Calamos Supports Greece

Greek bailout

German FinMin Schaeuble: 'Things With Greece Are Still Complicated'

Talks between Athens and its international creditors over a profitable bailout plan that will keep Greece from potential bankruptcy and an exit from the euro are still at a stalemate, German Finance Minister Wolfgang Schaeuble said during a conference organized by...

51.5% of Greeks Worry About Potential Grexit

As crisis-stricken Greece is struggling to break the deadlock in negotiations with its international creditors over a profitable bailout program, the sneaky war of uncertainty about the country's future in the Eurozone holds good. A potential Greek withdrawal from the Eurozone...

WSJ Foresees Elections and Third Memorandum for Greece

If Greece wants to avoid bankruptcy, an agreement must be reached in the next few days, writers in the Wall Street Journal (WSJ) estimated, noting that the Greek government and institutions may have to wait until winter to "seal" a third...

Obama and Merkel Call on Greece to Make Tough Choices as Time Is Running Out

U.S. President Barack Obama expressed his support on Monday regarding all tough political decisions and choices that will allow the Greek government to secure a vital bailout deal in order to remain in the Eurozone and return to growth and prosperity. After...

Obama and Merkel Stress the Need for Greek Reforms

U.S. President Barack Obama visited Krün, Germany, on his way to the G7 summit, where he was greeted by alpine horns and men in traditional lederhosen attire. He met with German Chancellor Angela Merkel and discussed about the recent developments regarding the Greek...

Greek Govt Rejects Institutions' Plan Once Again

Despite the growing pressure to obey to its creditors' demands, Greece is determined to take a harsh stance toward Europe, and rejected the institutions' recent proposals on a default-saving loan agreement once again today. According to an informal briefing from the Greek side on...

One-Third Of Large Investors Foresee Grexit

One-third of large investors predict a Greek exit from the euro currency as talks between Greece's government and international creditors over the much-needed €7.2-billion bailout package have reached a deadlock, according to a Financial Times report. In a recent poll carried out by Swiss investment group GAM...

The Necessary Compromise In Greek Bailout Negotiations

In the beginning of 2015, Greeks elected Syriza hoping for a negotiation deal with Greece's lenders that will not include more austerity. Today still there is no deal and Greece's future remains unknown.

Greek PM Tsipras Rejects Creditors' Suggestions for Austerity after Meeting EC President Juncker

EC President Juncker received Greek Prime Minister Tsipras today at 20:30 CET to discuss the state of play in the negotiations between Greece and its international partners. The private meeting, on the personal invitation of President Juncker, was followed...

Austria has Earned More than €100 Mln in Interest from Greek Bailout

Austria has received 101.73 million euros in interest on loans given to Greece under the first Greek bailout program, according to figures released by the Austrian Finance Ministry, the country's press agency APA said on Tuesday. This is the amount...