Calamos Supports Greece

Greek Statistics

Greeks Have the Highest Working Hours in Europe, New Study Reveals

New statistics from the University of Groningen, incorporating Eurostat data, reveal that Greeks have the most working hours among Europeans. The new data showed that Greece leads the pack with an impressive average of 2,036 working hours per year. Poland and...

Unemployment in Greece Falls to 10.8%

In May, the unemployment rate in Greece fell to 10.8% according to data released by the  Hellenic Statistical Authority on Friday. The newly released statistics are generally consistent with a trend toward lower unemployment in Greece over the past few...

FT: Greece Will Miss Deadline For Reporting Revised Deficit Figures

"Greece will miss today’s European Commission deadline for reporting revised budget deficit figures for the past two decades, preserving a mystery about the degree to which Athens fudged official statistics in order to join the euro," reads a recent Financial...

Greek Retailers Slump Killing Economy

With austerity-crunched Greeks keeping their wallets in their pockets, retail stores are taking a big hit, with sales dropping like a stone in 2012, for a fourth consecutive year. The businesses reported an overall 10 percent slide and expect...

Greek Statistics Chief: "I’m Being Prosecuted for Not Cooking the Books”

ATHENS – Greek Statistics Chief Andreas Georgiou, an American-trained economist and former chief of numbers for the International Monetary Fund brought in last year to restore accuracy to the country’s reporting systems, says a pending probe against him on...