Calamos Supports Greece

Delia Velculescu

IMF's 'Iron Lady' in Greece to Move On

  The head of the IMF team in Greece, Romanian economist Delia Velculescu, is to leave her post after three years in the job, local media reported on Friday. Velculescu is to be replaced by Peter Dolman, a U.S. official who has...

IMF's Velculescu Says Debt Relief Measures Must be Specified; Gov't Must Implement Reforms

International Monetary Fund's Greece mission chief Delia Velculescu said on Wednesday talks among Greece's creditors to specify the debt relief measures which will be offered to Greece must be completed soon. Speaking at an Economist conference in southern Athens, Velculescu...

IMF Report on Greece Shows Contingency Fiscal Measures are Unavoidable

The International Monetary Fund report on the progress of the Greek economy in 2016 and in subsequent years shows that contingency fiscal measures will be necessary for the country to reach its bailout program targets. According to the final document...

Two IMF Reports Not Positive for Greece

Board members of the International Monetary Fund on Tuesday received two reports on Greece that are not very positive about the country's economy, a mignatiou.com report says. The reports will be discussed at a special board meeting the first week...

IMF Report: Pension Reductions, Tax and Labor Changes Needed

The International Monetary Fund (IMF) Greek Head Delia Velculescu held a conference call with reporters on Friday. She stated that Greece’s growth outlook remains weak, and pointed to further deep reforms necessary. She also said that debt relief from...

IMF Rep Velculescu: Greek Reforms are Toxically One-Sided in Class Structure

International Monetary Fund Representative Delia Velculescu met with the leadership of the General Confederation of Greek Workers (GSEE) at the Bank of Greece (BoG) building. The meeting, called by Velculescu ran for one and a half hours and took place...

IMF's Delia Velculescu to Return to Athens on Sept. 12

The head of the International Monetary Fund (IMF) mission in Greece, Delia Velculescu, is expected to return to Athens in mid-September, possibly on September 12, IMF spokesman Gerry Rice said during a press briefing on Thursday. He said the...

Delia Velculescu: IMF Wants Greek Debt Sustainability, Μeasures Aren't Enough

International Monetary Fund (IMF) representative Delia Velculescu said that Greek debt is not sustainable, during her address at the Economist Conference in Athens. "Greece needs substantial debt relief," she said, adding that the IMF is participating in discussions and...

IMF Chief: Talks With Greece in 'Good Faith,' But Figures 'Need to Add Up'

International Monetary Fund Managing Director Christine Lagarde said she intends to negotiate "in good faith" with Greece, despite recent acrimonious comments by the Greek side. The comments against the IMF came after the alleged leaks of a conversation between the...

Tsipras Complains to IMF Chief Over Greek Debt Wikileaks

Greek Prime Minister Alexis Tsipras wrote a letter of complaint to International Monetary Fund Managing Director Christine Lagarde over the alleged leaks of a conversation between two of the organization’s senior officials on Greece's bailout. WikiLeaks made public an alleged...