Calamos Supports Greece

Wolfgang Schaeuble

Eurozone Pushes Back Greek Debt Relief

Greece's hopes for a quick answer on a debt relief request from 240 billion euros ($330.7 billion) owed international lenders for two bailouts were dashed when Eurozone finance ministers said it wouldn't even be considered until after the summer. Finance...

Schaeuble: No Haircut in Greece But New Bailout Possible

The reports of Greece's return to life may be greatly exaggerated. Despite the impending release of a long-delayed 8.3 billion euro installment from international lenders and a primary surplus of as much as 2.5 billion euros, Greece may yet need...

EU Splits Up Greek Bailout Loan

Greece won't be getting its long overdue next installment from international lenders all at once but in three parts, Eurozone finance ministers meeting in Athens have decided. Jeroen Dijsselbloem, the Dutch finance minister heads the group of 18 countries that...

Merkel Rules Out More Greek Aid

German Chancellor Angela Merkel, whose country is the biggest contributor to $325 billion in two bailouts to save Greece, has ruled out a third, although Prime Minister Antonis Samaras said that with a 1.5 billion euro ($2.05 billion) primary...

Germany Says No Greek Haircut

The German Finance Ministry, rejecting a report in the news magazine Der Spiegel that said Germany was readying a third bailout package for Greece, reiterated that there is no chance of debt relief and that Greece will have to...

German Document Reveals New Greek Aid Package

German magazine " Der Spiegel" reported on Saturday that Germany is preparing a new aid package for Greece . According to a five-page document of the German Finance Ministry presented in the magazine the new package will be in...

WSJ: Secret Meeting Held on Greece

According to a publication by the U.S. newspaper Wall Street Journal, Greece’s creditors seem to be deeply concerned about the rhythm in which the Greek structural reforms are being put through by the government. The article published late on Friday reveals...

Schaeuble Glad didn’t have Greek-Style Cuts at Home

Germany's finance minister said Friday he was glad he did not have to implement the sort of painful austerity drive imposed on Greece in his own country. Speaking at the World Economic Forum in the Swiss ski resort of Davos,...

Schaeuble: 'Europe Won't Abandon Greece'

German Finance Minister Wolfgang Schaeuble stated on Monday that Europe won't abandon the Greek people and that the assumption of the EU presidency is a great opportunity for the country. According to the German politician, the EU presidency will offer Greece...

Stournaras Sees Troika Deal Coming

Despite a breakdown in talks with international lenders over delayed reforms and how to fill a big hole in the 2014 budget, Greek Finance Minister Yannis Stournaras said he expects they will release a one billion euro ($1.37 billion)...