Calamos Supports Greece

referendum

Greece Referendum: First Polls Show Greeks Favor Agreement

Although Prime Minister Alexis Tsipras urged Greeks to not approve the creditor's bailout agreement terms, the first polls in Greece find that most Greeks favor the deal even if it includes a new memorandum. In a poll conducted by Alco...

Greece Referendum: Why Tsipras Made the Right Move

Although Greece is hard strapped for cash this is clearly a political decision with profound consequences for the future of the European Union. It is also the right one.

Why There Can Be No Winners in the Grexit Game

The problem with all this uncertainty is that the various players in the Grexit game fail to understand the serious consequences of not reaching a rational deal.

Greece's Parliament Greenlights Greek Referendum to Be Held July 5

The Greek Parliament approved the Greek government's proposal for a referendum to be held in Greece on July 5, asking citizens to vote YES/NO on the agreement the country's creditors offered in order to release a much-needed financial aid...

PM Tsipras Slams Eurogroup, Creditors; Urges Greeks to Vote 'No' in Referendum

During a heated session at the Greek parliament that is currently voting in order to approve a referendum proposal by the Greek government, Prime Minister Alexis Tsipras slammed the negotiations practice that Greece's creditors followed. Addressing the Greek parliament, Greek PM...

Tsipras: Whatever Decision the Eurogroup Makes, the Greeks Will Survive

Whatever decision the Eurogroup takes, the Greek people will still have oxygen next week, they will survive, Greek Prime Minister Alexis Tsipras said in phone contacts with German Chancellor Angela Merkel and French President Francois Hollande on Saturday, according to...

Mixed Reaction to Greek Referendum Decision

News of the impending referendum has caused alarm for some in Greece. The country’s Central Bank says deposits are now at their lowest level since May 2004. But while there is concern for some, for others there is resignation and...

Eurozone Ministers Reject Greece Bailout Extension

The finance ministers of the eurozone have rejected a Greek request to extend the deadline of its bailout program until after a planned July 5 referendum. Eurozone officials, said the finance ministers would continue meeting in an informal session without...

Eurogroup Head: Greece has Closed Door on Further Talks

Arriving to the meeting, Eurogroup head Jeroen Dijsselbloem told reporters that he was very negatively surprised by Greek government’s decision to call a referendum adding that Athens has closed the door on future talks. In the same line, Germany’s...

Former Greek Prime Minister Costas Karamanlis: “Foolish Choice”

Former prime minister Costas Karamanlis broke a longstanding silence and severely criticized the Greek government’s “foolish choice.” “The nation’s most vital interests demand that the country remains at the heart of Europe. The EU’s actual shortcomings do not, in any...