Calamos Supports Greece

Alexis Tsipras

Death of Democracy

After last week’s referendum euphoria, authorizing the Tsipras administration to negotiate with creditors on the premise not to accept additional Memoranda, I felt proud to be Greek! I truly believed that Greece would shine again and protect the people against a...

Scenarios of Greek Snap Elections in September

Greek Interior Minister Nikos Voutsis said it is very possible there will be snap elections in Greece in September or October. "If not in September, then in October. Elections are very likely, but this will depend on developments from now on,"...

The End of ‘Anti-Memorandum’ Politics in Greece

They called it deal, agreement, treaty, honest compromise, bailout. They dressed it up with fancy words like “social justice,” “fair taxation,” “growth prospect,” “debt haircut.” What they never called it was what it truly was: a Memorandum of Understanding....

Under Grexit Threat, Greece's Parliament Approves Greek Bailout Deal; More Austerity

With the Greek economy in ruins and the Greek banks still closed, the Greek parliament approved the terms of the latest (3rd) Greek bailout deal offered to Geece by its creditors: the European Central Bank (ECB), the European Commission...

Creditors' Technical Teams Return to Greece on Monday

The work between the technical teams of Greece and creditors will start on Monday in Athens and is expected to last four weeks before the third bailout agreement is signed. The representatives of the European Commission, the European Central Bank (ECB) and...

Greek PM Tsipras Sends Ultimatum to SYRIZA MPs: Accept the Deal or I Won't be PM Tomorrow

In anticipation of the decisive vote at the Greek Parliament, the SYRIZA Parliamentary Group convened on Wednesday. The country's governing party is facing one of its most crucial moments since its inception in 2004 with a significant number of lawmakers set to...

Majority of SYRIZA Central Committee Denounces Bailout Deal

The SYRIZA party is facing a growing internal strife. While the Greek parliament, convenes later in the day to vote on the provisional bailout deal that Greek Prime Minister Alexis Tsipras agreed to with international creditors in Brussels, his SYRIZA...

Eurogroup Chairman Believes Negotiations Will Not Go Smoothly

Greece may have signed an initial agreement with its European partners, but not all parties involved appear optimistic about the country's future. One of the less optimistic opinions was expressed by Eurogroup chairman Jeroen Dijsselbloem. The Eurogroup chairman predicted that Greece...

Alternate Finance Minister Valavani Resigns

Greek Alternate Finance Minister Nadia Valavani informed Prime Minister Alexis Tsipras that she resigns from her post in a letter sent on Monday, July 13 to the Maximos Mansion. The Finance Ministry in an announcement on Wednesday released the full...

German Deputy FinMin: 'Tsipras' Comments Are Not Helpful'

A German official noted that Greek Prime Minister Alexis Tsipras' criticism towards the agreement for the bailout deal with the country's creditors isn't helpful, according to the Associated Press. On Tuesday evening, Alexis Tsipras had an interview with the Greek public...