Calamos Supports Greece

Euclid Tsakalotos

Eurogroup President: 'We Hope We Get Greek Proposal Tomorrow'

Eurogroup President Jeroen Dijsselbloem said that he expects Greece's new proposal on its debt the latest by tomorrow because the time frame for Greece is increasingly short. "We believed that there will be proposals, we must have new proposals sent...

U.S. Urges Greece and Europe for Swift Solution to Greek Debt Crisis

United States Treasury Secretary Jack Lew told Greece’s Prime Minister Alexis Tsipras and newly appointed Finance Minister Euclid Tsakalotos, that Washington "looked forward" to a swift resolution to the Greek debt crisis that affects Europe. Lew said he hoped a...

Euclid Tsakalotos Takes Over Greek Finance Ministry

The Greek Finance Ministry had a change in leadership on Monday after Yanis Varoufakis resigned from his post and Euclid Tsakalotos was officially inaugurated as the new Finance Minister. The two men held a joint press conference in which Varoufakis made...

Euclid Tsakalotos Is the New Finance Minister of Greece

Greek Prime Minister Alexis Tsipras has appointed Euclid Tsakalotos as Greece's new Finance Minister after the resignation of Yanis Varoufakis. Tsakalotos was Alternate Minister of International Financial Affairs and had been appointed as chief of Greece's negotiating team after lenders...

Most Likely Greece's Next Finance Minister

After Yanis Varoufakis' resignation, Greek negotiations team member Euclid Tsakalotos is the most likely person rumored to become Greece's next Greek finance minister. According to Greek government sources Tsakalotos is expected to take over today after an emergency Greek party leaders...

Greek Alt Min: Tsipras Called for a Referendum Otherwise the Govt Would Have Fallen

Greece's Alternate Minister for International Economic Relations Euclid Tsakalotos told CNN on Thursday that the Greek government decided to hold a referendum otherwise it would have fallen. The Minister repeated the same on Greek television on Friday morning. Tsakalotos, the head...

Euclid Tsakalotos: 'Institutions' Greater Flexibility Would Be A Great Idea'

Greece's Alternate Minister for International Economic Relations Euclid Tsakalotos presented on Tuesday his own version of what caused the breakdown in talks between Greece and creditors. According to the Greek negotiating team's head coordinator, at least part of the problem was a...

Greek FinMin Varoufakis: 'Greece Will Not Make IMF Payment'

Greek Finance Minister Yanis Varoufakis stated that Greece will not pay the 1.6-billion-euro installment to IMF, which is due today, Tuesday June 30, while speaking to journalists outside the Finance Ministry. However, the Greek government still hopes to reach a...

EU-Athens: Attempting to Bridge the Gap

Away from the limelight and the media, Greek Alternate Foreign Minister for International Economic Relations Euclid Tsakalotos and Greek State Minister Nikos Pappas attempted to bridge the gap between Greece and its creditors, and pave the way for the...

Coordinator of Negotiation Group Tsakalotos in Brussels on Monday

Greek Alternate Foreign Minister for International Economic Affairs and coordinator of the Greek negotiation group Euclid Tsakalotos leaves on Monday for Brussels, following days of acrimony over rival reform proposals for a deal that will unlock Greece’s last remaining...