Calamos Supports Greece

Greek public debt

IMF: Economy of Greece to Bounce Back Significantly in 2022

The economy of Greece is projected to grow by 5.4 per cent in 2022, the International Monetary Fund (IMF) said.

ECB’s Draghi: IMF’s Participation in the Greek Program Is ‘Highly Desirable’

The participation of the International Monetary Fund (IMF) in Greece’s economic program is “highly desirable” as the organization has the expertise to assist in aid programs, European Central Bank President Mario Draghi told SYRIZA MEP Stelios Kouloglou in a...

Greek Public Debt Rises to 312.8 Bln Euros in Late June

Greece’s central government debt rose by 100 million euros to 312.8 billion euros at the end of June this year, compared to 312.7 billion at the end of March, Greek Finance Ministry data released on Wednesday showed. The state’s cash...

Greece in Need of 6.55 Billion Euros by June

Greece's need to serve its public debt are detailed in a document issued by the Public Debt Management Agency (PDMA), which was submitted earlier this week to the Greek Parliament. According to the document, the country's needs for March,...

Greek FinMin: 'Troika's Methods Resemble CIA's Waterboarding'

Greek Finance Minister Yanis Varoufakis insists that a debt haircut is the best option for Greece. In an interview with German news magazine "Der Spiegel" he attacked the Troika using harsh words and even went as far as comparing...

Former Greek PM Simitis: Austerity Policies of the North Led to the European Crisis

His opinion that Europe has lost the necessary balance between the markets and state institutions expressed Former Greek Prime Minister Costas Simitis in an article published in Greek newspaper "Efimerida Ton Syntakton." As he highlighted, ever since the northern European...

German Economist: 50% of the Greek Debt Should be Written Off

“We should probably reduce Greece’s public debt to half, which means 120 billion euros should be written off. This is what the German chief economist, head of the German Institute for Economic Research (DIY) and major government advisor, Marcel...

ELSTAT: How Much Does Greece Really Owe?

Greece's GDP shrank by 40 billion euros between 2010 and 2013 to 182 billion euros, and public debt amounted to 175% of that figure, or 318.7 billion euros, according to a Hellenic Statistical Authority (ELSTAT) report forwarded to Eurostat as notification of the excessive...