Calamos Supports Greece

International Monetary Fund (IMF)

IMF Reiterates: Lowering Greece's Primary Surplus Target After 2022 is Imperative

The target of achieving a primary surplus of 2 percent of GDP after 2022 offered to Greece by its European lenders at the last Eurogroup meeting must be lowered, the International Monetary Fund's (IMF) spokesman Gerry rice said on...

Moscovici on Debt Relief Program: Greece’s Creditors 'Shouldn’t Play With Fire’

EU Economic and Financial Affairs Commissioner Pierre Moscovici said on Thursday that Greece's European creditors "shouldn't play with fire" in regards to the country's debt relief program, according to Reuters. The statement came after Athens pleaded its case to its 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...

Junker on Greek Debt: 'No Major Cuts in the Pension Sector Should be Pursued by Institutions'

As the institutions suggest more pension cuts for Greeks in order to cut back on government spending, the chief of the European Commission, Jean-Claude Juncker has spoken out against such an idea, calling for a real debt relief plan...

Institutions in Athens on Monday to Conclude Bailout Review and Discuss Debt

International institutions are due back in Athens on Monday to further discuss the bailout review and debt relief for Greece. Recently at their Spring Meetings in Washington, the International Monetary Fund (IMF) further discussed the issue of debt relief, but...

ΙMF’s Rice: Progress Made in Talks With Greece, Work Still Required

Progress has been made in the ongoing negotiations between the Greek government and the representatives of the institutions in Brussels but “more work will be needed to narrow the remaining differences” in pensions and labor reforms, International Monetary Fund...

Christine Lagarde’s Statement on the Explosion in the IMF’s Paris Office

Christine Lagarde, Managing Director of the International Monetary Fund (IMF), has made the following statement today in Frankfurt, Germany: “I have been informed about the explosion in the IMF's Paris office, which caused injuries to one of our staff. I...

IMF Spox: We Want a Clear Commitment Regarding the Restructure of Greece's Debt

During a press conference on Thursday, the spokesman for the International Monetary Fund (IMF), Jerry Rice, told reporters that his organization wants to participate in Greece's bailout, but only after they receive a solid commitment from all involved regarding debt...

IMF Confidential Report Looks at What Went Wrong

The International Monetary Fund (IMF) has constructed a 38-page document which details what went wrong so far in the bailout program as well what circumstances the organization might still participate in the Greek bailout, according to sources. According to the confidential...

Lagarde Assures Schaeuble: The IMF Plans to Stay Involved in Greece's Bailout Program

During the World Economic Forum in Davos this week, Christine Lagarde, the managing director of the International Monetary Fund (IMF), reportedly told German Finance Minister Wolfgang Schaeuble that her organization plans to stay engaged in the bailout talks for...