Calamos Supports Greece

Greek Crisis

National Bank Chief Katseli Speaks Positively about Greek Banking Sector Post Recapitalization

Luca Katseli, chief of the National Bank, addressed the annual Clinton Global Initiative Congress in New York, and spoke about Greece's position after the completion of Greek bank recapitalization this year. "The Greek banking sector will be in a position to...

Two Germans Turn Greek Crisis into a Board Game

Nikolai Diekerts, 28, and Julian Schärdel, 29, are friends and they share a common passion: board games. However, they are interested in finding new games that escape the mainstream board game market rules and promote their own ideas. It appears...

Greek Unemployment Rate Decreases Slightly in 2015 Second Trimester

The Hellenic Statistical Authority (ELSTAT) announced on Thursday that the Greek unemployment rate fell to 24.6% in the second trimester of 2015, from 26.6% in the year's first trimester. By the end of this year's second trimester 1,180,441 people were jobless while 3,625,545...

OECD: Greek GDP Per Capita Dropped By 22.8% in Eight Years

The Organization for Economic Cooperation and Development published new data on Tuesday that highlights, among other figures, the negative performance of the Greek economy in the last eight years between the first quarters of 2007 and 2015. The initial decline in Greece's various economic indexes...

Greek Free Clinic Says Child Mortality Has Risen

For the first time in Greece’s peace time history the birth-death indicator is negative and child mortality has risen, the spokesman of the free clinic "Metropolitan Social Clinic of Elliniko," Giorgos Vihas, told ANA-MPA, during a presentation of poverty...

Number of Unvaccinated Children in Greece Rises due to Economic Crisis

The Greek branch of Doctors of the World reported in a recent press conference that more than 250,000 children in Greece do not have access to public healthcare and do not receive the necessary vaccinations. Doctors of the World general...

Greece's GDP Up by 1.6% in Q2

The Greek economy grew by 0.9% in the second quarter of 2015 compared with the first quarter and by 1.6% compared with the second quarter last year, Eurostat said on Tuesday. In a report released here, the EU executive's statistics...

European Central Bank Decreases ELA to Greece

The European Central Bank Governing Council decided on Thursday to reduce the Emergency Liquidity Assistance to Greece down to 89.1 billion euros. The approximately 600 million euro decrease comes after a first 700 million euro decrease in August. Greek banks are expected...

Matt Damon: New Bourne Film Inspired by Greek Crisis

After 8 years another sequel to the Jason Bourne films is finally in the making, and star Matt Damon says this new movie was inspired by Edward Snowden and the current Greek crisis. In addition to the fact that Damon...

Greece: Time for Some Forgiveness

By Professor Dimitri Gonis A taxi ride through the Peloponnese is an eye opening experience. It's about 300 kilometres and a three hour drive from Kalamata to Athens. The fee is 250 euros or about 380 dollars; more than half...