Calamos Supports Greece

debt

EC Suggests Looser Approach to Capital Controls on New Money

European Commission officials are recommending a change in Greek banking policy to reduce the impact that the imposition of capital controls has had, sources told the Athens News Agency on Thursday. The adoption of a different treatment on existing...

Gov't Sets to Work on Pending Issues: NPLs, Privatization, Contingency Measures

The government is already drafting the bill to close the remainder of open issues prior to Greece's program review before the next Eurogroup on May 24, said government sources following the cabinet meeting headed by leftist SYRIZA Prime Minister...

Jean-Claude Juncker: Greece Has Achieved Reform Goals, Time for Debt Relief

European Commission President Jean-Claude Juncker said that Greece has "basically achieved" the objectives of the reforms required by its eurozone partners and international creditors. During an interview published in the German newspaper Funke Mediengruppe on Sunday, he said the...

Yannis Dragasakis: Course of Public Finances in 2016 Will be Better than Expected

Government Vice President Yiannis Dragasakis estimated that the course of the public finances in 2016 will be better than expected, at an interview to "Kokkino 105.5" radio on Tuesday. Asked on the course of the negotiations with the institutions and...

Lagarde Agrees with Tsakalotos on Return of Negotiators to Greece

The Chief General of the International Monetary Fund has announced the return of the institutions and creditors' representatives to Greece, following several discussions she had with Greek Finance Minister, Euclid Tsakalots and other factors of the negotiation. Lagarde and Tsakalotos have...

Economy Minister George Stathakis Refutes Reports on Greek Debt Sustainability

Economy Minister George Stathakis called "out of place" and "misleading" reports on an alleged "reversal of the Greek government’s position on the debt." According to reports, Stathakis speaking on Tuesday at the Greek-German Business Forum organized by the Economist in...

The Countries With the Highest Public Debt; Greece in Second Place

The World Economic Forum's latest research, published by the Businnes Insider, showed that among the 17 countries with the highest level of government debt, Greece comes in second place. As the study looks at the financial health and risks...

Wikileaks: IMF Threatens to Leave Troika Ahead of Greek 'Disaster'

Wikileaks has revealed a conversation between the two top IMF officials in charge of the Greek debt crisis, Poul Thomsen, head of the IMF’s European department, and Delia Velculescu, IMF mission chief for Greece. The details of the conversation,...

European Parliament Member Roberto Gualtieri Impressed With Greece’s Progress on Reforms, but Rules Out Debt Write-Off

A visit to Greece by European Parliament representatives in order to oversee the “democratic implementation” of the new bailout agreement was completed today, with the head of the group, Mr. Roberto Gualtieri, describing it as “positive and successful.” The mission...

ADEDY to Hold Strike on April 7

The civil servants' union federation (ADEDY), announced on Monday a 24-hour strike against the planned social security reforms which will take place on April 7. ADEDY is also calling all workers to be present at the rally that will take...