Calamos Supports Greece

Jeroen Dijsselbloem

IMF Urges Greece to Maintain its Financial Lifeline

According to the head of the IMF’s European Department, Poul Thomsen, the precautionary programs proposed by the IMF for Greece will ensure the country’s smooth return to markets and ease ongoing financial assessments. The program is expected to form...

Dijsselbloem: Greece's Main Problems are Unemploment and High Debt

High debt and unemployment are the most important problems that the Greek economy is facing, Eurogroup President Jeroen Dijsselbloem told the Economic and Monetary Affairs Committee of the European Parliament on Thursday. Dijsselbloem had good things to say about Greece during...

Dijsselbloem Satisfied with Greece's Prior Actions

Following the conclusion of the Eurogroup meeting, its president Jeroen Dijsselbloem expressed his satisfaction for the completion by Greece of the six prior actions required for the disbursement of the 1-billion-euro loan tranche. According to Dijsselbloem, Finance Minister Gikas Hardouvelis...

Dijsselbloem: More Work Needs to be Done on the Greek Program

Speaking before the Eurogroup meeting in Brussels, German Finance Minister Wolfgang Schaeuble assured that there is no intention of modifying the growth and stability pact. In his statement, Schaeuble stressed that there was a need for further stimulating growth in...

Eurogroup: Greek Debt Relief Under Three Conditions

Lowering the Greek debt may begin only if three conditions are met first, stated Eurogroup president Jeroen Dijsselbloem at the end of yesterday's meeting in Luxembourg. The three conditions include completing the prior actions, achieving a primary surplus and assessing...

Dijsselbloem: Third Bailout Program for Greece is Possible

Jeroen Dijsselbloem, the head of the Eurogroup, left open the possibility of a third bailout package for Greece two days after Wolfgang Schaeuble, the German Finance Minister, had made similar statements that caused the reaction of Greek government. "How much money...

Dijsselbloem: Greeks Struggling Despite Primary Surplus

The Chairman of the Eurogroup Jeroen Dijsselbloem, speaking in a conference on Europe in the "Hertie School of Governance" in Berlin, Germany, said that although numbers show prosperity, the citizens of countries that have experienced bailout programs still have financial difficulties. "Try...

Eurozone Pushes Back Greek Debt Relief

Greece's hopes for a quick answer on a debt relief request from 240 billion euros ($330.7 billion) owed international lenders for two bailouts were dashed when Eurozone finance ministers said it wouldn't even be considered until after the summer. Finance...

Samaras Rejects Talk of Greece Needing Third Bailout

Fresh on the heels of Greece floating a sovereign bond for the first time since the economic crisis began four years ago, Prime Minister Antonis Samaras had to reject talk that a third bailout will be needed. Samaras said the...

Dijsselbloem: Greece May Need Third Program After Summer

Greece may need another round of international aid depending on how conditions look in a few months, Dutch Finance Minister Jeroen Dijsselbloem said. “I’m quite convinced we’ll have to look at it very carefully after the summer to see what...