Calamos Supports Greece

Romania

More Greek Businesses Deposit Their Money in Bulgarian and Romanian Banks

Bank deposits of Greeks in Bulgaria and Romania increased by 10% and 8% respectively while in Greece deposits dropped by 23% in 2015, the largest since the outbreak of the economic crisis in 2008. According to a Kathimerini newspaper report,...

EC Refers Greece to the EU Court of Justice for Single Market Rail Violations

The European Commission decided to refer Greece, Luxembourg and Romania to the Court of Justice of the EU on Friday for failing to transpose into national law Directive 2012/34/EU establishing a single European railway area. The Directive aims at strengthening...

Romania’s Syrtaki World Record Hopes Dashed by Rain, Greece Still the Record-Holder (Video)

Romanian hopes of setting a Guinness Book World Record for dancing Greece's famous syrtaki dance from the 1964 film "Zorba the Greek" were dashed over the weekend. A storm struck the Black Sea port on Saturday making the ability...

Greek Expat Community in Romania Growing, Concern for Education

As the economic crisis in Greece continues, many Greek businesses and families have made the move to Romania in hopes of a brighter future for themselves and their children. The size of Romania's Greek community is growing at a...

Microsoft Denies Reports on Cancelling its Investments in Greece

Microsoft announced late on Thursday that the company does not intend to cancel any investments in Greece, amid reports that it is planning to transfer its activities in Romania. "The company continues its scheduled investment activities in Greece, as it...

Costas Mandylor Announces Wedding in Romania

Costas Mandylor, the Greek-Australian actor from the "Saw" franchise, just announced that he will marry his fiancee in Bucharest this fall after spending a few days in Romania. Mandylor was a special guest of the Superkombat World Grand Prix in...

Greece, Bulgaria and Romania Agree on Constructing 'Vertical Gas Corridor'

The Energy Ministers of Greece, Bulgaria and Romania agreed on the construction of a gas interconnection grid, which is scheduled to begin on March 2016 and completed by the end of 2018. According to Bulgarian Energy Minister Temenuzhka Petkova,...

Opening of ‘Athena’ Greek School’s New Building in Romania

During his two-day visit to Romania this Wednesday and Thursday, Greek Deputy Foreign Minister Kyriakos Gerontopoulos attended the opening of “Athena” Greek School's new building. Later, he took a tour around the classrooms and other areas of the new facilities, while he...

Greek Toy Company Shows Increase in Sales

Jumbo, a leading Greek toy retail company, operating 53 stores in Greece and 14 stores in Cyprus, Bulgaria and Romania, has announced that its turnover for the first quarter showed an 11% increase. Jumbo stated that its strong growth in Bulgaria and...

Greek Deputy Foreign Minister to Visit Romania

Greek Deputy Foreign Minister Kyriakos Gerontopoulos will visit Romania on Tuesday, October 20. During his two-day stay in the country, Gerontopoulos will attend the opening ceremony for the new building of Greek school “Athena” in Bucharest. Gerontopoulos will then meet with...