Calamos Supports Greece

Greek debt

Former IIF Chief: A Grexit Could Turn into a Bloodbath

Investors are optimistic about the consequences of a possible Grexit, but it can turn into a bloodbath, said Vice President of Partners Group investment firm Charles Dallara. According to a CNBC report, Dallara is worried about the possibility of Greece's...

Russian President Putin: 'Greek Crisis is a European Problem'

As Greece is struggling to reach an agreement with creditors in order to secure financial aid and avoid defaulting on its debt at the end of June, Greek Prime Minister Alexis Tsipras travelled to St. Petersburg, Russia, to attend the International...

Emergency Eurogroup on Monday to Discuss Greek Debt as Default Approaches

An emergency Eurogroup session will be held on Monday before the Eurozone summit scheduled that day in order to discuss the critical Greek issue as the country heads for default on the International Monetary Fund on June 30. Eurozone ministers...

Parliament's Debt Truth Committee Proposes 'Suspension of Payments'

Greece's Parliament president Zoi Konstantopoulou late Thursday released the preliminary report of the Debt Truth Committee and stated that "We have come to the conclusion that the debt is illegal, unlawful, odious, disgraceful and non sustainable. It is of...

Tsipras Promises Solution to Greece's Debt Crisis

Greek Prime Minister Alexis Tsipras said that the efforts his government put toward securing the emergency Euro Summit on Monday has proved to be a "success." Eurozone country leaders announced a Monday summit to resolve Greece's prolonged debt crisis that threatens...

Audit Committee: Greece's Debt 'Illegal, Illegitimate and Odious'

The debt imposed on Greece and its residents by creditors directly infringes the human rights of Greeks and is "illegal, illegitimate and odious," according to the preliminary report issued on Wednesday by the Audit Committee on Public Debt. The Greek Parliament earlier...

Greek Journalists Allegedly 'Trained' by IMF to Present it Favorably

Greek journalists attended seminars funded by the International Monetary Fund in order to present its positions favorably, said Greece's former representative to the IMF Panagiotis Roumeliotis. Roumeliotis testified on Tuesday in front of the special parliamentary committee on the Greek...

Greece’s Partners Must Stop Turning a Blind Eye on Greek Debt

If Greece’s partners continue to turn a blind eye on the country’s debt, this will be bad both for the country and the Eurozone’s credibility, Panagiotis Roumeliotis, Greece’s former representative to the IMF, said in a public hearing before...

Spanish Citizens Send Support Video to Greeks

Spanish citizens have decided to show their support toward Greeks and their struggles by organizing and shooting a video entitled “Auditamos Grecia.” They wanted to send a message: “You are not alone, we are all Greeks.” In the video, Spanish citizens...

Varoufakis Demands Slash to Greek Debt

Greek Finance Minister Yanis Varoufakis said that his country desperately needs some of its debt written off if it is ever to pay anything back. "Only can we guarantee the repayment of as much of our debt as possible...