Calamos Supports Greece

debt relief

Greece's Turn? Former Greek PM Papademos Says Debt Relief Is Just Part of Solution

Former Greek provisional prime minister and economist Lucas Papademos spoke at the conference of the Fletcher School, titled "Greece's Turn? Litmus Test for Europe." Papademos said that debt relief was necessary but not a solution for Greece's recovery on...

IMF Chief Calls for Greek Debt Relief and More Reforms

International Monetary Fund (IMF) Chief Christine Lagarde said on Thursday that Greek debt is not viable. She said that while Greece has proceeded to implement some reforms, more work is still needed to be done. She confirmed fears that...

Tsipras Calls on 'Progressive and Left-Wing Forces' to Change Europe

Progressive and left-wing forces should work together to change Europe, Prime Minister Alexis Tsipras said on Monday at the opening of an event to present an account of SYRIZA MEP Dimitris Papadimoulis' parliamentary work for the period 2014-2016 in...

IMF Report: Pension Reductions, Tax and Labor Changes Needed

The International Monetary Fund (IMF) Greek Head Delia Velculescu held a conference call with reporters on Friday. She stated that Greece’s growth outlook remains weak, and pointed to further deep reforms necessary. She also said that debt relief from...

SYRIZA MEP Papadimoulis: Debt Relief Measures Must Be Made Specific

GUE/NGL MEP Dimitris Papadimoulis, Vice President of the European Parliament, said that the Radical Left Coalition (SYRIZA) party's goal for measures on Greek debt relief has found "response in the lenders' camp." Speaking to radio station Praktoreio 104.9 FM,...

Greek Deputy PM Dampens Hopes for Debt Relief

Greek Government Deputy Prime Minister Giannis Dragasakis proposed sanctioning debt restrictions within the framework of the Greek Constitution. Taking part in the first conference of the sub-committee of Greek Parliament's Committee of Economic Affairs focused on debt and debt...

MNI: Greek Debt Relief Talks to be Delayed Until After German Elections

An MNI source with knowledge of the Greek debt situation dampened hopes of swift debt relief just a day after Greek Prime Minister Alexis Tsipras' upbeat statements at the Thessaloniki International Trade Fair (TIF) on Sunday. German Financial News Agency...

Greek Gov't Rejects Early Elections Scenarios

Government spokeswoman Olga Gerovassili rejects scenarios of early elections in an interview with Efimerida ton Syntakton on Friday. Gerovassili said that the truth is that main opposition New Democracy (ND) wants the authority but they'll have to wait. On the debt...

Greek PM Calls on Europe to Ease Greek Debt as Did for Germany in 1953

Prime Minister Alexis Tsipras has called on Europe to offer debt relief to Greece, on the 63rd anniversary of the generous debt write-off to Germany (August 8, 1953). In a message he posted on Facebook, the Greek prime minister reminds...

Tsipras-Lew Agree on Debt Relief and Greece's Role as 'Pillar of Stability'

During a meeting in Athens on Thursday, Greece's Prime Minister Alexis Tsipras and visiting U.S. Secretary of the Treasury Jack Lew agreed on the necessity of significant debt relief for Greece. In a brief dialogue before television cameras as Lew...