Calamos Supports Greece

Angela Merkel

German Chancellor not Acting Alone in Initiatives for Greece

German Chancellor Angela Merkel is not acting alone, spokesman Steffen Seibert said on Wednesday when asked about Merkel's initiatives on Greece, such as the "mini-summit" she convened in Berlin on Monday night, and whether she was empowered to take them. "What...

German Media: The Last Offer to Greece

German media today are mainly focusing on the meeting between German Chancellor Angela Merkel, French President Francois Hollande, ECB President Mario Draghi, European Commission President Jean-Claude Juncker and IMF director Christine Lagarde, in Berlin. The German newspapers Die Welt, Die...

Creditors Finalize Text of Bailout Agreement for Greece

Greece’s international creditors are finalizing the text of a bailout agreement that they will present to Greece, according to a Wall Street Journal report. Top officials from European institutions and the International Monetary Fund have sent a draft of the...

European Leaders and IMF to Offer Greece a Plan for Consideration

European leaders and the International Monetary Fund (IMF) agreed to accelerate negotiations and offer Greece a plan to consider in the coming days, according to a Bloomberg report. German Chancellor Angela Merkel, IMF Managing Director Christine Lagarde, European Central Bank...

Germany-France Leaders: Greek Deal Should be Reached Soon

Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande had a 35-minute teleconference on Sunday evening in which they agreed that the agreement between Greece and creditors should be signed soon. At the same time,...

Greece Closer to Political Solution on Debt Issue Amid Doubts Within SYRIZA

While technical discussions in Brussels between Greece and creditors show more signs of convergence on previously thorny issues, Greek Prime Minister Alexis Tsipras will have a teleconference with German Chancellor Angela Merkel and French President Francois Hollande on Sunday evening...

Chancellor Merkel Intervenes in Negotiations to Close Greece Agreement

There has been a positive change in the Greece-Brussels Group negotiations in efforts to achieve an agreement between the Greek government and its partners, a source in Brussels told El Mundo on Friday. According to the source, there were only "very few elements...

European Commission: Time Is Running Out for Greece, No Progress in Negotiations

Greece is seeking a political solution to the financial aid problem as negotiations on a technical level are progressing very slowly and Brussels warn that time is running out. On Thursday's Euro Working Group (EWG), European Commission officials said that...

German Economist: Germany's Stance on War Reparations Is Scandalous

Germany's stance on war reparations to Greece is scandalous and does not fit in a just state, said German economist Rainer Thiem who took the initiative through the change.org web platform to collect signatures. In an open letter to German...

Tsipras-Juncker Meeting Conducted in 'Good Atmosphere'

A meeting on Friday between Greek Prime Minister Alexis Tsipras and European Commission President Jean-Claude Juncker was conducted in a good atmosphere of mutual understanding and cooperation, Greek government sources reported. During the approximately half-hour meeting, Tsipras briefed Juncker...