Calamos Supports Greece

Angela Merkel

Eurozone Chief Says Greece May Need Third Bailout

ATHENS - With the ink still not dry on a second bailout for Greece - this one for $172 billion to go along with a first ongoing series of $152 billion in rescue loans to keep the country from...

Troika Warns Greece: Comply or No More Aid

ATHENS – Despite a second bailout and a pending deal with investors to write down as much as $134 billion in debt, Greece will not be eligible for continued foreign aid if it does not comply with demands to...

Angela Merkel Apologizes To Relatives Of German Neo-Nazi Victims

German Chancellor Angela Merkel delivered a speech during a memorial ceremony for victims of far-right violence in Germany at the Concert Hall at the Gendarmen Markt in Berlin Thursday, Feb. 23, 2012. Chancellor Angela Merkel apologized to the relatives of...

Greek Journalist Yiorgos Trangas Fined €25,000 For Insulting German Chancellor Angela Merkel

Popular Greek journalist Yiorgos Trangas has been fined for insulting German Chancellor Angela Merkel. Trangas was fined €25,000 for referring to Merkel as the "tart of Berlin" during a live radio broadcast of his radio show on Real FM. According...

Merkel Optimistic Greek Deal Can Be Agreed Monday

The leaders of Germany, Italy and Greece are "optimistic" that a deal on a second massive bailout for Athens can be clinched next week, a spokesman for German Chancellor Angela Merkel said Friday. Agreement on a second, €130 billion ($170...

Drawing on 'Independent' Depicts Merkel as Modern Cronus Swallowing Greeks

The "Independent" newspaper presented a drawing depicting Angela Merkel as a Modern Cronus. The 'Cronus' Angela is being shown swallowing Greeks, having wrapped the Greek flag around her neck while the Greek country is being burnt. The cartoonist of this drawing...

Merkel΄s Spokesman: Germany Welcomes Greek Vote

German Chancellor Angela Merkel’s government welcomed the decision of the Greek parliament to vote in favor of further austerity measures, according to Bloomberg. “These decisions show the will and the readiness of the Greeks to undertake major efforts of their...

Wolfgang Schaeuble Told MPs Greek Plan Short of Target

German Finance Minister Wolfgang Schaeuble told conservative lawmakers on Friday that existing Greek reform pledges would not bring its debt down to levels that are considered sustainable, sources who attended the meeting said. "Schaeuble said the current plans would leave...

Merkel Says "I Will Not Participate in Pushing Greece Out Of the Eurozone”

Angela Merkel on Tuesday night swore eurozone partners to a long and painful process of structural reform to restore the economic growth the eurozone needed to overcome its debt crisis, reports the Financial Times. Germany’s chancellor also stressed that reforming...

Jean-Claude Juncker Backs Special Account for Greek Debt Interest

Eurogroup chief Jean-Claude Juncker lent support to a Franco-German proposal to set aside bailout funds for Greece in a special account to cover interest payments on its massive debt. The Luxembourg prime minister told Berlin's RBB Inforadio that the idea,...