Calamos Supports Greece

Angela Merkel

Steinbrüeck Wants Merkel To Back Off Greece

German Chancellor Angela Merkel's rival in this year's election, former finance minister Peer Steinbrueck said she should relent on her tough stance on continuing austerity measures for Greece in return for continued international aid and give the country's leaders...

Merkel Rival Says Greece Needs Time

Former German finance minister Peer Steinbrueck, who is challenging German Chancellor Angela Merkel’s re-election bid this year, said her insistence on austerity measures for Greece in return for international aid is too harsh and that the country needs more...

Greek Police Arrest Two In Terror Group

With political violence and crime rising, Greek police said they have arrested two of four suspects that authorities believe robbed a bank and post office and said they are wanted members of a domestic terrorist group. The suspects, whose names...

Germany Seeks Austerity Advice from Greece

Even as German Chancellor Angela Merkel continues to pound for pay cuts tax hikes and slashed pensions as the answer to Greece’s economic problems, some German officials are planning to visit Athens to find out how the austerity she...

Despite Aid, Greek Eurozone Exit Fears Live

Greek Prime Minister Antonis Samaras' claim that the country's chances of being forced out of the Eurozone are dead may have been exaggerated. That's according to some economists, led by doomsayer Nouriel Roubini predicting there's still trouble ahead. Samaras convinced...

Troika Puts More Greek Austerity in Limbo

Just a day after International Monetary Fund (IMF) officials said they would push more austerity measures on Greece, they’ve joined the other two of the country’s lenders, the European Union and European Central Bank, in saying there will be...

Cypus Denies Money Laundering Hub

Cyprus, awaiting big international bailouts as for its banks to be saved after suffering huge losses when the Greek government imposed big hits on holders of Greek bonds, is not a hub for money laundering, Finance Minister Vassos Shiarly...

Schaeuble Will Meet Tsipras in Berlin

Alexis Tsipras, leader of Greece’s major opposition party Coalition of the Radical Left (SYRIZA) is scheduled to meet German Finance Minister Wolfgang Schaeuble on Jan. 14, officials said. Scheuble, after conferring with the Greek government, agreed to meet Tsipras,...

Dallara Says Greece To Return to Markets

Institute of International Finance (IIF) Managing Director Charles Dallara, who was the negotiator for private investors when a previous Greek government imposed 74 percent losses on them, said he believes Greece will return to private markets sooner than expected. Dallara...

Samaras Meets Merkel in Berlin

In Berlin for the second time since he took office last June, Greek Prime Minister Antonis Samaras reported to German Chancellor Angela Merkel on his country’s progress in administering reforms and imposing the austerity measures international lenders demanded in...