Calamos Supports Greece

Eurogroup

Artist Makes Poster of Varoufakis, Merkel 'Showdown'

Following the appearance of photoshopped images of Greek Finance Minister Yanis Varoufakis in social media, it was only a matter of time before graphic artists would take a shot at presenting the rising tension between the new Greek government...

Eurogroup President: Greece and EU Should Stop Threatening

A message to both negotiating sides attempted to send a few hours ahead of today's critical meeting in Brussels the President of the Eurogroup, Jeroen Dijsselbloem. Addressing both Athens and other European Union member-states, Dijsselbloem highlighted that they "should...

Greece Ready to Clash with Euro Zone Finance Ministers

"If you're not willing to even consider a clash, you're not negotiating," Greek Finance Minister Yanis Varoufakis told the Greek parliament on Tuesday. The statement was made after the House gave the new government a vote of confidence and ahead...

Thousands of Greeks to Rally for their Dignity

Demonstration rallies will be held in all major cities across Greece in support of Finance Minister Yanis Varoufakis in today's crucial emergency meeting of euro zone finance ministers in Brussels. The rallies will take place at 6 p.m. today under...

The First Greek Leftist Gov't Secures Parliamentary Vote of Confidence Ahead of Critical Eurogroup

Yet another historic event occurred tonight in the Greek Parliament, where the SYRIZA-led coalition government, the first leftist government in the history of Greece, secured its first parliamentary vote of confidence after the January 25 snap elections. The newly...

Greek FinMin Varoufakis: Greece is Entering the Post-Bailout Era

Greek Finance Minister Yanis Varoufakis, while addressing the Parliament, declared that Greece is on the brink of the post-bailout era and also fixes the mistakes that caused the country's depression. "With tonight's vote of confidence, Greece is entering the 'post-bailout' era,"...

European Commission: 'Low Expectations for a Final Agreement at the Eurogroup'

There are low expectations that any final agreement will be reached at the Eurogroup on Wednesday, European Commission spokeswoman Mina Andreeva said on Tuesday. "We have low expectations that any final agreement will be reached tomorrow or at the European...

Schaeuble Pours Cold Water on Market Expectations for a Greek Deal

Media reports citing a six-month extension of the Greek program generated a lightning quick denial by German Finance Minister Wolfgang Schaeuble, who spoke after the G-20 meeting in Istanbul today. According to Bloomberg, Schaeuble said such reports are “false.” A plan...

British FinMin: Danger of 'Very Bad Outcome' Between Greece and Euro Zone

British Finance Minister George Osborne late on Monday spoke of the increasing danger of a miscalculation leading to a "very bad outcome" between Greece and the euro zone, Bloomberg reports. Speaking in an interview with Bloomberg Television, the British official...

Obama: I Look Forward to Merkel's Assessment of Greece (Video)

https://www.youtube.com/watch?v=Zt8kAJmq6ww US President Barack Obama said he looks forward to German Chancellor Angela Merkel's appraisal of the financial situation in Greece as well as the ways to achieve growth. At a joint press conference, after a meeting held between the...