Calamos Supports Greece

Alexis Tsipras

Austerity Increases Debt, Says Head of European Left Group GUE/NGL

Greece’s debt problem could be resolved by ending austerity, the President of the Confederal Group of the European United Left/Nordic Green Left (GUE/NGL), Gabriele Zimmer, told the Athens-Macedonian News Agency on Tuesday. "The debt problem can be resolved first and...

Greek PM Tsipras on Emergency Visit to Brussels for Crucial Debt Talks

Greek Prime Minister Alexis Tsipras is due to urgently travel to Brussels on Wednesday where he will be presented with a new proposal to solve Greece's debt crisis. Greece's international creditors -- the European Central Bank (ECB), the European Commission and...

Creditors Pour Cold Water On Greece Talking About 'Slow Progress' And 'Vague Proposals'

As Greece is struggling to reach a deal over austerity measures with its European creditors in order to unlock the vital €7.2 billion euros it desperately needs and make a €300-million payment to the International Monetary Fund (IMF) on Friday, Eurogroup President Jeroen...

Greek State Minister Confirms Greece has Submitted Proposal to Institutions

Greece officially submitted a complete, comprehensive and compact draft of its proposals to the country's creditors on Monday night, Minister of State Nikos Pappas said on Tuesday, confirming earlier reports citing government sources. He noted that this was a requirement...

Greece Seeks to Sign Memorandum for Natural Gas Pipeline with Russia‏

Greek Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis on Tuesday said that intense efforts were made to promote a significant project for Greece and Russia, the Greek Stream project. In an interview with Russia-24, following completion of a...

Creditors Finalize Text of Bailout Agreement for Greece

Greece’s international creditors are finalizing the text of a bailout agreement that they will present to Greece, according to a Wall Street Journal report. Top officials from European institutions and the International Monetary Fund have sent a draft of the...

Tsipras: Greece has Presented Comprehensive Proposal for Deal

Prime Minister Alexis Tsipras stated on Tuesday that Greece has presented to international creditors a comprehensive list of reforms in order to achieve an agreement. Tsipras spoke to the press after his visit to the education ministry. Referring to the...

European Leaders and IMF to Offer Greece a Plan for Consideration

European leaders and the International Monetary Fund (IMF) agreed to accelerate negotiations and offer Greece a plan to consider in the coming days, according to a Bloomberg report. German Chancellor Angela Merkel, IMF Managing Director Christine Lagarde, European Central Bank...

European Commission: 'June 30 Remains the Only Deadline for a Greek Deal'

As the Greek government is under pressure to agree to economic reforms with its international creditors in order to unlock new financing, the European Commission continues to signal tough stance regarding the ongoing talks with Greece. European Commission spokeswoman Mina Andreeva said on Monday...

Germany-France Leaders: Greek Deal Should be Reached Soon

Greek Prime Minister Alexis Tsipras, German Chancellor Angela Merkel and French President Francois Hollande had a 35-minute teleconference on Sunday evening in which they agreed that the agreement between Greece and creditors should be signed soon. At the same time,...