Calamos Supports Greece

unemployment

Greece Sees Economy Growing by 2.9 Percent in 2024

Greece expects its economy to grow by 2.9 percent next year from 2.4 percent in 2023, according to the final budget plan for 2024 tabled in Parliament on Tuesday. The budget plan will be discussed in the Parliamentary Economic Affairs...

Greeks Have the Highest Working Hours in Europe, New Study Reveals

New statistics from the University of Groningen, incorporating Eurostat data, reveal that Greeks have the most working hours among Europeans. The new data showed that Greece leads the pack with an impressive average of 2,036 working hours per year. Poland and...

Unemployment in Greece Now Lowest Since 2009

The unemployment rate in Greece eased to 10.8% in January, down from 12.4% in December, data from the statistics service ELSTAT showed on Thursday. The reading was the lowest since December 2009 – at the start of Greece’s decade-long economic...

Greece 2022: Homeless Woman With Elderly Father Living in Car

A 50-year-old woman and her 93-year-old father have been left homeless for months in Amaliada, Greece. They spend nights and several hours of the day in the car, which currently houses all their possessions. Fifty-year-old Stella Panagiotopoulou and her elderly...

Unemployment in Greece Falls to 11-Year Low in December 2021

Greece's unemployment rate fell to 12.8% in December 2021, marking a significant decline over December 2020's 13.4% and November 2020's 15.5%, according to official figures released by the Hellenic Statistical Authority (ELSTAT) on Wednesday. During 2021, Greece experienced wild swings...

Unemployment Rises in Greece, Particularly Amongst Young People

Unemployment increased in Greece over the past year reaching 46.8 percent in young people under 25, according to a report released last Wednesday.

Amazon Starts Digital Skills Program in Greece

Greece’s Manpower Organization (OAED) will cooperate with Amazon for the training of the country's registered unemployed on digital skills.

US Lawmakers May Hammer Out New Coronavirus Relief Package in July

  As their European counterparts knocked heads for days, finally agreeing on a wide-ranging, 1.8 trillion-euro ($2.1 trillion) relief package to mitigate the effects of a severe recession brought on by the coronavirus, US lawmakers have struggled to come together...

Laid Off Greek Hotel Worker Witnesses Daughter Collapse from Hunger

A 9-year-old girl in Rhodes fainted from hunger earlier in the week as she was waiting with her unemployed mother at a local bakery to buy some bread, in an incident which highlights the desperate state many employees in...

Greek Unemployment Rate Falls to New Record-Low Levels

The Greek unemployment rate fell to 16.5 percent of the workforce in November of 2019, the latest month for which official data is available. The unemployment rate during the same month in 2018 was 18.6 percent, dropping to 16.6 percent in...