Calamos Supports Greece

Poverty

Crisis Makes Greece 3d Poorest In E.U.

Once a rising economic power in the Balkans, a crushing economic crisis has stripped Greece of much of its wealth and pushed to ahead of only neighbors Romania and Bulgaria among the poorest countries in the European Union. Greece is...

Crisis Pushes Greek Poverty To 31%

Unrelenting pay cuts, tax hikes and slashed pensions have put 31 percent of the Greek population at risk of poverty or social exclusion in 2011, according to a report released by Eurostat on Feb. 26. According to the report’s...

GSEE Union Says Workers Pay For Crisis

In its monthly report on employment, wages, and taxes, GSEE, the General Union of Workers in Greece, claimed poverty is rising in unprecedented levels and that the tax system is stealing from the poor to give to the rich....

Poverty Sweeps Europe, Greece Hard Hit

Nearly 120 million of Europe's inhabitants are at risk of poverty or social exclusion, equal to about a fourth of the population of the EU-27 (24.2%) according to figures from the European Union's statistics agency, Eurostat. The agency figures for...

Greece Ready To Tax Those In Poverty

Looking everywhere for cash, a frantic Greek government is reportedly ready to scrap the tax-free threshold of 5,000 euros, or $6,561 a year and make the desperately poor pay taxes for the first time. The level had been reduced to...

Australia No Paradise for Many Greeks Living in Poverty

While many Greeks view Australia as a place to begin a career and life anew and flee Greece's economic crisis, many Greek-Australians are living in extreme poverty, according to an article in the Neos Komsos newspaper. The sad truth was...

European Suicide Politics: Why So Many Greeks Are Suddenly Taking Their Own Lives

Accusations and counter-accusations of political, social and economic "suicide" are on the daily agenda of the new election campaign in Greece called for June 17. The rhetoric of suicide has been employed  by politicians and by journalists and commentators....

Survey Reveals Rising Poverty Levels in Greece

Published in April 2012, the 6th Flash Eurobarometer survey, “Monitoring the social impact of the crisis: public perceptions in the European Union,” statistically depicts the dramatic reality plaguing Greek people amidst the fifth year of recession. Conducted by TNS Political...

Poverty is Testing 3 Million Greeks

Last year, was the worst year economically after the regime change. The situation in Greek society had already become dramatic even before the coming of the hardships that were gathered throughout the year, with a background of continuing taxation...

Christmas Holidays in Caves for Homeless People of Athens

Dozens of homeless people in Athens will spend the Christmas holidays in the sheltering caves of Philopappou Hill, away from the rain and the cold weather. According to two reports conducted by the Ministry of Health and the Municipality of...