Calamos Supports Greece

Eurozone

Dijsselbloem: We See Progress in Greece

"Greece has achieved a lot and we look forward to the completing the evaluation," said the Greek Minister of Finance, Giannis Stournaras, outside the meeting with the Eurogroup, in Brussels. The Greek Minister of Finance also said he expects the...

Troika Puts Off Athens Return

They're coming. They're not coming. They're coming. Turns out they're not coming. Envoys from Greece's international lenders, who've been in and out of Athens, now said they have postponed a scheduled return next week that was supposed to restart...

EPP’s Daul Optimistic on Greek EU Presidency

The head of the European People’s Party (EPP) in the European Parliament Joseph Daul has expressed his confidence that the Greek government, to preside over the European Union Council in the first half of 2014, will lead the EU...

Greece's Prime Minister Vows: Greece Will Never Leave The Eurozone

Greece's Prime Minister, Antonis Samaras, vowed Saturday that his country will never leave the Eurozone. "What we're living through now is a Greek recovery," Samaras said at an economic conference organized by German daily Sueddeutsche Zeitung in Berlin. "So, I...

IMF Says Greece Can Wait For Loans

Despite a continued delay in the release of a one billion euro ($1.37 billion) installment from international lenders, Greece has enough liquidity to wait for the money to be disbursed, the International Monetary Fund's spokesman said. “The timing of the...

Dijsselbloem: "Losing Patience" With Greece

Eurozone finance ministers are "losing patience" with Greece, Eurogroup president Jeroen Dijsselbloem told a Greek daily, as the crisis-hit country prepared to unveil its next budget on Thursday. "Many finance ministers of the eurozone are starting to lose patience,"...

Greece Not Alone: EU Jobless Rate Soars

As Greeks took to the streets on Oct. 31 to protest a broken promise by the government not to make permanent a temporary property tax that effectively doubled the fee, statistics showed that the number of unemployed in the...

Spiegel: Who’s Responsible for the Greek crisis?

The online Spiegel publication support that the financial downturn is affecting mostly the middle class in Greece. This publication is connected to research made by Fragiska Megaloudi and Stelios Papardelas who are referring to problems that the economic crisis...

Greek Public Debt Reaches 169.1 percent of GDP

According to data released recently by Eurostat and the European statistics authority, the public debt in 24 countries of the European Union rose during the second semester of 2013. According to the same source, the public debt of Greece stood...

Eurostat: Greece has the Highest Debt in the EU

Greece has the highest debt in the Eurozone, with 156% of GDP for 2012, while its deficit was the second highest both in Eurozone and the EU, at 9%. More specifically, according to the data published by the Statistical Office...