Calamos Supports Greece

Brussels Group

PM's Representatives in Brussels On Saturday; Greek Side Ready to Submit Counter-Proposals

The Greek side is ready to submit counter-proposals in order to bridge the remaining differences with the institutions, exactly as agreed during the prime minister's meetings in Brussels with French President Francois Hollande, German Chancellor Angela Merkel and European...

Greece Submits New Reform Proposal to Creditors

The European Commission (EC) has confirmed it has received a new reform proposal from Greece, which could finally unlock bailout money for the embattled nation. Reuters said officials from the EC had confirmed receipt of the document, which is thought...

Chancellor Merkel Intervenes in Negotiations to Close Greece Agreement

There has been a positive change in the Greece-Brussels Group negotiations in efforts to achieve an agreement between the Greek government and its partners, a source in Brussels told El Mundo on Friday. According to the source, there were only "very few elements...

Greek Finance Ministry: Proposal on Taxing Bank Transactions Has Been Dropped

A proposal on taxing bank transactions which was presented during the ongoing negotiations at the Brussels Group has been withdrawn following reactions by the Greek finance ministry, the ministry said in a press release on Tuesday. It also said...

Greek Negotiations Resume Tuesday to Discuss VAT and Pensions

Negotiations between Greece and the Brussels Group will resume on Tuesday with value added tax and pension reforms as the main topics. The Greek team will propose three VAT rates of 23%, 14% and 7%. Creditors, on the other hand, suggest...

Greece and Brussels Group to Resume Negotiations on Tuesday

Talks between the Greek government and the Brussels Group - the three institutions representing Greece's creditors - are to continue next Tuesday, it was announced. The technical talks were concluded in Brussels on Saturday night and will continue after Tuesday...

Angela Merkel and Francois Hollande: ‘Talks With Greece Must Pick Up Speed’

German Chancellor Angela Merkel and French President Francois Hollande, taking part at a news conference on climate change in Berlin on Tuesday, said that the negotiation talks between Greece and its European creditors must pick up speed to give the opportunity to Greece...

FinMin Varoufakis, Moscovici Discuss Brussels Group Progress, Monday's Eurogroup

Greek Finance Minister Yanis Varoufakis told journalists on Tuesday he expects the Eurogroup on May 11 to discuss the progress made in the negotiations between Greek authorities and the representatives of the institutions. The statements were made following a...

European Commission Welcomes 'Intensification' of Talks with Greece

The European Commission expressed its satisfaction on Thursday that talks between Greek authorities and the institutions representing the country's creditors had deepened and intensified. Commission spokesman Margaritis Schinas said that negotiations with the Brussels Group are being repeated in Brussels on Thursday...

Greek Government Seeking an Interim Agreement

The Greek government is seeking a solution to its financial dead-end, before its funds run out and while Athens is looking to achieve an Interim Agreement, it maintains its “radio silence” in regards to the critical negotiations. Talks have intensified...