Calamos Supports Greece

Europe

UK Feta Cheese Sales Go Through the Roof Amidst Greek Financial Crisis

The Greek financial crisis has caused great damage both to the country and its people, however, it has also given certain sectors the opportunity to flourish. While Greece is sinking deeper into recession, several of its traditional products have found...

New Italian Book Explores Greek Financial Crisis

Italian historian Francesco Angelone has released a book dedicated to the Greek financial crisis. The book, “La Troika sull'Acropoli” (The Troika over the Acropolis), was first presented in Rome. Published by Bordeaux, "La Troika sull'Acropoli" discusses the last forty years of Greek...

Immigration, Financial Crisis Threaten Border-Free Europe

As Europe scrambles to contain the financial crisis in the eurozone, another effort to deepen European unity is also being challenged, the Schengen passport-free travel zone. Immigration, lax controls, corruption and sovereignty worries are undermining dreams of border-free travel. Europeans now...

European Suicide Rates Rise Due to Financial Crisis

Researchers said on Friday that suicides rates rose sharply in Europe in 2007 to 2009 as unemployment rates rose, too due to the financial crisis.  The worst hit countries such as Greece and Ireland are seeing the most dramatic...

Greek Financial Crisis Meeting Held in Hamburg

A plan that Greece should follow to exit the crisis was the subject of a meeting which took place in Hamburg. People who participated discussed the evolution of the financial crisis and the perspectives of the economic relationship between...

Many Greeks Seek to Move Abroad to Escape the Financial Crisis

Due to the current financial turmoil many Greeks are seeking to move abroad for better opportunities. According to a recent poll about four out of ten Greeks which represent 38% of the population, say they are ready to abandon...

Munich: Event for the financial crisis in Greece

“The crisis in Greece and Europe, different strategies and the role of Germany” was the topic of the lecture given by Professor, K. Vergopoulos in an event organized on Sunday by “Oistros” and “Doryforos” associations, under the auspices of...

Credit Suisse Borrows $54bn from Central Bank as Fears of Global Crisis Grow

Banking giant Credit Suisse secured a deal on Wednesday to borrow up to $54bn from the Swiss Central Bank to shore up its finances as authorities try to avert a global financial meltdown. Shares in Credit Suisse fell 24 percent...

Crisis in Turkey Forces Vendors to Sell the Delicacy Koulouri Cut in Half

The economic crisis and spiraling price rises in Turkey have forced street vendors to sell their iconic bread koulouri, or as Turks call it “simit”, cut in half. Turkish citizens are having increasing difficulties coping with the rising prices of...

Report: Greek Crisis Damaged EMU in Non-Eurozone States

The Greek crisis that kept politicians busy in the summer of 2015 has fuelled particularly negative sentiments among business leaders from the non-eurozone countries, according to a report by Deloitte published today (16 November). A second edition of the European...

Greek Restaurant in Berlin Serves Dishes Inspired by the Crisis

A Greek restaurant owner in Berlin, Germany, launched a limited edition menu based on the Greek crisis. Georgios Chrissidi, owner of Restaurant Z, came up with the ingenious idea that will help lighten the spirit of people in the...

Süddeutsche Zeitung: The Greek Crisis Is in the Past

The German newspaper Süddeutsche Zeitung published an article entitled “The Greek Crisis is in the past” which refers to the large number of new, innovative Greek businesses, called start-up companies, that have shown great success both inside and outside...

Bloomberg: The European Debt Crisis (Video)

The news agency Bloomberg with a short animated film, explains the reasons that led to the economic crisis outburst in Eurozone with disastrous consequences for Greece, Ireland, Portugal and Spain. The news agency thoroughly describes how the crisis started. In...

Spiegel: Who’s Responsible for the Greek crisis?

The online Spiegel publication support that the financial downturn is affecting mostly the middle class in Greece. This publication is connected to research made by Fragiska Megaloudi and Stelios Papardelas who are referring to problems that the economic crisis...

Austrian’s Initiative to Support Crisis-Hit Greeks

Austrian citizens from the State of Upper Austria began a major initiative to provide help to Greek citizens who have been financially affected by the crisis of recent years in Greece, according to a publication of the Austrian newspaper...