Calamos Supports Greece

Business

Concordia Annual Summit Kicks Off September 20

Leaders, entrepreneurs, and visionaries from across the world will address the 2021 Concordia Annual Summit which kicks off in New York on September 20. It will be held in a hybrid format, with both in-person and digital programming from September...

#AppleToo Demands Accountability at Apple

Several Apple employees have recently launched a campaign called #AppleToo to cast light on issues of discrimination at Apple. The group formed last week. The #AppleToo campaign aims to create a movement for employees to speak out on the marginalization...

Greek Toy Manufacturers Urge Support To Unlock Exports Potential

In a market dominated by international franchises and illegal knock-offs, the Greek toy manufacturing industry has stood its ground and continued its long-standing flourishment, providing consistent quality and creative originality to millions of customers in Greece and abroad. Robust over...

Donald Trump Calls Bitcoin a “Disaster Waiting to Happen”

Former President Donald Trump argued that bitcoin and other cryptocurrencies are  "potentially a disaster waiting to happen" during an appearance on Fox Business. When asked if he himself has invested in Bitcoin, Trump stated that he "likes the currency of...

ECOS Celebrates Its Essential Workers with Special Event

ECOS, a pioneer in environmentally friendly cleaning products, hosted California Lt. Governor Eleni Kounalakis, U.S. Representative Alan Lowenthal, and other dignitaries at its sustainable manufacturing facility on Tuesday, August 31. During the visit, the honored guests will celebrated ECOS’ essential...

Greece Raises $3 Billion by Reissuing 5-Year and 30-Year Bonds

Greek Finance Minister Christos Staikouras announced the successful reissue of Greece's 5-year and 30-year bonds. These bonds allow investors to invest in the Greek government's sovereign debt for the next 5 or 30 years, depending on which bond they...

John Paulson: Cryptocurrency Will “Eventually Prove to be Worthless”

John Paulson, a billionaire who made his money investing in hedge funds and who predicted the huge housing crash in 2008, says all cryptocurrency, like bitcoin, is inherently "worthless" and "will go to zero." The investor, who was one of...

The Greeks Making Millions Out of Trash in Waste Removal

Three Greek Cypriots based in London -- Aaron Marc Georgiou, Alexie Crassas, and Christos Yiannopoulos -- gave up their stable careers in the bustling city to turn people's trash into treasure with their waste removal business, called LITTA. LITTA, founded...

Massive Protests Erupt in El Salvador Against Bitcoin as Legal Tender

El Salvador is less than two weeks away from making the cryptocurrency Bitcoin one of its official currencies, the other being the United States dollar. This unprecedented move will make El Salvador the first country in the world to...

Greek Tourism Rebounds in 2021 as Visitors Flock to Destinations

The Tourism Minister of Greece Haris Theoharis declared on Friday that Greek tourism, thanks to both foreign and Greek travelers, has been given a "vote of confidence in the Greek summer." Tourists have flocked to many Greek destinations over the...

How Brexit Forced McDonald’s to Stop Selling Milkshakes, Drinks

McDonald's locations in England, Wales and Scotland are temporarily no longer serving milkshakes and bottled drinks due to supply chain and logistic issues that were largely caused by Brexit. McDonald's said that supply chain problems were impacting the availability of...

Price of Bitcoin Shoots Above $50,000 for First Time Since May

The value of Bitcoin has shot above $50,000, taking it to its highest level since May of this year. The cryptocurrency reached $50,419 on Monday morning, according to CoinMarketCap’s price index, amid a market-wide resurgence. Ethereum (ether), Cardano (ada) and...

China’s Cosco Tightens Grip on Piraeus Port by Raising Stake to 67%

A Greek court gave this week the go-ahead for China's Cosco to increase its stake at the Piraeus Port by 16% and extend its contract by five years for the company to complete the investments it has undertaken to...

Greece Sends Folli Follie Scandal Masterminds to Trial

A judicial panel in Greece has decided to send 13 defendants in the Folli Follie case to trial before a three-member Athens criminal appeals court. The accused include Dimitris Koutsolioutsos, the founder of the jewelry-making company, his wife Katerina, and...

Piraeus Bank Launches Initiative for Restoration of Fire-Hit Areas

Piraeus Bank announced on Tuesday the donation of €1.5 million ($1.8) to support actions for the sustainable restoration of the damages incurred by the recent fires in Greece. In an announcement, Piraeus Bank says it stands by all the households and...