Calamos Supports Greece

Wolfgang Schaeuble

German FinMin Schaeuble: 'There Will Be No Quick Bailout Deal'

German Finance Minister Wolfgang Schaeuble stated that there will be no “quick bailout deal,” regardless of the Greek referendum result on Sunday, July 5. Greeks are called to vote on whether their government should accept the creditors’ bailout program that includes...

Schaeuble: Greece Will Remain in Euro Even if Greeks Vote No on Sunday

In a private meeting with lawmakers in Berlin on Tuesday, German Finance minister Wolfgang Schaeuble informed those present that Greece would remain in the Eurozone "for the time being" even if Greek voters turn down the bailout package proposed by the...

German FinMin: It's Up to Greece to Avoid Bankruptcy and Grexit

German Finance Minister Wolfgang Schaeuble said on Monday that it is up to Greece to avoid a Grexit and bankruptcy, adding that the country’s partners are always willing to return to the negotiating table. Speaking to “Brennpunkt” talk show on...

German Finance Chief Dismisses New Greek Proposals

German Finance Minister Wolfgang Schaeuble is dismissing the most recent Greek proposals for more bailout money. Schaeuble said today that Greece's proposed conditions “are only increasing taxes, only increasing contributions. Schaeuble implied time is short: “The 30th of June is the...

Schaeuble: 'Germany Is Preparing For Grexit'

During a parliamentary hearing in Berlin, Finance Minister Wolfgang Schaeuble said that Germany is initiating emergency plans in case Greece fails to reach an agreement with creditors on the release of new bailout funds by June 30, Brendan Greeley revealed on “Bloomberg Surveillance." According to members who...

German FinMin Schaeuble: 'Things With Greece Are Still Complicated'

Talks between Athens and its international creditors over a profitable bailout plan that will keep Greece from potential bankruptcy and an exit from the euro are still at a stalemate, German Finance Minister Wolfgang Schaeuble said during a conference organized by...

FinMin Varoufakis: Greece Wants a Deal-Solution

"The Greek government wants a deal-solution. It wants this one to be the final negotiation," Finance Minister Yanis Varoufakis said in an interview with ANA-MPA and expressed the view that European leaders can reach a deal in a few...

EU-Athens: Attempting to Bridge the Gap

Away from the limelight and the media, Greek Alternate Foreign Minister for International Economic Relations Euclid Tsakalotos and Greek State Minister Nikos Pappas attempted to bridge the gap between Greece and its creditors, and pave the way for the...

Varoufakis – Schaeuble Meeting Ends With No Concessions

There were no concessions during the meeting between Greek Finance Minister Yanis Varoufakis and his German counterpart Wolfgang Schaeuble, which took place today, June 8, in Berlin. The German Finance Ministry announced that there would be no press conference after...

Die Welt: The Greek Issue Ruins Merkel’s Summit Agenda

The Greek issue is ruining German Chancellor Angela Merkel’s agenda at the G7 meeting in the Bavarian Alps, German newspaper Die Welt reported on Sunday. Merkel wanted to “Merkelize” the world at the G7 meeting, but her plan to close the...