Calamos Supports Greece

Yiannis Vroutsis

Greek Average Pension: 694.56 Euros

Τhe average pension granted by insurance funds reaches 694,56 euros, while the average of supplementary pensions reaches 178,48 euros. The scheme, Helios, was created after Greece carried out its first census of pensioners to eradicate false claimants. According to Helios' data...

New Hirings Jump to Highest Level Since 2008

New hirings in the private sector jumped to the highest level since 2008 in the first five months of 2013, the Labor ministry said on Monday. According to AMNA, a ministry report said that according to data collected by "Ergani"...

Court Rejects AGET Heracles Request to Lay off Workers in Halkida

Greek authorities have rejected a request made by AGET Heracles Cement Company, a subsidiary of Lafarge Group, to lay off its 229 workers in its plant in Halkida, in western Evia. The Labor Ministry's Supreme Labor Council turned down the...

Damanaki Says Minimum Wage Cut Seen

After hoping to quash speculation that the government would again lower Greece's minimum wagem which has already been cut 22 percent to 586 euros ($777) a month before taxes, the European Union's Maritime Affairs and Fisheries Commissioner Maria Damanaki...

Greece Says No More Minimum Wage Cuts

Greece's Finance and Labor Ministries authorities have insisted there are no plans to lower the minimum wage any further after a government official suggested that people being paid 586 euros ($788) a month - before taxes are being paid...

More Greek Strikes On Jan. 31

Despite the breaking of a Metro strike that quelled unrest for a time, the Greek government is bracing for a 24-hour strike of transport and health care workers on Jan. 31 to protest government plans to reform the sectors. The...