Calamos Supports Greece

Financial Times

FT: The Greek Government Defies Troika

For the first time, The Financial Times noticed a shift in Greece’s stance against troika since the beginning of the rescue program. Greece appeared tougher after submitting the 2014 budget without the approval of the lenders and "has become...

FT: Grexit or Bankruptcy for Greece Within the Next 4 Years

The Financial Times made a shocking prediction concerning Greece. While analyzing the sustainability plan of the German government that derived from the coalition between Angela Merkel with the Social Democrats. The newspaper wrote that within the next four years,...

British Financial Times: Greece Turning into “Weimar Republic”

Greece’s regime is day by day transforming with a slow but steady rhythm, to the next “Weimar Republic” according to the British Financial Times, concerning Greece’s situation. Aristides Hatzis, Associate Professor of University of Athens, in a detailed article in...

Troika Questions Samaras

Representatives of the Troika told Financial Times that there will be new austerity measures under the new bailout despite Samaras’ statements in Brussels. Meanwhile, on his return from Brussels, Samaras stressed that,''We cannot take any other measures." The Troika representatives underlined...

Financial Times: Greeks are Losing their Homes

The Troika is expected to arrive in Greece and the government is seeking a compromise as the end of the foreclosure ban for the first homes looms, the Financial Times writes in its editorial. The title of the article is...

Greek Jobless Rate Big News

Just a few minutes after the announcement of the Hellenic Statistical Authority concerning the new record jobless rate of 27.6 percent in Greece for May, the Financial Times published an article entitled Unemployment in Greece Continues to Gallop detailing...

WSJ, NYT on Greek Bailout

After successive reports from Brussels and the International Monetary Fund (IMF) about the course of Greece’s rescue program, the newspapers Wall Street Journal, New York Times and Financial Times came to publish articles against the program that the Troika...

Hold the Phone on Grexit

On July 21, the Financial Times published an article about Greece entitled,  A Grexit is starting to look more feasible for Athens-For Greece to reform and not default makes sense only from Berlin’s perspective. In this article, Wolfgang Münchau describes...

Cypriot Depositors Take Money Out By Sea

With up to 80 percent of their bank accounts being confiscated by the government and tight capital controls preventing access to the rest, Cypriot depositors are trying all kinds of means to take their money off the island, including...

World Media Says Cyprus Still Uncertain

If Cyprus' government is breathing some relief that it has relented to demands from international lenders to confiscate bank accounts to trigger a 10 billion euros ($13 billion) the international press believes that the country's future is still bleak. The...