Calamos Supports Greece

Greek bailout programme

ESM on Greek Debt Relief: We Shall See After August 2018

Greece's lenders will be able to determine if Greece needs further debt relief only in the summer of next year, the head of Europe’s rescue fund (ESM), said on Thursday. Klaus Regling said that Greece does not have “a debt...

Parliament Budget Office Warns about Premature Optimism over Greek Economy

Speaking in the House today, the head of Parliament's Budget Office warned the government not to create great expectations concerning both the exit from the Greek bailout programme and the growth of the Greek economy. Panagiotis Liargovas said that a...

Greek Economy Minister is Certain of Economic Growth by End of 2016

"Greece will not become a tax haven. We will follow the road of European countries which maintain high tax rates," Economy Minister George Stathakis said on Tuesday, addressing a conference organized by the American-Hellenic Chamber of Commerce. "We will...

Varoufakis: Europe Cannot Ask Us to Implement a Failed Program

Greece is and will continue to remain in the Eurozone and the Eurozone is indivisible, Greek Finance Minister Yanis Varoufakis said on Monday evening, following a meeting of the Eurogroup in Brussels. Speaking at a press conference, Varoufakis expressed optimism...

IMF Releases 1.7 Billion Euros for Greece

The International Monetary Fund has released 1.74 billion euros in fresh funds for Greece after the country passed the third review of its performance under the joint IMF-EU bailout programme. Earlier, yesterday, the European Financial Stability Facility also released another...

Troika Return to Athens to Assess Progress

The troika returns to Athens today to begin an assessment of the second multi-billion euro bailout for Greece. It is widely expected that officials from the European Commission, European Central Bank and the International Monetary Fund will find that Greece...

Sombre Warnings From Greek Troika

Top representatives of the Greek "Troika" stoutly defended the focus of the Greek bailout programme on Tuesday and insisted that Greece must raise its game on economic reforms, political unity and tackling vested interests, or risk failure. MEPs advocated...