Calamos Supports Greece

Greek debt

Germans Protect Greek Restaurant from Racist Attacks

The Mayor and citizens of Kirchseeon in Germany joined together to support the owners of a Greek restaurant who have been receiving threatening racist letters and phone calls. Athos restaurant is located in Kirchseeon, a town 35 kilometers outside Munich....

Merkel Asks Greece to Step Up Reforms in Exchange of Aid

German Chancellor Angela Merkel said Greece must rebuild the trust of its euro zone partners and step up reform efforts in order to get further financial aid. The four-hour meeting between Greek Prime Minister Alexis Tsipras, the leaders of France...

Merkel: No Quick Solution for Greece, Europe Fails if Euro Fails

Greece has a long path to tread, because there is no quick solution to the debt problem, but everything can be achieved if there is unity in Europe, German Chancellor Angela Merkel said. Speaking to the German Parliament ahead of...

Obama Calls on Merkel to Find Realistic Solution on Greece

U.S. President Barack Obama called on German Chancellor Angela Merkel and requested finding a realistic solution on the Greek issue. The telephone conversation between the two leaders on Wednesday evening was about the European Summit on Thursday where European heads...

Greek Parliament President Presents Audit Committee of Public Debt

Parliament President Zoi Constantopoulou announced the establishment of an Audit Committee of Public Debt in a joint press conference on Tuesday, with ruling SYRIZA MEP Sofia Sakorafa and Belgian expert on odious debt Eric Toussaint, in charge of the...

German Politicians in Support of Greek Plea for War Reparations

Leading politicians from the junior partner in Germany's coalition government expressed their support to the idea that Germany should pay reparations from World War II to Greece, saying that it is their country's moral and legal duty. In an...

German Chancellor Merkel Believes the Eurozone Can Bear a Grexit But Fears Instability

German Chancellor Angela Merkel believes the Eurozone can bear a possible Grexit but worries about geopolitics, German senior officials said, according to Euro Insight. Europe’s Iron Lady appears determined to prevent Greece’s exit from the single currency by accident,...

The New Greek Government Refines the Art of Procrastination

In the past five months the words "critical Eurogroup" are repeated like a mantra on the lips of journalists and Greek citizens alike. Every Eurogroup since October, is like signifying the end of times, or Armageddon, like our flamboyant...

Greece in Danger of Being €3 Billion Short by April's End

Monday's Eurogroup did not come to a decision about Greece's bailout, thereby the European Central Bank cannot continue funding the country yet. Greece will be in a dire situation by the end of April, as Prime Minister Alexis Tsipras himself...

German Finance Ministry: Greece Has Paid Back €360 Mln in Interest

The German Finance Ministry has admitted that the austerity policy imposed on Greece is responsible for the economic crisis and the bankruptcy threat, according to a Rheinische Post report. The report is the result of a question posed by German...