Calamos Supports Greece

Wolfgang Schaeuble

German Fin Min Supports Greece's Bailout Program

German Finance Minister Wolfgang Schaeuble said on Monday that he supports Greece's new bailout program and he will urge his fellow lawmakers to vote in favor on Wednesday's Bundestag ballot. Schaeuble, who has previously been skeptical over Greece's willingness to...

German FinMin: Aid Program for Greece Is 'An Opportunity'

German Finance Minister Wolfgang Schaeuble appeared cautiously optimistic about the aid program approved for Greece on Friday, describing it as "an opportunity" that must be used. "We will have to wait and see," the Minister told journalists during a press...

Survey Shows Germans Do Not Believe in Greek Bailout Deal

German financial newspaper Handelsblatt conducted a survey on the Greek bailout deal that yielded results demonstrating negative perceptions from German citizens toward the deal. The Greek Parliament ratified the third bailout deal with international creditors on Friday morning. The Eurogroup will convene later...

German FinMin's Hawkish Stance Toward Greece Continues

German Finance Ministry officials requested further clarification on the bailout draft agreement between Greece and its creditors, since there is "no clarity on the direction of policies," according to the German government. The three issues that mainly concern Germany, according to German Finance Minister...

Varoufakis: Greek Bailout Deal Will Fail

In an interview to BBC, former Greek Finance Minister Yanis Varoufakis expressed his disbelief in the potential of the bailout deal that Greece agreed with international creditors on Tuesday. "Ask anyone who knows anything about Greece's finances and they will tell you this...

Germany Poses Threat to Greece's Bailout Agreement

Germany poses a potential threat to Greece's bailout agreement as the cash-strapped country rushes to complete it in order to get disbursement of funds before August 20. German Chancellor Angela Merkel faces resistance from within her party to hold a...

Varoufakis: Spain is Next to Drown in Debt After Greece

Greece's former finance minister Yanis Varoufakis said that the third bailout creditors offered was really meant to drown Greece in debt in order to divert attention from other EU problems. Varoufakis spoke to Spain's El Pais and claimed that the reforms...

Greek Restaurant in Berlin Serves Dishes Inspired by the Crisis

A Greek restaurant owner in Berlin, Germany, launched a limited edition menu based on the Greek crisis. Georgios Chrissidi, owner of Restaurant Z, came up with the ingenious idea that will help lighten the spirit of people in the...

Varoufakis: 'Greece Will Never Get the New Loan'

Former Greek Finance Minister Yanis Varoufakis claimed that Greece will never get the new bailout loan and that Prime Minister Alexis Tsipras offered him another Ministry after he resigned. Varoufakis spoke to the Official Monetary and Financial Institutions Forum (OMFIF) on July...

German FinMin Was Reportedly Willing to Pay Greece €50 bln for Grexit

German Finance Minister Wolfgang Schaeuble was willing to offer Greece 50 billion euros to exit the Eurozone, according to Heard in Europe, a blog of EurActiv. Heard in Europe cites a “high level official” who recently talked with Schaeuble. A French journal called...