Calamos Supports Greece

Retail

Retail Giant Carrefour Returns to Greece After 10-Year Absence

French retail giant Carrefour announced on Tuesday its return to Greece after 10 years -- this time with a different partner and targeting small retailing through collaboration with local chains. Carrefour, headquartered in Massy, France, is the eighth-largest retailer in...

Covid-19: Retail Stores to Reopen in Greece; 610 Cases Friday

The retail sector is set to reopen in Greece as the country has successfully battled its second wave of Covid-19 during its two-month lockdown. Starting Monday, January 18, Greece's retail sector, along with hair and nail salons, will be open...

Greece Almost Back to Normalcy as Retail Shops, High Schools Open

More than 150,000 employees returned to work on Monday, with most retail shops opening, as Greece enters the second phase of the relaxation of measures to contain the coronavirus. A government deputy minister said about 25 percent of all the...

Greek Retailers Disappointed With December Sales

December retail sales in Greece were once again disappointing, after retailers were expecting the busiest month of the year to curb the downward spiral of sales, a study shows. The market turnover in the last month of the year, which...

Winter Sales Start on January 9 in Athens and Thessaloniki

Winter sales will kick off in Athens and Thessaloniki on Monday, January 9, the two cities' Chambers of Commerce said on Tuesday, adding that shop owners may also choose to open on the following Sunday, January 15. For stores that will...

Retail Sales Hit Record Lows Across the Board

Across the board retail sales are registering new record lows in Greece according to the latest data released by the retail commerce sector. According to the data ekathimerini.com recently published, everything from electronic stores to clothing stores are struggling to make...

Free Groceries and Cars for Those Who Use Credit Cards

Taxpayers who use "plastic" money will receive numerous benefits that are not available to those who pay in cash. New legislation being drawn up by the Ministry of Finance includes huge incentives for electronic payments. Tax reductions and the chance...

Greece's Retail Sales Drop 1.5% in April

Greek retail sales by volume dropped 1.5 percent in April compared to the same month in 2015, according to Greece's statistical authority, ELSTAT. The figures released on Thursday show that the drop came after an upwardly revised 1.2 percent slide in March. Poor...