Calamos Supports Greece

debt sustainability

Greece Awaits IMF Report Before Exit to Markets

The Greek government will assess market reactions to the IMF's debt sustainability report published today, before deciding to proceed with issuing a government bond for the first time since March 2014. At the same time, it continues preparing for the...

Eurozone Finance Ministers Far From Agreement on Fate of Greek Debt as Monday's Meeting Looms

On Sunday the AFP reported that the distance between eurozone finance ministers who are set to meet on Monday, December 5 to discuss the prospects of the third bailout for Greece as well as possible debt relief strategies are...

IMF's Delia Velculescu to Return to Athens on Sept. 12

The head of the International Monetary Fund (IMF) mission in Greece, Delia Velculescu, is expected to return to Athens in mid-September, possibly on September 12, IMF spokesman Gerry Rice said during a press briefing on Thursday. He said the...

Tsipras Demands Specific Measures to Make Debt Sustainable

Prime Minister Alexis Tsipras sent a message to Greece's creditors via a newspaper interview with Real News published on Sunday. He said that Greece demands and expects that they take steps to make the country's debt sustainable, with lower primary...

Delia Velculescu: IMF Wants Greek Debt Sustainability, Μeasures Aren't Enough

International Monetary Fund (IMF) representative Delia Velculescu said that Greek debt is not sustainable, during her address at the Economist Conference in Athens. "Greece needs substantial debt relief," she said, adding that the IMF is participating in discussions and...

IMF Scathing Report Calls for Debt Relief by 50 Percent of Greek GDP

The International Monetary Fund (IMF) released its preliminary draft Debt Sustainability Analysis (DSA) on Monday, May 23. the DSA was prepared by the fund staff in the course of policy discussions with the authorities and the European institutions in...

PM Samaras: Juncker's Investment Package Marks EU Turning to Growth

The EU Summit was particularly important for the European Union’s orientation to a growth direction, according to Greek Prime Minister Antonis Samaras. The Premier agreed on speeding up the process for making use of EU Commission chief Jean-Claude Juncker's 315-billion-euro...

Greek Debt Is Viable and May Not Need Fresh Haircut

Reuters, citing European officials, claimed that the Greek debt may not need a fresh haircut since it is viable. According to the news agency, "the euro zone is reconsidering whether Greece needs the additional debt relief it has been hoping...

Mapping the Greek Debt

An analysis of Greek debt sustainability by economists Darvas, Sapir and Wolff depicts precisely to whom Greece has to repay its debts. According to official data by the European Union statistical office (EUROSTAT) and the Bank of Greece (BoG), Greece...