Calamos Supports Greece

Mitsotakis

President Biden to Meet Greek PM Mitsotakis on May 16

President Biden will meet Greek Prime Minister Kyriakos Mitsotakis at the White House on May 16, Press Secretary Jen Psaki announced Thursday. According to the announcement, the meeting provides an opportunity to "affirm our strong bilateral partnership and to celebrate...

Greece Raises Minimum Wage by €50 a Month

Greece's Prime Minister Kyriakos Mitsotakis announced on Wednesday that the minimum wage will be raised by €50 a month ($54) from €663 at present to €713 ($773) beginning on May 1st. In a televised address, Mitsotakis asserted that the latest...

NYSE Marks Greek American Issuer Day

Dozens of top-level speakers from Greek and international governments, as well as business and financial communities offered an insightful blueprint of the state of the Greek economy during the “23rd Capital Link Invest in Greece” Forum which was held...

Greece Sets 2023 as Make or Break Year for Natural Gas Exploration

Greece said on Tuesday that by 2023, it will be known whether it has natural gas reserves that are economically viable to extract, as the country tries to cut its reliance on Russian energy. Prime Minister Kyriakos Mitsotakis, who met...

Greek PM Mitsotakis Discusses Economic Impacts of Ukraine War

During a panel at the Delphi Economic Forum on Saturday, Greek Prime Minister Kyriakos Mitsotakis discussed the economic impacts of the war in Ukraine on both Greece and Europe as a whole. Mathias Cormann, Secretary-General of the Organization for Economic...

Greece Receives 3.6 Billion Euros from EU Recovery Fund

Greece received on Friday a 3.6 billion euro ($3.9 billion) payment out of its allotted 30.5 billion from the European Union’s pandemic recovery fund. The announcement was made by Valdis Dombrovskis, the European Commission’s executive vice president, via video link...

Greece Launches Largest Double-Sided Solar Farm in Europe

Earlier this week, Greece established the largest double-sided solar farm in Europe in Kozani, Macedonia, was built by Greece's biggest oil refiner, Hellenic Petroleum (Helpe). The two-sided, or bifacial, system of panels will supply power to 75,000 households and connect...

Greece, Italy, Spain, Portugal Push for Energy Market Reform

The leaders of Greece, Italy, Spain, and Portugal agreed on Friday to push the European Union to reform the energy market and reduce prices. In statements after remotely participating in a quadrilateral summit held in Rome, Greek Prime Minister Kyriakos...

Greece Vows to Rebuild Bombed Maternity Hospital in Mariupol, Ukraine

Greece's Prime Minister Kyriakos Mitsotakis on Friday said the country is ready to rebuild a maternity hospital destroyed last week by Russian shelling in the southeast Ukrainian city of Mariupol. “I want to express my abhorrence for what is happening...

Greece Announces Economic Support During Energy Crisis

Greek Prime Minister Kyriakos Mitsotakis announced an economic aid package for Greeks during the energy crisis on Wednesday as people are struggling to keep up with rapidly increasing costs. The total package amounts to 1.1 billion euros to be distributed...