Calamos Supports Greece

Eurozone

Greece and Germany Have More In Common Than You Think

By Andreas Bieler, University of Nottingham and Jamie Jordan, University of Nottingham Concerns over Greece’s ability to pay the debt it owes to the European Commission, European Central Bank and IMF continue unabated. While a great deal of coverage is given...

House Speaker Says Greece's Negotiating Team is Compliant to Lenders

Government Vice President Yiannis Dragasakis received harsh critiscism during the meeting of the SYRIZA Political Secretariat when he said that Athens will be ready to sign an agreement with creditors by May 19. In the past few days there have...

Bundesbank Chief says ECB is Not Greece 's Rescuer

The European Central Bank (ECB) should not be used as Greece’s rescuer, the head of Germany’s central bank Jens Weidmann told a German newspaper, warning that the decision for Greece’s future in the Eurozone is clearly political. Asked whether he...

Varoufakis: Greek Debt Unsustainable, ECB Bond Pushback Needed

Greek Finance Minister Yanis Varoufakis said that the Greek debt is unsustainable and Athens needs to delay payment on 27 billion euros of Greek state bonds to the European Central Bank (ECB). In July and August, Greece has to pay 6 billion...

European Parliament President: EU Wants to Continue to Assist Greece

European Parliament President Martin Schulz in an interview to German newspaper Frankfurter Allgemeine Zeitung confirmed that the EU is ready to continue to financially assist Greece, but Athens should seize the opportunity. "That is what I said to Greek Prime Minister...

Germans Choose Greece For Their Holidays

The charm of Greece’s magnificent landscapes, embellished with golden beaches stretching along over many kilometers, azure skies, crystal clear waters and picturesque islands, drew around 2.5 million Germans in 2014, according to official data. Despite the uncertainty concerning the country's stay in the...

Varoufakis: We Aim to Bridge the Previous Program with the one of SYRIZA

During the past few months the Greek government was striving, negotiating and working day and night to find a redeeming agreement, Greek Finance Minister Yanis Varoufakis told reporters after a Eurogroup meeting in Brussels on Monday. The minister noted that...

Only A Marshall Plan Can Save the Euro

The European Investment Bank should use its financial power to make investments in infrastructure not only jumpstart the sinking Greece economy but also many other recession-plagued countries across the Continent.

Poll: 66% of Greeks Favor Deal, 31% Want Rift with Europe

A new opinion poll shows that 66 percent of Greek citizens want the government to come to an agreement with international creditors, while almost 31 percent would like a rift with Europe. The poll was conducted by MARC and also...

Eurogroup President: 'We are Not Very Close to an Agreement With Greece'

"A solution will be found for Greece" stated Eurogroup president Jeroen Dijsselbloem in an interview with the Saturday edition of Corriera della Sera newspaper. "On financial terms we are now more powerful than three years ago when the Athens crisis...