Calamos Supports Greece

Bloomberg

Greece in 'Pessimist's Guide of 2015'

Bloomberg has asked a number of political analysts, economists, investors and military experts to submit their views on which country is in danger of an upheaval in 2015. The “Pessimist's guide of 2015” includes various countries that faced difficulties in the previous...

The Foreign Press on the Acceleration of the Greek Presidential Vote [Video]

On the acceleration of the procedures for electing the new President of the Hellenic Republic and the market's reaction on the development referred today all major international media, concluding that the early election carries political risks. A Bloomberg report highlighted...

Bloomberg: Greece Will Cover World Shortage of Olive Oil

Good news for Greek olive oil producers as Spanish production is reduced this year, a Bloomber report says. Greece will double olive oil production in order to offset the decrease in Spain. "international olive oil production is expected to drop...

EU Official: Greece Unable to Exit Bailout Without Assistance

Greece will not be able to exit its ongoing bailout program earlier than scheduled without an additional assistance package from its lenders, an unnamed senior European Union official stated according to Reuters. "A completely clean exit is highly unlikely,"...

German FinMin: No Bilateral Agreement on Further Support to Greece

Greece and Germany have not concluded to any new bilateral agreement on further support to Greece after the recent meeting of the Greek Finance Minister, Gikas Hardouvelis, with his German counterpart Wolfgang Schaeuble on Wednesday, clarified the Ministry of...

NBG CEO Optimistic Ahead of Stress Tests

Speaking at a conference of the Greek Institute of Internal Auditions on "Internal control in the middle of developments," National Bank of Greece (NBG) CEO Alexandros Tourkolias revealed that most of the bank's loans are investment loans, spent over...

85% of Economists Say Samaras is Wrong to Demand Early Exit From Memorandum

Antonis Samaras’s plan for Greece to exit its bailout early is crumbling in the face of a vast market unravelling this week. Economists, meanwhile, are in near-unanimous agreement that the Prime Minister's exit strategy is largely to blame. Eighty-five percent of respondents...

President Anastasiades: Cyprus Targets to Exit its Rescue Program Sooner

Cyprus intends to sell debt for a second time this year in order to exit its international rescue program before it was officially planed, Cypriot President Nicos Anastasiades revealed today in an Milan interview, on the sidelines of the...

Greek 10-Year Bond Yields Shoot Up Amid EU Skepticism Over Bailout Exit

Greece’s government bonds declined today, pushing 10-year yields to their highest level since May. The news follows Eurozone finance ministers' purported clash with Greek leaders over their desire to sever a bailout program. The drop pushed the 10-year yield up...

Bloomberg Restates that Greece Should Follow a Bailout Program

Greece’s lenders are insisting that the country remains subject to an economic bailout program, according to financial newspaper Bloomberg, which has cited two anonymous officials. European financial support for Greece is set to expire at the end of 2014, although the...