Calamos Wealth Management, an investment advisory firm uniquely positioned within Calamos Investments®*, has announced the expansion of its client networking and education programs with the launch of the Calamos Family Financial Summit. Outstanding speakers, interactive roundtables and the opportunity for clients to network with other affluent families in an invitation only, private atmosphere will be the hallmarks [...]

Foreign Investors Look at Greece Again
Still locked out of private markets and depending on continuing international aid, Greece’s hopes of trying to increase revenues by luring foreign companies put off by its reputation for corruption, inefficiency and red tape are looking more favorably at the country now, according to a Wall Street Journal report. The financial newspaper said that “foreign [...]

Greek Journalist’s Unpaid Tale of Woe
Greek journalist Kostas Tsapogas, who used to work at the newspaper Eleftherotypial before being fired – after he went unpaid for months while the company’s owners weren’t – told the New York Times how badly the country’s crushing economic crisis and austerity measures are affecting his countrymen. “Since the newspaper where I worked for 23 [...]

American Billionaire Wins Big on Greek Debt
American billionaire Dan Loeb’ hedge fund Third Point, made a $500 million profit off his holdings in Greek bonds when the government bought them back for far more than he paid for them, as he capitalized on his bet Greece would have to take the measures, the Financial Times reported. Loeb is one of the [...]

Papandreou Tells Boston Students Greece Inspires
Former Greek Prime Minister George Papandreou, who is still a sitting Member of Parliament while he teaches a course at Harvard, detoured to the prestigious all-boys Roxbury Latin School in Boston to tell students his country will recover from its crushing economic crisis and that he still remains inspired by its heritage and teachings. Papandreou, [...]

Greek Day at the NYSE
Costis Hatzidakis, Greece’s Minister of Development, Competitiveness, Infrastructure & Networks of the Hellenic Republic visited the New York Stock Exchange (NYSE) on Nov. 30 to mark the 8th Annual Greek Day and rang the closing bell, joined by executives of other companies. Greek Day at the NYSE was organized in cooperation with the 14th Annual [...]

US Stocks Fall Amid Doubts Over Greek Debt Deal
US stocks opened lower Tuesday after Greece secured a revised bailout deal that will help it again avert a default on its huge debt load. Doubts remained about the new deal, which allows Athens to trim its debt load through bond buybacks and reduced rates and promises new rescue loan installments of 43.7 billion euros [...]

CNN: Greece’s Disappearing Middle Class
The CNN reportage about Greece’s disappearing middle class is included among October’s most popular videos, which show how the financial crisis and the austerity measures are turning Greece’s middle class into newly-poor. The video shows the everyday life of Greeks who used to be well-off, but within two years had their lives ruined. An example [...]

Earth Friendly Products Officially Opens New Southwestern Facility
Government and business leaders mixed and mingled with national and local celebrities on a “green carpet” sprawled in front of Earth Friendly Products’ state-of-the-art new Southeast Division headquarters in Opa-Locka, Florida. They flew in from as far away as South America, South Africa, California, Illinois, Washington state, and New Jersey to celebrate the grand [...]

Atlanta City Council Opposes Closing of Greek Consulate
The Atlanta City Council is urging the nation of Greece to reconsider a recently announced decision to close its consulate in the city. A resolution council members passed unanimously on Monday expresses disappointment in the decision, part of a cost-cutting plan to consolidate Greece’s consular presence in the United States. Greece has maintained a consulate [...]

Papandreou’s Harvard Post Draws Fire
Former Greek Prime Minister George Papandreou’s appointment as lecturer at Harvard University had many of his countrymen wondering if he was the right person to be talking about how to govern a country, given that he resigned after two years of protests, strikes and riots against the austerity measures he imposed on the orders of [...]

Kefalogianni Will Boost Greece at N.Y. Forum
Greek Tourism Minister Olga Kefalogianni will stress the industry’s role in helping Greece grow its way out of a crushing economic crisis when she talks to an audience at the 1st Greek Investment Forum in New York, which will be held from Oct. 9-11. The event is sponsored by Athens Stock Market and Hellenic-American Champer [...]
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Culture Shock
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