Calamos Supports Greece

Wolfgang Schaeuble

Greece and Europe Ready for Compromise, Not Armageddon

Greek Finance Minister Yanis Varoufakis sounded optimistic over tomorrow's Eurogroup in his interview to the Sunday edition of newspaper "Kathimerini." A solution "will be found even at the last minute," he said. Speaking of Greece's European loan partners and their willingness...

Foreign Media Reports on Greece-Eurogroup Debate

German media noted that the atmosphere in the emergency Eurogroup meeting on February 11 was hostile but also modest, while most international news agencies state that there is hope that Europe and Greece will come to an agreement in...

Eurogroup Backstage: The Official Statement that Never Was

The Greek government vetoed the joint statement of euro zone finance ministers after Wednesday's inconclusive talks on Greece's bailout in Brussels, according to a Financial Times report. According to officials involved in the talks, Greek Finance Minister Yanis Varoufakis had...

Thousands of Pro-Government Demonstrators Rally in Front of Greek Parliament

For yet another afternoon and despite the freezing cold and the light snow falling since yesterday, more that 10,000 Athenians gathered in front of the Greek Parliament at Syntagma Square in downtown Athens to express their support to the Greek...

Schaeuble: Greek Program Will be Implemented by the Troika, Which we Obviously Can’t Call Troika Anymore

German Finance Minister Wolfgang Schaeuble generated his own “tongue-in-cheek” moment on Wednesday, telling reporters that the “Troika will continue implementing the Greek program, which we obviously won’t be able to call Troika anymore.” The quip emanates from the new Greek government’s...

Greece Ready to Clash with Euro Zone Finance Ministers

"If you're not willing to even consider a clash, you're not negotiating," Greek Finance Minister Yanis Varoufakis told the Greek parliament on Tuesday. The statement was made after the House gave the new government a vote of confidence and ahead...

Schaeuble Pours Cold Water on Market Expectations for a Greek Deal

Media reports citing a six-month extension of the Greek program generated a lightning quick denial by German Finance Minister Wolfgang Schaeuble, who spoke after the G-20 meeting in Istanbul today. According to Bloomberg, Schaeuble said such reports are “false.” A plan...

Greek FinMin Varoufakis Presents the '10 Reforms Proposal' Amid Grexit Concerns

The end of the crisis will not come if Greece says yet another "yes" to the program. If the drug was bitter but effective we would have taken it, but the drug is "toxic" and even the doctor knows...

Athens Left With No Allies

Eighteen of the nineteen Eurozone member states and the European Commission are asking Greece to play by the European rules and request a bailout program extension, thus providing enough time to discuss the future of the country's relationship with...

Germany Dismisses Greece's Proposal for Bridge Funding

Germany on Thursday dismissed Greece’s request for bridge funding that would give the country three months to negotiate new bailout terms, insisting that the newly-elected government must meet the requirements tied to its agreed program. German Finance Minister Wolfgang Schaeuble...