Calamos Supports Greece

Greek workers

Greek Labor Costs Fall Sharply

A research paper from Conference Board shows that southern European countries have the lowest labor costs in the European Union, with those in Greece falling fastest because of austerity measures that have reduced the minimum wage and are scrapping...

Greece Gears Up for Week of Strikes Against Cuts

Greek Prime Minister Antonis Samaras faces the first real test of his already-shaky three-month coalition government this week with the walkout of public workers in several sectors and a 24-hour general strike on Sept. 26 against another round of...

Hotel, Restaurant Workers Plan 24-Hour Strike This Week

Greece’s catering and tourist industry employees called a 24-hour strike for June 27 to protest measures, including wage cuts, demanded in exchange for a second international bailout for the country. “Employees are blatantly using the avalanche of measures, which are...