Calamos Supports Greece

Wolfgang Schaeuble

German FinMin: Only Reforms can Keep Greece in Euro Zone

"The implementation of tough measures is the only way, since Greece decided to remain in the euro zone," said German Finance Minister Wolfgang Schaeuble. Schaeuble spoke after a meeting of European Union finance ministers (ECOFIN) held in Brussels, saying that,...

Mini Eurogroup on Greek Debt Likely to Convene on Another Date

The cancelled meeting of several euro zone finance ministers with the International Monetary Fund to discuss the Greek debt is likely to take place on another date and place, according to MNI news agency. The report says that the meeting...

The Second Programme Review will Advance Without Concessions on Labor Issues, Gov't Spokesman Says

The IMF insists on a series of reforms that we believe will not contribute to the country's competitiveness, Greek government spokesman Dimitris Tzanakopoulos on Monday said referring to the second programme review. "We will proceed with the second programme review...

Greek Fin Min Urges Euro Zone Peers for Quick Debt Relief

Greek Finance Minister Euclid Tsakalotos urged creditors to agree on debt easing measures before the end of the year in order for the country to come out of the seven-year economic slump. Tsakalotos spoke to The Wall Street Journal, in...

Schaeuble Pours Cold Water Over Greek Hopes of Debt Relief

  Eurozone finance ministers said they could not give a commitment on significant debt relief for Greece before next year’s German elections. Germany's Finance Minister Wolfgang Schaeuble led the bloc of ministers opposed to debt relief for Greece, pouring cold...

Greece Broadly on Track With Fiscal Targets, Says EU's Dombrovskis

Greece is broadly on track to meet fiscal targets for 2016 set by euro zone creditors and its primary surplus goal for next year is also within reach, European Commission Vice President Valdis Dombrovskis said on Monday. Dombrovskis spoke to...

German FinMin: Debt Easing Would Abate Greece's Willingness to Reform

German Finance Minister Wolfgang Schaeuble reiterated his position that Greek debt relief would abate the country's willingness to implement economic reforms. According to a Wall Street Journal report, Schaeuble spoke during a book presentation where he referred to Greece's call...

German FinMin Rejects Greek Debt Relief Talks Before 2018

German Finance Minister Wolfgang Schaeuble acknowledged that Greece has made progress in reforms but, again, he rejected any talk on debt relief before 2018. Despite the Greek government's belief that creditors will negotiate debt easing measures before the end of the...

German FinMin: Greece Must Have Privatization Fund Management in Place by Year End

German Finance Minister Wolfgang Schaeuble said that Greece must have the management of its privatization fund in place by the end of 2016, Reuters reports. Schaeuble spoke in the aftermath of Monday's Eurogroup in Luxembourg, where euro zone finance ministers...

IMF Chief Special Advisor Lipton: IMF Participation in Greek Bailout Only if Debt Conditions Are Met

David Lipton, Special Advisor to the Managing Director of the International Monetary Fund (IMF), was interviewed by German newspaper Süddeutsche Zeitung. During the interview he refuted comments made by German Finance Minister Wolfgang Schaeuble that the IMF would acquiesce...