Calamos Supports Greece

Greek Economy

Greece Falls in Rule of Law World Index

Greece has dropped eight positions in the World Justice Project's latest Rule of Law Index, an annual global report that measures adherence to fundamental tenets of an open and functional government and society. Greece is now ranked 48th out of...

EU to Relax Post-Bailout Monitoring of Greece

Greece is expected to get the green light from the June 16 meeting of the Eurogroup, in order to exit from its enhanced surveillance status.

PM Mitsotakis Tells MSNBC “Greece is Back on Track”

Greece is back and the Greek economy is on track after the economic crisis that led to rescue programs, Prime Minister Kyriakos Mitsotakis said on MSNBC's "Morning Joe" show on Monday. Mitsotakis began a two-day visit to the United States,...

EU Commission Revises Forecast for the Greek Economy Downwards

The European Commission revised its forecasts for the Greek economy downwards on Monday, envisaging a GDP growth of 3.5 percent in 2022 and 3.1 percent in 2023 (from 4.9 percent and 3.5 percent respectively in its winter forecasts made...

Greece Announces Return to Capital Markets

On Tuesday, Greece announced its return to international capital markets and mandated six banks to run a reissue process for a 7-year bond maturing in April 2027. The 7-year bond issue carries a coupon of 2 percent and yields 2.013...

Greek Economy Upgraded by S&P Global Ratings

The Greek economy got a vote of confidence by S&P Global Ratings on Friday which upgraded its debt rating to BB+. “The upgrade reflects our expectation of a continuous improvement in Greece’s policy effectiveness, while the fallout from the war...

NYSE Marks Greek American Issuer Day

Dozens of top-level speakers from Greek and international governments, as well as business and financial communities offered an insightful blueprint of the state of the Greek economy during the “23rd Capital Link Invest in Greece” Forum which was held...

Greek Economy to Grow by 4.9 Percent in 2022, EU Says

The Greek economy is expected to grow by 8.5 percent in 2021, 4.9 percent in 2022 and 3.5 percent in 2023, the European Commission said in its Winter economic forecast report released on Thursday. It, therefore, revised upward its earlier...

Athens Stock Exchange Reaches Levels Unseen Since 2014

The rally at the Athens Stock Exchange (ATHEX) which began at the end of 2021 reached a peak earlier this week when the index climbed to levels unseen since 2014. The last time the main index stood above 950 points...