Calamos Supports Greece

debt

Tsipras: 'We are Striving for Better Solutions on the Debt'

The government's strategic target was for Greece to be able to borrow directly from the markets after the current programme ends in August 2018, Prime Minister Alexis Tsipras said on Wednesday. Regarding Greece's debt, the prime minister said the government...

IMF Wants Deal on Debt Before Entering Greek Program, Says Spox

The International Monetary Fund (IMF) will not participate in the funding of Greece’s bailout program if there’s no “reliable strategy for the sustainability” of the country’s debt, the fund’s spokesman William Murray said on Thursday, during a regular press...

New Democracy Accuses Tsipras' Government of Implementing 'Poverty Plan'

"Alexis Tsipras' government implements with cynicism the poverty plan for the Greeks," main opposition New Democracy (ND) said on Tuesday following the release of figures on banking account confiscations. The press office of the main opposition accused the government of...

Debt Relief for Greece Essential, Peterson Institute Working Paper Concludes

Greece cannot sustain primary surpluses exceeding 3.5 pct of GDP for more than three or four years at most and will therefore need additional debt relief from its European creditors, according to a study published on the Peterson Institute...

The Government Will Not Legislate Without Comprehensive Agreement Including Debt

The government will not legislate if there is not a comprehensive agreement that will include the debt issue, government spokesman Dimitris Tzanakopoulos on Wednesday said in statements to Star TV. Tzanakopoulos expressed optimism that the negotiation on the second...

ND on Eurogroup Meeting: Greek Government Attempting to 'Fool' Its People

The return of the institutions to Athens is accompanied by additional concessions, painful measures and the government’s negotiating failures, New Democracy said on Monday after the end of the Eurogroup meeting in Brussels. “Once again, the government is attempting to...

ESM and EFSF Unblock Short-Term Debt Relief Measures for Greece

The boards of the European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) have approved the unblocking of short-term debt relief measures for Greece, the ESM announced on Monday. In a statement after the board meetings, ESM Managing...

Bruegel Institute Chief: 4th Bailout Seems Inevitable for Greece

Bruegel Institute Chief Zsolt Darvas said that there are two possible solutions for Greece's debt problems following 2018. One is huge debt restructuring or a fourth bailout program for the country. Speaking with Greek daily Ta Nea, the Hungarian economist...

Greek Crisis Sees Increase in Deaths Due to Medical Errors

The onset of the economic crisis in Greece has resulted in an increase in deaths due to medical errors, according to a new analysis by researchers at City, University of London, Surrey University and Stanford University that was published...

Attica Municipalities Given 2,129 Years to Pay off Debts

How long will it take for three of Attica's municipalities to pay off their debts? The answer is stunning, as according to an article published in the Greek newspaper, Kathimerini on Sunday, municipalities have until 4144 - that's right,...