Calamos Supports Greece

Greek debt

Alexis Tsipras May Follow in Andreas Papandreou's Footsteps

Alexis Tsipras will either prove to be a new Hugo Chávez or a reformist like Former Brazilian President Lula, noted the Financial Times in an article regarding the Greek elections, pointing out that a key question is whether the...

Greece Needs to Repay its Debt; Restructuring Talks Possible

The new Greek government which will be formed within the next few days will have to respect its commitments and repay the debt that is owed to Eurozone taxpayers. However, Benoît Coeuré, ECB official noted on Monday, that a...

Greek Debt: Are There Really Any Options?

By Gregory T. Papanikos* Germany has sent the message that a Greek exit from the eurozone might be the lesser of two evils. It has been interpreted as a warning to the Greek electorate ahead of its January 25 election...

Merkel-Renzi: We Believe There Will Be a Solution to the Greek Problem

German Chancellor Angela Merkel and Italian Prime Minister Matteo Renzi expressed confidence that the problems of Greece will be resolved within the European Union confines, regardless of who wins Sunday's elections. The two heads of state had an official meeting...

Australian Economists Urge for Greek Debt Forgiveness

The political uncertainty that has spread over Greece will hopefully come to an end on Sunday, January 25 after the elections. According to the latest polls, the leftist party SYRIZA is in the lead and will likely have the...

Greek Public Debt at 176% of GDP in Q3 2014

According to data released by Eurostat, the Greek public debt increased to 176% of the country’s GDP during the third quarter of 2014, from 171% in the same quarter of 2013. Public debt within the Eurozone stood, on average, at...

La Repubblica: The Troika Saved the Banks, Not the Greek People

To the Greek banking system ended up more than 90% of the bailout loans given to Greece, while less than 10% ended in those really in need; the people of Greece, Italian newspaper La Repubblica argued in a direct...

SYRIZA Candidate Varoufakis' Comments Cause Greek PM Samaras' Reaction

In an article entitled "Greece can force Europe to change," the online edition of French financial newspaper La Tribune hosted an interview with economist and SYRIZA parliamentary candidate in Athens' second electoral constituency, Giannis Varoufakis, who underlined that the...

SYRIZA MP Dragasakis: We Will Not Accept the February 28 Deadline

A SYRIZA government in Greece will demand time to serve democracy, therefore the party will decline the February 28 deadline, when the Greek support program expires, said earlier today SYRIZA MP and parliamentary candidate Giannis Dragasakis. During an interview with...

Brussels to Greece: Forget Debt Haircut

A haircut on the Greek debt capital will not be discussed, said several EU executives, including Prime Minister of Finland Alexander Stubb, according to a report in real.gr. "There is no political will among euro zone member states for debt...