Calamos Supports Greece

bailout agreement

Greek Government Arrears Repayment of 1.1 Billion Euros in July

According to figures released by the Bank of Greece (BoG) and the General Accounting Office on Thursday, the Greek government has deposited 1.1 billion euros back into the Greek market. The payment in arrears went, for the most part, to...

Tsipras: NO Does Not Mean Rupture With Europe

After a week of continuous developments in Greece and abroad, Greek Prime Minister Alexis Tsipras addressed the nation on Wednesday, just a few hours before the planned Eurogroup, and spoke in favor of voting NO in Sunday's referendum. Tsipras confirmed that...

Mikis Theodorakis Criticizes Alexis Tsipras' Policy on Bailout Deal

Mikis Theodorakis criticized the new government of Alexis Tsipras on the new bailout agreement saying that it is a continuation of austerity. The internationally-known composer is an emblematic figure of the Greek Left and had criticized the new government debt...

Samaras, Juncker Discuss Greek Bailout Exit Plan

On Thursday, Greek Prime Minister Antonis Samaras and incoming European Commission President Jean-Claude Juncker discussed Greece's proposal for exiting the loan program and the pending troika review. The discussion took place on the sidelines of a European Union summit...

FT Unfolds Story Behind Eurozone Crisis, Merkel in Tears

In a series of stories, London's Financial Times unfolds the proceedings following the former Greek Prime Minister George Papandreou's decision to call a national referendum in 2011 on the bailout package imposed on Greece by the EU and the IMF,...

As Greece Passes Bailout Bill, Debt Talks To Continue

The approval in the early hours of Monday morning by Greece's parliament of the critical omnibus reform bill needed to release a delayed €10.5 billion instalment from international lenders means the sustainability of Greece’s debt hinges upon a new cycle of negotiations. Beyond gearing up for...

Merkel Threatens Greece With European Court of Justice

Addressing a Social Democratic Union meeting in Berlin yesterday, Chancellor Angela Merkel clarified that Greece is legally bound to stick to the already signed bailout agreements, and reminded the Greek parties that no alteration in the terms and conditions...