Calamos Supports Greece

Europe

Bloomberg Chart: Italy Migrant Route Now Busier Than Path Through Greece

A recent chart created and published by Bloomberg, shows that the refugee route to Europe through Italy is becoming busier and, for the first time since April 2015, saw more arrivals than Greece saw from the country towards the...

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...

Bloomberg Features Peter Nomikos’ Initiative “Greece Debt Free”

Greece Debt Free has captured international press attention during the past ten days. Greek media as well the Wall Street Journal, the Spiegel and recently Bloomberg have featured shipping family heir Peter Nomikos' initiative to cancel Greece's debt. The GDF calls on Greeks living...

Bloomberg: “European Leaders Should Give an Explanation Instead of Threatening”

"If European leaders fail in this attempt, then there is a possibility of being accused later regardless of the fact that some of Greece's problems are self-created", 'Bloomberg' reports. According to the article on Bloomberg, titled 'Greece's turmoil makes the...

EU Plans to Use Frozen Russian Assets for Reconstruction of Ukraine

The EU could invest frozen Russian assets according to proposals being discussed by European officials in Brussels. The assets, which were frozen as part of the Western sanctions package against Russia, would primarily be used for reconstruction purposes in Ukraine....

Parthenon Marbles Could Be Returned to Greece Under ‘Long-Term Loan’ Deal

The Greek Culture & Sports Ministry declined to confirm reports that the British Museum and the Acropolis Museum are nearing an agreement on the gradual return of the Parthenon Sculptures to Greece. Bloomberg and the Daily Telegraph reported on Tuesday...

Istanbul Mayor and Erdogan’s Rival Sentenced to Prison in Turkey

A Turkish court sentenced Istanbul mayor Ekrem Imamoglu to 2 years and 7 months in prison on Wednesday on charges of insulting members of Turkey's Supreme Electoral Council. The court convicted Imamoglu of the charge and also imposed a political...

Europe Can Fight Putin by Imposing Cap on Gas Price, Greek PM Says

Greek PM Kyriakos Mitsotakis repeated a call for European action to cap gas prices in an article published by Bloomberg on Monday. While such a cap carried risks, he said, Europe must “take back control of its gas market" and...

Russia Sends Billions to Turkey for Nuclear Plant Construction

Russia is transferring billions of dollars to Turkey for the construction of the Akkuyu nuclear power plant in southern Turkey, Bloomberg reported on Friday. Russian state-owned company Rosatom sent around $5 billion last week to its Turkish subsidiary which is...

Americans Looking to Move to Greece and Europe on the Rise

Many Americans are looking to relocate to Greece and Europe driven by the rising cost of living, inflated house prices, and a surging dollar says a report in Bloomberg. It notes that, according to Sotheby’s International Realty, requests from Americans...

Germany Seizes Russian Oligarch’s $600 Million Superyacht

On Wednesday, Germany seized the world’s largest superyacht after “extensive investigations” determined that it is owned by the sister of the sanctioned Russian oligarch, Alisher Usmanov. Germany’s federal crime office (BKA) said that despite efforts at what it called “offshore...

Kaspersky Antivirus “Could be Used by Russia” for Cyber Attacks

Germany's cybersecurity agency called on users of Kaspersky antivirus software to switch to an alternative over fears the Russian cybersecurity firm could be used to facilitate cyber attacks by the Russian government. Russia’s military and intelligence activities in Ukraine, and...

Former NATO Chief Stavridis: US Can Turn Putin’s Invasion into Nightmare

James Stavridis, the former Supreme Allied Commander of NATO, described on Monday how the US can turn Europe into Putin's nightmare following his invasion of Ukraine. Writing in Bloomberg, the Greek-American Vice Chairman of the Carlyle Group, an American multinational...

EU to Evaluate Ukraine Accession to Bloc this Week

The EU Commission will evaluate Ukraine's accession bid in response to its emergency application for membership, which was signed by Ukrainian president Zelensky last week. The Commission must evaluate all EU membership bids while the process must be voted  upon...