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As Covid Cases Rise and Elections Approach, Stay Focused on the Long Term Says Calamos

With the US election around the corner and the Coronavirus pandemic advancing we asked Greek American financial guru John Calamos to offer advice for investing during our turbulent times. By John P. Calamos Sr. Over recent days, markets have been rattled...

Calamos Sees Signs of Economic Recovery in COVID-19 Hit Times

Calamos Investments has published its views on markets and the economy in its latest 'Economic and Market Outlook.' Although there is considerable uncertainty and many challenges on the horizon, they see signs of recovery and cause for cautious optimism. The...

Athens Stock Exchange Tumbles as World Markets Infected by Coronavirus Panic

The Athens Stock Exchange plunged 13.39 percent on Monday, as investors worldwide react to the coronavirus and the oil price war launched by Saudi Arabia overnight. OPEC and Russia added to the worst one-day crash in crude prices in nearly 30...

Greek Bonds Drop Below 1% Milestone For the First Time in History

Greece's 10-year state bonds broke into new historic record-low territory on Wednesday, dropping below the one-percent milestone for the first time in history. The country's 10-year bonds were trading at a yield of 0.962% on Wednesday afternoon, down from 1.08%...

Greek 15-Year Bond Attracts Record Orders at Very Low Interest

With bids reaching a stunning 19 billion euros, Greece's first 15-year state bond offers book closed in very impressive fashion on Tuesday afternoon. The Greek state had initially intended to withdraw just 2.5 billion euros, but the investor's trust in...

Greece Launches 15-Year State Bond, Signaling Return to Financial Normality

Greece's Public Debt Management Authority announced the launch of a 15-year state bond in a statement released on Monday. The announcement came just 48 hours after the credit rating agency Fitch upgraded the country's credit rating to BB from BB-. This...

2019 Proves to Be the Best Year for Greek Stocks in Two Decades

Barring any unforeseen turbulence which might occur in the very last days of 2019, the Athens Stock Exchange (ATHEX) is set to celebrate its best year since the turn of the millennium. ATHEX is among the top performers among stock...

Greek Borrowing Costs Drop Lower Than Italy's for First Time Since 2008

The yield spread between the Greek and Italian state bonds fell into negative territory on Thursday for the first time since 2008, meaning that the Greek state can borrow money at a cheaper rate than Italy in capital markets. The...

Greece Expected to Tap Financial Markets With New 10-Year Bond

Greece will very soon seek to pump additional money from global markets in an effort to capitalize gains made on the historically-low interest rates that the country has been enjoying over the last several months. Greek authorities have requested the major...