Calamos Supports Greece

Business

Greek Exports Dominate Hellenic-American Chamber of Commerce Forum

The Hellenic-American Chamber of Commerce is organizing in cooperation with the Panhellenic Exporters Association of Greece a virtual forum where policy-makers and entrepreneurs will discuss how exports can help the recovery of the Greek economy. Entitled “Exports turn Crisis into...

Airlines Begin Delivering Vaccine Pending Approval; UK May Greenlight Shots Soon

The campaign to get a coronavirus vaccine distributed around the nation and the world has begun with both American and United Airlines flights landing in South America as part of a test run late last week. According to industry sources,...

Greek PM Holds Virtual Meeting with Greeks Who Left to Work Abroad

Addressing the country's notorious brain drain problem, Greek Prime Minister Kyriakos Mitsotakis held a virtual meeting with Greeks who left their native country to work abroad during the financial crisis. During the meeting, PM Mitsotakis stressed that Greece is improving...

US Army Chooses Cretan Water to Quench its Thirst

The Greek bottled water brand Zaros, which comes from the Cretan village of the same name, will soon be slaking the thirst of the US Armed Forces, according to a list of approved products to be purchased by the...

Greek Economic Summit to Focus on Prospects for Growth Beyond Covid

Hundreds of policymakers, diplomats, entrepreneurs, economists and academics from all over the world are expected to tune in for the 31st annual Greek Economic Summit (GES), to be held digitally on December 1-3. The Summit, called "Forging Ahead in Challenging...

Greece Courts Foreign Taxpayers with 50% Income Tax Discount

In an attempt to convince foreign taxpayers and Greeks living abroad to move their tax bases to Greece, lawmakers have presented a new bill to Parliament on Tuesday that would offer foreign taxpayers a 50% discount on their income...

Greece to Extend Lockdown Beyond December 1

Greek Government spokesperson Stelios Petsas on Tuesday outlined the government's planning for lifting the lockdown in an interview with television channel ANT1 TV. He pointed out that a more relaxed attitude that existed during the first week of the second...

Greece Offers 120 Million in State Aid to Prop Up Aegean

Greek government spokesman Stelios Petsas announced on Monday during his usual press briefing that the government would soon be awarding 120 million euros in support to Aegean Airlines to help get them through this tough, pandemic-ravaged year. There will also...

Greek Scientist Elected Chairman of Global IT Flagship Organization

The World Information Technology and Services Alliance (WITSA) on Tuesday elected Yannis Sirros as Chairman of the Hellenic Information Technology and Communications Enterprises (SEPE) for the term 2020-2022. WITSA is a consortium of associations from the information and communications technology...

Greece Now Has Legions of Coronavirus Infected Minks

Covid-19 has now been detected in thousands of minks at a farm in northern Greece, according to an Agriculture Ministry official's statement on Friday. The testing of the animals was spurred by the discovery just days ago of the virus...

Greece in Talks With London-Based Banks for Relocation to Athens

The Greek government revealed on Friday that it is in discussions with three London-based banks regarding their possible relocation to Athens following the official exit of the UK from the European Union in January. Speaking to Bloomberg TV, Alex Patelis,...

Greece Hopes to Entice "Digital Migrants" with 50% Tax Break

With an eye toward encouraging smart young Greeks who left the country for greener pastures during the economic crisis to return home, the Greek government has a new plan that would make the prospect hard to resist. But the...

Former Google CEO Reportedly Granted Cypriot Citizenship

Former Google CEO Eric Schmidt and his family have now become citizens of the island nation of Cyprus, according to Cypriot and foreign media reports. The former software magnate and CEO, who is now worth a cool $19.2 billion as of...

Greek Australians Rank Among Country’s Wealthiest People

According to the annual "Rich List," recently released by Australian publication Financial Review, three Greek Australians are on the list of the country's 100 wealthiest people. Born on the Greek island of Kythira, Nick Politis is known for his 38...

Greece Receives Boosted Credit Rating from Moody's

Moody's, the bond credit rating agency, upgraded Greece's credit rating on Friday, giving the country's market a boost amidst the Covid-19 pandemic. The country's rating went from a B1 to a B3, signaling the possibility of economic recovery in the...