Calamos Supports Greece

European Union

EU Summit Deadlocked Over Covid-19 Relief Fund

Greek Prime Minister Kyriakos Mitsotakis attended a European Union summit where little progress was made in negotiations regarding a stimulus plan to aid economies deeply impacted by the Covid-19 pandemic. The in-person conference began on Friday, July 17, in Brussels,...

Thessaloniki Issues Smart Traveler Card for Sustainable Tourism

President of the Thessaloniki Tourism Organization Voula Patoulidou, recently signed a memorandum in order to implement a new and sustainable single tourism card. The contract was signed on Thursday, July 2 along with Director General of the Hellenic Institute Evangelos...

Greece May Not Open Borders to USA and Eight Other Countries

While Greece will be finally opening its borders to most foreign travelers on Wednesday, July 1, some countries may most likely be put on a travel ban list due to their current rates of people infected with the Covid-19...

EU Report Notes Disturbing Trends in Greek Demographics

According to a European Commission report just released in Brussels, recent demographic changes in Greece may indicate problematic social and macroeconomic imbalances for the country in the future. The report itself presents long-term demographic trends across Europe, including their social...

Betting Against Greece and Italy Backfires for Hedge Funds

Some of the world's leading hedge funds, including Citadel, Marshall Wace and AKO Capital, are currently dealing with losses after betting against Greek and Italian companies. Amidst worldwide fears of the coronavirus pandemic driving down stocks in recent months, there...

EU Stokes Aegean Fires, Funding Turkish Military Harassing Greece

A European Commissioner has recently revealed that the European Union has purchased equipment for the Turkish armed forces -- which is now being used to make repeated provocative moves against Greece. Olivér Várhelyi, the European Commissioner for Neighborhood and Enlargement,...

EU Parliament to House Homeless, Cook 1,000 Meals a Day for Healthcare Workers

David Sassoli, the President of the European Parliament, announced on Wednesday two unprecedented measures to help both those in need as well as the key workers throughout the greater Brussels area. ''Our kitchens will make more than 1,000 meals a...

Coronavirus Pandemic: EU Approves €2 Billion Aid Package to Support Greek Businesses

The European Commission has approved a 2 billion euro Greek aid scheme to support the Greek economy in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on March...

MEPs Call for Solidarity, New Measures to Prevent Coronavirus Outbreak in Refugee Camps

  As Europe grapples with the challenges of the coronavirus crisis, concern is also growing over the living conditions of migrants and asylum-seekers living in camps on the Greek islands, particularly among members of the European Parliament (MEPs). On Friday, the European Parliament...

EU Proposes Banning All But Essential Travel to Europe for Thirty Days

European Commission President Ursula von der Leyen announced on Monday that the Commission will propose a temporary ban of all travel by non-EU citizens to the continent of Europe for thirty days. This ban is described as a ''temporary restriction on...