Calamos Supports Greece

Greek debt

Varoufakis Tells 'Attack Witness' He Might Be Expelled from Greek Government Soon [Video]

A witness to Yanis Varoufakis attack in Athens, said that the Greek Finanace minister informed the crowd of anarchists who attacked him that he is not part of the 'system' thus he won't survive long in Greece's political scene...

A Very European Coup

By Costas Douzinas* This is why Syriza's negotiating strategy has to play to the European gallery and not just to the suits in the conference room. The aim is to persuade people to put pressure on their own governments or change...

Greece: Deal with Creditors or Face Disaster, Bankruptcy and the New Drachma

Within a few weeks, Greece will not be able to pay salaries, pensions and loan obligations to the International Monetary Fund and other lenders, unless a bailout deal is reached.

Greek Government Seeking an Interim Agreement

The Greek government is seeking a solution to its financial dead-end, before its funds run out and while Athens is looking to achieve an Interim Agreement, it maintains its “radio silence” in regards to the critical negotiations. Talks have intensified...

How Much Does Greece Owe?

Greece's debt has grown over the last years and that is why British newspaper The Guardian published the following diagrams in order to determine how much money does Greece owe and to whom. The coming months are crucial for the...

Noam Chomsky: Greek Debt Must Be Written Off, Brussels Are Destroying Greece

His belief that the Greek debt should be written off expressed the internationally acclaimed American scholar Noam Chomsky. As he said, the Greek debt should be written off in the same way the German debt was written off in 1953, just eight...

Schaeuble: 'Greek Debt Restructuring Not Up for Discussion'

Another Greek debt restructuring is not currently up for discussion, German Finance Minister Wolfgang Schaeuble said in an interview to Bloomberg TV. While some kind of restructuring might be on the agenda in 10 years, “today the issue for Greece is...

New Democracy Tables Separate Examination Committee Proposal for 1981-2015 Period

The Greek Parliament voted the SYRIZA-led government's proposal for an examination committee looking into the circumstances surrounding the signing of the country's two memoranda with its international creditors. Out of the 300 Greek MPs, 156 voted in favor of establishing the...

Overdue Greek Tax Debt Rose to 75.732 bln Euros in February

The value of overdue tax debt grew further to 75.732 billion euros in February, of which 2.480 billion were new overdue debt by taxpayers in the January-February period, Greek official figures showed on Tuesday. A report by the Secretariat General...

French Economist Piketty: 'There is a Huge Hypocrisy Towards Greece'

Internationally acclaimed French economist Thomas Piketty says that "several parties have been hypocritical towards Greece." In an interview with the Belgian newspaper L' Echo, the author of The Capital in the 21st Century said that "there is a huge...