Calamos Supports Greece

eurogroup meeting

Greek Government Spox: Negotiations With Institutions Will Continue Until Agreement

Negotiations between the Greek government and the institutions will continue until a political agreement is achieved on issues where the two sides diverge, government spokesman Dimitris Tzanakopoulos said at a regular press briefing on Tuesday. "Negotiations concluded at the Hilton...

Institutions Leave Athens With Many Critical Issues Unresolved

Today Greek officials reported that talks between foreign envoys representing the institutions of the latest bailout review and Greek government concluded without the parties reaching a concrete agreement regarding the fiscal gap, non-performing loans (NPLS), energy and other fiscal...

Eurogroup in Favor of a Precautionary Credit Line to Help Greece

The Finance Ministers participating at the Eurogroup met yesterday in Brussels and discussed the current economic situation prevailing in the Eurozone. They also discussed the scenarios of Greece exiting its bailout program. The Eurogroup finance ministers discussed the follow-up to...

Dijsselbloem: EU Is Willing to Help Greece

Arriving at the opening of the Eurogroup meeting on Thursday, in which Greece’s next day after the memorandum exit will be tabled, Jeroen Dijsselbloem declared that it is Europe’s will to assist Greece. “After Greece completes, in a satisfactory way,...

Eurogroup Gives 'Green Light' on €6.3 Billion Installment

The members of the Eurogroup Working Group have given the ‘green light’ for a massive €6.3 billion installment of Greece’s bailout package during their meeting in Brussels Thursday noon, providing some of the first positive feedback in view of...

Lagarde on Greece: "Not Over Till the Fat Lady Sings"

International Monetary Fund Managing Director Christine Lagarde said on Friday it is important that a crucial Eurogroup meeting next week on Greece forges a deal that will put the insolvent country΄s economy on sustainable path — though differences remain...

No Eurozone Decision on Greek Aid Yet

Eurozone finance ministers will not decide at the Eurogroup meeting later on Nov. 12 in Brussels whether to disburse a badly needed 31.5 billion euros ($38.8 billion) loan tranche to Greece, German Finance Ministry spokeswoman Marianne Kothe said. “We expect...

Austerity Talks to Continue, Progress Seen

Greece and its European Union and International Monetary Fund creditors made progress on talks on a 13.5 billion-euro package of austerity measures for the next two years and said negotiations would continue next week. Finance Minister Yannis Stournaras told reporters...