Calamos Supports Greece

prior actions

Eurogroup Chief Confirms Greece Has Met Prior Actions for Loan Tranche

Eurogroup chief Jeroen Dijsselbloem confirmed that Greece has met all the prior actions that will allow the disbursement of a 7.5 billion euro loan tranche, upon his arrival at a European Stability Mechanism (ESM) board of governors meeting in...

ANEL Junior Government Partner Says Greek Reforms are Unconstitutional

Greek right-wing Independent Greeks (ANEL) leader Panos Kammenos, the junior partner of the leftist SYRIZA government, appeared on TV Presenter George Papadakis' morning show on Friday. He criticized many of the measures voted through in Greek Parliament stating that...

Germany Postpones Release of Loan Tranche to Greece

German Bundestag did not recommend the release of the next loan tranche to Greece by the European Stability Mechanism rescue fund as earlier reports by Reuters had suggested. The German budget committee was supposed to have discussed the release...

Greek Parliament Vote on Prior Actions Bill

After the heated debate the Greek Parliament voted on Sunday on the multi-bill that includes measures demanded by Greece’s lenders to close the first program review as 153 MPs voted in favor, 145 voted against. Speaking in parliament, government ministers described the...

Greece and EU Reach Agreement on 5.4 Billion Euros, Confirms EU Official

Greece and its European creditors have agreed on a basic package of measures worth 5.4 billion euros, confirmed a European official from Brussels on Friday. Greek news site real.gr reports that the official points to an ambitious package of 17...

Draft Bill on Prior Actions Needed for 1-bln-euro Bailout Tranche Tabled in Parliament

A draft omnibus bill legislating for the prior actions and milestones Greece must implement in exchange for a 1.0-billion-euro tranche of bailout loans has been tabled in Greek Parliament, following an agreement reached with Greece's creditors late last week. The...

Greece and Institutions Reach an Agreement on Second Package of Prior Actions, EU Commission Confirms

Greece has come to an agreement with the institutions on the reforms included in the second package of prior actions, European Commission spokeswoman Mina Andreeva confirmed. She added that the implementation of the second package of prior actions, which is...

The Eurozone Reportedly Delays Disbursement of Needed Bailout Funds to Greece

Representatives of the Eurozone's finance ministries were unable to officially approve the disbursement of two billion euros of bailout funds to Greece, as well as of the 10 billion euros for the country's bank recapitalization, during a Euroworking Group meeting in Brussels on Friday. Real.gr cites European officials...

Commissioner Moscovici Welcomes Greek Vote on Prior Actions

European Commissioner for Economic and Financial Affairs, Pierre Moscovici welcomed the Greek parliament’s approval of the prior actions bill in a tweet on Thursday evening, saying it is “another step forward” for the country. “Tonight's vote in Athens is another...

Greek Parliament Legislates Bailout Prior Actions As Government Incurs New Losses

Greece is one step closer to receiving additional bailout funds after the Greek parliament legislated a new set of prior actions on Thursday evening, albeit with a very fragile and newly hampered majority. 153 MPs voted in favor of the...