Calamos Supports Greece

Dallara

IIF Chief Dallara Says Greece Needs More Time

Greece should get cheaper rates on its pending second bailout, for $172 billion, and at least two more years from its international lenders to repay them, the chief negotiator for the country's private sector creditors said. Charles Dallara, Managing Director...

Tsipras Says New Democracy, PASOK are "Scaremongering"

ATHENS – After more than a week of a nearly-invisible campaign ahead of critical June 17 elections that could decide whether Greece leaves the Eurozone and possible chaos, dueling political rivals are taking shots at each other through press...

Bank Group Chief: Greek Euro Exit Cost Could Pass $1.25 Trillion

With speculation mounting that Greece will ultimately either choose or be forced to leave the Eurozone and drop the euro, the head of a worldwide banking group whose members were forced to take 74 percent losses on their Greek...

Greece Moves to Make Investors Take Big Losses

ATHENS – Saved again by international lenders who agreed to a second bailout package, Greece has now told private investors it will pay most of them back only about 25 percent of what they are owed.  Greece on Friday launched...

Papademos Tells Greeks: Austerity or Chaos

ATHENS – With Greece on the brink of default unless it approves new austerity measures that could deepen a recession now in its fifth year, interim Prime Minister Lucas Papademos told lawmakers, including a growing number of rebels who...

IIF Says Key Issues Unresolved on Greek Debt Swap

Important aspects of the Greek debt-restructuring negotiations remain unresolved, and it is crucial that they are settled as soon as possible, said representatives of the private-sector creditors participating in the talks Thursday. According to Dow Jones, Dallara and Lemierre, who...

Papademos Gets Confidence Vote from His Parliament

ATHENS - Interim Prime Minster Lucas Papademos, as expected, easily won a vote of confidence from the Parliament his fractious coalition government controls for the next few months. Papademos, who oversees a shaky deal between the PASOK Socialists and...