Calamos Supports Greece

Yannis Stournaras

Greece Says On Track For Surplus

While Greece is locked in tense negotiations with its international lenders over a looming budget gap of as much as 2.9 billion euros, Deputy Finance Minister Christos Staikouras said he still expects the country will record a primary surplus...

Stournaras Says He Can Seal Troika Deal

While Greece's international lenders said they are "miles apart, billions apart" from an agreement with Greece on how the government can fill a looming budget hole of as much as 2.9 billion euros and implement more critical reforms, Finance...

Greece, Troika "Miles Apart" On Agreement

Greece's hopes of getting a deal sealed with envoys of international lenders over how to close a looming budget gap and speed the pace of delayed reforms has apparently hit a road block with reports the two sides are...

Troika Could Leave Greece in Limbo

With most of its agenda on reforms still lacking agreement with the Greek government, envoys from the country's international lenders may leave Athens after finance ministers from the Eurozone meet on Nov. 14 and leave unresolved the question of...

Troika Puts Off Meeting with Mitsotakis

The meeting between Troika representatives and the Greek Minister of Administrative Reform, Kyriakos Mitsotakis, scheduled for Monday afternoon, has been postponed. According to Ministry sources, Greece’s creditors asked for the meeting to be put off, as they first want to hold...

Greece Tells Troika Cuts Not Needed

Frantic to avoid imposing more austerity measures after vowing not to do so, the Greek government has told its international lenders that it can bring in 2.2 billion euros ($2.94 billion) in revenues by going after tax cheats -...

Troika Presses Greece For More Reforms

Talks between Greece and envoys from its international lenders immediately led to more demands for reforms and pressure on the government to shed itself of one of its defense industries and improve the woeful rate of tax collection with...

Greece Begins Tough Talks With Troika

In what promises to be rough negotiations over reforms, Greek officials on Nov. 5 picked up talks with its international lenders who are pressing for faster privatizations, better tax collection, firings of workers and additional measures to fill a...

Stournaras Aims For Troika Deal

With envoys from international lenders due back in Athens this week, Finance Minister Yannis Stournaras said he's hoping that "common sense" will reign and that Greece's message that it's doing better than expected will lead for less stringent measures...

Troika Changes Mind, Back to Athens

They weren't coming. They were coming. Were. Weren't. Envoys from Greece's international lenders, after squabbling with the government over long-delayed reforms, said they will return to Athens next week to check the books before signing off on the next...