Calamos Supports Greece

Alexis Tsipras

Obama and Hollande to Join Forces for Greek Crisis

United States President Barack Obama and French President Francois Hollande had a phone conversation on Monday, in which they reached an agreement to increase their cooperation in restarting dialogue on a Greek bailout program, a source close to Francois Hollande revealed. "They...

Merkel: Ready for New Greece Talks 'After Referendum'

German Chancellor Angela Merkel played down prospects of a breakthrough with Greece in the coming days, but said she stood ready to restart talks with the government in Athens after a planned referendum on Sunday. "Should the Greek government ask...

Greek Crisis Divides European Socialists

Syriza’s call for a July referendum has revealed strong divisions within the Socialists & Democrats group. Until now, the European People’s Party has been the most opposed to the Syriza-led government, holding it responsible for the bailout deadlock. European Parliament President...

Greek Democracy Is Back

In a true Democracy no government, parliament or president, politicians or political parties have the legitimacy to make constitutional changes to alter the basic fabric of the nation without the overwhelming consent of the people. Under an ungodly pressure imposed...

'Greece Is Pushing for Grexit' According to Foreign Media

Greek banks have closed down, the ATMs have run out of money and the terrified Greek people are forming long lines outside gas stations in order to fill up their tanks. When Greek Prime Minister Alexis Tsipras called for...

Opposition Leader Samaras Urges Greeks to Stay Calm

Main opposition New Democracy leader Antonis Samaras on Sunday urged the Greek people to stay calm and united, in a statement after Greek Prime Minister Alexis Tsipras announced that capital controls would be imposed. At the same time, he called...

Tsipras' Dramatic Call to Europe: "Restore the ELA to Greek Banks"

Greek Prime Minister Alexis Tsipras made a dramatic call to Europe to increase its Emergency Liquidity Assistance (ELA) to Greek Banks, in order for Greece not to turn to chaos. The European Central Bank (ECB) did not kept the financial...

Paul Krugman: 'Greek PM Is Acting Wisely'

According to Nobel Prize-winning economist Paul Krugman, Greece seems to be doing the best thing it can under the current circumstances. Krugman thinks that Greek Prime Minister Alexis Tsipras is acting wisely because he has decided not to reach a decision single-handedly. In reality,...

EU Executive Publishes Offer that Tsipras Rejected

The European Commission has published the last set of proposals agreed by the Troika of creditors and offered to Greece late last week saying that it could have led to a comprehensive agreement before the Greek government walked away...

Greece Referendum: Why Tsipras Made the Right Move

Although Greece is hard strapped for cash this is clearly a political decision with profound consequences for the future of the European Union. It is also the right one.