Calamos Supports Greece

OECD

OECD Sees Greek Recession Deepening, Downside Risks

Greece΄s economy is expected to shrink 6.1% this year and 3.0% next year, the Organization for Economic Cooperation and Development said Monday, taking a bleaker view of the country΄s deepening recession than that held by Greece΄s official lenders. Despite that,...

OECD:The European Agreement Has Little Effect on Amount of Greek Debt

The Organisation for Economic Co-operation and Development (OECD) believes that the additional money to be given and the Greek debt restructuring agreed upon recently by European leaders will offer Greece the necessary time to move on with its reforms. However, the...