros of Greek public assets through privatizations and other means. The fund's headquarters will...

French Actress Calls on European Leaders to Leave Greece Alone

Upon her arrival in Edinburgh, famous French actress Juliette Binoche called on European leaders to leave Greece alone for a while. Specifically, the actress who is going to play Sophocles’ Antigone at the Edinburgh International Festival, expressed her support towards...

Greek Marathon Suffers Heavy Blow Due to Crisis

Greece’s financial crisis has led to several cuts in various sectors. Now, the country’s financial turmoil has delivered another heavy blow, this time affecting the famous November Marathon run, an ancient Greek tradition that takes place in Athens every...

Greek Manufacturing PMI Recorded Unprecedented Contraction in July

Adding to a dismal Monday for the Greek economy, that has seen a stock market crash and significant revenue losses for Greek firms, financial information service company Markit released its July survey results on Greece's Manufacturing Purchasing Managers Index. The Manufacturing PMI denotes the well being of...

Greece Not An Investment Destination Anymore

Greece is considered to be extremely risky by most greenfield investors due to the current economic and political turmoil tantalizing the country, according to the Financial Times. "Greenfield investment into Greece has all but ground to a halt as the country teeters on the brink of...

Washington Post Explains the Greek Crisis Through Greek Olive Oil Exports

The Washington Post masterfully used the example of the "liquid god," which is no other than the Greek olive oil, in an attempt to explain - in simple terms - the Greek financial crisis to its readers. The article revealed what really happens...