Calamos Supports Greece

Greek debt crisis

Is There Light at the End of the Tunnel for the Greek Crisis?

Ever since the Greek debt crisis erupted, back in late 2009, each successive government actively sought to defuse a sharp backlash against the bailout programs imposed on the country by the notorious trio of the International Monetary Fund (IMF),...

EU Vice President: Greece Needs Long – Term, Sustainable Pension System

Greece needs to build a long-term, sustainable, less fragmented and more just pension system, European Commission Vice-President Valdis Dombrovskis told reporters on Monday. Dombrovskis spoke to the press on the sidelines of Monday's meeting of Eurozone finance ministers where Greece's...

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...

Greek Finance Minister Calls for a Deal on Greek Debt by March

Greece's Finance Minister Euclid Tsakalotos said on Monday that a deal on the country's debt must be reached as quickly as possible, since any delays would postpone important decisions for Greece's economy. He warned against "returning to the solutions given until...

Paul Mason: Greece 'a Laboratory of a New Kind of Europe'

Paul Mason, an economic editor for British broadcaster Channel 4 News and author of several books, among them “PostCapitalism- A guide to our Future,” talked to the ANA-MPA about the economic situation in Europe, the debt crisis and the...

IMF Chief Lagarde: 'Total Debt Cancellation For Greece Is Not An Option'

International Monetary Fund (IMF) Managing Director Christine Lagarde stressed out that there is an urgent need for cash-strapped Greece’s unsustainable debt burden to be reconstructed. In an interview with Swiss French-language daily newspaper "Le Temps" on Saturday, Lagarde implied that the International Monetary Fund is...

SYRIZA Leader Tsipras Urges Greeks To Get Rid Of Their 'Hated Regime'

"Against us is the old political system that pushed the country into a tragedy, which built the regime that led to the bailouts. We want to demolish this regime," Greece's former Prime Minister Alexis Tsipras stated at a gathering of...

September 20 Vote In Greece May Lead To New Coalition Govt

Greece's outgoing Prime Minister Alexis Tsipras is likely to strike an alliance with the opposition and other political parties forming a new coalition government, after the September 20 vote, experts claim. University of Athens political scientist Theodore Couloumbis commented on Tsipras' decision to get...

Paul Krugman Shocked By Greek Govt's Lack of Back Up Plan

Acclaimed American economist, professor of Economics and International Affairs at Princeton University and op-ed columnist for The New York Times Paul Krugman talked to journalist and author Fareed Zakaria about the current Greek financial crisis' developments. During his interview at CNN’s "Fareed Zakaria GPS," the...

Turkish PM: 'We Are Ready to Help Greece'

"We are ready to help Greece survive its economic crisis with cooperation in tourism, energy, trade," Turkish Prime Minister Ahmet Davutoğlu said on Tuesday in Turkey's capital, Ankara, announcing this way his country's willingness to assist neighboring Greece get...