Calamos Supports Greece

Reuters

Greek Debt Is Viable and May Not Need Fresh Haircut

Reuters, citing European officials, claimed that the Greek debt may not need a fresh haircut since it is viable. According to the news agency, "the euro zone is reconsidering whether Greece needs the additional debt relief it has been hoping...

FinMin Hardouvelis: Greece Might Need a Year of Limited EU/IMF Supervision

At a time when most cabinet members speak about the long-awaited exit from the bailout program, Greek Finance Minister Gikas Hardouvelis spread discomfiture to the government with his statements in Reuters on Wednesday, proving the lack of communication between...

BoG: €11.5 Bln of HFSF Can Be Used as Precautionary Credit Line

Greece has the ability to use the remaining 11.5 billion euros from its bank rescue fund as a preventive support line when it exits its European Union / International Monetary Fund (IMF) bailout program, Bank of Greece (BoG) Governor Yannis...

Reuters for Tsipras: From Firebrand to PM-in-Waiting

Greece's main opposition SYRIZA leader, Alexis Tsipras, was profiled by Reuters in an article published today entitled "From firebrand to PM-in-waiting, Greek leftist smells power." According to this, the 40-year-old politician has recently softened his confrontational tone with Greece's...

EU Official: Greece Unable to Exit Bailout Without Assistance

Greece will not be able to exit its ongoing bailout program earlier than scheduled without an additional assistance package from its lenders, an unnamed senior European Union official stated according to Reuters. "A completely clean exit is highly unlikely,"...

Riot Policeman Found Guilty for Attack on Photojournalist

On Thursday, a Greek Misdemeanors Court handed down an eight-month jail sentence, suspended pending appeal, to a 27-year-old riot police officer found guilty of striking photojournalist Tatiana Bolari while she was covering a protest rally in downtown Athens on October...

Reuters: Greek Dairy Producers in War with Middlemen

According to Reuters, intermediaries in Greece are part of an inefficient and bureaucratic system that encourages corruption. Using as an example the milk vending machines in Larissa, Reuters sheds light on the activities of intermediaries in Greece, but also the...

Reuters: Families Prop Up Failing State Pensions in South EU

A recent Reuters article reports on how the financial crisis is affecting state pension and welfare systems in southern EU member-states. “Greece is the only country to have taken drastic action, forced to cut pensions by 30 percent between 2009 and 2013 under...

Foreign Media Comment on Greek Election Outcome

Foreign media outlets report on the outcome of Greece’s double elections, commenting on the first place secured by the country’s main opposition Coalition of the Radical Left (SYRIZA) party and the increased approval ratings of the neo-Nazi Golden Dawn...

Foreign Media Reactions on Greek Elections

International media continue to comment on the forthcoming European Parliament elections and the prospect of Greece’s main opposition Coalition of the Radical Left (SYRIZA) party topping the vote, while also referring to the possibility of early national elections in...