Calamos Supports Greece

Davos

Greece's Call to IMF for Help was Decided at Davos, says Former Fin Min

Greece's former finance minister Giorgos Papakonstantinou said that the involvement of the International Monetary Fund in Greece's first bailout was decided at a sideline meeting in Davos in 2010. Papakonstantinou spoke on Skai television on Tuesday night where he described...

Death of the Republic of Cyprus

There is euphoria in the air on resolving the Cyprus issue this year; come rain or shine there will be a solution – so insist all the major players including a Nobel Prize winner! What kind of a solution?...

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...

PM Tsipras: ‘It Might Be the Last Opportunity for Greece. Let’s not Lose it’

The evaluation of Greece’s economic program must be completed as soon as possible because it may be Greece’s last chance, Prime Minister Alexis Tsipras said in an interview with Huffington Post Editor-in-Chief Arianna Huffington on the sidelines of the...

US Plans World Summit on Refugee Crisis

U.S. Secretary of State John Kerry called on the world's nations Friday to redouble their efforts to solve the crisis posed by unprecedented numbers of war refugees, help victims of other global crises and combat the rising threat of...

Eurogroup Chief Jeroen Dijsselbloem Talks from Both Sides of Mouth On Greek Debt and Pension Reform Proposal

Speaking on Bloomberg from Davos, Eurogroup chief and Dutch Finance Minister Jeroen Dijsselbloem described the Greek government’s pension reform proposal as a serious one, but then went on to say that “the numbers still do not add up,” reaffirming...

Soros Says EU in Throes of Collapse and Greek Problem Has No Solution

Speaking on Bloomberg from Davos, George Soros said that the European Union is facing an existential crisis and that the refugee crisis is leading to the collapse of the European Union. He also commented on the ongoing Greek debt drama...

Joe Biden and Anastasiades Reaffirm Strategic Partnership

U.S. Vice President Joe Biden and Cyprus President Nicos Anastasiades reaffirmed the strategic partnership between the two countries during a meeting today at the World Economic Forum, taking place in Davos. “Vice President Biden met with President of the Republic...

At Davos, Greek PM Reiterates Greece’s Acceptance of IMF Role in New Bailout Program

A few days ago, Greek Finance Minister Euclid Tsakalotos said that Greece was not opposed to IMF’s participation in the new bailout program, which his government had signed in August 2015 with the nation’s official creditors. Today, Greek Prime Minister...

German Fin Min Hints at Greek PM: 'It's the Implementation, Stupid'

Speaking at a panel with Greek Prime Minister Alexis Tsipras, German Finance Minister Wolfgang Schaeuble hinted that Greece is not implementing the reforms it has agreed on as required by the bailout agreement. In a panel discussing "The Future of...