Calamos Supports Greece

negotiations

Tsipras Said a lot But Was Diplomatic On Critical Issues

We didn't learn a lot from Alexis Tsipras in his highly anticipated television appearance where he answered questions from the host and audience. We learned, though, that he expects a deal with creditors by May 9. The Greek Prime Minister...

Ifo Chief: Bankruptcy Is Better for Greece and Europe

Europe must let Greece exit the euro zone and go bankrupt because that would be the best for both, said President of Germany's Ifo Institute for Economic Research Hans Werner-Sinn. Speaking to CNBC on Monday, the German economist said that...

Greek Gov't Tables New Omnibus Bill to Expedite Negotiations

The new omnibus bill presented by the Greek ministry of finance will be tabled in parliament on Thursday in order to expedite negotiations with creditors and reach an intermediate deal. The new bill includes several measures and reforms such as...

Varoufakis Is Off the Pedestal

For the past three months, Greece's finance minister extraordinaire Yanis (with one 'n') Varoufakis has been the talk of every town, from Los Angeles to Adelaide and from Kiev to Cape Town. Even Germany -- Greece's biggest lender and harsh...

Tsipras Backs Varoufakis, Despite Dissatisfaction of EU Finance Ministers

Greek Prime Minister Alexis Tsipras is backing Finance Minister Yanis Varoufakis despite the fact that he has been targeted by his European Union peers who have reached the point of asking for his replacement. Sources from the Maximos Mansion say...

Tsipras Takes it Upon Himself to Accelerate Greece-Lenders Deal

Greek Prime Minister Alexis Tsipras has taken it upon himself to accelerate negotiations and reach a deal with lenders in order to increase liquidity. Two days after the Eurogroup in Riga, where European Union finance ministers refused a deal that...

Greek Bailout Negotiations Explained in 90-Second Video

European leaders and the Eurozone finance minister have been discussing Greece’s crisis and for the possible solution for a long time. At the moment, the country is gradually running out of money, while the Greek government is struggling to...

German FinMin Hints At Plan B for Greece

According to news agency Reuters, German Finance Minister Wolfgang Schaeuble hinted that Germany might be preparing a Plan B in case the negotiations between Greece and its creditors fail. At a briefing on Saturday, April 25, Schaeuble was asked if...

Eurogroup 'Unfriendly' to Greece, Varoufakis Hammered by Peers

Friday's meeting of euro zone finance ministers bore no fruit for Greece and Finance Minister Yanis Varoufakis was hammered by his peers. Athens was hoping that the meeting in Riga would help release much-needed partial funding. Especially after Thursday's statements...

Hollande-Juncker: Greece Must Cooperate and Table Reforms

French President Francois Hollande and European Commission President Jean-Claude Juncker said that Greece must present a complete list of reforms before any bailout funds will be released. Athens is pushing for an intermediate deal before April 30, a "bridge program"...