Calamos Supports Greece

Nikos Theocharakis

German FinMin Spokesman: The Ball Is in Greece's Court

Yet another declaration of its frustration expressed today the German Finance Ministry, regarding the lack of progress Greece has achieved in regards to its economic reforms list. As it was highlighted, Berlin is patient but it is clearly Athens that should...

Greek Official: No Agreement With Creditors, Political Solution Only Way

There is no way we can reach an agreement with creditors before June and a political solution is the only way, said General Secretary of Fiscal Policy Nikos Theocharakis. Theocharakis, who is the head of the Greek negotiating team, described...

Euro Working Group Teleconference on Greece Concludes

The Euro Working Group (EWG) teleconference, in which Greece participated with Greek Finance Ministry general secretary Nikos Theocharakis and economic experts' team head George Houliarakis who are currently in Paris, concluded on Wednesday evening. After the teleconference, the institutions' representatives returned to the...

Brussels Group Meetings on Greece to Resume on Saturday

The Brussels Group is expected to resume its meetings on Saturday. Council of Economic Advisors (SOE) President Giorgos Chouliarakis, Finance Ministry general secretary Nikos Theocharakis and Greek Finance Minister Yanis Varoufakis' advisor Elena Panariti will participate from the Greek side. International Monetary...

Greece Under Pressure for Reforms as Money is Running Out

The Greek government is under severe pressure from creditors and rushes to complete the implementation of the first package of measures hoping it will see partial funds released after the April 24 Eurogroup. On the other side of the fence, creditors...

IMF: We Are Not Recalling Staff From Athens

The International Monetary Fund (IMF) denied earlier today, a report published in German Spiegel magazine yesterday that it will temporarily withdraw staff from Athens in reaction to foot-dragging by the Greek government to implement reforms. In a statement issued today,...

Spiegel: IMF Temporarily Recalls Staff from Athens

The International Monetary Fund has temporarily recalled its staff from Athens distressed by the slow progress and lack of cooperation from the Greek side, according to Der Spiegel. The German magazine says that a staff member said that Greek General...