Calamos Supports Greece

creditors

Greek PM Tsipras to Continue Negotiations, SYRIZA Extremists Insist on Rift

While time and money is running out for Greece, Prime Minister Alexis Tsipras pushes for a deal with creditors having to deal with SYRIZA extreme leftists insisting on a rift with creditors and Europe. During the Sunday meeting of...

Greek PM Tsipras Takes Negotiation with Creditors Upon Himself

Greek Prime Minister Alexis Tsipras takes the negotiation with the country's creditors upon himself as talks between technical teams in Brussels have stalled again. Tsipras was at the government headquarters on Thursday afternoon where the negotiating team leader, Giorgos Chouliarakis, had a...

Greece’s Creditors Request 3-Billion-Euro Budget Cuts

There have been major developments in the negotiations between Greece and its creditors so that the two parties can reach an agreement as soon as possible, reported Bloomberg. According to the international agency, which cites information from a European official,...

Greece Returns to Recession in the First Quarter of 2015

The Greek economy entered a new period of recession as the first quarter of 2015 gross domestic product dropped by 0.2 percent compared to the fourth quarter of 2014. According to figures by the Hellenic Statistical Authority (ELSTAT) released on...

Poll: 66% of Greeks Favor Deal, 31% Want Rift with Europe

A new opinion poll shows that 66 percent of Greek citizens want the government to come to an agreement with international creditors, while almost 31 percent would like a rift with Europe. The poll was conducted by MARC and also...

SYRIZA Hard Leftists Disagree With Concessions in Negotiations

The SYRIZA "leftist platform" didn't take the sudden positive developments in negotiations very well after Wednesday's joint statement of lenders that they will help Greece achieve financial stability and growth. The party's hard leftists, led by Minister of Productive Reconstruction,...

Greek PM to Meet With Creditors after Obstacles in Brussels

Greek Prime Minister Alexis Tsipras is planning to meet with the heads of Greece’s creditors over the next few days, in an attempt to arrange a Eurogroup meeting and to make progress in the negotiations, so that Athens can...

Tsipras Said a lot But Was Diplomatic On Critical Issues

We didn't learn a lot from Alexis Tsipras in his highly anticipated television appearance where he answered questions from the host and audience. We learned, though, that he expects a deal with creditors by May 9. The Greek Prime Minister...

Greek Govt Optimistic Over Agreement

Despite the recent flood of negative statements and reports about Greece's negotiations with creditors, the Greek government is optimistic that an agreement will be reached by the end of April. Negotiations with creditors' representatives  -- the Brussels Group -- have...

Greek Gov't Denies Scenarios of New Elections and Voluntary Default

The Greek government denies the scenario of snap elections and allegations that it is seeking a rift with creditors in order to voluntarily default. The critical April 24th Eurogroup will determine the government's next move, analysts say. If Athens reaches...