Calamos Supports Greece

Write Off

2016 Set New Record High for NPLs Written-off By Banks

As the financial crisis continues to grip Greece, many borrowers of funds who have non-performing loans (NPLs) are opting to not restructure their debt and to instead wait it out. The banking sector is very sensitive to the bailout reviews,...

German Economist: 50% of the Greek Debt Should be Written Off

“We should probably reduce Greece’s public debt to half, which means 120 billion euros should be written off. This is what the German chief economist, head of the German Institute for Economic Research (DIY) and major government advisor, Marcel...