Calamos Supports Greece

Wolfgang Schaeuble

Greek FinMin: Greece Will Need New Debt Agreement

Greece will need a new international agreement on the debt in order to meet nearly 11.5 billion euros in obligations between June and August, and without an agreement past the four-month extension of the current fiscal program this payment...

Schaeuble: If Greece Doesn't Keep its Commitments it Will Have to Face the Consequences

German Finance Minister Wolfgang Schaeuble told German TV station ZDF that what he is interested in is the commitments of the Greek side. “If they do not keep them, they will have to face the consequences,” he said referring...

Dijsselbloem: Greece Needs to Implement Reforms Immediately

Eurogroup President Jeroen Dijsselbloem sent a message to the new Greek government stating that it should start implementing reforms before the completion of negotiations, so that the country will be able to disburse 7.2 billion euros in March. “My message...

Double Hit for Greece

The man who knows the Eurozone’s economic situation better than anyone, Thomas Wieser -- the Austrian Euro Working Group chairman -- has repeatedly stood by Athens helping to reach compromise solutions during difficult times. Thomas Wieser noted that the public...

Greek State Minister: ERT Bill May be Tabled in Parliament Next Week

The maturing IMF bonds will be covered, Greek State Minister Nikos Pappas said on Friday. He said that the government and the partners have the political will to find a solution and noted that the possibility of extending what...

German Parliament Approves Greek Bailout Program Extension

The German Federal Parliament approved Greece’s bailout program extension with 542 votes in favor, 32 votes against and 13 abstentions. German Social Democrats (SPD) member Axel Schafer condemned BILD’s anti-Greek campaign in front of the German Parliament, holding yesterday's front...

German Media: Greece Likely to Sign 3rd Bailout

Greece is about to take out a new 30-billion-euro loan for two years and sign a third bailout agreement by June, according to German news agency MNI. The report cites a European Union official who revealed that discussions for a...

German Parliament to Vote for Greek Program on Friday Amid Schaeuble's New Threats

The Bundestag (Germany's Federal Parliament) will vote on the extension of Greece's loan agreement four-month extension on Friday, Christian Democratic Union (CDU) parliamentary representative Michael Grosse-Broemer announced earlier today. Grosse-Broemer appeared confident that the voting will result to a "widespread...

Greek Deputy FinMin: €11 Bln Fiscal Gap by June

Just days after Greece's agreement with its European loan partners, government officials express concerns that there will be fiscal gaps in the 2015 budget and a need for further aid. A few hours earlier, German Finance Minister Wolfgang Schaeuble made the...

German FinMin Schaeuble Still Doubts Greece's Plan

German Finance Minister Wolfgang Schaeuble gave an interview on Wednesday February 25 stating that it was not easy for the Eurozone finance ministers to reach an agreement with Greece regarding a four-month extension to the bailout program. Furthermore, he...