Calamos Supports Greece

European Commission

No Progress on Greek Issue from Euro Working Group

No progress was made on the Greek issue in Wednesday's Euro Working Group in Brussels as there was no discussion for partial disbursement of the tranche Athens is hoping for. The Euro Working Group's 18 Finance Ministers met to prepare the informal...

President Pavlopoulos: Greece's Future Lies in the EU and the Eurozone

His belief that Greece's future lies within the European Union and the Eurozone expressed the newly elected President of the Hellenic Republic, Prokopis Pavlopoulos, earlier today, following a meeting with the head of the European Union's delegation in Athens, Panos Karvounis. Pavlopoulos highlighted that the...

Greece Has Not Asked For Russian Aid, Official Says

An unnamed Greek government official has ruled out scenarios that Greece have asked Russia for financial support in order to cope with both its internal and external commitments. "We have not asked for financial aid. We want to solve our...

Greek PM Tsipras Ranks 13th in Salary Among European Leaders

Greek Prime Minister Alexis Tsipras ranks 13th in salary among the 21 heads of state of the European Council, according to a Eurostat survey. The highest-paid top official in Europe is European Commission President Jean-Claude Juncker, while European Council President...

Euro Working Group Teleconference on Greece Produces No Decisions

With no significant decisions, as expected, concluded the Euro Working Group (EWG) teleconference about Greece. According to a Eurozone source the discussion between the single currency's Deputy Finance Ministers lasted less than two hours and the member states' representatives...

Greek Government to Examine Memoranda Period; Austerity Measures

The newly elected leftist-led Greek government coalition is expected to submit a proposal for the creation of a committee to examine the previous governments' handling of the country's debt crisis. Specifically, according to government sources, the so called «memorandum examination...

European Commission: No Deal Reached With Greece Yet, Talks Will Resume

Talks between Greece and its international creditors have not been proven fruitful, although the negotiations are expected to continue, a European Commission representative said earlier today. "The constructive talks are ongoing since Friday but we are not there yet, so...

Uncertainty in Brussels Over Greece-Creditors Negotiations

The progress of negotiations between Greece and its creditors in Brussels has created uncertainty as technocrats insist that the Greek government must rush things for the release of further aid while European Union sources say that there will not...

Travelling in Space from the Greek Capital

A pleasant surprise awaits Greek citizens passing through Syntagma Square in downtown Athens, Greece . A white dome has been set up as part of the European Space Expo, where visitors will have the opportunity to learn about the benefits of...

Greek PM to Chair Cabinet Council Meeting on Sunday

Greek Prime Minister Alexis Tsipras will chair a meeting of the cabinet council in the Parliament building at 7 p.m. on Sunday, the government said Saturday. The council -- consisting of heads of ministries, state deputies and the government vice-president...