Calamos Supports Greece

northern Greece

IKA Chief Charged for Exempting Company from Payment

Rovertos Spyropoulos, who heads Greece's main social security fund IKA, is facing charges of helping a major company evade its commitments to the organization. Rovertos Spyropoulos is alleged to have obstructed the seizure of assets of a supermarket company that owed more than...

KRI-KRI: €20M Yogurt Factory Investment in Northern Greece

Greek dairy company, Kri Kri is moving ahead with a 20 million euro investment in a new yogurt production unit, located in Serres, Northern Greece. This decision was taken after the company’s previous production unit was destroyed by fire...

Teacher Dies of Brazier Fumes in Northern Greece

A 49-year-old teacher from the 2nd High School of Alexandria died in his home in Alexandria Imathias, Northern Greece. The teacher had previously received permission from the school’s principal to leave and go home. When he arrived at the...

After Crete, New Earthquake Hits Thessaloniki

After Crete a new earthquake occurred in Northern Greece, in the area of Thessaloniki. The earthquake was mostly felt in the western regions of the city. The weak earthquake measuring 3.6 on the Richter scale (according to the Euro-Mediterranean Seismological...

Lev, Denar and Drachma Close Friends?

Some years ago, Greeks were discussing the cheap markets of Bulgaria and FYROM. They were rich enough to travel once or more a week to Sofia, Skopje and other cities to buy clothes and shoes at a good price. Hotels...

Canadian Mining Company To Invest $2 Billion in Greece

Canadian mining firm Eldorado Gold Corporation announced on Monday that it would make a $2 billion investment in recession-hit Greece, which is expected to create 2,000 jobs over several years as a result of its acquisition of European Goldfields...