Calamos Supports Greece

Greek Bailout Package

German Government Responds to Die Wielt Story

The German government sought to distance itself from German newspaper Die Welt's article on the Greek government. Die Welt published an article over the weekend that described Greece as a ship without a captain, arguing that the Greek government is delaying the...

Greek Alternate FinMin: Despite Difficult Measures Greece Will Exit Recession

In the midst of high speculation that Greece will miss deficit targets required in the Bailout Deal, Greek Alternate Finance Minister Giorgos Chouliarakis commenced the discussion on the prior actions bill the Greek Parliament must legislate via a vote on Friday,...

European Commission President Pledges Assistance to Greece

European Commission President Jean-Claude Juncker is committed to help Greece as the country is carrying out the agreements outlined in the new bailout package, Greek media reports. The Greek parliament will have to adopt a series of prior actions during Friday's parliamentary vote...

Greece Could Miss Target On Bailout Actions; More Austerity Ahead

The Greek government could soon be under pressure to consider additional reforms and measures to achieve the agreed fiscal targets of the bailout deal, Greek media reports. The representatives of Greece's international creditors are currently in Athens in preparation of Friday's parliament vote...

IMF Disappointed With Lack of Reform Implementation in Greece

A recent IMF analysis noted that there have been major delays in the implementation of reforms in Greece, due to the election that took place in September, as written by a journalist in the German news magazine Der Spiegel. The...

Greek and Eurozone Officials Leak that Eurogroup Reaches an Agreement

The nineteen Eurozone Finance Ministers appear to have reached an agreement at the Eurogroup meeting being held now in Brussels. The agreed drafted outline will form the basis for keeping liquidity flowing to Greece, while extending the country’s bailout...

Schaeuble: Third Greek Bailout Package Can’t Be Excluded

Greece can achieve the goal of cutting debt to 120.5 percent of economic output in 2020 though a third bailout for the nation can’t be excluded, German Finance Minister Wolfgang Schaeuble said in an interview with De Morgen. “Nobody can...

Greece Battles to Salvage Bailout Package

Greece's leaders battled to salvage a new 130-billion-euro ($170 billion) EU/IMF bailout on Wednesday, rejecting doubts over their commitment to a punishing austerity package just hours before a conference call of euro zone finance ministers. But with mistrust of Athens...