Calamos Supports Greece

Wolfgang Schaeuble

German FinMin Schaeuble Doubtful Over Monday Deal for Greece

German Finance Minister Wolfgang Schaeuble was uncertain over the possibility that Greece and its lenders can reach an agreement by Monday. "I do not think that a Comprehensive Assessment will be submitted to us on Monday, because much time has been lost,"...

German FinMin Hints At Plan B for Greece

According to news agency Reuters, German Finance Minister Wolfgang Schaeuble hinted that Germany might be preparing a Plan B in case the negotiations between Greece and its creditors fail. At a briefing on Saturday, April 25, Schaeuble was asked if...

No 'Plan B' For Greece, Govt Official Says

Greece and its international creditors have not agreed on a "Plan B" in case the country fails to pay the International Monetary Fund (IMF) on time or default, as there is still no agreement over the disbursement of its bailout funds,...

European Officials Have Limited Expectations on Greek Issue Ahead of Eurogroup

The German Finance Ministry is rather skeptical ahead of Friday's Eurogroup in Riga, Latvia, where Greece's proposed reforms list will be examined. According to Finance Minister Wolfgang Schaeuble's spokesperson Martin Jaeger, Berlin has limited expectations from the Riga meeting regarding Greece's...

Russia Denies Report About Signing Gas Pipeline Deal with Greece

Russia has denied a report that it is about to sign a gas pipeline deal with Greece as early as Tuesday. The report came from German magazine Der Spiegel and cited an unnamed Greek government official. The Greek official said that...

Europe Divided Over Manageability of a Grexit

While most economic reports in Europe speak of a Grexit and the minor impact it will have in the Eurozone, German Chancellor Angela Merkel appears to be determined to keep Greece in the common currency bloc. So far, Greece's creditors have...

German Press: 'Greece Might Have to Leave the Eurozone'

Once again, the German press is reporting about Greece’s exit from the Eurozone. The most worrying report came from German newspaper Süddeutsche Zeitung. There will be no solution for Greece’s fiscal problem in the near future, said German Finance Minister Wolfgang Schaeuble, according...

European Commissioner Moscovici: 'No Preparations for Grexit'

The European Union is not laying the groundwork for a Greek exit from the Eurozone, although negotiations are moving too slowly, Economic Affairs Commissioner Pierre Moscovici told French news agency AFP on Thursday. "There are no preparations for a 'Grexit'....

Schaeuble: 'Greek Debt Restructuring Not Up for Discussion'

Another Greek debt restructuring is not currently up for discussion, German Finance Minister Wolfgang Schaeuble said in an interview to Bloomberg TV. While some kind of restructuring might be on the agenda in 10 years, “today the issue for Greece is...

German FinMin Schaeuble: Tsipras' Govt Damaged Improving Greek Economy

German Finance Minister Wolfgang Schaeuble has accused the newly elected Greek leftist-led government for backsliding on reforms and destroying the economic progress achieved by its predecessors. Moreover, the Eurogroup hardliners leader highlighted that no one expects a resolution of the standoff...