Calamos Supports Greece

German government

Greece Central Bank Chief Pushes for Bailout Overhaul

According to the Financial Times, Yannis Stournaras, the bank governor of Greece's central bank has called for “a new deal” to help the country cope with the enormous task of reducing fiscal surplus before debt payments which Athens must achieve...

German Finance Minister's Spokesperson Issues Warning on Bailout Prior Actions

The German Finance Minister's Spokesperson Martin Jeager noted during a press conference on Friday that Greece must stick to its bailout commitments in order to unlock additional funding. The Greek government and international creditors have yet to agree on the prior actions Greece...

German President Gauck Mulls Greek Reparations

German President Joachim Gaucksaid that Germany should discuss the WWII reparations issue with Greece. Speaking in an interview published in this Saturday's edition of the Süddeutsche Zeitung, President Gauck expressed understanding for Athens' calls for compensation, saying that Germany should...

German Govt Spokesman: No Feud Between Germany and Greece

German government spokesman Steffen Seibert rejected the talk about a personal dispute between Greece and Germany, noting that Chancellor Angela Merkel's goal is to keep Greece in the Eurozone. He pointed out that the responsibility for finding a solution...

Berlin Wants Greece to Remain Within Previously Agreed Program and Troika in Place

A German document leaked earlier today by Reuters, reveals that Berlin wants Athens' new leftist government to ditch its pre-election anti-austerity promises and remain within the framework of economic policies its predecessors have agreed with the country's international creditors if...

Germany Says No to EU Common Debt

The German government has rejected any notion there should be common debt in the European Union to be shared by its 27 countries. The proposal was said to be a report from EU President Herman Van Rompuy's to be...

IMF Pushing Europe to Ease Greek Burden

The International Monetary Fund, facing discontent among its members about the huge sums it has lent to the euro zone, is pushing the currency bloc's governments to take steps to lighten the burden of the bailout loans they made...