Calamos Supports Greece

Eurozone

Greek PM Tsipras: Hero or Clown? Cartoonists Can't Decide

(Joep Bertrams) Newly-elected Prime Minister Alexis Tsipras is an enigma to Greek people, the European Union and those who follow politics around the world. The 40-year-old leader of the leftist SYRIZA party has won January's Greek election promising crisis-stricken Greek...

JP Morgan: Greek Banks Will Not Have Any Liquidity Problems

Greek banks will not have any liquidity problems following the European Central Bank's (ECB) decision not to accept Greek bonds as collateral, as banks will use the Emergency Liquidity Assistance (ELA) mechanism, JP Morgan said on Thursday. The US investment bank...

Greek FinMin Varoufakis: The Only Thing We Want Is Some Time

"The only thing we ask for is not to be put under pressure by means of an ultimatum. To give us time until the end of May or the beginning of summer to be able to put our suggestions...

Greek Stock Market in Free Fall After Punitive ECB Announcement

The Athens Stock Exchange opened in free fall today, with -10% losses, following an announcement by the European Central Bank saying it lifted its waiver on credit requirements for assets posted as collateral by Greek financial institutions. At 10.41am...

The Super Powers of Greece's Finance Minister Yannis Varoufakis

Greek Finance Minister Yianis Voaroufakis has turned into a symbol of hope for many austerity-stricken Greeks and other Europeans that have seen their quality of life degrading as a result of EU's austerity-driven policies. Greek Prime Minister Alexis Tsipras was...

FT: 'European Central Bank to Reject Greek Bailout Plans'

The European Central Bank is unwilling to raise Greece’s Treasury bill issuance ceiling from the current 15 billion euros to 25 billion euros, according to a report in the Financial Times. The financial newspaper cites two European officers involved in...

Eurogroup 'Likely' to Meet on February 11 to Discuss Greece

Eurozone finance ministers are "likely" to hold an extraordinary meeting in Brussels on February 11, on the eve of the European Council, to find a common solution concerning Greece’s request to relieve its debt, a source close to the...

French FinMin: Greece Cannot Play France off Against Germany

France's Finance Minister Michel Sapin warned Athens against any attempt to play Paris off against Berlin over Greece's debt crisis, saying a Franco-German agreement is key to striking a deal that would help Greeks and ensure they meet their commitments,...

'Greece: The End of Austerity? – Watch the New Movie on How SYRIZA Came to Power

  "Syriza had 22 days to make history. This is how they did it," says director Theopi Skarlatos describing her latest documentary "Greece: The End of Austerity?" "We followed Syriza's activists, candidates and leadership from the waterfront, to remote mountain villages, to...

Belgian PM Calls on Greek Government to Clarify its Program

Belgian Prime Minister Charles Michel on Monday called on the Greek government to clarify its program while he also expressed his support of European integration. Addressing the annual meeting of the heads of the country's diplomatic missions, the Belgian Prime...