Calamos Supports Greece

Greek exit

Leaked NSA Intercepts: Hollande vs Merkel for the Fear of Grexit!

Fearing the potential impact of Greece eventually exiting the Eurozone on the French economy, President Francois Hollande held a secret meeting with the German Social Democratic Party leaders behind Angela Merkel’s back in 2012, NSA intercepts show. The NSA intelligence...

Moscovici: EU is not Reviewing a 'Plan B' for Greece

The European Commission wants Greece to stay in the Eurozone and is not reviewing a "Plan B" on the country's exit from the monetary union, EU Commissioner for Economic and Financial Affairs, Taxation and Customs Pierre Moscovici said in...

Credit Agricole First-Quarter Profit Jumps After Greek Exit

Credit Agricole SA Tuesday said first-quarter net profit jumped 51%, as the French bank draws a line under its disastrous foray into Greece, and slims down its investment bank to cope with Europe's sovereign-debt crisis. "Credit Agricole is now in...

El-Erian Sees Chances of Grexit 60-70%

Pacific Investment Management Co’s Mohamed El-Erian said Greece remains likely to quit Europe’s common currency. The chances of a Greek exit are between 60 and 70 percent, El-Erian, chief executive officer at PIMCO, said during an interview on Tuesday with...

FT: Berlin Is Preparing For Greek Exit From Eurozone

Germany's preparations for a possible Greek exit from the Eurozone are more intense than previously known, the German daily Financial Times Deutschland reported Friday, citing sources in the finance ministry. According to the report, the finance ministry has created a...

Juncker Says Greece will not Leave Eurozone

Greece will not leave the euro zone, Eurogroup chief Jean-Claude Juncker was quoted as saying on Saturday ahead of his talks in Athens on the country possibly being given more time to implement austerity cuts. "No, I don't think it...

Latest Poll Reveals About Half of Germans Favour Eurozone Without Greece

Nearly half of Germans think the eurozone would be better off without Greece, according to a survey to be published in the German weekly news magazine Focus on Monday. The poll by the Emnid Institute found that 49 percent of...