Calamos Supports Greece

Wolfgang Schaeuble

Angela Merkel Appears Optimistic About Growth in Greece

German Chancellor Angela Merkel held a traditional summer news conference on Tuesday, just less than a month before Germany's Sept. 24 federal election, and appeared optimistic about Greece's path to economic growth. "Regarding the eurozone, we have very positive data....

German FinMin: Greek Debt Relief Not on the Agenda for Now

Greek debt relief is not on the agenda for now, and Greece must press ahead with implementing reforms in order to become more competitive, German Finance Minister Wolfgang Schaeuble said. Schaeuble spoke to German newspaper Mannheimer Morgen. When asked if...

German FinMin Claims Credit for Pushing Greeks to Implement Crucial Reforms

German Finance Minister Wolfgang Schaeuble has reportedly claimed credit for pushing Greece to adopt much-needed structural reforms. “One day, will erect a monument in my honor,” Schaeuble was quoted by Handelsblatt newspaper as saying during an election rally in...

Germany's Schaeuble Proposes ESM Use for Investments in Greece – With a Price

German Finance Minister Wolfgang Schaeuble is working on a proposal that would allow southern eurozone countries to tap into the single currency bloc's bailout fund to boost investments during recession, a German newspaper reports. If the unsourced report in the...

Jean-Claude Juncker Claims He Saved Greece in the Eurozone

Jean Claude-Junker heaped praise on his own department in an interview where he said Grexit was on the cards in 2015. The President of the Commission revealed Germany was gunning for the Greeks to be expelled over the Eurozone crisis...

Varoufakis Reveals Text Message Exchange with Tsipras on Temporary Grexit

New information is coming to light following the publication of Yanis Varoufakis’ book Adults in the Room: My Battle with Europe’s Deep Establishment. The book will be published in Greece in September. According to excerpts published by Greek newspaper Proto...

Schaeuble to Bild: The Most Dramatic Moment Was Summer of 2015 Over Program for Greece

"Greece has implemented many reforms and is on a good path," German Finance Minister Wolfgang Schaeuble said on Monday in an interview with Bild newspaper. The most dramatic moment over the last four years was the dispute over the program...

Germany Earned €1.3Bln From Greek Debt Crisis

Since the beginning of Greece’s economic crisis in 2009, Germany has earned 1.3 billion euros as a result of its loans to Athens and its debt buying programs, according to Euractiv. Euro zone members initially agreed to hand any interest...

German Parliament Approves €8.5 Billion Loan to Greece

The €8.5 billion tranche for Greece has been approved by the competent committee of the German Parliament, based on the Eurogroup agreement. Germany today gave a green light to the disbursement of the next installment to Greece. In the closed...

Schaeuble Defends 'Tough' Stance Toward Greece, Pointing to Its Economic Recovery

The tough stance he adopted toward Greece in the negotiations had a positive impact on the country, which was now further along with reforms that it might otherwise have been, German Finance Minister Wolfgang Schaeuble suggested on Friday, in...