Calamos Supports Greece

Wolfgang Schaeuble

Greek FinMin: We Either Find a Solution to Greek Problem or Euro Zone Pays the Cost of Delay

We either find a solution to the Greek debt problem or the euro zone pays the cost of the new delay, Greek Finance Minister Euclid Tsakalotos told foreign correspondents on Monday. According to Tsakalotos, the ideal scenario in the next...

German Newspaper: Individual Interests Delay Greece's Return to Normality

German newspaper Sueddeutsche Zeitung revealed on Saturday an internal document of the Eurogroup which shows that although Greece was praised for its progress, the loan disbursement was delayed because of a disagreement among the lenders. "Greece must wait because they...

Eurogroup Transcripts Reveal IMF Still Not Convinced of Greek Debt Sustainability

The May 22 Eurogroup transcripts leaked to Euro2day.gr news site indicate that the International Monetary Fund is not convinced of the Greek debt sustainability and the conclusion of the bailout program review is still in the air. The website presents...

Greek PM Changes Course, Ready to Back Down on Debt Relief Issue

Greek Prime Minister Alexis Tsipras appeared to change his narrative regarding debt relief and seems ready to accept the creditors' position that the debt issue will be discussed again after the end of the current bailout program in the...

IMF-Germany Closer to Agreement on Greek Debt Issue

The International Monetary Fund and German Finance Minister Wolfgang Schaeuble are close to an agreement on the Greek debt relief issue under conditions, says German financial newspaper Handelsblatt. According to the newspaper report, the IMF has expressed willingness to participate...

'Schaeuble Continues to Be a Problem for Europe' S&D Group Head Pittella Says

Responding to the disappointing Eurogroup outcome on Greece, the Socialists and Democrats Group in the European Parliament on Tuesday directed stinging criticism at German Finance Minister Wolfgang Schaeuble and accused him of behavior that was contrary to the interests...

German FinMin: No Greek Debt Cut at Present Time

"At the present time, Germany will not accept any Greek debt reduction," said a spokesperson for German Finance Minister Wolfgang Schaeuble, speaking to Bild. The German official also told the German newspaper that Berlin will not accept extending the debt...

IMF: Europe Still Not Clear About Greek Debt Issue

International Monetary Fund chief Christine Lagarde said there is still distance to be covered on the Greek debt issue while German Finance Minister Wolfgang Schaeuble said Europe sticks to the May 2016 agreement between Greece and creditors. The two officials...

Germany Says No Debt Relief for Greece Before Reforms are Implemented

The German Finance Ministry on Thursday said that no debt relief measures are being prepared for Greece, in answer to a report by Handelsblatt business daily, Reuters says. The German newspaper reported that Greece's creditors (the European Stability Mechanism, European...

German FinMin Schaeuble: Greek Deal Important but Work Still Needed

A spokesman for German Finance Minister Wolfgang Schaeuble said on Tuesday that the Greek deal of reforms concluded by Greece and its lenders is an important "intermediate step," but work is still needed. The German Finance Ministry spokesman also said...