Calamos Supports Greece

Alexis Tsipras

Greece to Hold Referendum on Bailout Agreement

Greek Prime Minister Alexis Tsipras announced that Greece will hold a referendum on July 5 to ask the Greek people if they approve of a bailout deal with the country's creditors. In a nationally televised address after midnight Friday in Athens,...

Greece Considers Snap Elections to Overcome Negotiations Deadlock

It looked like that Greek Prime Minister Alexis Tsipras considered the snap elections scenario for Greece, as talks with the country's international creditors did not produce an agreement. However, after a cabinet meeting he decided to hold a referendum instead. Greek Media...

European Commission President: 'Saturday Is Crucial For All Europeans'

Saturday will be a crucial day not just for Greece but for Europe as well, European Commission President Jean-Claude Juncker said on Friday during a joint press conference with European Council President Donald Tusk, following the summit meeting in...

Greek PM Tsipras Rejects Ultimatums, Says 'Won’t Be Blackmailed'

Greece has rejected creditors’ bailout extension proposal, say gov't sources. In a brief statement from Brussels on Friday, Greek Prime Minister Alexis Tsipras stressed that the European Union's founding principles were not based on blackmail and ultimatums. He said...

Italy PM: The Final Day of Decisions on Greece Is Saturday

The final day of decisions on Greece is Saturday and there will be an agreement, Italy's Prime Minister Matteo Renzi on Friday said exiting the European Council. "We support the efforts of (Prime Minister) Alexis Tsipras and his government to...

Greece's Creditors to Propose 5-Month Extension Deal with €16.3 Bln Funding

Greece’s creditors are to propose a five-month bailout program extension and 16.3 billion euros of funding to resolve a standoff with Prime Minister Alexis Tsipras’ government, says a Reuters report. The proposal by Greece’s three creditor institutions -- the International...

Greek PM: I Can't Comprehend the Insistence on Such Harsh Measures

Greek Prime Minister Alexis Tsipras had a 30-minute meeting with German Chancellor Angela Merkel and French President Francois Hollande on Friday morning in which he expressed his frustration over the insistence of lenders on such harsh measures for Greece. Tsipras...

No Room for 'Vindictiveness' in Politics, 'To Potami' Replies to New Democracy

Greek opposition "To Potami" leader Stavros Theodorakis adopted a critical position on Thursday to a proposal for a "national unity" government put forward by main opposition New Democracy leader Antonis Samaras. "A vindictive spirit has no place in political life, especially...

Greek PM Tsipras: 'Don't Underestimate the Point a Nation Can Reach when Humiliated'

Greek Prime Minister Alexis Tsipras had an intense dialog with European Council President Donald Tusk during the Euro Summit in Brussels on Thursday, government sources said. "Unfortunately, the institutions' proposals reflect the most extreme positions expressed by the IMF. The...

Eurogroup Meeting Suspended Without Reaching Agreement

While European leaders are preparing for the summit, the European finance ministers Eurogroup started its second meeting in less than 24 hours. Both sides presented their reform proposals, however they were not able to reach an agreement and resolve...