Calamos Supports Greece

Draghi

ECB's Draghi Wants Debt Relief for Greece, States Concern

European Central Bank Chief Maria Draghi expressed concern about the sustainability of the Greek debt and said that assessment on the debt was necessary before Greece could participate in the Quantitative Easing Program. "Discussions on the sustainability of the...

Yanis Varoufakis 'Bomb': Deal With Tsipras to Threaten Lenders With Grexit [Video]

New independent AthensLive , the crowdfunded and alternative media outlet, scored its first large scoop in a guerrilla interview with former Finance Minister Yanis Varoufakis. In his talk, he commented on some of his experiences with the leadership of...

Tsipras Will Meet ECB’s Asmussen

Alexis Tsipras, leader of Greece's major opposition party the Coalition of the Radical Left (SYRIZA) which is opposed to international bailouts and the austerity measures that come with them, is due to meet European Central Bank (ECB) Executive Committee...

ECB's Draghi: No Greek Debt Cut

European Central Bank (ECB) President Mario Draghi has jumped on the no-debt-cut-for-Greece bandwagon being driven by German Chancellor Angela Merkel whos said Athens will have to pay back all it owes to international lenders even though many analysts believe...

Madame Merkel's Rule Goes Viral

The Moscow Times depicted the crisis in Cyprus and the Eurozone with the image of a faux Renaissance painting with all the major protagonists, with the focus on German Chancellor Angela Merkel dressed as a tavern woman. The picture...

Despite Aid, Greek Eurozone Exit Fears Live

Greek Prime Minister Antonis Samaras' claim that the country's chances of being forced out of the Eurozone are dead may have been exaggerated. That's according to some economists, led by doomsayer Nouriel Roubini predicting there's still trouble ahead. Samaras convinced...

Slow Growth Seen For Greece, Spain and Portugal

Economists - who've often been wrong trying to gauge what would happen in Greece - see molasses-slow recovery gradually returning later this year as well as in debt-wracked Spain and Portugal, even though all three countries face rough sledding...

Eurozone Finally OK's Greek Debt Deal

After 12 hours of talks – and a third meeting – Eurozone finance ministers finally reached an early morning deal on Nov. 27 to relieve Greece’s crushing debt and pave the way for the release of $57 billion in...

Papoulias Tells Troika to Stop "Merciless Lashing"

As talks between Greece’s coalition government and international lenders over a plan to cut $14.6 billion in spending remained stalled, and anger and unrest were growing, President Karolos Papoulias said the country has suffered enough and urged an end...

Samaras Says Greece Needs Cash – Fast

Greek Prime Minister Antonis Samaras, still trying to convince reluctant partners in his uneasy coalition government to renege on their campaign pledge and agree to $14.16 billion in spending cuts aimed primarily at workers, pensioners and the poor, said...