Calamos Supports Greece

Christine Lagarde

IMF Chief: No Grace Period for Greece if it Misses Payment

There will not be a grace period for Greece if it misses its payment to the International Monetary Fund on June 30, said IMF Managing Director Christine Lagarde on Thursday. This means that if Athens does not repay the 1.6-billion-euros...

IMF: 'We Did Not Suggest Greece Bundles the Payments into One'

The standoff between Greece and its international creditors is heating up after the Greek government's decision not to make the €300 million payment to the International Monetary Fund (IMF) on Friday and wrap June’s four payments into one due at the end...

Bank of Greece Chief Against Postponement of IMF Repayment

Bank of Greece (BoG) governor Yiannis Stournaras expressed his disagreement over the government's decision to skip the scheduled repayment to the International Monetary Fund (IMF) and bundle all installments for June 30. Stournaras reportedly asked the government to avoid such a move because,...

IMF Chief: Deal is Up to Greece Now

International Monetary Fund Managing Director Christine Lagarde told the board of directors of the fund that an agreement over the Greek debt is entirely up to Greece now. Lagarde briefed the IMF board on her discussions with top European officials...

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...

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...

IMF's Lagarde: Greece's Exit from the Eurozone Is a Possibility

Greece’s exit from the Eurozone is a possibility but would not signify an end to the single currency, International Monetary Fund (IMF) head Christine Lagarde told German newspaper Frankfurter Allgemeine Zeitung. "A Greek exit is a possibility," Lagarde told...

IMF's Lagarde: Still a Lot of Work Before Greek Deal

Managing Director of the International Monetary Fund (IMF) Christine Lagarde said that there is still a lot of work to be done before Greece signs a deal with international creditors. Lagarde was interviewed on German television's ARD on Thursday. She...

Greece Among Main Topics in G7 Summit

German Finance Minister Wolfgang Schaeuble and Bundesbank President Jens Weidmann host their G7 counterparts - Britain, France, Germany, USA, Japan, Italy, Canada - in Dresden on May 27-29. Among the main topics to be discussed will be Greece, although no decisions...

IMF's Lagarde Shrinks Greek Hopes for Speedy Deal

Managing Director of the International Monetary Fund (IMF) Christine Lagarde didn't allow much hope for a speedy bailout deal regarding Greece's debt crisis on Friday, saying that there is a long way to go for Greece and its European lenders. The head of IMF told reporters during a...