Calamos Supports Greece

Christine Lagarde

Lagarde Nominated as IMF Managing Director for Second Five-Year Term

The International Monetary Fund announced today that it has nominated Christine Lagarde to lead the institution for a second-five year term. IMF’s Executive Board said that no other candidates had been nominated for the position. Lagarde was named IMF’s 11th managing...

IMF Chief: Security Fund Reforms are Linked to Greek Debt Easing

Greece will need debt relief along with deep security fund reforms in order for the pension system to be sustainable, said International Monetary Fund Managing Director Christine Lagarde. The IMF head gave a web press conference where she was asked,...

Christine Lagarde: ‘Make or Break’ Point for Schengen

The chief of the International Monetary Fund says she believes Europe’s refugee crisis is placing the continent’s cherished Schengen zone at risk. Christine Lagarde, the IMF managing director, said Saturday the swelling number of refugees in Europe has pushed the...

German FinMin Concerned About Progress of Greek Bailout Plan and Future of Europe

For the umpteenth time, German Finance Minister Wolfgang Schaeuble is expressing deep concerns over the Greek government’s commitment to implement the full bailout program in a timely fashion. The third bailout for Greece, agreed between the SYRIZA-led government and the...

IMF Managing Director Lagarde to Meet with Greek PM Tsipras at Davos

Managing Director Christine Lagarde plans to meet with Greek Prime Minister Alexis Tsipras at the World Economic Forum in Davos, Switzerland on January 21, according to a Bloomberg report. Lagarde and Tsipras will meet on the sidelines of the...

IMF Assures Greece of its Support to Reform Program

International Monetary Fund Managing Director Christine Lagarde assured Greek Finance Minister Euclid Tsakalotos that the fund is ready to work with Greece to promote the country’s reform program. The meeting took place on the sidelines of the World Bank-IMF summit...

Christine Lagarde: Greek Debt is Unsustainable- Reforms Are Necessary

International Monetary Fund head Christine Lagarde reiterated that the Greek debt is not sustainable at the moment. Lagarde made her remarks during the IMF's annual meeting in Lima, Peru, the Athens-Macedonian News Agency reports. The IMF has not made it known...

IMF Chief and Greek Economy Minister Discuss Bailout but No Debt Haircut

International Monetary Fund Managing Director Christine Lagarde sent the message to Athens that any official discussion on Greek debt easing will take place after the first bailout program review. The IMF chief met with Greek Economy Minister Giorgos Stathakis in...

Greek Prosecutors Take Testimony from Former HSBC Employee on 'Lagarde List'

Four Greek prosecutors took testimony from the former HSBC employee Hervé Falciani in Paris on Friday, who in 2008 stole data from around 130,000 bank customers, as part of their investigation into Greek bank account holders. The list, which in...

IMF Chief Lagarde: 'Total Debt Cancellation For Greece Is Not An Option'

International Monetary Fund (IMF) Managing Director Christine Lagarde stressed out that there is an urgent need for cash-strapped Greece’s unsustainable debt burden to be reconstructed. In an interview with Swiss French-language daily newspaper "Le Temps" on Saturday, Lagarde implied that the International Monetary Fund is...