Calamos Supports Greece

Euroworking Group

Greece Close to Completing Prerequisites for €2.8 Bln Loan Tranche

Greece is expected to complete the prerequisites for the second bailout program review within the next week, said creditors' representatives on Thursday's Euroworking Group, according to a Kathimerini newspaper report. If all goes well, the October 10 Eurogroup will give...

EFSF's Regling: 'The Greek Program Will Not Proceed Without the IMF'

Two of the most powerful men in the Eurozone, Klaus Regling, head of the EFSF and ESM and Thomas Wieser, head of EuroWorking Group, believe that the third Greek bailout program will only work with the participation of the...

Greek Gov't Reaches Agreement With Creditors, Negotiations Over

The discussion between Athens and the creditors is expected to come to an end on Saturday, December 12, when the new multi-bill will be submitted to Greek Parliament. The bill will include the 13 prerequisites that will green-light the...

FinMin Tsakalotos: Greek Programme on the Right Track

Greek Finance Minister Euclid Tsakalotos said that the Greek programme is moving in the right direction adding that the government will continue the hard work. Upon his arrival to the Ecofin meeting in Brussels on Tuesday, Tsakalotos stressed that the...

ESM Approves 2 Billion Euro Disbursment to Greece

The European Stability Mechanism's (ESM) Board of Directors authorized the disbursement of 2 billion euros to Greece, following the country’s completion of the first set of prior actions as demanded by creditors. In the ESM's announcement it is mentioned...

The Eurozone Reportedly Delays Disbursement of Needed Bailout Funds to Greece

Representatives of the Eurozone's finance ministries were unable to officially approve the disbursement of two billion euros of bailout funds to Greece, as well as of the 10 billion euros for the country's bank recapitalization, during a Euroworking Group meeting in Brussels on Friday. Real.gr cites European officials...

Greece Unlikely to Get 2 Bln Euro Bailout Installment on Tuesday

Tuesday's Eurowoking Group is unlikely to approve the release of a two billion euro bailout tranche to Greece, real.gr reports citing sources close to the ongoing negotiations. The Greek government and its international creditors were unable to bridge the differences that separate...

Eurozone Οfficials Οptimistic Οver Νegotiations Βetween Greece and Ιnstitutions

A positive climate prevails among senior officials of the euro zone over the negotiations taking place in Athens with the view to reaching an agreement between institutions and Greek authorities. Eurogroup president Jeroen Dijsselbloem welcomed the "good progress" achieved in...

European Commission Warns that Bailout Progress Report Must Precede Euroworking Group

European Commission spokesperson Mina Andreeva declared on Friday that a EuroWorking Group must convene early next week to green-light the disbursement of the two billion euro bailout installment to the Greek Government, as well as the 10 billion euros that...

Greek PM: Agreements on Reforms to be Made During the Week

Greek Prime Minister Alexis Tsipras claimed that the Greek government will legislate all the necessary prior actions that will greenlight the disbursement of the additional bailout funds to Greece at this upcoming Monday's Euroworking Group. The Eurozone's finance ministers decided on...