Calamos Supports Greece

Jeroen Dijsselbloem

Eurogroup: Institutions Will Not Return to Athens, Negotiations Will Continue in Brussels

Monday's Eurogroup in Brussels confirms that the return of Greece's lenders to Athens is not likely; the new round of negotiations in Athens have been postponed for the moment and further negotiations are to continue in Brussels. Eurogroup chief Jeroen...

Eurogroup Chief Sees Delay in Greece's Bailout Program Review

Eurogroup President Jeroen Dijsselbloem said that it is very unlikely that Greece's bailout program review will be completed in April, while noting that the European Stability Mechanism should assume the role of the International Monetary Fund in European economic...

Dijsselbloem: Greece Must Exceed Primary Surplus of 3.5% for Countermeasures

Greece must exceed a primary surplus budget target of 3.5% of GDP in order to permit the application of countermeasures, stated President of the Eurogroup Jeroen Dijsselbloem in a note to the Dutch Parliament The same document -- also revealed...

Dijsselbloem: Up to Athens to Decide the Measures in the 'Positive Package' Using Fiscal Space

It is up to Athens to decide the measures that will make up a "positive package" that makes use of any "fiscal space" that may arise, Eurogroup President Jeroen Dijsselbloem said on Tuesday, replying to questions on Greece. "It is...

Greece to Legislate Fiscal Measures in Advance to Complete Bailout Program Review

The Greek government on Monday agreed to legislate new fiscal measures that will apply from 2019 and on in order for creditors' missions to return to Athens to resume talks on the bailout program review. The new measures are not...

Eurogroup: Institutions Will Return to Greece

The institutions' missions will be returning to Athens to hammer out a staff-level agreement on remaining reforms, Eurogroup President Jeroen Dijsselbloem announced on Monday after the conclusion of the Eurogroup. Athens is not obligated to legislate measures in order for...

Greece Will Go Bankrupt Without IMF, Says Eurogroup's Dijsselbloem

Head of the Eurogroup Jeroen Dijsselbloem commented on Tuesday in the Dutch Parliament that Greece will go bankrupt should the IMF decide not to participate in the third Greek program. Dutch newspaper, Financieele Dagblad, reported that Mr. Dijsselbloem expressed this...

Dijsselbloem: February 20 Deadline Will Not Be Met

The evaluation of the Greek plan will not be completed in time for the next Eurogroup scheduled in Brussels for February 20, said Eurogroup President Jeroen Dijsselbloem, as reported by Reuters. He noted that the participation of the International...

Breidthardt: All Sides Working Hard for Progress on Greek Review Ahead of February 20 Eurogroup

The European Commission is working hard, together with all the partners, to complete the review so that the Greek economy can continue to grow, EC spokesperson Annika Breidthardt repeated on Tuesday. The spokeswoman for European Commissioner for Economic and Financial...

Greece Very Unlikely to Complete Bailout Program Review in February

Greece is very unlikely to complete the bailout program review by the February 20 Eurogroup, with European officials speaking of a possibility of a March agreement. The positive outcome of Friday's meeting between Greek Finance Minister Euclid Tsakalotos and creditors'...