Calamos Supports Greece

Greek bailout

Troika Threatens Greece with Liquidity Suspension

  As reported by German financial review "Handelsblatt," the Troika of Greece’s lenders has threatened the country to suspend the provision of liquidity, unless an agreement is reached for the completion of the Greek program's final review. Such a development...

Six-Month Extention in Greek Program Under Consideration, New Review Deadline on December 14

The possibility of extending Greece 's bailout program by six months, to mid 2015, is being considered by the Eurozone Finance Ministers, according to a document obtained by Reuters, while Athens insists it is only discussing an extension of a...

HIV Infections in Greece Decrease After Recent Spike

The Hellenic Center for Disease Control and Prevention (KEELPNO) has recently announced that the number of HIV infections in 2013 fell for the first time since the financial crisis hit Greece. According to KEELPNO's annual report, published earlier today, the number of new...

Greek PM Samaras: Greece will not Need a New Bailout Loan

On Saturday, Greek Prime Minister Antonis Samaras tried to gather the support of his party members and MPs ahead of a confidence vote on Monday, while slamming the stance of main opposition party SYRIZA, during an event to mark...

ESM: EU, IMF "In No Mood" for Greek Debt Haircut

European Stability Mechanism (ESM) Managing Director Klaus Regling stated to Greek newspaper "Realnews" that Greece’s international lenders are “not in the mood” to consider a debt haircut. "There is no political mood in the EU or the IMF for a Greek...

Three Bids for Mobile Phone Frequencies Sale

Greece has received three bids for the sale of mobile phone frequencies aiming to the developement of the Greek telecom services. Greece's major telecom operators OTE, Vodafone and Wind Hellas have submitted their offers to buy mobile radio frequency rights within the...

Samaras: Greece Does not Need Additional Loans

Greek Prime Minister Antonis Samaras rules out any discussion on the possibility of a third memorandum in an interview with "Real News" Sunday newspaper. Samaras stated that the country does not want additional loans and the Troika will leave after...

CNBC: Greek Government Back To School

“It's back to school for the Greek government as it tries to show it is leaving the chaos of its crippling debt and economic crisis behind and can now stand on its own feet,” CNBC reports. At its meeting with...

Renzi: EU Saved Greece to Rescue Banks

A few days after his meeting with his Greek counterpart Antonis Samaras in Florence, the Italian Prime Minister Matteo Renzi brought Greece's bailout as an example to denounce the EU power mechanisms. Greece was bailed out by the European Union because it had borrowed...

IMF Approves Next Tranche of Greece's Bailout

The International Monetary Fund (IMF) approved the disbursement of a €3.41 billion installment of Greece’s bailout package on Thursday, ending six months of protracted negotiations. During its meeting, the IMF board reviewed the latest report submitted by the head of its...