Calamos Supports Greece

Greek trade

Mycenaeans Were the Traders of the Bronze Age Mediterranean

The Mycenaean Greeks had a rich and powerful civilization which thrived in the Bronze Age. However, what was the extent of their trade relations around the Mediterranean? How far did they actually go, and what groups did they trade...

Greek-Owned Cargo Ship Hits a Russian Naval Mine in Ukraine

On Thursday morning, a Greek-owned cargo ship sailing under the Panamanian flag in the Black Sea struck a Russian naval mine while en route to Ismail in Ukraine. The Incident: Ship Strikes Russian Naval Mine in Ukraine The ship, named Vyssos,...

Greek Shippers Exit Russian Oil Trade Amid Growing US Scrutiny

Three major Greek shipping companies, Minerva Marine, Thenamaris, and TMS Tankers, have ceased transporting Russian oil in recent weeks to avoid US sanctions. They are aimed at targeting shipping firms engaged in the movement of Russian oil. The move is...

Iron Age Finds Point to Mediterranean-Wide Trade in Metals

New analyses of isotopes of ancient copper ingots have disclosed secrets of the surprising range of early Iron Age trade routes and how Mediterranean peoples of that time sourced metals from many areas to create their tools. The ingots, which...

Greek Trade Deficit Down 11.6% Between January and May

Greek trade deficit shrank by 24.2% in May as imports fell drastically during the month, pushing it 11.6% lower in the January-May period, the Hellenic Statistical Authority (ELSTAT) said on Wednesday. ELSTAT noted that the value of import-arrivals totaled 3.583 billion euros in May,...

How Capital Controls Affect Life in Greece

The imposition of capital controls will bring radical changes and major restrictions on trading activity. Greek banks will be closed for a week, until next Monday, July 6. The decision to close the banks was made in order for...