Calamos Supports Greece

OECD

OECD: Unemployment Close to 28% for 2014

The forecasts for unemployment in 2014 are ominous, according to data in a recent OECD report, which estimate that unemployment will dramatically increase in 2014, leaving 48 million people jobless in 34 member states of the OECD, among which...

The Long, Sad Lonely Greek Life

Where's Zorba when you need him? There's good news and bad news for the Greek lifestyle, according to the Better Life Index compiled by the Paris-based Organisation for Economic Cooperation and Development (OECD.) The good news is that they live...

Greece Pushes Sunday Store Openings

A long-standing Greek practice of keeping most stores closed on Sunday looks like it's going to change. Small stores of up to 250 meters will be allowed to open every Sunday under a bill being prepared by the government. Larger...

Greek Scientific Publications Gain Notice

Science is one of Greece's strongest fields and publications about it are picking up international popularity. The number of the Greek scientific publications increased from 1996 until 2009 at a pace faster than other other counties of the European Union...

Greece's Most Corrupt: Political Parties

The most corrupt institutions in Greece - the most corrupt country in the European Union according to Transparency International - are the political parties critics say are running it into ruin. Politicians and journalists are viewed as on the take...

Greece Attracts Investments from UAE

Greek Finance Minister, Yannis Stournaras, and UAE Minister of State for Financial Affairs, Obaid Humaid Al Tayer, signed on June 27 a protocol amending the agreement on the avoidance of double taxation that was signed in Abu Dhabi in...

Greeks Owe $6.75M in UK Student Loans

Greek students who decided to attend colleges in the United Kingdom have fallen behind on what they owe on students loans and have accuulated 4.3 million pounds ($6.75 million) in unpaid loans. Students in European Union countries are eligible for...

Greek Immigrants Like Germany Best

With Greece's crushing economic crisis creating an exodus, especially the young, to other countries, the Paris-based Organisation for Economic Co-Operation and Development (OECD,) said that Germany remains the destination of choice for them. Germany ranks fifth in the list for...

Greece Takes the Lead in Shadow Economy

Shadow economy in Greece has hit a high record of 24% of the GDP or approximately around 45 billion euros, according to a relevant research realized by the Institute of Economic Affairs. According to the survey, Greece ranks 1st among...

Talks of Recovery in Greece Are Premature

In a revealing article cited in the Guardian, the journalist wonders where the change in politicians and bankers' attitudes in Greece comes from. These people are trying to show an image of Greece that is no longer in deep...