Calamos Supports Greece

Poverty

Poverty Rising Again in Greece with Three Million at Risk

Poverty is on the rise in Greece with a total of 29.5 percent of the total population—around 3,092,300 people—at risk of poverty or social exclusion, according to an independent report published on Monday. According to "Poverty Watch Greece 2022" of...

Lidl Under Fire for Suing Elderly Woman Stealing Food to Survive in Greece

Supermarket chain Lidl came under fire in Greece after a 70-year-old woman tried to steal some food worth 30 to 40 euros on Saturday -- because she was hungry. The German chain that has been operating in Greece for...

Pope Francis: Greece Helped Humanity Expand its Horizons

Pope Francis, who began a three-day visit to Greece on Saturday, spoke warmly about the hosting nation and its contribution to humanity at a ceremony held in the Presidential Mansion in Athens. Addressing Greece's President Katerina Sakellaropoulou, PM Kyriakos Mitsotakis,...

WHO Reverses Course, Calls on Nations to Avoid Coronavirus Lockdowns

Since the beginning of the coronavirus pandemic, lockdowns have been used by governments all over the globe to try to control the spread of the virus. Implementing draconian rulings which forbid citizens from stepping foot outside their door unless armed...

Greece to Make Minimum Guaranteed Income a Constitutional Right

Greek Prime Minister Kyriakos Mitsotakis announced on Tuesday that his government will bring forward a constitutional amendment guaranteeing a basic income for all of its citizens. The surprising announcement was made through the Prime Minister's personal Twitter account. ''We constitutionally guarantee...

Poverty Threat Among Greeks Drops Significantly But Remains High

The percentage of Greeks who are at risk of poverty or social exclusion fell by three percentage points in 2018 compared to 2017. 31.8 percent of the Greek population were at risk of poverty or social exclusion in 2018, compared...

Greek Man Attempts Suicide in Electric Company Offices due to Inability to Afford Bill

Citing an inability to pay, a man swallowed a handful of pills inside the Public Power Corporation office in the city of Patras upon finding out the monthly installment amount he was due to pay for his overdue bill. According...

One in Three Greeks Lives In Danger of Poverty, Data Show

34.8 percent of Greeks live in poverty or in danger of poverty, according to data revealed by the European Statistics Authority, Eurostat. More specifically, 20.1 percent of Greeks live in conditions of poverty and social exclusion, with 14.6 percent of the...

Eurostat: One in Five Greeks Cannot Afford to Pay their Bills

Greece shows the second highest rate of severe material deprivation (21.1 percent) in the EU, meaning that more than one in five Greeks can not afford to pay their bills, Eurostat says. According to a report called "Can you afford to...

Study: 700,000 Middle Class Greeks Face Poverty

A new study on poverty and economic inequality in Greece shows that 700,000 people who were middle class, are now confronted with poverty. According to the diaNEOsis organisation, income inequality in Greece gradually declined from the relatively high level before...