Calamos Supports Greece

EU

First Greek Bond In Four Years Brings 4.75% Rate

Greece's first cautious return to bond markets has come with a 3 billion euro ($4.15 billion) five-year instrument that has brought a yield of 4.75 percent, far below what had been paid during the height of a crushing economic...

Cyprus Eyes 2015 Bond Market Return, Wary Of Russia Sanctions

Cyprus President Nicos Anastasiades on Wednesday told Reuters he expects the republic to return to international bond markets in late 2015, and does not exclude testing investor appetite even sooner. “We hope to be in a position to enter the...

Greece Readies First Bond Since 2010

Just a couple of days after Finance Minister Yannis Stournaras said the government wasn't ready to issue its first long-term bond in four years, Greece is ready to do so on April 10, a day before German Chancellor Angela...

Mitsotakis Says Greece Back, Lower Interest Rates Key

Greek Administrative Reform Minister Kyriakos Mitsotakis, the man in charge of firing thousands of public workers in an austerity drive, said the big spending cuts and tax hikes are paying off with a looming recovery that will be buoyed...

Stournaras: No Rush For Bond Markets

With the investment seemingly ready to embrace the first Greek bonds since the country went into a crushing financial crisis four years ago, Finance Minister Yannis Stournaras said it won't happen soon. "We will return by the summer, within the...

Schaeuble: No Haircut in Greece But New Bailout Possible

The reports of Greece's return to life may be greatly exaggerated. Despite the impending release of a long-delayed 8.3 billion euro installment from international lenders and a primary surplus of as much as 2.5 billion euros, Greece may yet need...

Schaeuble Says Greeks Can't Blame Others For Their Fiscal Woes

German Finance Minister Wolfgang Schaeuble, whose country has insisted on harsh austerity measures in return for contributing to international bailouts propping up the Greek government, said Greeks should be praised for their sacrifices but not blame Germang or the...

Tsipras: Europe Needs "New Deal"

Taking a page from former U.S. President Franklin Delano Roosevelt, Greece's major opposition Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras said Europe needs to find another way to deal with its economic problems and austerity pushed on...

PASOK In Panic Over Papandreou Defiance

PASOK's once-dominant Socialist party is in almost completely disarray in the aftermath of its former leader and previous Greek premier George Papandreou in an almost-open rebellion against the current leader, Evangelos Venizelos. Papandreou voted against a key banking article in...

Greece Going Back To Bond Markets

After being locked out of the bond markets for almost four years during a crushing economic crisis, Greece is set to make a wary return in the next few months by issuing a small offer it hopes will attract...