Calamos Supports Greece

Jean Claude Juncker

European Commission: 'Low Expectations for a Final Agreement at the Eurogroup'

There are low expectations that any final agreement will be reached at the Eurogroup on Wednesday, European Commission spokeswoman Mina Andreeva said on Tuesday. "We have low expectations that any final agreement will be reached tomorrow or at the European...

Greek FinMin Varoufakis Presents the '10 Reforms Proposal' Amid Grexit Concerns

The end of the crisis will not come if Greece says yet another "yes" to the program. If the drug was bitter but effective we would have taken it, but the drug is "toxic" and even the doctor knows...

EC Commission President: Euro Zone Will Not Accept Tsipras' Plan

European Commission President Jean-Claude Juncker on Monday advised Greece's new Prime Minister Alexis Tsipras not to promise too much to Greek people because the euro zone will not accept his proposals. In the aftermath of Tsipras' announcement of the new...

European Parliament President Warns Greece Over National Bankruptcy

European Parliament President Martin Schulz warned the Greek government it must retain its commitments towards the country's international creditors and European partners, as in a different case Greece will face the risk of national bankruptcy. According to Reuters, during an interview with...

Greek PM Tsipras: We'll Find a Solution Within EU Law

Greece respects European Union rules and procedures and will find a solution to the debt problem within the framework of EU law, Greek Prime Minister Alexis Tsipras said on Wednesday after talks with top EU officials in Brussels. However, the...

Juncker: Greek People's Democratic Will Should be Taken Into Account

European Commission President Jean-Claude Juncker on Tuesday said the expression of the Greek people’s democratic will should be taken into account and congratulated the Greek people on "their courage." In his address in the annual meeting of the European Parliament and...

German Govt: No to Troika's Abolition in Greece

Berlin appears firmly negative to any one-sided changes regarding Greece's bailout program, German Finance Minister Wolfgang Schaeuble highlighted while addressing the Reuters Euro Zone Summit earlier today. Schaeuble's statements come just a few days ahead of the upcoming first tet-a-tet...

British Chancellor of the Exchequer: Greece-Eurozone Clash a Threat for Global Economy

British Chancellor of the Exchequer and Second Lord of the Treasury George Osborne, in a London meeting with Greek Finance Minister Giannis Varoufakis earlier today, underlined that a potential clash between the Greek government and the Eurozone poses a...

European Commission Seeks Alternatives to Replace Troika

President of the European Commission Jean-Claude Juncker is seeking alternatives to replace the troika of Greece's international creditors, a Handelsblatt report says. According to the German financial newspaper, the European Commission is looking to abolish the troika of representatives of the EC,...

Greece May Reach Agreement with Creditors Very Soon, Gov't VP Says

A political agreement with Greece 's international lenders may be reached very soon, Greek Government Vice-President Yiannis Dragasakis said on Sunday night, speaking to private television station Mega. A political agreement will render the request for a technical extension of...