Calamos Supports Greece

Christine Lagarde

Financial Times: IMF Considers Presenting Greece with 'Cyprus-Like' Proposal

The International Monetary Fund (IMF) is considering to present Greece with a "Cyprus-like" severe bailout plan proposal, according to a Financial Times report. With Greece having difficulty meeting its domestic obligations in public sector salaries and pensions, it is very unlikely...

Top Greek Businessman Pays €1.8 Mln After Arrest for Unpaid Taxes

One of Greece's top businessmen, Ellaktor Managing Director Leonidas Bobolas, appeared before a public prosecutor after his arrest by the Financial Crime Unit today, accused of major tax evasion but was subsequently released after paying the sum of 1.8 million euros,...

Greek Govt Vice President: We Will Not Cross Our Red Lines in Negotiations

The Greek government's intention not to cross the red lines it has set in regards to the ongoing negotiations with the country's partners expressed, yet again, yesterday government Vice President Giannis Dragasakis. In an interview to Greek newspaper "To Vima," published...

Frankfurter Allgemeine Zeitung: Tsipras in Secret Negotiations with Creditors

Greek Prime Minister Alexis Tsipras in having secret negotiations with European Central Bank President Mario Draghi, International Monetary Fund (IMF) Managing Director Christine Lagarde and European Commission President Jean-Claude Juncker, a Frankfurter Allgemeine Zeitung report said. The four parties are called the...

ECB Chief: Greek Default Could Lead World Economy to 'Uncharted Waters'

International creditors urged Greece on Sunday to present a plan to avoid default that could lead global economy to "uncharted waters." European Central Bank (ECB) President Mario Draghi warned Greece to provide a comprehensive plan of reforms that would allow...

Christine Lagarde's Greek 'Guardian Angel'

International Monetary Fund (IMF) chief Christine Lagarde has a Greek "guardian angel" to look after her. It was during the meeting with Greece's Finance Minister Yanis Varoufakis, that we learnt the man who is responsible for her security is a former...

Berlin, Paris, IMF Press Greece for Measures

European and International Monetary Fund (IMF) officials came to the conclusion that there has been progress in Greece, however there is still much work that needs to be done after their negotiations with the Greek government. At the same time,...

Lagarde: 'Greece Repaid the Amount Owed to IMF for April'

Greece has repaid the amount it owed to the International Monetary Fund (IMF) for April in the framework of its support program, the Fund’s chief Christine Lagarde confirmed on Thursday. "I received my money," Lagarde was quoted as saying by AFP...

Greece Paid 448 mln Euro Tranche to the IMF

Greece paid the 448 million euro tranche to the International Monetary Fund (IMF), senior Finance ministry sources on Thursday said in reply to an ANA-MPA query. International Monetary Fund Managing Director Christine Lagarde confirmed on Thursday that the payment was...

IMF Wants Pension Cuts and VAT Raise for Greece

International Monetary Fund Managing Director Christine Lagarde suggested to Greek Finance Minister Yanis Varoufakis to raise VAT and cut pensions, according to DPA news agency. Varoufakis and Lagarde talked for 2.5 hours on Sunday in Washington, DC and the Greek finance...