Calamos Supports Greece

International lenders

IMF's Thomsen: We Need More Realism in Assumptions and More Specificity About Greece's Economy

The International Monetary Fund's (IMF) European Department head Poul Thomsen said on Tuesday that his organization needs to see more realistic euro zone assumptions about Greece's economy as well as a detailed planned of debt relief measures for the...

Greece's Fin Ministry Sends Scrooge Christmas E-card Calling Out International Lenders

Reuters has reported that the press office of the Greek Finance Ministry recently sent an e-card of the stingy Ebenezer Scrooge to journalists in a not-so-veiled attempt to call out the country's international lenders who have imposed harsh austerities...

Greek Private Deposits Hit Their Lowest Level Since 2004

Amid fruitless negotiations between Greece’s anti-austerity coalition government and its international creditors over the terms of the current bailout program, Greek bank deposits fell in April to 139.4 billion euros, down from 145 billion euros in March, according to data released by the European...