Calamos Supports Greece

Germany

Wolfgang Schauble Waves Goodbye ‘Vindicated’ by Tough Bailout Policies

Wolfgang Schäuble says he feels vindicated by the results of often painful reforms carried out in exchange for EU loans in Greece, Portugal, Ireland and Cyprus. In an interview with the Financial Times (FT); as he prepares to change jobs...

‘Anger and Despair’ Over Teacher Shortage in the Greek Schools of Germany

The Greek Ministry of Education has promised to fill all vacant positions in Greek high schools in Germany after parent associations sent an open letter of protest. In a letter to the Greek Minister of Education Kostas Gavroglou, parents' associations...

Champion of Austerity Wolfgang Schäuble to Leave His Post

Wolfgang Schäuble; the all-powerful finance minister of Germany and staunch supporter of austerity in southern Europe and especially in Greece, is to leave his post after Sunday’s elections. Chancellor Angela Merkel’s Christian Democrats (CDU) announced that he will be nominated...

Schaeuble to Leave German FinMin: Not Necessarily Good News for Greece

Germany's pro-austerity Finance Minister Wolfgang Schaeuble is ready to quit his job and become head of the lower house of parliament, the Bundestag, a senior member of Chancellor Angela Merkel's conservatives said on Wednesday, following Sunday's election. Schaeuble is deeply...

Tzanakopoulos: Elections in Germany not Expected to Affect its Strategy on Greece

The elections in Germany are not expected to bring about changes that will affect the German political system's strategy on Greece, government spokesman Dimitris Tzanakopoulos said on Sunday, in an interview with the Greek radio station 'Athina 9.84'. The strategy...

Schäuble Sought Grexit till End of 2016, says German FM Gabriel

The Greek debt crisis features strongly in the German election campaign as the social-democrats of SPD accuse their coalition partners of Angela Merkel’s CDU of undermining the EU. On Tuesday, during the last session of the German Parliament prior to...

Potential Merkel Gov't Ally Proposes Greek Debt Relief in Exchange for Grexit

In an interview with Bloomberg, Christian Lindner, the pro-market German Free Democrats party (FDP) leader and potential partner in Angela Merkel's next government, proposes a quid pro quo for Greece: a debt "haircut" in exchange for exit from the...

German Citizen Returns Ancient Olympia Marble Fragment to Greece

A chunk of a stone gutter from the birthplace of the ancient Olympic Games, which was illegally taken from Greece some 80 years ago, has been voluntarily returned by a German citizen. Greece's Culture Ministry said that the 75-centimeter-long ancient...

President Pavlopoulos Brings Back Germany's WWII Reparations Issue

I Greek President Prokopis Pavlopoulos has once again demanded Germany pay World War II reparations for the damage and atrocities done during the occupation. Speaking during a visit to the village of Kimono, in Arta, in northwestern Greece, where more than...

Yet Again, Merkel Rules out a Greek Debt "Haircut"

Speaking to German media, Chancellor Angela Merkel, once more, ruled-out a haircut of the Greek debt. She said that under no circumstances could there be a new "classic haircut" of Greek debt, similar to what happened with the PSI. "A debt...