Calamos Supports Greece

European Commission

Brussels: More Differences Than Points of Convergence in Greek Negotiations

Despite the fact that the Greek government makes optimistic announcements about an upcoming deal with creditors, European Union officials in Brussels say there are still many differences on the negotiation table. According to Brussels sources, there is even talk that...

Greek FinMin Varoufakis: Alleged 1.8 Bln Euro Gap Is Part of the Effort for Further Austerity

European Commission President Jean-Claude Juncker's statement for a 1.8-billion-euro VAT deviation between Greece and its partners is an effort from the creditors' side to impose further austerity on Greece, Finance Minister Yanis Varoufakis said on Wednesday. Varoufakis said that...

Greek Govt Meeting on Migration with European Commissioner Avramopoulos

In a meeting with European Commissioner for Migration Dimitris Avramopoulos at the Shipping Ministry on Tuesday, the Greek government asked for an immediate disbursement of EU funds to help cope with increased migration flows. The Greek government asked for the immediate...

European Commission Proposes Relocation of 40,000 Refugees From Italy and Greece

Reuters revealed that the European Commission is planning to propose a plan for the relocation of 40,000 asylum seekers who have arrived in Greece and Italy over the last years to various countries across Europe. The reason behind the proposal is...

Tsipras-Juncker Meeting Conducted in 'Good Atmosphere'

A meeting on Friday between Greek Prime Minister Alexis Tsipras and European Commission President Jean-Claude Juncker was conducted in a good atmosphere of mutual understanding and cooperation, Greek government sources reported. During the approximately half-hour meeting, Tsipras briefed Juncker...

European Leaders Say No to Political Solution for Greek Debt Issue

German Chancellor Angela Merkel and French President Francois Hollande said there is no political solution to the Greek debt problem but recognized the need for a comprehensive agreement that will eventually lead to the restoration of Greek economy. The two...

PM Tsipras Chairs Marathon Meeting of SYRIZA MPs to Discuss Ongoing Negotiations

A marathon meeting of ruling SYRIZA MPs, chaired by Greek Prime Minister Alexis Tsipras, ended late on Tuesday after talks lasting more than five hours. The meeting's primary focus was on the progress of the negotiations between the Greek government and the...

European Commission's Alleged Compromising Proposal for Greece Agreement

European Commission President Jean-Claude Juncker attempted to provide a solution for an agreement between Greece and its international creditors, Greek Daily to Vima reported. According to the report Juncker submitted the alleged proposal to Greece and all other parties involved on...

European Commission: "Greece is One of the Greatest Concerns of the Eurozone"

Athens must speed up its reform efforts and present a "comprehensive and credible" list of reforms, the European Commission Vice-President Valdis Dombrovskis said, describing Greece as "one of the greatest concerns of the eurozone." "The Greek government must prepare a...

European Commission Takes Measures to Tackle Migration, Actions Against Human Smugglers

The European Commission is planning to take a series of measures in order to deal with illegal migration and take strong actions against human smugglers. Ii is estimated that in the first four months of 2015, almost 2,000 people lost their...