Calamos Supports Greece

Eurogroup

Germany, France Leaders: Saturday Deadline for Greek Agreement

Saturday's Eurogroup marks Greece's deadline to come to an agreement with creditors over the debt issue, said German Chancellor Angela Merkel and French President Francois Hollande. After that, Greece most likely will default on its payment to the International Monetary Fund...

Varoufakis: Some Finance Ministers Criticized the Institutions' Proposal, Greek Talks to Continue

Greek Finance Minister Yanis Varoufakis said on Thursday that two documents have been submitted to the Eurogroup, one by Greece and another by creditors, adding that talks will continue until there is a solution. "Two documents at the Eurogroup. Interestingly,...

Eurogroup Meeting Suspended Without Reaching Agreement

While European leaders are preparing for the summit, the European finance ministers Eurogroup started its second meeting in less than 24 hours. Both sides presented their reform proposals, however they were not able to reach an agreement and resolve...

Eurogroup Chief: Greece Has Not Agreed With the Institutions' Proposal

The Greek side has not agreed with the text the institutions have submitted to the Eurogroup, said Eurogroup chief Jeroen Dijsselbloem. "We will present to the ministers the documents that the institutions have jointly drafted. We do not have the...

No White Smoke for Greece in Talks with Creditors, New Proposals to Table at Eurogroup

Greek Prime Minister Alexis Tsipras completed yet another fruitless meeting  with the chiefs of the troika of lenders under tremendous pressure to seal an agreement before facing other European Union leaders at a summit later on Thursday in Brussels. There...

Creditors Give Greece Ultimatum and Deadline, All Outcomes Possible

Greece is facing an ultimatum by creditors and Prime Minister Alexis Tsipras is racing with time as a Eurogroup session is scheduled at 2:00 pm and the two negotiating teams must have reached a staff level agreement by then. Wednesday...

What Do I Think of the New Greek Austerity Plan?

This week the Greek government sent its new proposals for austerity to Brussels. We asked a financial analyst and investment advisor to tell us his thoughts on the new Greek package that is now being discussed in Brussels as a basis...

Eurogroup: No Decision on Greece, Tsipras and Institutions to Meet Again

Another euro area summit failed to seal a deal for Greece. Finance Ministers are gathered in Brussels for the third time in a week, although they have no formal paper to discuss as Greece and creditors have reportedly rejected...

No Results After Tsipras' Meeting with Institutions – Greek Talks to Be Repeated on Thursday

Eurozone Finance Ministers arrived for a Eurogroup meeting on Greece but exited shortly after since talks between Greek Prime Minister Alexis Tsipras and the institutions ended without a conclusive result. Diplomatic sources said the talks will be repeated on Thursday. Tsipras made...

Tsipras: Either They Do Not Want an Agreement or They Serve Special Interests in Greece – Full List of Counterproposals

"Either they do not want an agreement or they serve special interests in Greece," Prime Minister Alexis Tsipras said to his colleagues, shortly before departing for Brussels. The Greek prime minister was referring to the insistence of the International Monetary...