Calamos Supports Greece

Eurogroup

'Overwhelming Odds’ in Favor of a Deal With Creditors by Sunday, Says Government Spox

It is extremely likely that negotiations between the government and the mission chiefs institutions on Greece’s second program review will conclude by Sunday, government spokesman Dimitris Tzanakopoulos told public broadcaster ERT, in an interview on Thursday night. “There’s no concern...

Dijsselbloem: Agreement on Final Package to be Reached Soon

"I hope the procedures to have been completed before the end of May," said Eurogroup chief Jeroen Dijsselbloem addressing on Thursday the European Parliament during a debate on the Greek program. On his part European Commissioner Pierre Moscovici noted that...

Europe-IMF Still Disagree on Greek Debt Relief Measures, Primary Surpluses

European creditors and the International Monetary Fund are still in disagreement over debt relief measures for Greece, as time is running out for the completion of the bailout program evaluation. The IMF Spring Meetings in Washington did not go as...

Regling: Greece May Return to Markets Before End of Bailout Program

Greece’s fiscal consolidation has been positive and strong and the country could return to the markets before the end of the current bailout program next year, European Stability Mechanism head, Klaus Regling, said in a speech at the Atlantic...

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...

There Will be No Fourth Memorandum, German FinMin Schaeuble Reassures

There will be no fourth memorandum, German Finance Minister Wolfgang Schaeuble on Tuesday said in statements to Deutsche Welle TV. The aim of the current programme, he said, is Greece to tap the markets and meet its financing needs. On...

Greek PM Tsipras: Debt Relief Prerequisite to Legislate New Measures

The mid-term debt relief measures so that Greece can enter the quantitative easing (QE) program is the prerequisite to vote for the new measures, Greek Prime Minister Alexis Tsipras said on Sunday. Addressing the SYRIZA Central Committee, the party leader...

Greek Government Celebrates More Austerity Measures

In debt-ridden Greece all logic seems to be lost after Friday's announcement by Eurogroup chief Jeroen Dijsselbloem that the second bailout review is close to being completed and lenders will return to Athens to iron out the final details....

Greece, Creditors Reach Initial Agreement on Bailout Program Review

Greece and creditors came to an agreement for new fiscal measures that would be implemented in 2019 and 2020, thus unblocking talks on the bailout program review. Coming out of the meeting of euro zone finance ministers in Valletta, Malta,...

German FinMin Backs Down on Greece's Bailout Review Stalemate

German Finance Minister Wolfgang Schaeuble is to back down on today's (Friday) meeting of euro zone finance ministers in order to unlock the bailout review negotiations between Greece and creditors, according to a Euro2day.gr report. "The position of German Finance...