Greece
Calamos Supports GreeceCalamos Supports Greece

Greek bailout

IMF: Progress Made but Significant Backlog

Talks between Athens and its eurozone and IMF creditors have been dragging for months and the effort to bridge the gap in bailout negotiations is focused on debt relief and budget targets for austerity-stricken Greece. The IMF says that...

German FinMin Schaeuble Expresses Optimism On Greek Bailout Deal

Even though negotiations between Greece, the country's creditors and the European Union have been ongoing for months, German Finance Minister Wolfgang Schaeuble showed optimism that a deal would come to fruition soon, while also adding that he was unsure...

Moscovici: Technical Deal on Greek Bailout Possible in Coming Weeks

European Commissioner for Economic Affairs, Pierre Moscovici, in an address to the European Parliament in Strasbourg, stated that “We continue to believe that a staff level agreement in the coming weeks is not only possible but also necessary to limit...

EU’s Juncker: Eurozone Lenders and Greece Should Achieve Technical Deal by April 7

European Commission President Jean-Claude Juncker said on Friday that eurozone lenders and Greece should reach a technical deal before a meeting of eurozone finance ministers on April 7, as reported by Reuters. The IMF is pushing Greece on the contentious...

Debate on Debt Measures to Open After Technical Agreement, Gov't Spokesman Tzanakopoulos Says

After the technical agreement on the reforms by August 2018 and the change of policy mix for 2019, the way will open for the discussion of medium term measures on the debt as well as the medium term primary...

Schaeuble: Future Measures Should be Accepted by the Opposition

"In all cases of assistance programs to States, institutions are always warning that decisions on measures for the future should be accepted by the opposition, if there are elections in the near future. It is not a new thing,"...

Greece Will Go Bankrupt Without IMF, Says Eurogroup's Dijsselbloem

Head of the Eurogroup Jeroen Dijsselbloem commented on Tuesday in the Dutch Parliament that Greece will go bankrupt should the IMF decide not to participate in the third Greek program. Dutch newspaper, Financieele Dagblad, reported that Mr. Dijsselbloem expressed this...

Dijsselbloem: February 20 Deadline Will Not Be Met

The evaluation of the Greek plan will not be completed in time for the next Eurogroup scheduled in Brussels for February 20, said Eurogroup President Jeroen Dijsselbloem, as reported by Reuters. He noted that the participation of the International...

Eurogroup's Dijsselbloem: No IMF in Greek Bailout, No Netherlands

  Only one day after Eurogroup's Jeroen Dijsselbloem stated that the IMF's take on the Greek debt was "unnecessarily Pessimistic," the finance minister warned that without the Fund's participation in the Greek bailout, the Netherlands would also withdraw. He stated that...

Gov Sources Report: No Additional Commitments in Finance Minister's Letter to ESM

Almost as soon as he signed it, Greek Finance Minister Euclid Tsakalotos is reserving the right to change a guarantee he gave the country’s international lenders not to hand out bonuses without their permission. Prime Minister and Radical Left SYRIZA...