Calamos Supports Greece

debt relief

Schaeuble Pours Cold Water Over Greek Hopes of Debt Relief

  Eurozone finance ministers said they could not give a commitment on significant debt relief for Greece before next year’s German elections. Germany's Finance Minister Wolfgang Schaeuble led the bloc of ministers opposed to debt relief for Greece, pouring cold...

ESM Chief Klaus Regling Says Debt Relief Not Necessary for Greece

European Stability Mechanism (ESM) Chief Klaus Regling told reporters on Wednesday evening that Greece will have no problem concerning its debt for the next decade. "In the short-term, there's no problem," he said, aligning his views to those of...

Greek PM Tells Euromed Summit That EU Creditors Need to Meet Their Commitments

Greece's creditors need to meet their commitments in order to agree on specific measures for the Greek debt relief by the end of 2016, Prime Minister Alexis Tsipras said on Monday while addressing the Euromed Summit held in Vravrona,...

German FinMin: Debt Easing Would Abate Greece's Willingness to Reform

German Finance Minister Wolfgang Schaeuble reiterated his position that Greek debt relief would abate the country's willingness to implement economic reforms. According to a Wall Street Journal report, Schaeuble spoke during a book presentation where he referred to Greece's call...

SEV: Debt Relief Alone Will Not Bring Investors to Greece

The debt relief measures the Greek government is trying to achieve will not suffice to bring investors, says the Hellenic Federation of Enterprises (SEV) weekly newsletter. The SEV newsletter points out that the short term debt easing measures European creditors...

Tsakalotos: IMF Hasn't Linked Greek Debt Relief to 4th Bailout

Finance Minister Euclid Tsakalotos said that there has been no discussion with the International Monetary Fund (IMF) that debt relief would be granted to Greece only if the country accepted a fourth bailout, Finance Minister Euclid Tsakalotos said on...

Dragasakis: Debt Relief Is 'Key' to Greece's Financial Recovery

The government is continuously requesting debt relief for Greece, government vice-president Yiannis Dragasakis said on Tuesday while speaking at a conference of the Greek Tourism Confederation (SETE). “The government ceaselessly demands a settlement of its debt issue, as the agreement itself...

Tsipras to Focus on Providing Debt Relief for Greece at European Council Meeting

On Thursday at a the European Council meeting in Brussels, Prime Minister Alexis Tsipras will focus on the completion of the second program review and progress in providing debt relief for Greece during his meetings with counterparts. EU leaders will...

Will U.S. President Barack Obama Visit Greece Shortly Before Departing From Office?

United States President Barack Obama may visit Athens shortly after the United States presidential elections on November 8. Sources close to the White House say that the official visit will take place from November 14-15, before Obama heads to...

Stournaras Wants Debt Relief for Greece to Bring Market Access in 2018

Greece needs debt relief because it will not regain access to markets in 2018 unless its public debt is considered sustainable, Bank of Greece governor Yannis Stournaras said on Monday, addressing the annual conference of the Greek Tourism Confederation....