Calamos Supports Greece

Labor

Farmers End Protest, Blockade at Nikea

Protesting farmers from Thessaly withdrew their tractors from their blockade at Nikea on Saturday. The farmers said they will gather again on March 1 outside the courthouse at Larissa and at a rally at Kileler on March 17. The farmers...

Greece Raises Minimum Wage to €650, Nixes Sub-Minimum for Under-25s

Greek Prime Minister Alexis Tsipras announced on Monday that the nation will raise its minimum wage to €650 ($745) per month, and his government will abolish the ''sub-minimum'' wage which has been paid to those under the age of 25. Tsipras declared...

Greece to Raise Minimum Wage in February

The Greek government will increase the minimum wage effective February 1st, according to Labor Minister Effie Achtsioglou. She announced the measure on Friday in an interview with the News 24/7 radio station in Athens. "The increase will be implemented as...

Teachers Clash With Police in Central Athens

Dozens of teachers clashed with the police outside the Greek parliament in Syntagma Square on Friday over the government's proposed reforms to the educational system. Riot police used tear gas to push the demonstrators away in clashes which happened to...

ILO Finds Real Wages in Greece Fell by 3.5% in 2017

According to a study published by the International Labor Organization (ILO), real wages in Greece fell by 3.5 percent in 2017, the biggest decline recorded since 2013. This figure is the highest among the EU member states, with only Azerbaijan...

Greek Workers Call General Strike for Wednesday

Greece's largest trade union organisation (GSEE) representing private-sector workers, has called for a 24-hour nationwide general strike on Wednesday. The union is also organizing a rally in Klafthmonos Square in central Athens at 11:00 (0900 GMT) on Wednesday morning, urging workers,...

Municipal Workers Storm Greek Ministry of Labor

Dozens of members of the POE-OTA union representing municipal workers stormed the Labor Ministry headquarters in central Athens on Monday morning. They demanded a meeting with Minister Effie Achtsioglou after the the death of a 53-year-old driver of a municipal...

Greek Public Sector Workers on Strike Over Pay, Pensions

The largest union representing public sector employees in Greece has called for a 24-hour strike on Wednesday. ADEDY, which represents about half a million public sector workers, is demanding wage and pension increases. It wants the left-led Syriza government to retract...

Greek Unemployment Drops to Lowest Level Since 2011

Greek unemployment rate fell to 18.9 percent of the workforce in August, falling to its lowest level since August 2011, according to figures released on Thursday by the Hellenic Statistical Authority (ELSTAT). The number of unemployed people fell by 95,760...

Greece's Civil Servants Call 24-Hour Strike Over Pay, Pensions

ADEDY, Greece’s largest public sector union will stage a 24-hour walkout on November 14 to demand wage and pension increases, hirings and tax cuts. “Now that we’ve become a normal country with a normal government which is no longer supervised...