Calamos Supports Greece

Angela Merkel

Samaras Says Surplus Topped 1.5B Euros, 70% To Austerity Victims

Greek Prime Minister Antonis Samaras said the country's primary surplus - not counting interest on debt and a slew of other costs - has surpassed 1.5 billion euros ($2.03) billion, enough to stave off the need for additional aid...

Greece Will Use Primary Surplus For Debt Relief Bid

After previously stating Greece didn't need nor would seek debt relief, the government now is reportedly planning to use a primary surplus that is expected to be larger than first estimated to force losses on international lenders as a...

Germany Says No Greek Haircut

The German Finance Ministry, rejecting a report in the news magazine Der Spiegel that said Germany was readying a third bailout package for Greece, reiterated that there is no chance of debt relief and that Greece will have to...

The Greek "Angela Merkel"

Many people say that somewhere out there is the one you are meant to be with, your soul mate. Well, I don't know if you believe in soul mates but you have to believe in doubles. There are people who...

Schaeuble Glad didn’t have Greek-Style Cuts at Home

Germany's finance minister said Friday he was glad he did not have to implement the sort of painful austerity drive imposed on Greece in his own country. Speaking at the World Economic Forum in the Swiss ski resort of Davos,...

Now Stournaras Doesn't Want Debt Cut

Greek Finance Minister Yannis Stournaras, dismissing reports he may be appointed the Governor of the Bank of Greece which has had trouble predicting the country's fiscal fortune, told SKAI TV that he's changed his mind about asking the country's...

Under Troika Shadow, Greece Takes EU Presidency

As Greece formally took over the symbolic European Union Presidency for six months on Jan. 8 with a ceremony including invited European officials, Finance Minister Yannis Stournaras said he would conclude negotiations with the country's international lenders during the...

ESM Chief: No Greek Debt Cut

While Greek Prime Minister Antonis Samaras said Greece's battered economy will begin to recover this year - and with even a possible return to the markets - the government's hope for reducing its debt by not paying back in...

A Thin Veil for Greece in 2014

As if Greece didn't have enough trouble as Jan. 1 loomed - the seventh consecutive year of a deep recession - Prime Minister Antonis Samaras' uneasy coalition of his New Democracy Conservatives and the PASOK Socialists, who are clinging...

Government Officials Criticize Ambassador's Home Shooting

Early this morning, a shooting took place outside the German ambassador to Greece's residence in Halandri in Athens, Greece. German Foreign Minister Frank-Walter Steinmeier described the assault as “very serious.” Meanwhile, Greek Prime Minister Antonis Samaras contacted German Chancellor...