Calamos Supports Greece

Troika

Merkel Tells Critics to Get Off Greece's Back

German Chancellor Angela Merkel, who has been insisting on harsh austerity measures for Greece in return for international bailout loans, has warned politicians in her ruling coalition to lay off criticism about Greece’s efforts to right its struggling economy. That...

German Media Says Greek Spats Cracking Merkel's Coalition

Just days after German Chancellor Angela Merkel heard Greek Prime Minister Antonis Samaras' plans to make another $14.16 billion in cuts and impose more of the austerity measures she and international lenders have demanded, German media said she's feeling...

Time Magazine Says Samaras is Troika's Darling

It might not be the compliment he'd like, with Greeks furious he's going to impose more austerity measures and critics saying he has kow-towed to international lenders, but the American news magazine Time says that Greek Prime Minister Antonis...

Troika Will Keep Greece Twisting 'Til October

With Greek Prime Minister Antonis Samaras desperate to keep the country’s debt-laden economy from going under, he won’t get a report from international lenders on how reforms are progressing until October, when the last installment of a first series...

Hollande Tells Samaras to Wait for Troika Report

After being put on hold by German Chancellor Angela Merkel over his hope Greece could get a two-year delay to administer more reforms and austerity measures demanded by international lenders, Greek Prime Minister Antonis Samaras has been told by...

Samaras Says Greece Needs Air: Merkel Keeps Him On Ice

German Chancellor Angela Merkel told visiting Greek Prime Minister Antonis Samaras that she will wait until a report late in September from international lenders before deciding whether Greece is meeting reform targets and should keep getting rescue loans or...

“Mr. Samaras, Please Sign This Guarantee Letter,” Asks Bild

One of Germany's most popular tabloid newspapers, Bild, interviewed Greek Prime Minister Antonis Samaras and asked him to sign a letter of guarantee that Greece will pay back its international loans, most of which come from Germany. That came...

Merkel, Hollande Give Samaras Both Barrels

Greek Prime Minister Antonis Samaras won’t be getting any sympathetic ears in Berlin and Paris where he’s hoping to persuade German Chancellor Angela Merkel and French President Francois Hollande to give Greece two more years to impose more austerity...

"Special Salaries" of Greece's Privileged Could be Cut

With the uneasy coalition government of New Democracy Prime Minister Antonis Samaras hunting high and low to find $14.16 billion in cuts demanded by international lenders, the administration is going after some hitherto-protected sacred cows and is planning to...

Juncker Wants Greece in Eurozone But No Reassurances

With growing indications that Greece may have to make even deeper cuts than the $14.16 billion demanded by international lenders, Eurozone chief Jean-Claude Juncker told Prime Minister Antonis Samaras that Greece should stay in the economic bloc, but said...