Calamos Supports Greece

Greek debt

5th Year of Greek Crisis: An Economic Strategy For Greece

In the 5th year of the Greek economic crisis, Greece has good fiscal news as it continues to build a primary surplus, but for debt, reforms and unemployment it has made only limited progress.

ESM: EU, IMF "In No Mood" for Greek Debt Haircut

European Stability Mechanism (ESM) Managing Director Klaus Regling stated to Greek newspaper "Realnews" that Greece’s international lenders are “not in the mood” to consider a debt haircut. "There is no political mood in the EU or the IMF for a Greek...

Hardouvelis: Greece Will Take Emergency Loans to Exit Bailout

Greek Finance Minister Gikas Hardouvelis talked to Bloomberg TV’s Guy Johnson on Friday and stated that Greece is likely to resort to emergency loans in 2015 and 2016 in order to exit from the terms of its bailout. "The IMF doesn’t want to lend alone;...

IMF: No Meeting on Greek Debt in Washington in November

The International Monetary Fund (IMF) will continue with Greece's program even after the completion of its European partners' participation in it, IMF deputy spokesman William Murray said on Thursday. Speaking to reporters, the Fund’s spokesman said that no meeting to...

Eurogroup to Discuss Greek Program at Milan Meeting

The Eurogroup meeting to be held on Friday in Milan will discuss the progress in the implementation of the Greek program following the Paris discussions. It takes place ahead of the Troika's arrival in Greece, later in September, a senior...

IMF Calls for New Meeting-Troika Talks Concluded With No Agreement

A meeting on the settlement of the Greek debt will take place in Washington on November 14 and 15, according to government sources. Troika representatives, the Greek side and possibly other interested parties will participate in the meeting, which is...

Dijsselbloem: Greece's Main Problems are Unemploment and High Debt

High debt and unemployment are the most important problems that the Greek economy is facing, Eurogroup President Jeroen Dijsselbloem told the Economic and Monetary Affairs Committee of the European Parliament on Thursday. Dijsselbloem had good things to say about Greece during...

Moody's: Greece in Debt Doldrums

Greece is only one of several countries whose shaky finances leave them on the brink of being unable to repay their obligations. Moody's currently rates 10 other countries' debt as equally or even more risky than that of Argentina....

Mapping the Greek Debt

An analysis of Greek debt sustainability by economists Darvas, Sapir and Wolff depicts precisely to whom Greece has to repay its debts. According to official data by the European Union statistical office (EUROSTAT) and the Bank of Greece (BoG), Greece...

Mussolini's Villa de Vecchi in Rhodes for Sale

The Hellenic Republic Assets Development Fund (HRADF), responsible for raising money from state property sales to reduce debt, is pitching the abandoned Villa de Vecchi on the Greek island of Rhodes, which had been the holiday home of Italian dictator...