Calamos Supports Greece

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Greek Gov't Puts Hopes on ECB for Liquidity

The Greek government is putting its hopes for liquidity on the European Central Bank after Monday's Eurogroup statement that there is progress in negotiations between Athens and lenders. There is reserved optimism at Maximos Mansion that the statement will influence...

EC: Greece Must Reach Deal Before Cash Runs Out

Greece must rush to complete the fifth review in order to conclude negotiations and reach an agreement before it runs out of cash. That was the message sent to Athens after Monday's Eurogroup. Eurogroup President Jeroen Dijsellbloem said, "There is...

Varoufakis: Greece Will Have Serious Liquidity Problem in a 'Couple of Weeks'

Greek Finance Minister Yanis Varoufakis admitted that Greece may have a serious liquidity problem after two weeks. The statement was made after Monday's Eurogroup meeting in Brussels. Varoufakis said, "The liquidity issue is a terribly urgent issue. It's common knowledge,...

Varoufakis: Solution Visible, if Europe Shows Political Will

"The government has done what is humanly possible. Now the solution depends entirely on the political will of creditors," said Greek Finance Minister Yanis Varoufakis on Monday. Varoufakis spoke to Red radio station right before he flew out to Brussels...

Poll: 66% of Greeks Favor Deal, 31% Want Rift with Europe

A new opinion poll shows that 66 percent of Greek citizens want the government to come to an agreement with international creditors, while almost 31 percent would like a rift with Europe. The poll was conducted by MARC and also...

Continuous Meetings Within Greek Gov't for Monday's Eurogroup

The Greek government is in a series of feverish meetings ahead of Monday's Eurogroup and after technical discussions with lenders' representatives resulted with Athens asked to make more concessions on pension laws. General Secretary of Social Security Giorgos Romanias said...

ND Leader Samaras: The Country Is Being Led to a New Memorandum

Main opposition New Democracy (ND) leader Antonis Samaras estimated that the country is being led to a tax storm raid and to a new memorandum resulting into the creation of recession and new deficits, speaking on Saturday to a...

Eurogroup President: 'We are Not Very Close to an Agreement With Greece'

"A solution will be found for Greece" stated Eurogroup president Jeroen Dijsselbloem in an interview with the Saturday edition of Corriera della Sera newspaper. "On financial terms we are now more powerful than three years ago when the Athens crisis...

German FinMin: No Deal for Greece at Monday's Eurogroup

German Finance Minister Wolfgang Schaeuble said that he doesn't expect a deal between Greece and its creditors at Monday's Eurogroup session. Speaking to German newspaper Frankfurter Allgemeine Sonntagszeitung on Saturday, Schaeuble said that it is very unlikely that Greece will get...

Tsipras: Deal Is a Matter of Political Will, Not Technical Issue

Greek Prime Minister Alexis Tsipras spoke in parliament today underlining that a deal with lenders over the state debt is no longer a technical issue but a matter of political will. "I can assure you that everyone recognizes the necessity...