Calamos Supports Greece

Christine Lagarde

IMF Chief: '[Greece's] Pension Scheme Is Going Right Into the Wall'

"Their pension scheme is going right into the wall the way it is now, and they know it," said International Monetary Fund Managing Director Christine Lagarde. In an interview during the 2016 Women in the World Summit in New...

What If Greece's Turn Against the IMF Is Staged?

The sudden turn of the Greek government against the International Monetary Fund in the past month and the continuous requests for its withdrawal from the bailout program looks like another communication trick by Prime Minister Alexis Tsipras. His strategy...

German Chancellor, IMF Chief Agree to Disagree on Greek Debt Relief

German Chancellor Angela Merkel and IMF Managing Director Christine Lagarde agreed that the Fund will participate in monitoring Greece's bailout program but disagreed on a debt haircut. The two women met in Berlin on Tuesday during a conference of global...

IMF Chief: Talks With Greece in 'Good Faith,' But Figures 'Need to Add Up'

International Monetary Fund Managing Director Christine Lagarde said she intends to negotiate "in good faith" with Greece, despite recent acrimonious comments by the Greek side. The comments against the IMF came after the alleged leaks of a conversation between the...

European Sources Ring the Warning Bell for the Delay of the Evaluation [video]

Despite the slight progress in the negotiations between the Greek government and the creditors' representatives, Greece could be faced with the risk of bankruptcy and exiting the euro in case the evaluation of the creditor's program is delayed until...

PM Tsipras: Greek Program Review Must Conclude by April 22

For the first time after six years there’s complete agreement between the Greek government and the institutions on when the country’s program review will conclude, which will be by April 22, Prime Minister Alexis Tsipras said on Monday speaking...

IMF Chief Dismisses Wikileaks Report on Greece as 'Simply Nonsense'

International Monetary Fund Managing Director Christine Lagarde has dismissed the WikiLeaks report that suggests IMF is deliberately trying to push Greece towards a "credit event." Prime Minister Alexis Tsipras sent a letter to Lagarde asking if this is the official...

Tsipras Complains to IMF Chief Over Greek Debt Wikileaks

Greek Prime Minister Alexis Tsipras wrote a letter of complaint to International Monetary Fund Managing Director Christine Lagarde over the alleged leaks of a conversation between two of the organization’s senior officials on Greece's bailout. WikiLeaks made public an alleged...

President and Finance Minister Announce Cyprus' Exit from the Economic Adjustment Programme

President of the Republic of Cyprus Nicos Anastasiades and Finance Minister Harris Georgiades announced Monday Cyprus' exit from the its economic adjustment programme, which was approved by a Eurogroup meeting in Brussels. "The last Eurogroup on Cyprus' memorandum. Three years...

IMF Maintains Tough Stance Over Greece’s New Bailout Program

Just a few days after the posting of his controversial article on the IMF’s blog, Poul Thomsen, Director of the Fund’s European Department, presented yesterday the state of the Greek bailout program to the organization’s Executive Board, saying that...