Calamos Supports Greece

Euro Working Group

Creditors Give Greece Six Days to Present Full List of Proposals

Greece's creditors have given Athens six or seven days to present a comprehensive list of measures and reforms in order to prepare for the April 24th Eurogroup which will decide if the 7.2 billion euros of financial aid will...

Greek FinMin Varoufakis to Meet IMF Managing Director Lagarde

Greece’s outspoken Finance Minister Yanis Varoufakis will meet with the International Monetary Fund (IMF) Managing Director Christine Lagarde in Washington on April 5. The two officials are expected to hold an informal discussion regarding the Greek government’s reforms list. According...

Greek Deputy Finance Minister Mardas: We Are Ready to Pay IMF on April 9

Greek Deputy Finance Minister Dimitris Mardas  expressed his optimism today that Greece will be able to repay a loan tranche of 450 million euros to the International Monetary Fund (IMF), ruling out scenarios that the country will run out...

EU: No Disbursement of Funds to Greece Before Agreement

While the Greek government is optimistic that creditors will release part of the tranche of financial aid before the Greek Orthodox Easter (April 12), Euro Working Group sources in Brussels say that this is impossible. Athens expects that the two...

April 8-9: Two Crucial Days for Greece

April 8-9 are two crucial days for Greece: On April 8 the Euro Working Group will convene to review the list of proposals sent by the finance ministry and on April 9 Athens has a 448-million-euro payment due to...

Reuters: Greece Will Run Out of Money on April 9

The Greek government has reportedly warned its international creditors it will run out of money on April 9, if no new funds are made available before that date, regardless of an agreement reached over the proposed reforms list, Reuters...

EU Officials Say Greek Reforms List 'Theoretical' and 'Arbitrary'

The list of proposed reforms the Greek government submitted to the Euro Working Group in order to close the fifth review is lacking in legislative actions or technical methods that would help achieve the objectives stated, a real.gr report...

Euro Working Group Teleconference on Greece Produces No Decisions

With no significant decisions, as expected, concluded the Euro Working Group (EWG) teleconference about Greece. According to a Eurozone source the discussion between the single currency's Deputy Finance Ministers lasted less than two hours and the member states' representatives...

Emergency Eurogroup to be Held Next Wednesday to Discuss Greece

An emergency meeting of the Eurozone member-states’ Finance Ministers is possible to be held next Wednesday, February 11, in Brussels in order to discuss the developments regarding the Greek program. The Eurogroup meeting, to be held on the eve...

Four Important Meetings That Will Determine the Greek Evaluation

Four important meetings will precede the Troika's new evaluation of the Greek economy, which will probably take place in the last ten days of September. The first is the European Council special meeting scheduled for next Saturday, followed by a...