Calamos Supports Greece

ECB

Greek Prosectors Doubt Authenticity of Lagarde List

Finance Minister Yiannis Stournaras reportedly is going to ask French officials to deliver the original list of 1,991 Greeks with $1.95 billion in deposits in the Geneva branch of HSBC Bank to check for possible tax evasion after special...

Samaras Says Merkel Visit a Triumph

Ignoring protests by 50,000 people against the visit of German Chancellor Angela Merkel to meet him in Athens on Oct. 9, Prime Minister Antonis Samaras said it was proof Greece is being welcomed back into the international arena and...

In Athens, Merkel Sees Progress, But Protesters Don't

While protests raged a few blocks from where she was having quiet talks with Prime Minister Antonis Samaras that she said showed progress in his attempt to impose more austerity measures to help right the economy, German Chancellor Angela...

Schaeuble Says Greece Will Get Loan Installment

As German Chancellor Angela Merkel was set to visit Athens on Oct. 9 to meet Prime Minister Antonis Samaras, German Finance Minister Wolfgang Schäeuble said Greece will get a delayed $38.8 billion loan installment that is the last due...

Fortress Athens: 6,000 Cops to Guard Merkel

German Chancellor Angela Merkel – who many Greeks view as the architect of the austerity measures that have ruined their lives – will likely face angry crowds when she visits Athens on Oct. 9 to meet with Prime Minister...

ECB Official Says No Help On Greek Bonds

A senior European Central Bank official is insisting that the bank can't help Greece by agreeing to roll over the government bonds it holds or accept lower interest rates. Prime Minister Antonis Samaras, who wants more time to enact reforms...

Samaras Says He'll Get Tough On Protesters

Upset that 350 shipyard workers protesting against not being paid for six months broke their way into the courtyard of the defense ministry and with rising social unrest against more planned austerity measures, Greek Prime Minister Antonis Samaras said...

Μerkel Coming to Athens to Meet Samaras

German Chancellor Angela Merkel, an object of scorn to Greeks angry that she’s insisting on more austerity measures while her country foots much of the bill for bailouts to save the Greek economy, will visit Athens on Oct. 9...

Draghi Says No Extra Time for Greece to Pay Loans

European Central Bank chief Mario Draghi said Greece would not get extra time to pay off its debt, calling an extension "tantamount to monetary financing." The ECB is ready to launch its bond-buying program for Eurozone countries with debt...

IIF: EU, ECB, IMF Should Lower Greek Loan Interest Rates

The EU, the European Central Bank and the International Monetary Fund should slash interest rates on the Greece debt they hold to give the near-default nation a fighting chance to recover, the head of the Institute of International Finance...