Calamos Supports Greece

Eurogroup

Stournaras: Eurogroup Deal on May 24 Could See Lifting of Capital Controls

Bank of Greece Governor Yiannis Stournaras said that capital controls will be lifted if a deal is made at the Eurogroup on May 24. He said that an agreement between Greece and its creditors would herald an end to...

Greece and EU Reach Agreement on 5.4 Billion Euros, Confirms EU Official

Greece and its European creditors have agreed on a basic package of measures worth 5.4 billion euros, confirmed a European official from Brussels on Friday. Greek news site real.gr reports that the official points to an ambitious package of 17...

Giorgos Koumoutsakos: 'A Prime Minister With Delusions Is a Dangerous Prime Minister'

"For the first time, a government imposes measures of 12 billion euros and celebrates," main opposition New Democracy spokesman Giorgos Koumoutsakos said in a press briefing on Thursday. "Citizens will have to pay for the government's lies. A prime minister...

Greece's Creditors Disagree Over Ways to Ease Debt

The possibility of creditors reaching an agreement on easing the Greek debt before the May 24 Eurogroup is removed, according to a source close to the Euro Working Group talks. Several member states expressed serious doubts over the debt easing...

Yanis Varoufakis 'Bomb': Deal With Tsipras to Threaten Lenders With Grexit [Video]

New independent AthensLive , the crowdfunded and alternative media outlet, scored its first large scoop in a guerrilla interview with former Finance Minister Yanis Varoufakis. In his talk, he commented on some of his experiences with the leadership of...

EWG Set for Staff Level Agreement on Greece

A meeting of the Euro Working Group (EWG) is taking place at this time in Brussels and is focused on reaching a staff level agreement on the completion of the program for Greece. The EWG meeting is believed to...

Eurogroup Chief: Greeks Have a Lot of Hidden Wealth

"The saddest thing about Greece is that it has a lot of wealth, but it is hidden, or transferred to London," said Eurogroup President Jeroen Dijsselbloem on Wednesday. The Dutch finance minister spoke at the Oxford Union, the debate forum...

Greek Debt Heads to G7 Summit in Tokyo

Greek debt talks are due to take place at the Group of Seven (G7) summit of finance ministers at Tokyo, Japan, from May 18-20. The summit, ahead of the crucial Eurogroup meeting of Eurozone ministers on May 24, will...

German Fin Min: No Need for Greek Debt Haircut

German Finance Minister Wolfgang Schaeuble said that there is no need for a Greek debt haircut at present and expressed optimism that Athens and lenders will come to an agreement over the bailout program review in two weeks. Schaeuble spoke...

Will Tsipras Wear a Tie at the Eurogroup Meeting on May 24?

Much ado was made of Greek leftist SYRIZA Prime Minister Alexis Tsipras' choice of attire after his blitzkrieg into power after winning the elections on January 25, 2015. He wore his collar proudly unbuttoned in the presence of the...