Calamos Supports Greece

Greek program

S&P Says Successful Implementation of Greek Program Could Lead to Credit Rating Upgrade

Greece's credit rating could be upgraded to B, from CCC+ after completion of a first review of the Greek economic adjustment program, disbursement of loans according to a ESM schedule and probably combined with an ECB decision to begin...

Pavlopoulos Meets Draghi, Says Greece's Partners Must Also Fulfill Promises on Debt

Upon concluding the review of the Greek program, Greece's partners must also live up to their end of the bargain, both in terms of debt relief and in the way the European Central Bank approached Greek bonds and the...

Greek Economy to Return to Positive Growth Rates in 2016

A timely completion of the first review of the Greek program and a dynamic implementation of a privatization program, combined with a new development law by the government will help the economy to respond positively later this year and...

ESM Could Further Improve the Economic Conditions of the Greek Program

Member states will monitor the implementation of reforms by Greece and decide whether to enter into discussions on further debt relief, the general director of the European Stability Mechanism (ESM) Klaus Regling said during a conversation with MEPs of...

German Media: The Last Offer to Greece

German media today are mainly focusing on the meeting between German Chancellor Angela Merkel, French President Francois Hollande, ECB President Mario Draghi, European Commission President Jean-Claude Juncker and IMF director Christine Lagarde, in Berlin. The German newspapers Die Welt, Die...

Greek Radio Program Airing Live For Decades

The Greek program, airing live on SBS Radio for many years in an effort to keep the Greek-Australian community informed, is one of the longest running shows and the first radio program to be heard in a foreign language, since SBS's debut...

Greek Government Denies Scenarios Over FinMin Varoufakis Resignation

German newspaper Bild published a report today regarding scenarios over Greece's outspoken Finance Minister Yanis Varoufakis' resignation, which has been strongly denied by government officials. As cited by Reuters, the two unnamed officials have said that "none of this...

European Parliament President: We Will Have an Agreement on Greece this Week

European Parliament President Martin Schulz claimed there will be an agreement over the Greek bailout issue within this week, while he made a plea to put an end to the speculation against the single currency and end the ongoing negotiations. As he...

German Chancellor Merkel Examines the Model of Cyprus As a Solution for Greece

The model of Cyprus might be the best solution for Greece in order to force the government's implementation of the structural reforms it has already agreed to with the country’s creditors. This is what the German magazine Der Spiegel...

German Chancellor Merkel Believes the Eurozone Can Bear a Grexit But Fears Instability

German Chancellor Angela Merkel believes the Eurozone can bear a possible Grexit but worries about geopolitics, German senior officials said, according to Euro Insight. Europe’s Iron Lady appears determined to prevent Greece’s exit from the single currency by accident,...