Calamos Supports Greece

Euclid Tsakalotos

U.S. Treasury Secretary Stresses Importance of IMF Role in Greece's Bailout

U.S. Secretary of Treasury Jack Lew spoke with Greek Finance Minister Euclid Tsakalotos over the phone on Tuesday evening and stressed that it is important the International Monetary Fund (IMF) remains involved in Greece's bailout program. According to Greek television correspondent Michalis...

Europe Insists IMF Remains in Greece's Bailout Program

European finance ministers are in favor of Greek debt easing but insist that the International Monetary Fund should remain in Greece's bailout program. Greek Finance Minister Euclid Tsakalotos is in a series of meetings with European counterparts ahead of Thursday's...

Greek Fin Min Meets with European Counterparts

Greece's Minister of Finance Euclid Tsakalotos and his economics team are in the middle of a series of meetings with European counterparts ahead of the crucial assessment of the Greek bailout program. On Friday Tsakalotos met with Italian Finance Minister...

Greek Finance Minister Meeting with European Ministers Ahead of Bailout Review

Greek Finance Minister Euclid Tsakalotos continued a round of meetings with other Eurozone finance ministers over the weekend, meeting his Portuguese counterpart on Saturday and traveling to Paris for talks with French Finance Minister Michel Sapin on Sunday afternoon. During...

Greek Govt Officials Reportedly Upset by Dijsselbloem Comments

Greek government officials were not happy with Eurogroup President Jeroen Dijsselbloem's recent comments on the Greek bailout's upcoming review, Kathimerini newspaper reported. Dijsselbloem claimed on Thursday that the review will take months to complete, and not weeks as expected. A...

Greek FinMin Tsakalotos: 'There Will Be Victories and Defeats in the Negotiation'

Greek Finance Minister Euclid Tsakalotos expressed optimism that the government will overcome the obstacle of the negotiations with the creditors, on Sunday January 3rd, in an interview with Kathimerini. “In the negotiations there will be victories and defeats,” he said...

Greece to be Under Close Eurogroup Supervision in 2016

Greece will feature heavily on the Eurogroup agenda in the first six months of 2016 as creditors want to supervise closely the progress of the bailout program in order to avoid the costly delays of 2015. The progress of the...

Greek Finance Minister: Government Does not Agree with Bailout

Greek Finance Minister Euclid Tsakalotos claimed during an interview with Spanish newspaper "El Mundo" that the Greek government does not agree with the neoliberal reforms of the bailout it is implementing, but defended its decision to adopt this program. Tsakalotos, who negotiated the current program...

Greek PM Tsipras: 'We Could Have Been Braver in Negotiations' [Video]

Greek Prime Minister Alexis Tsipras admitted that his government could have been braver in deliberations with Greece's international lenders that brought the austere bailout program. Tsipras was interviewed for a documentary series called '#ThisIsACoup.' The documentary is made by Theopi Skarlatos...

Draft Bill on Prior Actions Needed for 1-bln-euro Bailout Tranche Tabled in Parliament

A draft omnibus bill legislating for the prior actions and milestones Greece must implement in exchange for a 1.0-billion-euro tranche of bailout loans has been tabled in Greek Parliament, following an agreement reached with Greece's creditors late last week. The...