Calamos Supports Greece

Greek bonds

FT: Greece Will Soon Return to Markets

"Greece will soon be able to return to markets" estimates a new article in the Financial Times. The 10-year Greek bond yields fell to 7.8% yesterday, reaching the lowest point since the crisis outbreak in early 2010, after yesterday's...

Greek Bonds Return World's Best

Greek bonds returned almost four times as much as any other government securities this year as the nation that sparked Europe’s sovereign debt crisis moved toward economic recovery after six years of contraction. Greece’s 47 percent year-to-date return was the...

Japonica's Kazarian: "Why and How I Bought Billions in Greek Bonds"

In a video interview with Greek Reporter, Japonica's founder Paul Kazarian explains his billion dollar investment in Greek bonds and talks about his accounting technique that rates Greece as A+. Paul Kazarian has had a thing for Greece since...

Greece Debt Free Donates 2M Euros

Greece Debt Free, a website set up with the intention of getting contributions to wipe out Greece's $390 billion debt and pay for years of wild overspending by successive governments, made a two million euros ($2.6 million) donation on...

Austria Will Give Greece Bond Profits

Austria’s Parliament has decided not to keep profits from its holding of Greek bonds and will return them to Greece in a grant to help the country try to recover from a crushing economic crisis and $390 billion debt. Austrian...

Greek Bond Costs Lower As Crisis Eases

Interest rates for Greece to borrow in 10-year bonds have come down to under 10 percent, showing investors are less anxious about the prospect of Greece defaulting or leaving the Eurozone as more international rescue loans are on the...

IMF: Implementation is Key for Greek Payment to Go Through

The main challenge for a disbursement under a Greek bailout package is the implementation of measures agreed to by Greece and finance ministers of the euro region, including a buyback of Greek bonds, an International Monetary Fund spokesman said,...

EU Gives Temporary Okay for Recapitalization of Banks

The EU Commission gave its temporary green light to the recapitalization of the main Greek banks - Alpha Bank, EFG Eurobank, Piaeus Bank and National Bank of Greece - through the Hellenic financial stability fund. "Greek banks are currently operating...

ECB Suspends Eligibility of Greek Bonds as Collateral

The European Central Bank said Friday it would suspend "for the time being" the eligibility of Greek sovereign bonds as collateral for its loans to banks. Greek sovereign bonds "will become for the time being ineligible for use as collateral...

Cyprus: Possibility to Turn to EFSF “Serious”, Says Government

There is a serious possibility the Cyprus government might have to turn to the European Financial Stability Facility (EFSF) in order to get support for its banking system, Acting Government Spokesman Christos Christofides said on Tuesday. Speaking to the press,...