Calamos Supports Greece

spending

Greece Second Only to US in NATO Defense Spending

Greece is the country that spends the highest amount of money in NATO for its defense as a percentage of its GDP, after only the United States, official data recently revealed. According to the available data from NATO, only five...

Greece Seeing More Tourists — But They Spend Much Less

According to a study published on Tuesday by the Bank of Greece, tourism revenues, measured on a per capita basis, have declined in Greece over the last several years. This finding came as a bit of a surprise, as Greece...

Greece and Cyprus Top EU in Restaurant and Hotel Spending

Some surprising revelations emerged from the results of an EU study announced recently. The 2017 study, by Eurostat, the official statistical authority of the European Union, reported how much the typical European household spends on recreation. The figures, which were released on...

Greeks Not Able to Purchase Items Beyond Daily Needs, GfK Survey Reveals

A survey conducted by GfK was released on Thursday revealed that Greeks can not afford to purchase items beyond their daily needs. There was also a notable gap between consumer sentiment in Greece and other EU countries in 2016, according...

BoG: Lowest Revenue From Tourism in Three Years

According to figures from the Bank of Greece (BoG) released on Monday tourism revenues drastically decreased in 2016 compared to previous years. The data shows that tourism revenues showed a 6.6 percent annual drop bringing total revenues to equal 13.03...