Calamos Supports Greece

Angela Merkel

Berlin Wants Greece to Remain Within Previously Agreed Program and Troika in Place

A German document leaked earlier today by Reuters, reveals that Berlin wants Athens' new leftist government to ditch its pre-election anti-austerity promises and remain within the framework of economic policies its predecessors have agreed with the country's international creditors if...

Greek Govt Spokesman: We have not Changed Our Stance on Greek Debt

The government's firm position is that the Greek debt is not sustainable and that is the reason why its write-off is required, government spokesman Gavriil Sakellaridis on Tuesday told ANT1 TV. Sakellaridis stressed that the government has not changed its...

U.S. Treasury Officials Expected in Greece

A mission of U.S. Treasury officials is expected to visit Athens soon for talks with the Greek government, as part of a series of missions on debt crisis issues, according to sources in Washington, DC. The Treasury members are experienced...

German Govt: No to Troika's Abolition in Greece

Berlin appears firmly negative to any one-sided changes regarding Greece's bailout program, German Finance Minister Wolfgang Schaeuble highlighted while addressing the Reuters Euro Zone Summit earlier today. Schaeuble's statements come just a few days ahead of the upcoming first tet-a-tet...

What Happens After the Proud Greek 'No?'

One week after the election and Greece is still reveling in the people's victory, the liberation from the occupying forces of evil Europe, wallowing in the wild joy of the proud "no" the new leftist government said to the...

German Chancellor Said to Avoid Meeting Greek Premier

German Chancellor Angela Merkel is unlikely to agree to a bilateral meeting with Greek Prime Minister Alexis Tsipras at a European Union summit next week, a German government official said. The chancellor’s aim is to show Tsipras that he is...

Greek PM Tsipras' 'Odyssey' in Europe

Greek Prime Minister Alexis Tsipras will meet on Wednesday in Brussels with the president of the European Commission Jean-Claude Juncker. On Monday, Tsipras will visit Cyprus, on Tuesday he will be in Rome, on Wednesday in Brussels and Paris to...

Merkel: No Debt Reduction for Greece

German Chancellor Angela Merkel said Saturday there should be no debt relief for Athens, adding to tensions between the new anti-austerity Greek government and its international creditors. "There has already been voluntary debt forgiveness by private creditors, banks have...

Economist: SYRIZA Could Lead to Grexit or a Better Future for the Euro

The demand for a debt cut and end to austerity by the new Greek government is a big challenge for German Chancellor Angela Merkel who has set up the austerity path for Europe. The Grexit that could result from...

German Chancellor Merkel Congratulates New Greek PM

German Chancellor Angela Merkel sent today a congratulatory telegram to new Greek Prime Minister Alexis Tsipras. The telegram says, "You assume power at a difficult time that requires great responsibility. I hope that cooperation with you will further strengthen and...