Calamos Supports Greece

German Parliament

Greece's Final Bailout Installment Approved by German Lawmakers

On Wednesday German lawmakers approved the last bailout installment for Greece totaling 15 billion euros. The vote took place at a special sitting of the German Parliament that was in session during the parliamentary summer break. Germany's approval comes just weeks after...

German Parliament Approves €8.5 Billion Loan to Greece

The €8.5 billion tranche for Greece has been approved by the competent committee of the German Parliament, based on the Eurogroup agreement. Germany today gave a green light to the disbursement of the next installment to Greece. In the closed...

Germany will Recommend Release of Loan Tranche to Greece

Germany will recommend that the European Stability Mechanism rescue fund releases the next loan tranche to Greece, according to a Reuters report. Reuters says that on Wednesday it has seen a letter by German Deputy Finance Minister Jens Spahn sent...

German Parliament Approves Greek Bailout Deal Negotiations

The German Parliament authorized the German government on Friday to engage in negotiations for a European Stability Mechanism bailout program for Greece. 439 lawmakers voted Yes, 119 voted No and 40 abstained. 50 lawmakers from German Chancellor Angela Merkel’s CDU/CSU coalition...

Merkel: No Quick Solution for Greece, Europe Fails if Euro Fails

Greece has a long path to tread, because there is no quick solution to the debt problem, but everything can be achieved if there is unity in Europe, German Chancellor Angela Merkel said. Speaking to the German Parliament ahead of...

German Parliament Approves Greek Bailout Program Extension

The German Federal Parliament approved Greece’s bailout program extension with 542 votes in favor, 32 votes against and 13 abstentions. German Social Democrats (SPD) member Axel Schafer condemned BILD’s anti-Greek campaign in front of the German Parliament, holding yesterday's front...

German Chancellor and French President: Greece Must Remain in the Eurozone

German Chancellor Angela Merkel and French President Francois Hollande, just a few hours ahead of the Eurogroup meeting being currently held in Brussels in order to strike an agreement over the Greek program, expressed their firm belief that Greece is...

German Parliament Offers Scholarships to Greeks

The German Parliament, within the framework of the International Parliamentary Scholarships (IPS) program, is giving the chance to 120 graduates from Greece, Turkey and Cyprus to participate in events, seminars and internships in the Parliament. The IPS program is carried out each year...

Merkel Puts Her 2 Cents In

The phrase “not a cent for the Greeks” referred to the case that the Greeks did not intend to implement the reforms, German Chancellor Angela Merkel said in the German Parliament in response to the leader of the socialist...

German Parliament Backs Cyprus Bailout

Germany's lower House of Parliament voted overwhelmingly on April 18 to grant Cyprus a 10 billion euros ($13 billion) bailout to keep the island country's economy and banking system from collapsing because of bad loans and over exposure to...