Calamos Supports Greece

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Greek Minister Accused of Illegally Recording Phone Call with Central Banker

Bank of Greece Governor Yannis Stournaras on Tuesday called for the intervention of judicial authorities over the recording of a telephone call with a government minister which was leaked to a news site. In an angry press release, Stournaras called...

Bank of Greece to Look at Minister Polakis' Loan From Attica Bank

Yiannis Stournaras, the governor of the Bank of Greece, called a meeting on Monday between his bank's officials and those from Attica Bank. In question is Attica Bank's recent personal loan to Greek Alternate Health Minister Pavlos Polakis. It was disclosed following...

EU Sources: Loan Tranche for Greece to be Approved on Friday

Officials in Brussels and Athens are confident that the Governing Body of the European Stability Mechanism (ESM) meeting on Friday will approve the disbursement of the 7.7 billion euro installment to Greece. Reports from Brussels suggest that the ESM will...

Greece’s Tsakalotos Certain of Disbursement Loan Tranche

Greek Finance Minister Euclid Tsakalotos expressed his confidence that the ESM will approve the disbursement of a loan tranche to Greece on Friday. Speaking to reporters, after a teleconference held by the European Stability Mechanism in which he participated, Tsakalotos...

Eurogroup Chief Confirms Greece Has Met Prior Actions for Loan Tranche

Eurogroup chief Jeroen Dijsselbloem confirmed that Greece has met all the prior actions that will allow the disbursement of a 7.5 billion euro loan tranche, upon his arrival at a European Stability Mechanism (ESM) board of governors meeting in...

Greek PM to Unveil Strategy for Equitable Growth on Thursday

Prime Minister Alexis Tsipras chaired a government meeting with his close aides to discuss the government's planning for equitable growth in the aftermath of concluding the Greek program review. The new plan will be unveiled at an event at...

EU Commissioner Moscovici Says Next Eurogroup to Disburse Greek Tranche

In a statement to the ANA-MPA on Thursday, European Commissioner for Economic and Financial Affairs Pierre Moscovici said he was confident that the next Eurogroup will decide to disburse the first installment of a loan tranche to Greece, amounting...

Germany Postpones Release of Loan Tranche to Greece

German Bundestag did not recommend the release of the next loan tranche to Greece by the European Stability Mechanism rescue fund as earlier reports by Reuters had suggested. The German budget committee was supposed to have discussed the release...

Greece and EU Reach Agreement on 5.4 Billion Euros, Confirms EU Official

Greece and its European creditors have agreed on a basic package of measures worth 5.4 billion euros, confirmed a European official from Brussels on Friday. Greek news site real.gr reports that the official points to an ambitious package of 17...

German Judge: "Greece's Claims for Repayment of WWII Loan Are Just"

A top judge at Germany's Supreme Administrative Court said Greece’s demand that Germany pays back the loan the country was forced to give during WWII is “just”, according to an article in German magazine Der Spiegel which will be...