Calamos Supports Greece

Greek debt

Euro Zone Agrees to Give Greece €10.3 Bln Loan Tranche Under Conditions

Euro zone finance ministers early Wednesday morning agreed in principle to disburse 10.3 billion euros on condition that Greece corrects some pending issues in the bailout program. After an 11-hour long Eurogroup meeting in Brussels that was completed at 3...

Watch Eurogroup Meeting Conclusions at Press Conference [Live Streaming]

The Eurogroup meeting on Greece's bailout is currently taking place. It is hoped that Greece's creditors will approve the country's reform efforts following a new batch of austerity measures voted by Greek Parliament over the weekend. A press conference...

Greek Debt to be Discussed at G7 Summit in Japan

The Greek debt will be discussed during the G7 Summit in Japan, as the differences between European creditors and the International Monetary Fund remain. The IMF insists that there should be a generous relief on the Greek debt so it...

U.S. Treasury Secretary Urges Europe for Flexibility on Greece's Debt

U.S. Treasury Secretary Jack Lew urged European creditors to show flexibility in talks with Greece about how to make the country's sovereign debt more sustainable. Lew made the comments in a meeting with Jeroen Dijsselbloem, head of the euro zone...

Words vs. Debt: Save Greece By Using Greek Words [Video]

The Greek language, one of the oldest European languages, has an oral tradition of 4,000 years and a written tradition of 3,000 years. Naturally, with so much history, the Greek language has influenced so many others. Based on the...

Schaeuble Rules Out New Debt Crisis for Greece

  German Finance Minister Wolfgang Schaeuble ruled out another financial crisis for Greece. Speaking ahead of the Group of Seven finance ministers meeting with central bankers in Sendai, northern Japan, Schaeuble said on Thursday that he was confident that the Eurogroup of...

German Fin Min Rejects IMF Proposal on Greece's Debt Repayment

German Finance Minister Wolfgang Schaeuble reportedly rejects the International Monetary Fund proposal in which Greece would freeze loan and interest repayments until 2040. Schaeuble told German newspaper Süddeutsche Zeitung that he will not allow that as long as he is...

IMF Proposes Greece Makes No Debt Repayments Until 2040

The International Monetary Fund has proposed that Greece should not make any loan repayments to the euro zone until 2040, a Wall Street Journal report says. The Fund proposes that Athens should be excused from paying interest and principal for...

Tsipras Aims at Support of European State Leaders on Greek Debt

Prime Minister Alexis Tsipras aims at the support of socialist European state leaders on the issues of the Greek debt and the bailout program review. The Greek debt will be discussed in Rome, on Saturday, at the meeting of European...

State Minister Pappas Optimistic an Agreement Can be Reached on May 24

Greek State Minister Nikos Pappas expressed his content over the outcome of the meetings with US government leadership in Washington while speaking on an ERT public broadcast. "The meetings with the leadership of the US government proved that all sides are...