Calamos Supports Greece

Olli Rehn

Venizelos Urges Quick Troika Deal

Deputy Prime Minister/Foreign Minister Evangelos Venizelos, who acts at the behest of Prime Minister Antonis Samaras, said after a symbolic meeting with envoys from Greece's international lenders that it's essential for the two sides to reach agreement on the...

Troika Delay Return to Greece to January

The European Commission confirmed late on Saturday that there will be no conclusion of the latest troika review of the Greek adjustment program this month. Senior auditors from the so-called creditor troika -- the EU, IMF and European Central Bank...

Troika Softens On Foreclosure Ban Lifting

After insisting that banks be allowed to confiscate the homes of people who weren't paying their mortgages during a crushing economic crisis Greece's international lenders have changed their stance and now say the government should sort out those who...

Troika Deal Still Evades Greece

Racing against time before the return of envoys from international lenders next month and a Dec. 9 meeting of the Eurozone, Greece is still trying to reach an agreement on the disputed size of a 2014 budget gap and...

Greece, Troika Back To The Table

The on-again, off-again talks between Greece and its international lenders to reach an agreement over implementing more reforms and filling a budget hole of as much as 2.9 billion euros ($3.87 billion) are now set to resume again on...

European Commission: Recovery of Greek Economy in 2014

The financial recession will be decreased in 2014 to 4% from 6.4%, according to the financial forecasts provided by the European Commission published today in Brussels. Olli Rehn, the Union’s commissioner for economic and monetary affairs, formally presented the so-called...

Rehn: Things Still Difficult for Greek Citizens

A few days after the postponing of the discussion for the Greek debt for “some moment in the next summer,” European Commissioner for Economic and Monetary Affairs, and the Euro and vice president of the European Commission Olli Rehn,...

Olli Rehn: The Situation for Greek Citizens Remains Very Difficult

The fifth report of the EU 'task force' for Greece, a group of experts sent by Brussels to Athens to help the government deal with structural funds and work on scheduled projects, has been positive. 'While we are seeing encouraging...

IMF Praises Greek Authorities

The situation and prospects of global economy, the emerging markets; the stalemate in the U.S.; debt crisis in the Eurozone (especially in Greece), as well as the balance of power in decision making for the global economy, were the...

Olli Rehn Says it's Too Early to Put a Number on the Greek Financing Gap

European Union Economic and Monetary Affairs Commissioner Olli Rehn said it’s too early to judge how much extra money Greece will need to plug an emerging hole in its 240 billion-euro rescue program. Rehn said the so-called troika representing creditors...