Calamos Supports Greece

housing costs

Flatshares Gain Ground in Greece Amidst Cost-Of-Living Crisis

Flatshares gain ground in Greece, according to new data, as an increased number of Greeks are willing to share their accommodation with more people amidst the current cost-of-living crisis. Greek online platforms which aim to connect people from across the...

US Fed Raises Interest Rates for First Time Since 2018 to Stem Inflation

The US Federal Reserve announced a quarter-percentage point interest rate increase on Wednesday, nearly two years to the day the central bank slashed its benchmark federal funds rate to zero amid the recession triggered by the COVID-19 pandemic. "It's clearly...

FEINTS: Greeks Spend Over 40% of Income on Monthly Housing Costs

The European Federation of National Organizations Working with the Homeless (FEINTS) recently did a survey which revealed that Greeks are spending more of their income than any other EU country on housing costs. The costs taken into consideration are everything...

Four in Ten Greeks Spend Twice the EU Average in Housing Costs

Four in 10 Greeks spend twice as much as the average European Union household on housing costs, according to a Eurostat survey. More specifically, four in 10 Greeks spend more than 40 percent of their disposable income on housing costs,...