Calamos Supports Greece

Eurogroup

Dijsselbloem: 'No Problem if Greece Wants to Leave the Euro'

The technical discussions that began in Brussels on Wednesday were accompanied by a barrage of negative comments and reports for the Greek government. Both sides want to come to an agreement on the reforms, however it has become evident...

Varoufakis: 'ECB is Asphyxiating the Greek Government'

Greek Finance Minister Yanis Varoufakis said the European Central Bank is following an asphyxiating policy toward the Greek government. In an interview on Greece's Mega television on Thursday, the Greek minister said, "The ECB, in my opinion, is pursuing a...

ESM Approves Transfer of €555 Mln from HFSF to Greek State

The European Stability Mechanism (ESM) approved on Tuesday the transfer of 555 million euros from the Hellenic Financial Stability Fund (HFSF) to the Greek State, sources said. The funds come from the dividend payments of preferential shares that banks received...

German FinMin Says Further Aid Will be Given to Greece Only After Agreement with Creditors

German Finance Minister Wolfgang Schaeuble said on Tuesday no aid will be handed to Greece until international creditors agree that it has delivered on its reform commitments, Reuters reported. "Greece must talk to the institutions to ensure that the Memorandum of Understanding...

SYRIZA's Left Platform Asks Govt Not to Sign Agreement with Creditors

The left platform of SYRIZA criticized Greek Prime Minister Alexis Tsipras for backing down on Monday's Eurogroup negotiations and asks for rift with creditors. The party's left platform --led by Minister of Productive Reconstruction, Environment and Energy Panagiotis Lafazanis --...

ECB President Draghi Urges Greece to Allow Troika Back Before It's Too Late

European Central Bank (ECB) President Mario Draghi urged the Greek government to allow the institution representatives, formerly known as the "troika" to return to Athens in order to disclose its cash position before it is too late. Mr. Draghi...

The New Greek Government Refines the Art of Procrastination

In the past five months the words "critical Eurogroup" are repeated like a mantra on the lips of journalists and Greek citizens alike. Every Eurogroup since October, is like signifying the end of times, or Armageddon, like our flamboyant...

Greek Minister of State Calls on Politicians to Bring their Money Back to the Country

Greek Minister of State Alekos Flambouraris on Tuesday, in statements to SKAI TV, called on all politicians and non politicians to bring their money back to Greece . "We are giving a fight for existence and even one euro matters in...

Moscovici Speaks of 'Balanced Decisions' in Monday's Eurogroup

EU Commissioner for Economic and Financial Affairs Pierre Moscovici referred to Monday’s Eurogroup meeting and spoke of balanced decisions that allow the start of the technical processing of the proposals with the Greek authorities. Arriving at the ECOFIN meeting, he...

Greece in Danger of Being €3 Billion Short by April's End

Monday's Eurogroup did not come to a decision about Greece's bailout, thereby the European Central Bank cannot continue funding the country yet. Greece will be in a dire situation by the end of April, as Prime Minister Alexis Tsipras himself...