Calamos Supports Greece

Donald Tusk

European Commission Leaders React in Frustration to Tsipras' Rejoinder

Greek Prime Minister Alexis Tsipras took the podium again after European lawmakers commented on his speech to the European Parliament. Tsipras said in his rejoinder that the discussion is about the Eurozone's future. The confrontations only had political content...

Greece Euro Summit Ends Without Agreement – Greek Proposals Due Thursday

After more than three hours of talks, Tuesday's Euro Summit decided that there will be another European Union summit this upcoming Sunday to discuss the Greek government's new bailout proposals expected in writing by July 9. Earlier at the Eurogroup,  the nineteen Eurozone finance ministers...

Donald Tusk Calls Euro Summit on Tuesday

The rejection of the creditors' proposed bailout in Sunday's Greek referendum has not only raised questions about the future of Greece but also of the Eurozone. In response to these developments and to German Chancellor Angela Merkel and French President Francois Hollande's call for an...

EU Rejects Bailout Extension Request From Greece

European Council President Donald Tusk rejected Greek Prime Minister Alexis Tsipras request to extend the bailout loan period to Greece for about a week, until the debt-ridden country holds a referendum about its future. Tusk told Tsipras on Monday hat...

European Commission President: 'Saturday Is Crucial For All Europeans'

Saturday will be a crucial day not just for Greece but for Europe as well, European Commission President Jean-Claude Juncker said on Friday during a joint press conference with European Council President Donald Tusk, following the summit meeting in...

Greek PM Tsipras: 'Don't Underestimate the Point a Nation Can Reach when Humiliated'

Greek Prime Minister Alexis Tsipras had an intense dialog with European Council President Donald Tusk during the Euro Summit in Brussels on Thursday, government sources said. "Unfortunately, the institutions' proposals reflect the most extreme positions expressed by the IMF. The...

Eurogroup Meeting Suspended Without Reaching Agreement

While European leaders are preparing for the summit, the European finance ministers Eurogroup started its second meeting in less than 24 hours. Both sides presented their reform proposals, however they were not able to reach an agreement and resolve...

No Agreement on Greece But Optimistic Ending to Euro Summit

An emergency summit of Eurozone leaders broke up Monday night without an agreement on a Greek rescue, but there was optimism that a deal is very near. The mood improved thanks to a new Greek proposal that European Council President Donald Tusk called...

European Council President: 'Time for Greece to Choose'

"The situation of Greece is getting critical. The current economy consistency program to Greece runs out in eleven days. Four months of negotiations have not led to the necessary compromise," European Council President Donald Tusk said, delivering a video message...

No Greek Deal At Eurogroup Meeting – Euro Summit On Monday

Greece's game of reaching a bridging deal with its European partners during the meeting of Eurozone Finance Ministers on Thursday afternoon in Luxembourg seems to have been lost and plans are currently underway for a top political level meeting this coming Monday. European...