Calamos Supports Greece

Schaeuble

Merkel Piles On: No Greek Relief

Just in case the Greek government didn't get the message delivered in person by German Finance Minister Wolfgang Schaeuble during an 11-hour visit to Athens that there would be no imposing losses on the country's lenders - Germany being...

Doukas Says Greece Can't Repay Loans

Petros Doukas, who served in the finance ministry under former premiers Konstantinos Mitsotakis and Costas Karamanlis, said Greece will have to give its international lenders at least a 40 percent loss - a so-called "haircut" - because despite $325...

Greece’s Public Enemy #1: Schaeuble

He may have received a reception fit for Royalty and heads of state - the center of Athens was virtually shut down and demonstrations banned - during his visit on July 18, but to most Greeks, German Finance Minister...

What Did Samaras Tell Schaeuble?

German Finance Minister Wolfgang Schaeuble met in Athens with Greek Prime Minister Antonis Samaras for only 40 minutes - 10 minutes longer than scheduled - on July 18 although the city center was shut down all day and all...

Schäeuble Meets Greek Businessmen, Bankers

The first appearance in Greece of German Finance Minister Wolfgang Schaeuble since the country's crushing economic crisis began three years brought out all the luminaries in the business and banking world, who flocked to the Hilton to hear him...

Schaeuble Offers German Investment in Greece

Speaking at the German-Hellenic Chamber on July 18 in Athens - with the center of the city shut down to most traffic and protests banned during his day-long visit - German Finance Minister Wolfgang Schaeuble said his country was...

Greek Lawmakers OK Job Cuts

With a slim majority of 153 votes in the 300-member Parliament, the coalition government of Prime Minister and New Democracy Conservative leader Antonis Samaras and PASOK Socialist leader Evangelos Venizelos, shortly after midnight on July 18 got approval to...

Showdown Day on Greek Multi-Bill

Greek Prime Minister Antonis Samaras' uneasy coalition government faces a challenge on July 17 when a reform bill with more than 100 items, including schemes that could lead to the firing of as many as 40,000 public workers goes...

Schaeuble Brokers Greek Investment Deal

German Finance Minister Wolfgang Schaeuble, a hardliner who insists Greece stick to harsh austerity measures in return for bailouts - much of them funded by his country - will be in Athens on July 18 and is to...

Germany Rejects Greek Haircut Hopes

With evidence growing that Greece may never be able to pay the $325 billion it borrowed from international lenders to keep the economy afloat, German Chancellor Angela Merkel and her Finance Minister Wolfgang Schaeuble have rejected any notion that...