Calamos Supports Greece

Eurogroup

Greek FinMin Varoufakis Presents the '10 Reforms Proposal' Amid Grexit Concerns

The end of the crisis will not come if Greece says yet another "yes" to the program. If the drug was bitter but effective we would have taken it, but the drug is "toxic" and even the doctor knows...

The New Greek Government Promises Everything to Everyone But Creditors

The announcement of the new Greek government policy by Prime Minister Alexis Tsipras was very touching to a populace that has suffered five years of harsh austerity measures. He spoke soothingly and full of emotion. He aimed to restore...

EC Officials Leave Greece Frustrated After Meeting with FinMin and Deputy PM

President of the Euro Working Group Thomas Wieser and EC financial representative Declan Costello left Athens empty-handed after meeting with Greek Finance Minister Yanis Varoufakis and Deputy Prime Minister Yiannis Dragasakis. According to a Proto Thema report, the two men...

Scenarios on Greece's Current Position

Greece is in the center of media attention across the world this week. Reuters published an article on the possible scenarios that may play out over the next days and Thursday’s EU summit. The week will begin with the G20 Finance Ministers'...

Cyprus to Support Greek Positions at Eurogroup, EU Summit

A number of Cypriot government officials on Saturday indicated that Cyprus will support Greece's positions during discussions at European bodies. In statements to Cypriot state radio station RIK, government spokesman Nikos Christodoulides said that Cypriot President Nicos Anastasiades will underline...

IMF Chief and ECB Chief to Attend Eurogroup on Greece

International Monetary Fund Managing Director Christine Lagarde is to meet Finance Minister Yanis Varoufakis for the first time face-to-face on Wednesday during the emergency Eurogroup meeting being held to discuss the future of the Greek program. There is a...

Cabinet Puts Final Touches to Policy Statements to be Unveiled on Sunday

A cabinet meeting chaired by Greek Prime Minister Alexis Tsipras on Saturday concluded a meeting that put the final touches to the policy statements that will be unveiled in Parliament on Sunday. Government sources said that these will be divided...

Dijsselbloem: Euro Area Will Not Approve Greek Request for Bridging Program

Eurogroup President Jeroen Dijsselbloem has ruled out a "bridging program" requested by Greece until it can negotiate a new agreement for the country's debts, Bloomberg reported on Friday. “We don’t do bridging loans,” Dijsselbloem told reporters in The Hague, when...

Greek Govt: Not a Single Step Back in Negotiations

The Greek government is sending a double message to its European partners and the country’s creditors ahead of the emergency Eurogroup meeting to be held in five days and in the wake of Berlin's and European Central Bank's (ECB) persistent...

Europe Sends 5-Day Ultimatum to Greece

Wednesday's emergency Eurogroup will be crucial for Greece as its European partners will judge the country's proposal for a new bailout program. The new Greek government has five days to come up with a new, satisfactory financial aid plan as...