Calamos Supports Greece

Greek investors

Greece Close to Regaining Investment Grade Status, Goldman Sachs Says

On Friday, Goldman Sachs said that Greece is "on the cusp" of regaining an investment-grade rating more than 12 years after Greece's credit rating was impacted by the financial crisis. According to Goldman Sachs, the second-largest investment bank in the...

NBG Governor: '2016 Marks the Beginning of a New Course for NBG

National Bank of Greece Governor Louka Katseli noted: "2016 marks the beginning of a new course for National Bank, which next year celebrates its 175-year anniversary," on Monday, ahead of the listing of new shares in the stock market. Katselli...

European Central Bank Approves Reopening of Athens Stock Exchange

The European Central Bank (ECB) approved on Tuesday a modified plan, submitted by the Greek government, to reopen the Athens Stock Exchange (ASE), a month after it was shut down due to capital controls. The ECB's final recommendation is that transactions by foreign investors will...

UK Royal Mint: Greeks Buying Gold Due to Political Instability

The demand for gold coins has increased significantly in Greece over the last three months, as Greek investors are looking for a “safe haven” in light of the country’s political instability, notes the British Royal Mint. According to Bloomberg, the...

Plans for Greek China Town

Greek investors and Chinese real estate companies are gearing up to build the Greek China Town next to Athens International Airport. A new property of 120 hectares will be added to the city plan, paving the way for large-scale...

Greeks Prefer to Invest Abroad

Greek investors appear cautiously optimistic for 2014, but they are hesitant to put their money where their mouths are. They estimate the domestic economic recovery to be weak, so are looking at foreign real estate and investment markets. For the...