Calamos Supports Greece

negotiations

BBC: Greece Might Find a Solution in China

Greece might end up turning to China as a last resort to find financial aid if negotiations with creditors fail, a BBC report says. According to a report from Shanghai by John Sudworth, the recent tightening of Greece-China relations might...

Spiegel: IMF Temporarily Recalls Staff from Athens

The International Monetary Fund has temporarily recalled its staff from Athens distressed by the slow progress and lack of cooperation from the Greek side, according to Der Spiegel. The German magazine says that a staff member said that Greek General...

EU: No Disbursement of Funds to Greece Before Agreement

While the Greek government is optimistic that creditors will release part of the tranche of financial aid before the Greek Orthodox Easter (April 12), Euro Working Group sources in Brussels say that this is impossible. Athens expects that the two...

April 8-9: Two Crucial Days for Greece

April 8-9 are two crucial days for Greece: On April 8 the Euro Working Group will convene to review the list of proposals sent by the finance ministry and on April 9 Athens has a 448-million-euro payment due to...

Alexis Tsipras and the Enemy Within

No one can blame Greek Prime Minister Alexis Tsipras for not trying hard enough to hold the country from falling off the cliff. Like a captain in a ship hit by the roughest storm, he fights tooth and nail to...

Uncertainty in Brussels Over Greece-Creditors Negotiations

The progress of negotiations between Greece and its creditors in Brussels has created uncertainty as technocrats insist that the Greek government must rush things for the release of further aid while European Union sources say that there will not...

CNBC Poll: Which Greek Asset Would You Rather Own?

As negotiations between Greece and its international creditors have stalled, generating the danger of default and the country's subsequent exit from the Eurozone, the eyes of the world are upon Greece. Greece has to implement certain reforms and measures that will help...

Greece and Creditors Still Far Apart from Deal

Greece's international creditors spent the weekend studying the list of reforms the Greek government presented on Friday and sources from Brussels say that it may take one or two weeks before a final decision is made whether further financial...

Greek Government Rushes to Complete List of Reforms

The Greek government is rushing to complete by Monday the comprehensive list of reforms lenders require before they release further financial aid. If the list is presented on Monday, then the Eurogroup will convene on Tuesday or Wednesday. If the...

Greek Bank Deposits Hit 10-Year Low

Greek bank deposits reached a 10-year low in February as the outflow continues due to the impasse in negotiations between Athens and creditors and the looming threat of a Grexit. According to figures released Thursday by the Bank of Greece,...