Calamos Supports Greece

Europe

Cyprus Records EU’s Largest Unemployment Annual Fall, Data Reveals

Yet more positive news from Cyprus as the unemployment on the island has dropped from 10.5 percent in August 2017 to 7.5 percent in August 2018. More specifically, the unemployment among men fell to 7.0 percent while women saw their rate...

ELSTAT: 27.8% Unemployment in Greece

According to data released by Eurostat, unemployment in Greece reached 27.8% in October, showing a slight increase compared to September when it stood at 27.7%. Moreover, unemployment in the eurozone remains stable at 12% for three months dating from October...

Germany: Unemployment Benefits for European Immigrants

According to Süddeutsche Zeitung (SZ), the European Commission (EC) believes that some sectors of the German social system are not complying with the law. Germany should include unemployed immigrants to its social policy of unemployment benefits and immigrants should...

West Macedonia First in 2012 EU Youth Unemployment

The European Statistic System Eurostat brought to light data concerning unemployment in the EU regions for the year 2012, on May 22. According to Eurostat, the region of West Macedonia is the fifth region in the EU with the highest...

Unemployment Drives Cypriot Youth to Marine Professions

During a critical economic situation, with unemployment rampant among young people and rising dramatically, it seems that an old trend dating back to the 1960s has been revived. The time when numerous students turned to marine professions to make...

Greece Has Second Highest Unemployment Rate in Eurozone

According to evidence published by Eurostat in June, Greece has the second highest rate of unemployment in the Eurozone. Among the 27 EU member countries, the unemployment rate has reached an average of 9,4 % to 9,9% in the Eurozone....

Official Statistics Reveal Unemployment Rate Rose to 15%

Unemployment in Greece has risen to 15% for the first quarter of 2011, according to Eurostat's data. Greece is ranked fourth in EU-27 unemployment rates, following Spain (20.9%), Lithuania (16.3%) and Latvia (16.2%). Lower unemployment rates have been recorded in the Netherlands (4.2%), Austria (4.2%) and Luxembourg (4.5%). In terms of growing unemployment on an annual basis, Greece ranks...

ECB Meets in Greece; Holds Rates Steady After 10 Consecutive Hikes

The European Central Bank (ECB) meeting in Greece, left interest rates unchanged on Thursday, after an unprecedented streak of 10 consecutive rate hikes. The ECB has lifted rates by a combined 4.5 percentage points since July 2022 to combat runaway...

Greeks Have the Highest Working Hours in Europe, New Study Reveals

New statistics from the University of Groningen, incorporating Eurostat data, reveal that Greeks have the most working hours among Europeans. The new data showed that Greece leads the pack with an impressive average of 2,036 working hours per year. Poland and...

Europe Reeling as Tourism Continues Precipitous Decline in Summer 2021

Tourism in Europe, which accounts for almost half of all tourism worldwide, is continuing to take an enormous blow this Summer as it reels from the exclusion of American and  travelers, who normally contribute to its coffers in a...

Greece Takes Part in Southern EU Summit

  Migration is expected to dominate a high-level meeting of southern European states -- including Greece -- to be held later in Rome on Wednesday. Senior figures from Greece, Cyprus, France, Italy, Malta, Portugal and Spain will gather in the Italian...

Happy 18th! MEPs Give Young Europeans Interrail Passes for Their Birthdays

MEPs are pondering ways to bring European youth closer together so that they can celebrate their continent's diversity and feel a "sense of belonging." The idea of giving young Europeans free Interrail passes for their 18th birthdays was debated...

Nearly Half of EU Secondary Pupils Enrolled in Vocational Education, Mostly Males

  Almost half of the 22 million pupils in the European Union studying at upper secondary level in 2014 were enrolled in vocational education, with 11 million (48 percent) enrolled in these. In 12 EU member states, more than half...

Greek Kafeneion Products Take Center Stage in Brussels

The history of Greek cafes captured through the lens of George Pittas is featured at the Theorem Gallery in Brussels. The display marks the start of events organized by MEP Stelios Kouloglou on June 27-28 to promote Greek products...