Calamos Supports Greece

foreign lenders

Moody's Upgrades Greece's Sovereign Bond Rating to Caa2, Changes Outlook to Positive

Ratings agency Moody's announced on Friday it is raising Greece's credit rating one notch from "Caa3" to "Caa2", citing the successful completion of the second program review, the improved fiscal prospects, as well as tentative signs the economy is...

ND on Eurogroup Meeting: Greek Government Attempting to 'Fool' Its People

The return of the institutions to Athens is accompanied by additional concessions, painful measures and the government’s negotiating failures, New Democracy said on Monday after the end of the Eurogroup meeting in Brussels. “Once again, the government is attempting to...

Swift Bailout Completion Means Faster Privatization Revenues, Official Says

According to a senior official at Greece's privatization fund, much is hinging on the country receiving and completing a swift bailout program, Reuters reports. On Saturday the senior official commented that as talks between Athens and foreign lenders over energy...

Athens Wants Foreign Lenders to 'Acknowledge Progress' Made During Bailout

As Athens continues to wait for the conclusion of the second bailout review from its lenders, on Tuesday, government spokesman Dimitris Tzanakopoulos said that he wants the foreign finance ministers to “acknowledge progress” Greece has made. According to Reuters, Tzanakopoulos...