Calamos Supports Greece

International Monetary Fund

IMF Predicts Inflation to Peak Amid Low Growth

The International Monetary Fund (IMF) released the latest World Economic Outlook report this week. The report tracks important global economic trends. The forecast for growth remains low but has improved since the most recent projections. At the same time, the...

IMF Says Greek Economy Will Grow by 6.5% This Year

The International Monetary Fund (IMF) announced on Tuesday that the Greek economy is looking at a growth rate of 6.5% by the end of 2021. The IMF detailed the country's growth for 2021 in their global economic outlook report, where...

IMF: Greek Economy to Grow 3.3% in 2021; By 5.4% in 2022

A new report from the International Monetary Fund (IMF) released on Wednesday estimated that the Greek economy will grow by 3.3% this year.

Greek Premier Announces Closure of IMF Office in Athens

Greek Prime Minister Kyriakos Mitsotakis announced the closure of the IMF office in Athens after meeting Kristalina Georgieva, the Managing Director of the Fund, in Washington on Tuesday. Mitsotakis thanked Georgieva for her support of Greece and acknowledged that the...

IMF to Greece: Implement Agreed-Upon Cuts

The necessity of the implementation of cuts already agreed to by the Greek government, including pension cuts and the lowering of the tax-free income threshold, was reiterated by the International Monetary Fund’s spokesperson in Washington. Gerry Rice said that it...

IMF Still Undecided Over Future Role in Greece

The International Monetary Fund may still participate in the Greek program and this will become clear on June 21, when there is a Eurogroup meeting, said International Monetary Fund Managing Director Christine Lagarde on Monday. Speaking to reporters after meeting...

IMF's Lagarde: Implementation of Program, Debt Relief Essential for Greece

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde, met Monday in Washington with the Prime Minister of Greece, Alexis Tsipras, to discuss recent developments in Greece and key issues ahead. The decisive implementation of Greece's adjustment program...

IMF Executive Board Meeting on Greece: Full Statement and Recap

Here's the full statement of the IMF board after an important meeting where the future of Greece's economy and measure implementation was discussed. Read the full statement: On February 6, 2017, the Executive Board of the International Monetary Fund (IMF) concluded...

ESM Chief: Greece Is Special Case, 4th Bailout Might be Needed

European Stability Mechanism President Klaus Regling said on Wednesday, that Greece is a special case and this is the reason it is still in a rescue program, while he warned that a fourth bailout might be needed. Regling addressed a...

Two Years of SYRIZA Administration for Greece Means Two Years of Stagnation

As Alexis Tsipras and his administration celebrate two years in power today, one wonders where Greece would have been if it wasn't for these two years of procrastination, austerity and deepening recession. And shameless lies, too many to list. On...