Calamos Supports Greece

Greek programme

PM Tsipras: European South is not Europe's Poor Relative

"I want to express my pleasure that the EU Mediterranean countries informal Summit proved that the European south has a future," said Greek Prime Minister (PM) Alexis Tsipras, in the joint statements with seven country leaders after the completion...

Dombrovskis: 'Not Helpful' to Return to Economic Instability When Greece Was on Verge of Growth

To return to a period of economic instability and fruitless discussion on the Greek program at a time when Greece was once again on a path to growth was not helpful, European Commission Vice-President in charge of the Euro...

IMF Still at Odds With Germany, Insists Greek Program Is Not Sustainable, Sources Say

Greece's debt will be discussed in an International Monetary Fund (IMF) executive committee meeting on February 6, reliable sources reported on Thursday, noting that the fund's political disagreement with Germany continues. The debt sustainability report to be presented at the...

ESM and EFSF Unblock Short-Term Debt Relief Measures for Greece

The boards of the European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) have approved the unblocking of short-term debt relief measures for Greece, the ESM announced on Monday. In a statement after the board meetings, ESM Managing...

Greece Must not be Presented with Forever Greater Demands, Moscovici Notes

It was natural for Greece's partners to expect that the country meet its commitments but only these and not constant additional demands, European Commissioner for Economic and Financial Affairs Pierre Moscovici indicated in an interview with the Greek daily...

Interior Minister: The Greek Program Can Proceed Without the IMF

The Greek program can proceed without IMF's participation, stated Interior Minister Panos Skourletis on Monday adding that a political interlocutor is better than an inflexible technocrat that wants to implement recipes that did not have positive results in most...

IMF's Withdrawal from Greek Programme Does Not Mean New Memorandum, Say Gov't Sources

A possible IMF withdrawal from the Greek programme does not mean a new memorandum, government sources said on Friday, noting that an agreement exists and maybe this agreement needs to pass from the German parliament. According to the same sources,...

European Institutions 'Surprised' by IMF Blog on Greek Programme, ESM Spokesman Says

European Commission spokeswoman Annika Breidthardt on Tuesday said that the Greek programme is absolutely credible when asked to comment on IMF officials statements on Monday on IMF's blog. "We read very carefully the post of IMF officials" said Breidthardt adding...

IMF Not Asking for Additional Austerity in Greece, Spokesman Gerry Rice Says

The International Monetary Fund (IMF) welcomes the adoption of short-term measures for Greece's debt but these may not be enough to make the Greek debt sustainable in the medium- and long-term, IMF spokesman Gerry Rice said during the regular...

PM Tsipras: 'A New Period of Growth with Fairness' is on the Way

A new period has begun in which the government's aim will be growth with fairness, Greek Prime Minister Alexis Tsipras said in an interview with the newspaper "Efimerida ton Syntakton' published on Sunday. "Growth because the country and the economy...