Calamos Supports Greece

BlackRock

BlackRock Postpones Indefinitely €300 Mln Investment Project in Greece

BlackRock has indefinitely postponed an investment project in Athens; that is estimated at 300 million euros, due to continuous hurdles put forth by leftist groups and bureaucracy. Since 2007, BlackRock, one of the largest investment management companies globally, has been...

BlackRock: Greek Economy is Resurgent, Investments Unlocked

Global investment management corporation BlackRock has issued an upbeat analysis on a series of the continent’s nations — including the one that has grappled with some of its biggest problems: Greece. The asset manager describes the country as “resurgent”, and...

BlackRock: Greece is Most Likely to go Bankrupt

According to BlackRock's quarterly Sovereign Risk Index that shows which countries face the highest risk of default, Greece was among the countries most likely to go bankrupt. The last three months (April-May-June) favored developed markets such as Belgium and the UK, which rose...

American Investors Betting On Greece

American investors are joining others from around the world betting on a Greek recovery, and in the meantime are buying up bonds and investing, picking up profits from interest rates before they go down. The news agency Bloomberg said they...

Samaras N.Y. Meeting With Dimon Opened Bond Market Door

Greece's successful, if cautious, return to the bond markets this month was the result of a secret, carefully-crafted meeting Prime Minister Antonis Samaras had in New York with investors, brokered by noted Greek-American financier Jamie Dimon, Chief Executive of...

Greek Real Estate Market Still on Downward Slope

The Greek real estate market is still on a downward slope due to the lack of demand, the decline in people’s revenues and the overbearing tax burdens. In particular, Eurostat reveals that the Greek real estate market experienced the second-biggest...

Greece’s Central Bank Chief: Banks Are Well Capitalised

Greece's lenders have enough bailout funds to cover any bad loans that may blight balance sheets in the future, according to the country's central bank. George Provopoulos, the governor of the Bank of Greece, was referring to revelations yet to...

Greek Banks Confident About New Stress Tests

Auditors from the American-based multinational investment management corporation BlackRock, Inc. are expected this week to finalize the methodology they will use in their new stress tests for Greek banks, following their recent recapitalization. The methodology - that is the projections...