Calamos Supports Greece

Alexis Tsipras

Juncker: 'Greeks Wait For Someone to Pull a Rabbit Out of the Hat'

Ahead of the crucial emergency summit of euro zone leaders on Monday and while bank withdrawals have accelerated significantly in Greece, European Commission President Jean-Claude Juncker expressed his exasperation with the Greek Prime Minister Alexis Tsipras during his interview at the...

Foreign Media Reports on Eurogroup 'Shipwreck'

“It is never pleasant to watch a relationship founder. Greece’s Prime Minister, Alexis Tsipras, has charged its creditors with trying to humiliate the country; he has accused the IMF of ‘criminal responsibility’ for Greece’s suffering. Prominent euro-zone politicians are...

Emergency Eurogroup on Monday to Discuss Greek Debt as Default Approaches

An emergency Eurogroup session will be held on Monday before the Eurozone summit scheduled that day in order to discuss the critical Greek issue as the country heads for default on the International Monetary Fund on June 30. Eurozone ministers...

Greek PM Tsipras: The Problem Is Not Greek But European

"We are in the middle of a storm, but we are people of the sea and we are not afraid of sailing in open seas and reaching safe ports," stated Greek Prime Minister Alexis Tsipras on Friday in his...

Tsipras Promises Solution to Greece's Debt Crisis

Greek Prime Minister Alexis Tsipras said that the efforts his government put toward securing the emergency Euro Summit on Monday has proved to be a "success." Eurozone country leaders announced a Monday summit to resolve Greece's prolonged debt crisis that threatens...

Greek Banks Brace for Massive Outflow After Eurogroup Breakdown

Greek banks are facing a full-blown crisis after Thursdays' Eurogroup broke down, leaving the specter of Greece's bankruptcy looming large. Almost 3 billion euros flew out of Greek banks this week, with bank managers expecting more outflow on Friday. A representative of the...

Greek PM Tsipras Meets with Gazprom Chief, BRICS Delegation in St Petersburg

Greek Prime Minister Alexis Tsipras discussed energy and the “Greek Stream” gas pipeline project with Gazprom chief Alexei Miller during a meeting in St Petersburg on Thursday. Tsipras also met with representatives of the new development bank for BRICS countries, who...

Oliver Stone on Greek Crisis: “Viva Tsipras; Viva a New Greece”

Oliver Stone, the famous director of "Natural Born Killers" as well as politically charged films like "Nixon" and "JFK", has come out in support of the Greek government's new leader Alexis Tsipras and his political party Syriza. He met the...

Lenders Prepare a New Proposal for Last-Minute Deal with Greece

As the Greek government is not willing to make more concessions in negotiations and asks for a political solution, the European Commission and the European Central Bank are preparing a new plan to present to Greece. According to a report...

Tsipras: German Taxpayers are Not Paying for Greek Pensions

German taxpayers are not paying for Greek pensions and the creditors' insistence on pension cuts is inexplicable, Greek Prime Minister Alexis Tsipras told a German newspaper. "The insistence on exchange of arguments during negotiations is legitimate as long as there...