Calamos Supports Greece

Greek debt

Greek FinMin: There's No Plan B, Only Armageddon

Greek Finance Minister Yanis Varoufakis told The Guardian that Greece has no Plan B if negotiations with its creditors fail. "We constantly hear, 'if you don’t sign on the dotted line there is going to be Armageddon'. My answer is...

Game of Words: Never Say The 'M-Word' in Greece

As Greece 's negotiations with Europe over the state debt continue and with Monday's crucial Eurogroup looming, there is an air of optimism blowing in Greece. An optimism mixed with defiance and pride. On Wednesday, thousands of Greeks across...

Most Germans Want Greece in the Euro Zone

The majority of German citizens would like to see Greece remain in the euro zone, an attitude that has changed over the last three years. A new poll conducted for German public television ARD shows that 51 percent of respondents...

EU Summit: Glimmer of Hope as Greece, Lenders Seem Closer to Agreement

A glimpse of hope arose in the European Summit as Greece and its partners appeared to find some common ground for a "bridge agreement" between the debt-ridden country and its international lenders. The Greek government agreed to hold talks with...

Foreign Media Reports on Greece-Eurogroup Debate

German media noted that the atmosphere in the emergency Eurogroup meeting on February 11 was hostile but also modest, while most international news agencies state that there is hope that Europe and Greece will come to an agreement in...

Athens Exchange Up 5% Despite Lack of Eurogroup Agreement

The lack of agreement between Greece and its European partners in yesterday's Eurogroup did not affect the opening of the Athens Stock Exchange. The General Index was green from the beginning, with profits gradually multiplying. At 1:49 p.m., the index...

Eurogroup: Progress Without Agreement for Greece

At an extraordinary meeting on February 11 the Eurogroup discussed the situation in Greece, in particular the way forward considering the upcoming expiry of Greece's current economic adjustment program. Greece's lender's want the country to continue on the path of...

Deputy FinMin: Greece's Debt Rose to 185% of GDP in 2014

Greece's public debt increased to 185% of GDP in 2014, Deputy Finance Minister Dimitris Mardas said in a press briefing on Wednesday, presenting figures from the state's General Accounting Office. He expressed his concern over the debt's upward trend, stressing that it...

Critical Dates that Will Determine Greece's Future

The discussion regarding the new Greek government program will close, after the parliament vote of confidence process which will take place today, February 10 at midnight. Meanwhile, media and public attention is focusing on the outcome of negotiations with EU...

Financial Advisory Lazard: 'Troika Is Wrong About Greece'

Shortly after taking office as the next Greek Finance Minister, Yianis Varoufakis requested the help of financial advisory Lazard in order to deal with the negotiations regarding Greece’s public debt which has reached 176% of GDP. Matthieu Pigasse, head of...