Calamos Supports Greece

Greece

IMF Still Undecided Over Future Role in Greece

The International Monetary Fund may still participate in the Greek program and this will become clear on June 21, when there is a Eurogroup meeting, said International Monetary Fund Managing Director Christine Lagarde on Monday. Speaking to reporters after meeting...

Handelsblatt: IMF's Lagarde Offers Eurozone Greek Debt Compromise

A new offer by International Monetary Fund Managing Director Christine Lagarde may get Greece's creditors out of the impasse they are in which will allow for the euro zone to release a tranche of aid, says a Reuters report. Lagarde's...

Tsipras: We are Strengthening Strategic Cooperation Between Greece and China

We are strengthening the strategic cooperation between Greece and China, Prime Minister Alexis Tsipras posted on Twitter upon his arrival to Beijing. "Arriving in Beijing for the Belt And Road Forum, we are strengthening the strategic cooperation between Greece...

Greek PM to Meet With Russian President, IMF Chief in Beijing

Greek Prime Minister Alexis Tsipras is to meet with top officials during his stay in Beijing for the Silk Road Forum (May 14-15), according to Maximos mansion. The forum is to promote Chinese President Xi Jinping's vision of expanding links...

Greek Government Agrees to Hold Discussions with IMF Over Pension Reform

  Tsipras’ Syriza-led government has done more somersaults since it came to power than an acrobatic gymnastics team in Olympic competition. Take for example its stance on the IMF and the so-called Troika in general. First, Tsipras and his lieutenants promised...

Greek PM Tsipras to Participate at World Economic Forum

Greek Prime Minister Alexis Tsipras has decided to participate at the World Economic Forum in Davos-Klosters, Switzerland, in January. The annual meeting of the world's economic elite at the Swiss resort town is to take place January 20-23 and Alexis...

Institutions Review the Greek Proposals

International Monetary Fund Managing Director Christine Lagarde, European Central Bank President Mario Draghi, European Commission President Jean Claude Juncker and Eurogroup President Jeroen Dijsselbleom held a phone conference on Friday to discuss whether the proposals submitted by the Greek...

IMF Chief: Greece Must Reform Before Creditors Restructure Debt

Greece should reform its economy before European creditors restructure its sovereign debt, said International Monetary Fund (IMF) Managing Director Christine Lagarde, a day after the country's default on the Fund. Lagarde spoke to Reuters and hinted her frustration as she said that...

Creditors Finalize Text of Bailout Agreement for Greece

Greece’s international creditors are finalizing the text of a bailout agreement that they will present to Greece, according to a Wall Street Journal report. Top officials from European institutions and the International Monetary Fund have sent a draft of the...

Greece's Lenders Reiterate Objective to Help Greece

After Wednesday's joint statement between Prime Minister Alexis Tsipras and European Commission President Jean-Claude Juncker, Greece's lenders issued a joint statement reiterating their "objective of helping Greece achieve financial stability and growth." This signifies the unlocking of negotiations that have...

Greece Paid 448 mln Euro Tranche to the IMF

Greece paid the 448 million euro tranche to the International Monetary Fund (IMF), senior Finance ministry sources on Thursday said in reply to an ANA-MPA query. International Monetary Fund Managing Director Christine Lagarde confirmed on Thursday that the payment was...

U.S. Asks Greece to 'Fully Commit' to Negotiations

American Under Secretary of the Treasury for International Affairs Nathan Sheets asked Greek Finance Minister Yanis Varoufakis that Greece must "fully commit" to negotiations with creditors so that further financial aid is released to the country. Mr. Varoufakis met with...

Samaras Heading For U.S. Again

Glowing after meeting U.S. President Barack Obama in the White House on Aug. 8 and meeting with Diaspora leaders in New York as part of a visit to the United States, Greek Prime Minister Antonis Samaras is getting ready...

Lagarde Says EU Must Cut Greek Debt

Greek Prime Minister Antonis Samaras' hope that international lenders will yet agree to cut Greece's debt even if it makes them take losses is still alive, at least with International Monetary Fund Managing Director Christine Lagarde, who said Europe...

Lagarde Backs Reforms, Says Revenues Needed

International Monetary Fund Managing Director Christine Lagarde said Greece needs to find ways to generate more cash fast because austerity measures and lifeline loans from its international lenders aren't enough to prop up the economy. Lagarde defended the policy...