Calamos Supports Greece

bailout programme

Greek Debt Viability Trajectory Worse than Expected

The sustainability of the Greek debt over time is one of the major issues tackled by world economists and a new report by the EU Commission shows that it's projected trajectory is worse than originally calculated. The report by the...

HSBC: Greece's Bailout Exit Plausible, Clean Exit Less So

Greece may be able to exit the bailout programme established by international lenders as soon as this year, banking giant HSBC has said, adding that a clean exit is less clear. The country last year regained access to capital markets,...

Central Bank Proposes Post-Bailout Support Programme for Greece

Bank of Greece governor Yannis Stournaras, is worried about a potential gap in Greece's funding after the country's apparent exit from the existing bailout programme. The bank published a report on Thursday, saying that the country's foreign creditors need to...

ESM Chief Says Greece May Need Less Credit than Expected

The head of the eurozone's European Stability Mechanism (ESM) bailout fund told a German newspaper that Greece was making good progress with its reform drive and it may not need as much credit as previously planned. "We are pleased that...

Yet Again, Merkel Rules out a Greek Debt "Haircut"

Speaking to German media, Chancellor Angela Merkel, once more, ruled-out a haircut of the Greek debt. She said that under no circumstances could there be a new "classic haircut" of Greek debt, similar to what happened with the PSI. "A debt...

European Commission Growth Forecast for Greece in 2017 Roughly 2%

As part of a quarterly assessment of the European market, the European Commission will be releasing its forecast for growth and macro-economic performance. Greece's growth forecast for this year is revised to around 2%, down from 2.7% previously an...

Moscovici: Greek Economy to Grow by 2.7% in 2017 if Reforms Implemented

The European Commission forecasts that the Greek economy will return to growth in the second half of the year and could grow by 2.7% in 2017 on the condition that the country implements vital reforms agreed in a bailout...