Calamos Supports Greece

François Hollande

Samaras Says Cash Running Out, Aid Needed Now

Greece will run out of money in mid-November and needs to receive a delayed $38.8 billion installment from its bailout package as soon as possible, Greek Prime Minister Antonis Samaras said on Oct. 19. “On the 16th of November the...

French PM Jean-Marc Ayrault Supports Giving Greece More Time on Deficit

Greece should be allowed more time to meet deficit targets set by international lenders provided it is sincere about reforming its economy, French Prime Minister Jean-Marc Ayrault said on Sunday. Near-bankrupt Greece needs the European Union and International Monetary Fund's...

Dutch Prime Minister: No More Aid for Greece

Dutch Prime Minister Mark Rutte promised voters that the Netherlands won΄t give any more aid to Greece if he remains in power, and said it may be inevitable that Greece will leave the euro zone. Mr. Rutte, who made the...

No Wiggle Room for Greece, Merkel Ally Says

The parliamentary head of Angela Merkel's party warned Sunday that crisis-wracked Greece had "no room for manoeuvre" ahead of talks this week between the German chancellor and the Greek prime minister. Volker Kauder, parliamentary group leader of Merkel's conservative bloc,...

Greece to Request More Time to Implement Austerity

Greek prime minister Antonis Samaras will formally ask for the terms of the county's aid package to be relaxed next week, the Financial Times is reporting this morning. The FT has got hold of a document outlining Samaras' plans for...

Juncker to Visit Athens August 22

Jean-Claude Juncker, head of the eurozone finance ministers group, will visit Greece on August 22, the office of Greek Prime Minister Antonis Samaras said Friday. Greece has been bailed out twice by the European Union and International Monetary Fund, with...

Troika Αudit Will Take Weeks

The Troika of international lenders will return to Greece next week to review its performance and their audit is likely to take weeks rather than days, a German government source said on Thursday to Reuters. The officials from the European...

French President Hollande Warns Greece to Respect its Commitments Referring to Probable Euro Exit

The newly-elected French President Francois Hollande gave an exclusive interview to Greek TV station Mega with journalist Olga Tremi on Wednesday, June 13th. In his statements he warned that some countries in Europe would want Greece to be forced out...

Hollande Wants Greece to Choose Europe

French President Francois Hollande said that he wanted Greek voters to "choose Europe" in upcoming polls and branded remarks by the IMF chief that Greeks dodged taxes as disrespectful. "The Greeks must face their responsibilities -- be aware that what...

Merkel and Hollande Promise to Help Greece Stay in Euro Zone

France and Germany have promised “additional growth measures” to ensure Greece remains within the euro zone. On his inaugural visit to Berlin, French president François Hollande said he felt a “responsibility” to offer a “sign” of hope to Greek voters,...