Calamos Supports Greece

Eurogroup

Eurogroup Set to Release 2.8-Bln-Euro Tranche Disbursement for Greece on Monday

The Eurogroup of Eurozone finance ministers are likely to approve the disbursement of a 2.8-bln-euro tranche on loans benchmarked for Greece during their next meeting in Luxembourg on Monday. Two high-ranking Eurozone officials indicated on Friday that the release...

Senior EZ Official Says Tranche Disbursement Likely at Eurogroup on October 10

A senior Eurozone official told journalists that Greece's pending prior actions can be completed before the Eurogroup meeting of the euro area's finance ministers on October 10. The official said on Friday that the pending issues Greece needs to...

Greece Close to Completing Prerequisites for €2.8 Bln Loan Tranche

Greece is expected to complete the prerequisites for the second bailout program review within the next week, said creditors' representatives on Thursday's Euroworking Group, according to a Kathimerini newspaper report. If all goes well, the October 10 Eurogroup will give...

ECB Denies Backing Reduction of Greece's Primary Surplus Targets

A Greek central banker said the European Central Bank (ECB) expressed support for Greece's efforts to reduce its target for a primary budget surplus after 2018. He said that the central bank supports the initiative of lowering the primary...

Eurogroup Urges Greece to Speed Up Required Reforms

Euro zone finance ministers urged Greece to complete the implementation of required reforms by October's end in order to receive the next bailout tranche. Friday's Eurogroup in Bratislava did not go as the Greek side would wish, since creditors asked...

Greek Government Says 13 Prior Actions to be Completed Over the Next Week

The Greek government gave its assurance to a eurozone official this week that the 13 outstanding prior actions that Greece has not implemented will be enforced by the end of September. The original schedule had provided for all prior...

Could Greece Be Headed to Another Bailout Standoff?

Greece is in the danger zone again with reports that eurozone countries will refuse to release additional funds on account of Athens having implemented only two of the 15 reforms that were a pre-requisite of last year's rescue package....

Proposal of New Euro Zone Fund Might Put Greece under Permanent Fiscal Supervision

The creation of a new fund to shield the euro zone from financial shocks will be discussed at a Eurogroup meeting scheduled for Friday; the fund policies might put Greece under permanent fiscal supervision. According to Reuters, the Slovak European Union presidency...

Greece Will Not Get Bailout Tranche in September, German Report Says

The euro zone will not give the green light for bailout funds to Greece in September at the Bratislava Eurogroup on Friday, according to German financial newspaper Handelsblatt Global. The report cites European Commission officials who argue that the reason...

Greece on Top of Friday's Eurogroup Agenda September 9

Greece is the first and main issue on the agenda on Friday (September 9) at a meeting of euro zone finance ministers in Bratislava. The progress of Greece's bailout program and the state of the country's economy is the main...