Calamos Supports Greece

Alexis Tsipras

Greece Awaits Institutions' Invitation to Restart Negotiations, Govt Sources Say

Greece awaits the institutions' invitation to continue negotiations, government sources said on Monday, pointing to a statement made by government Vice President Yiannis Dragasakis in Brussels who clarified that “the Greek side is ready to complete negotiations.” "We await the institutions' invitation...

Greek Govt: The Efforts Will Continue; There Is no Impasse

The Greek government does not want to speak of an impasse in negotiations; creditors' demands are harsh, the mandate given to the government by the people is clear and efforts will continue, government spokesman Gavriil Sakellaridis said on Monday. He said...

Varoufakis Demands Slash to Greek Debt

Greek Finance Minister Yanis Varoufakis said that his country desperately needs some of its debt written off if it is ever to pay anything back. "Only can we guarantee the repayment of as much of our debt as possible...

New Democracy Leader Calls on Greek PM Tsipras to Assume his Responsibilities

Geek main opposition New Democracy leader Antonis Samaras called on Prime Minister Alexis Tsipras on Monday to assume his responsibilities because Greece cannot afford to lose any more time. "The interruption of negotiations is a very bad development. Rift is not a...

Greek PM Tsipras: We have no Right to Bury European Democracy at its Birthplace

The institutions' insistence on further pension cuts is a political expediency, Greek Prime Minister Alexis Tsipras said in statements to "Efimerida ton Syntakton" newspaper. The Greek PM underlined that creditors should not regard "our sincere desire for a solution and steps...

Democracy vs Banks

Greece and the new Tsipras government have been facing a brutal attack by international creditors. A classic economic war has ensued between a lender and a borrower; with the lender attempting to assert his authority and the borrower demanding loan...

The Price of Letting Greece Go Bankrupt and Out of the Eurozone Is Too High

As negotiations between Greece and creditors seem to stall each day and the country is perilously close to missing its due payment to the International Monetary Fund (IMF) at the end of the month, the Greek government is optimistic that...

Greece's Last Attempt to Reach Agreement with Creditors

The Greek Prime Minister Alexis Tsipras’ personal envoys arrived in Brussels on Saturday morning in order to attempt to bridge the difference between Greece and its creditors. Greek Deputy Prime Minister Yiannis Dragasakis, State Minister Nikos Pappas and Deputy Minister...

Greek Opposition 'To Potami' Urges Tsipras to Make 'Honorable Compromise'

Greek opposition "To Potami" called on Prime Minister Alexis Tsipras to make an "honorable compromise" and reach an agreement with creditors. "Mr. Tsipras will either make a bold move forward or stand still and be swept away by the tide of developments....

Six Charts Show How the Greek Economy Plunged in Six Months

A Bloomberg report used six charts to show how the Greek economy went back into recession in the six months between the call for presidential elections in December 2014 and today. According to the report, the New Democracy/PASOK coalition had...