Calamos Supports Greece

Business

What Is Rhodium, More Than Two Times the Price of Gold?

The most precious and expensive metal in the world is not gold but a rare and hard metal called rhodium, a name derived from the Greek 'rhodon,' meaning rose-colored. The value of rhodium is far higher than the price of...

20% of Alcoholic Beverages in Greece are Illegal or Adulterated

One in five alcoholic beverages consumed in Greece is adulterated and contraband, which is twice the world average, the Association of Alcoholic Beverage Companies (ENEAP) said on Wednesday. Adulterated alcoholic beverages are legal alcoholic products that have been illicitly tampered...

Scarce Metals Germanium and Gallium Confirmed in Greece

The existence of deposits of scarce metals germanium and gallium in Greece was confirmed by exploration company Rockfire Resources last summer after its drill at Molaoi in the Peloponnese. The London-listed metal exploration company says that the discovered high-grade germanium...

Bitcoin Rally: Token Hits New Record High of $71,000

Bitcoin prices hit a new record high of above $71,000 in early trading on Monday continuing its stunning rally in 2024. It later dropped to just above $65,000. Since January Bitcoin prices have rallied more than 67 percent. The jump...

Greece’s Eurobank Eyes Presence in India

Greece's Eurobank is looking to establish a presence in India and is in the process of consulting with advisors and the Reserve Bank of India to open a representative office in Mumbai, the Economic Times reports. With 80.5 billion euros...

Jeff Bezos Topples Elon Musk to Reclaim Title of World’s Richest Man

Jeff Bezos has dethroned Elon Musk to reclaim his title as the world’s richest man. The Amazon founder’s net worth currently stands at $200 billion, topping the Tesla chief’s $198 billion, the Bloomberg Billionaires Index showed on Tuesday. Bezos has gained...

Greece Sells Entire Stake in Piraeus Bank

Greece announced on Monday that it is selling its entire 27 percent stake in Piraeus Bank. The announcement was met with strong demand by investors. The Hellenic Financial Stability Fund (HFSF)—a bank recapitalization tool established at the start of Greece’s...

Google Parent Company, Alphabet, Loses $90B Amid AI Controversy

Alphabet, Google's parent company, lost around ninety billion dollars in market value this week as the controversy surrounding the Silicon Valley company's generative artificial intelligence (AI) product reached Wall Street. Shares of Alphabet fell 4.5 percent to 138.75 dollars yesterday...

Mitsotakis Touts Greece as Attractive Investment Destination for India

Prime Minister Kyriakos Mitsotakis highlighted the investment opportunities now offered by Greece to India during a speech in Mumbai on Thursday. Addressing the Greek-Indian business forum held on the last of his two-day visit to India, Mitsotakis assured Indian businesspersons...

Billionaires Invest in Anti-Aging to Live Longer Than Other Humans

Billionaires such as Jeff Bezos and Mark Zuckerberg are investing in anti-aging technologies and could soon utilize their fortunes to lengthen their lives and live far longer than any human previously had. Scientists reckon that impressive advances in anti-aging research...

Greece’s First FinTech Unicorn Viva Wallet Sues JPMorgan

The founder and chief executive of Greek financial technology company Viva Wallet has launched legal proceedings against JPMorgan, the US bank that co-owns the company, over tactics to limit its growth, according to legal documents revealed on Thursday by...

Calamos Investments Launches Alternative Nasdaq & Bond ETF

Calamos Investments rolled out an actively managed exchange-traded fund (ETF) on Tuesday that combines options-based exposure across Nasdaq-100 stocks, coupled with diversified fixed-income holdings. The Calamos Alternative Nasdaq & Bond ETF (CANQ), which essentially seeks to deliver risk-managed equity exposure...

Greece Plans to Increase Golden Visa Requirement to €800,000

Greece will increase the threshold of the minimum investments for third-country nationals to acquire the Golden Visa, PM Kyriakos Mitsotakis announced in parliament on Friday. Speaking at a debate on the housing crisis affecting hundreds of thousands of Greeks, Mitsotakis...

Shares of Athens Airport Make Spectacular Debut in the Stock Exchange

The Athens International Airport (AIA) shares made a spectacular debut on the Athens Stock Exchange on Wednesday, with its price rising more than 14 percent in midday transactions in heavy trading of more than 50 million euros. This follows after...

Greece Ranked Among Top Countries for Digital Nomads

Greece has been listed in the top 38 countries that are best suited for digital nomads, according to the Digital Nomad Visa Index. Greece has been ranked 28th out of the 38 countries considered the best places for digital nomads...