Calamos Supports Greece

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Greece, Cyprus, Israel Energy and Water Deal Signed

Cyprus, Greece and Israel signed a deal to cooperate over energy and aiming at securing Europe΄s energy supply yesterday. A memorandum of understanding was signed by Cypriot Energy Minister George Lakkotrypis, his Greek counterpart Yannis Maniatis and Israel΄s Silvan Shalom. A...

Handelsblatt: Greece, a “New Norway”

A New Norway, but in the Mediterranean is the title of Handelsblatt's article about Greece's hopes of solving the economic crisis by exploiting the mineral wealth of the country. According to the financial newspaper, no one is able to speak...

Greece Sits on Huge Offshore Gas Reserve, Study Says

Offshore natural gas could dramatically change Greece's fortunes, should early estimates of €464 billion worth of reserves be confirmed, according to a study presented to Prime Minister Antonis Samaras and seen by Reuters. The study, collating existing scientific data, says...

Polys Haji-Ioannou Says Gulf Oil Flow Will Withstand Crisis

A Greek shipowner whose family’s oil tankers were hit by missiles during the 1980s Iran-Iraq war said he expects Persian Gulf crude exports to continue after Iran’s threats to block shipments through the Strait of Hormuz. Stable prices of oil,...

Secret Conversations of Papandreou about Gas

The magazine “Epikaira” brings to light secret communications of the Greek Prime Minister with Israel and USA regarding the exploitation of oil and gas resources as a possible solution to the economic crisis. The Exclusive Economic Zones with Cyprus...