Calamos Supports Greece

Business

Greece’s Eurobank Eyes Presence in India

Greece's Eurobank is looking to establish a presence in India and is in the process of consulting with advisors and the Reserve Bank of India to open a representative office in Mumbai, the Economic Times reports. With 80.5 billion euros...

Jeff Bezos Topples Elon Musk to Reclaim Title of World’s Richest Man

Jeff Bezos has dethroned Elon Musk to reclaim his title as the world’s richest man. The Amazon founder’s net worth currently stands at $200 billion, topping the Tesla chief’s $198 billion, the Bloomberg Billionaires Index showed on Tuesday. Bezos has gained...

Greece Sells Entire Stake in Piraeus Bank

Greece announced on Monday that it is selling its entire 27 percent stake in Piraeus Bank. The announcement was met with strong demand by investors. The Hellenic Financial Stability Fund (HFSF)—a bank recapitalization tool established at the start of Greece’s...

Google Parent Company, Alphabet, Loses $90B Amid AI Controversy

Alphabet, Google's parent company, lost around ninety billion dollars in market value this week as the controversy surrounding the Silicon Valley company's generative artificial intelligence (AI) product reached Wall Street. Shares of Alphabet fell 4.5 percent to 138.75 dollars yesterday...

Mitsotakis Touts Greece as Attractive Investment Destination for India

Prime Minister Kyriakos Mitsotakis highlighted the investment opportunities now offered by Greece to India during a speech in Mumbai on Thursday. Addressing the Greek-Indian business forum held on the last of his two-day visit to India, Mitsotakis assured Indian businesspersons...

Billionaires Invest in Anti-Aging to Live Longer Than Other Humans

Billionaires such as Jeff Bezos and Mark Zuckerberg are investing in anti-aging technologies and could soon utilize their fortunes to lengthen their lives and live far longer than any human previously had. Scientists reckon that impressive advances in anti-aging research...

Greece’s First FinTech Unicorn Viva Wallet Sues JPMorgan

The founder and chief executive of Greek financial technology company Viva Wallet has launched legal proceedings against JPMorgan, the US bank that co-owns the company, over tactics to limit its growth, according to legal documents revealed on Thursday by...

Calamos Investments Launches Alternative Nasdaq & Bond ETF

Calamos Investments rolled out an actively managed exchange-traded fund (ETF) on Tuesday that combines options-based exposure across Nasdaq-100 stocks, coupled with diversified fixed-income holdings. The Calamos Alternative Nasdaq & Bond ETF (CANQ), which essentially seeks to deliver risk-managed equity exposure...

Greece Plans to Increase Golden Visa Requirement to €800,000

Greece will increase the threshold of the minimum investments for third-country nationals to acquire the Golden Visa, PM Kyriakos Mitsotakis announced in parliament on Friday. Speaking at a debate on the housing crisis affecting hundreds of thousands of Greeks, Mitsotakis...

Shares of Athens Airport Make Spectacular Debut in the Stock Exchange

The Athens International Airport (AIA) shares made a spectacular debut on the Athens Stock Exchange on Wednesday, with its price rising more than 14 percent in midday transactions in heavy trading of more than 50 million euros. This follows after...

Greece Ranked Among Top Countries for Digital Nomads

Greece has been listed in the top 38 countries that are best suited for digital nomads, according to the Digital Nomad Visa Index. Greece has been ranked 28th out of the 38 countries considered the best places for digital nomads...

Iconic Las Vegas Casino, Tropicana, Shuts Down After 70 Years

The Tropicana Las Vegas, the emblematic casino that is connected like no other to the myth of Sin City, is shutting down its doors after almost seven decades. The legendary Nevada casino will be demolished in the Spring to make...

Demand for Athens Airport Shares Exceeds 8 Billion Euros

Demand by domestic and international investors for shares in Athens International Airport exceeded 8.0 billion euros ($8.7 billion) Greek authorities announced on Friday. According to the country’s privatization agency Hellenic Republic Asset Development Fund (HRADF) the initial public offering of...

Ferrari Shares Surge by $7 Billion Amid Lewis Hamilton F1 Move

Ferrari’s share price soared more than 10 percent to hit a new record high on the New York Stock Exchange on Thursday as news of Lewis Hamilton’s Formula 1 move broke. Having closed Wednesday’s trading with a share price of...

Judge Rules Elon Musk’s $56bn Tesla Pay Package ‘Excessive’

On Tuesday, a Delaware court made a decision that supported the investors who argued that billionaire Elon Musk's $56 billion Tesla compensation package was too high. The judge found that Musk’s compensation was inappropriately set by the electric vehicle maker’s...