Calamos Supports Greece

bailout program

Coalition Waits for Eurogroup Decision Before Presidential Elections

After the Greek coalition established the vote for the 2015 budget, the issue of the presidential election is on the table again. However, the date of the election will depend on the outcome of today's Eurogroup regarding the bailout...

Coalition Looking to Accelerate Procedures for Presidential Elections

The talks between Prime Minister Antonis Samaras and Vice PresidentEvangelos Venizelos at Maximos Mansion ended at around 11:00 a.m. today, but the two men declined to make announcements to the Press. Samaras and Venizelos discussed the negotiations with the...

Troika Insist on Strict Demands

Through an email sent late last night, the troika of international creditors continue to insist on their strict demands and are stalling the final review date. Greece 's latest proposals include raising the value added tax on hotel services to...

SYRIZA Leader Tsipras: We Demand Debt Haircut

If main opposition SYRIZA comes to power in possible snap election next year, it will demand a reduction in Greece's debt from its bailout program, party leader Alexis Tsipras said earlier today during a financial conference in Athens. According to the...

DW: Precautionary Credit Line for Greece May Delay

The Eurogroup has decided to give Greece a 10 million euro precautionary credit line for next year, but only if Athens agrees with the troika over the last tranche before December 8, according to a Frankfurter Allgemeine Zeitung report. The...

Schaeuble: Eurogroup Will Decide Next Greek Credit Line

The Eurogroup on December 8 will discuss conditions under which Greece will get a credit line when the current program expires, German Finance Minster Wolfgang Schaeuble said on Sunday. The Greek coalition government wants to exit the bailout program by...

Europe Wants Troika Review to be Completed by End of 2014

The Euroworking group wants to see negotiations between Greece and the troika end in due time, while Athens is looking for a way out of the negotiations deadlock as time is running out. In today's meetings at Maximos Mansion and...

Greek VP: There May Be a Bailout Program Extension

The meeting between Greek Premier Antonis Samaras and Vice President Evangelos Venizelos at the Maximos Mansion this morning confirms that the Paris talks with the troika have brought the Greek coalition government at an impasse. "Our aim is to have...

Greek PM Meets With Govt VP Ahead of Troika Meeting in Paris

Yet another meeting was held earlier today at the government headquarters between Greece's Prime Minister Antonis Samaras and government Vice President and Foreign Minister Evangelos Venizelos, ahead of the negotiations with Troika representatives tomorrow in "neutral ground," in Paris, France. According to...

Greek Premier Samaras Meets With Govt VP Venizelos

Greek government Vice President Evangelos Venizelos characterized the negotiations with the country's lenders as "rough and challenging" after his meeting with Prime Minister Antonis Samaras. The coalition government partners' meeting focused mainly on the ongoing negotiations with the Troika, ahead of the next Eurogroup...