Calamos Supports Greece

Jeroen Dijsselbloem

EU Wary of Greek Hopes To Avoid Third Bailout

Fresh on the heels of the news that international lenders would release a long-delayed installment of 8.3 billion euros in three installments, the government said it won't need a third rescue package and hopes to return to the markets,...

EU Splits Up Greek Bailout Loan

Greece won't be getting its long overdue next installment from international lenders all at once but in three parts, Eurozone finance ministers meeting in Athens have decided. Jeroen Dijsselbloem, the Dutch finance minister heads the group of 18 countries that...

Dijsselbloem: Further Greek Aid May Include Extending Loans

Dutch Finance Minister Jeroen Dijsselbloem said Greece ’s international creditors will decide after the summer on possible further aid, including extending the maturity of existing loans. Greece ’s economic situation is improving, and this has an impact on calculations of...

Greece Wants Debt Cut, Not Another Bailout

Greece is raising the prospect of debt relief with international lenders as Prime Minister Antonis Samaras announced a primary surplus of 1.5 billion euros as proof the country's battered economy will begin to rebound this year. Samaras said, however, he...

Eurozone Squeezes Greece For Troika Deal

While praising Greece publicly for making progress on reforms, Eurozone finance chiefs privately told Finance Minister Yannis Stournaras they are disappointed at the lack of progress and pressured him to come to terms with international lenders by March 14. During...

Eurozone Chiefs Cite Greek Progress

Eurozone finance ministers on March 10 pushed for Greece to finally settle differences over unresolved reforms with its international lenders and said the country had made significant progress even though 153 reforms remain undone. The finance chiefs criticized the lack...

Eurozone to Take Decisions on Greek Debt in 2nd Half of 2014

The euro area will take any decisions on Greece’s debt in the second half of 2014, Eurogroup President Jeroen Dijsselbloem said on Thursday during a hearing of the Europarliament Economic Affairs Committee. “There may still be way ahead but there...

'Troika' Creditors to Return to Greece for Debt Talks

Greece's international creditors will resume talks with Athens this week to review progress on the economic reforms it must make to get debt aid funding, eurozone finance ministers agreed Monday. "The Troika intends to return to Athens later this week,"...

Dijsselbloem: More Aid for Greece to Be Decided 'After Summer'

Jeroen Dijsselbloem has said there is no need to discuss debt relief for Greece until August, with German Finance Minister Wolfgang Schaeuble suggesting that the summer will be the time to also discuss a possible third bailout. Eurogroup chief Dijsselbloem...

EU Mulls 50-Year Greek Loan Repayments

The latest scheme to save the Greek economy include an idea that may include extending the maturity on rescue loans to 50 years and cutting the interest rate on some previous aid by one-half percent, according to two officials...