Calamos Supports Greece

Jean Claude Juncker

Eurozone Talks Break Down, No Aid for Greece Yet

After 12 hours of talks in Brussels between Eurozone finance chiefs and International Monetary Fund Managing Director Christine Lagarde failed to reach an agreement on how to manage Greece's runaway debt and unlock a long-delayed $38.8 billion loan, Prime...

Juncker Says Euro Zone Threats do Not Help Greece

Eurogroup President Jean-Claude Juncker took aim at Austria, Germany and the southern German state of Bavaria on Saturday for suggesting that a Greek exit from the euro zone was looming. "Threats in the Austrian, German or Bavarian language that Greece...

Lagarde Assures All Partners Have Same Aim to Rescue Greece

The International Monetary Fund (IMF) has given an assurance that "all partners share the same objective" to rescue Greece's economy. "All partners share the same objective and concern to make sure Greece is back on track and can return to...

Eurozone to Meet Again on Greek Aid, Clashes with IMF

Eurozone finance ministers agreed Monday to meet again November 20 to clear the way for a long-delayed Greek aid payment, but a proposal to change its debt reduction deadline sparked the ire of the International Monetary Fund. Eurogroup head Jean-Claude...

Eurozone Greek Conference Call Set for Wednesday

Eurozone finance ministers will hold a conference call Wednesday on Greece, which is seeking the long-delayed payment of debt rescue funds to avoid bankruptcy next month, a spokesman said. A conference call on Wednesday has been confirmed, said a spokesman...

Eurogroup: IMF Says Greece Must Do More Before Loan Disbursement

Greece's official creditors failed to make any visible headway Monday in averting the country's looming debt crunch, drawing a diplomatic veil over suggestions of "heated" exchanges at their latest meeting. International Monetary Fund Managing Director Christine Lagarde and EU officials...

Decisions on Aid Plan in Second Half of October

Jean-Claude Juncker, the head of the eurogroup of finance ministers, says Greece will not learn whether it΄s done enough to get its next batch of bailout cash for at least a month. Juncker says Friday at an informal meeting of...

Eurozone Chief Juncker SnubsTsipras

Jean-Claude Juncker, the Luxembourg Prime Minister who also heads the Eurozone of the 17 countries using the euro as a currency will not meet with Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras, the main opposition group...

Westerwelle: Germany Will Not Soften Greek Demands

Germany will not substantially soften its agreements with Greece, its foreign minister Guido Westerwelle said on Monday according to Reuters, after meeting with his Greek counterpart Dimitris Avramopoulos. Greece is expected to lobby for a two-year extension when its Prime...

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...