Calamos Supports Greece

Jeroen Dijsselbloem

Greek and Eurozone Officials Leak that Eurogroup Reaches an Agreement

The nineteen Eurozone Finance Ministers appear to have reached an agreement at the Eurogroup meeting being held now in Brussels. The agreed drafted outline will form the basis for keeping liquidity flowing to Greece, while extending the country’s bailout...

Greek FinMin Varoufakis: We Can't Accept the Fiscal Adjustment Signed by the Previous Govt

Greek Finance Minister Yanis Varoufakis is currently holding the third and most crucial of a series of meetings with his Eurozone counterparts in Brussels in an attempt to strike a deal regarding the future of the Greek program. The talks...

Greek PM Tsipras – German Chancellor Merkel Hold 'Constructive' Telephone Conversation

A constructive fifty-minute telephone conversation between the Greek Prime Minister Alexis Tsipras and the German Chancellor Angela Merkel was held on Thursday afternoon, only a few hours ahead of today’s crucial Eurogroup meeting in Brussels. According to a Greek...

Read the Greek Loan Agreement Six-Month Extension Request Letter

Earlier today, Greek Finance Minister Yanis Varoufakis sent a letter to Eurogroup President Jeroen Dijsselbloem, explaining Greece's proposals and reasoning for the continuation of the country's loan agreement. Germany's immediate rejection of the Greek proposal has widened the gap...

Semantics Important in Greece's Bailout Extension Compromise

Greece submitted today its proposal to euro zone partners requesting a six-month extension to the existing loan agreement. However, the phrasing is of much importance to the Greek government. Prime Minister Alexis Tsipras has spoken of an "honest compromise." Athens...

Greek PM Tsipras: We Want a Solution, Not Rift

In three weeks we did not manage to overcome our problems, "although the citizens no longer feel the scorn and irritation," Greek Prime Minister Alexis Tsipras highlighted in his opening speech addressing SYRIZA's Parliamentary Group earlier today. Tsipras reiterated that the Greek...

Varoufakis: Europe Cannot Ask Us to Implement a Failed Program

Greece is and will continue to remain in the Eurozone and the Eurozone is indivisible, Greek Finance Minister Yanis Varoufakis said on Monday evening, following a meeting of the Eurogroup in Brussels. Speaking at a press conference, Varoufakis expressed optimism...

Eurogroup Talks on Greek Bailout Program Collapse

Without an agreement between the Greek government and the country's European partners concluded a few minutes before 8:00 pm the critical Eurogroup held today in Brussels. The Greek side has characterized the Eurogroup draft statement as "unacceptable" and...

Greek Government Non-Paper on the Negotiations with the Country's Creditors

Ten points of political and technical content were outlined in a Greek government non-paper on Friday that assessed the latest negotiations with the country's creditors as positive and defined the direction of the work that will be carried out before...

Dijsselbloem Pessimistic Over Negotiations with Greece

Eurogroup head Jeroen Dijsselbloem expressed concern over the negotiations between the Greek government and Greece’s European partners, according to ANP reports. In an article published today, the Dutch news agency underlines that Greece has many demands, but the real problem...