Calamos Supports Greece

Mario Draghi

ECB's Draghi Calls for 'Strong Agreement' With Greece

Following the European Central Bank's Governing Council meeting on Wednesday, Mario Draghi called for a "strong agreement" between Athens and its bailout lenders, saying the central bank wanted Greece to stay in the euro. "A strong agreement is one that...

German Media: The Last Offer to Greece

German media today are mainly focusing on the meeting between German Chancellor Angela Merkel, French President Francois Hollande, ECB President Mario Draghi, European Commission President Jean-Claude Juncker and IMF director Christine Lagarde, in Berlin. The German newspapers Die Welt, Die...

European Leaders and IMF to Offer Greece a Plan for Consideration

European leaders and the International Monetary Fund (IMF) agreed to accelerate negotiations and offer Greece a plan to consider in the coming days, according to a Bloomberg report. German Chancellor Angela Merkel, IMF Managing Director Christine Lagarde, European Central Bank...

Greece Among Main Topics in G7 Summit

German Finance Minister Wolfgang Schaeuble and Bundesbank President Jens Weidmann host their G7 counterparts - Britain, France, Germany, USA, Japan, Italy, Canada - in Dresden on May 27-29. Among the main topics to be discussed will be Greece, although no decisions...

Greece’s St. Catherine’s British School Excels in ECB Competition

Athens' St. Catherine’s British Embassy School stood out at the "Generation €uro Students' Awards," a competition open to all secondary school students aged between 16 and 19 who are keen on learning more about economics and monetary policy issues, winning the...

Greek Gov't VP Dragasakis Discusses Negotiations, Greek Economy with ECB's Draghi

Greek Government Vice-President Yiannis Dragasakis met with the head of the European Central Bank Mario Draghi in Frankfurt on Tuesday evening. According to the ECB, the two sides discussed the current situation of the Greek economy and reviewed the progress in...

Tsipras Said a lot But Was Diplomatic On Critical Issues

We didn't learn a lot from Alexis Tsipras in his highly anticipated television appearance where he answered questions from the host and audience. We learned, though, that he expects a deal with creditors by May 9. The Greek Prime Minister...

Sentix: Half of Investors Expect Grexit Within 12 Months

About half of international investors expect Greece to leave the euro zone within the next 12 months, a survey by German research group Sentix showed on Tuesday. Sentix's euro zone breakup index for Greece went up to 48.3 percent in April...

Tsipras Takes it Upon Himself to Accelerate Greece-Lenders Deal

Greek Prime Minister Alexis Tsipras has taken it upon himself to accelerate negotiations and reach a deal with lenders in order to increase liquidity. Two days after the Eurogroup in Riga, where European Union finance ministers refused a deal that...

ECB President: Greek Banks Can Continue to Rely on Emergency Liquidity Assistance

European Central Bank (ECB) President Mario Draghi gave his assurance today that the Greek banks can continue to rely on emergency liquidity assistance (ELA). "ELA will continue to be given until Greek banks will be solvent and have adequate collateral," Draghi told journalists...