Calamos Supports Greece

Christine Lagarde

IMF Chief: 'No Aid For Greece, If 30 June Payment Missed'

International Monetary Fund Managing Director Christine Lagarde said in an interview with BBC on Sunday that her institution will not step forward to provide additional financial assistance to Greece, if the Greek government miss its €1.5 billion ($1.7 billion) payment on...

Gerry Rice: IMF does Not Expect Greece to Miss June 30 Payment

The International Monetary Fund (IMF) expects Greece to make a 1.5-billion-euro debt repayment on June 30 as scheduled, IMF spokesman Gerry Rice said during the regular press briefing on Thursday. He dismissed talk of default as "speculation" and said that...

Creditors Give Greece Ultimatum and Deadline, All Outcomes Possible

Greece is facing an ultimatum by creditors and Prime Minister Alexis Tsipras is racing with time as a Eurogroup session is scheduled at 2:00 pm and the two negotiating teams must have reached a staff level agreement by then. Wednesday...

Eurogroup: No Decision on Greece, Tsipras and Institutions to Meet Again

Another euro area summit failed to seal a deal for Greece. Finance Ministers are gathered in Brussels for the third time in a week, although they have no formal paper to discuss as Greece and creditors have reportedly rejected...

No Results After Tsipras' Meeting with Institutions – Greek Talks to Be Repeated on Thursday

Eurozone Finance Ministers arrived for a Eurogroup meeting on Greece but exited shortly after since talks between Greek Prime Minister Alexis Tsipras and the institutions ended without a conclusive result. Diplomatic sources said the talks will be repeated on Thursday. Tsipras made...

Tsipras: Either They Do Not Want an Agreement or They Serve Special Interests in Greece – Full List of Counterproposals

"Either they do not want an agreement or they serve special interests in Greece," Prime Minister Alexis Tsipras said to his colleagues, shortly before departing for Brussels. The Greek prime minister was referring to the insistence of the International Monetary...

Greek Crisis Featured on Charlie Hebdo Front Page

Charlie Hebdo, the French magazine that became widely known after the jihadist attack in its offices at the beginning of the year and the mayhem that followed, has targeted Greece’s European partners, criticizing the management of the Greek crisis. The magazine’s...

Tsipras to Meet with EC, IMF and ECB Heads on Wednesday – The Full Greek Proposal

  Greek Prime Minister Alexis Tsipras will fly to Brussels on Wednesday to meet with European Central Bank (ECB) President Mario Draghi, International Monetary Fund (IMF) Managing Director Christine Lagarde, European Commission President Jean-Claude Juncker and two top European Union officials to discuss...

Greece Sends New Proposal Ahead of Emergency Euro Summit

The Greek government sent its new proposal to the European Commission, the European Central Bank (ECB) and the International Monetary Fund (IMF) around 1:00 am on Monday. The European Commission chief of staff Martin Selmayr confirmed that the new, improved...

Greek Banks Brace for Massive Outflow After Eurogroup Breakdown

Greek banks are facing a full-blown crisis after Thursdays' Eurogroup broke down, leaving the specter of Greece's bankruptcy looming large. Almost 3 billion euros flew out of Greek banks this week, with bank managers expecting more outflow on Friday. A representative of the...