Calamos Supports Greece

Poul Thomsen

IMF Meets on May 30 to Decide on Next Tranche

The managing board of the International Monetary Fund will meet on May 30 to discuss on the fifth evaluation of the Greek program and to approve the disbursement of the next tranche of the rescue package to Greece. Poul Thomsen,...

IMF Postponing Next Tranches to Greece

It appears that the Executive Board of the IMF keeps postponing the meeting during which they will approve the disbursement of the next two tranches of 3.6 billion euros to Greece. The evaluation report of the Greek program, which is...

'Thomsen's Girls' and 'Death Team' Examine Greek Tax Offices

Poul Thomsen's so-called 'Death Team' have started audits at all Greece's major tax offices, investigating the properties of Greek taxpayers. The country's tax collection mechanism is under the control of Thomsen and his team, who are determined to tackle tax evasion...

Greek Loans May Get 30-50 Years Payback

Despite a primary surplus and a tepid return to the bond markets, Greece's debt is still so unsustainable that European Union officials are reportedly preparing to extend repayments on 240 billion euros in two bailouts as much as 30...

IMF Returning to Athens

Gerry Rice, spokesman of the International Monetary Fund, during a press conference at the offices of the IMF in Washington, reported that Poul Thomsen who is in charge of the IMF's program with Greece will soon return to Athens. In reference to a...

Troika the Main Topic in Samaras-Venizelos Meeting

Greek Prime Minister, Antonis Samaras and Deputy Greek Prime Minister and Minister of Foreign Affairs, Evangelos Venizelos met today at the Maximos Mansion. The Greek Finance Minister, Yannis Stournaras was also present during the meeting that lasted 3.5 hours. The...

Troika Will Return to Greece – Without Techs

After it was first reported that envoys from Greece's international lenders who had broken off talks over delayed reforms and big hole in the 2014 budget wouldn't be coming back to Athens, it's now been said that they will,...

Troika Puts Off Athens Return

They're coming. They're not coming. They're coming. Turns out they're not coming. Envoys from Greece's international lenders, who've been in and out of Athens, now said they have postponed a scheduled return next week that was supposed to restart...

IMF Envoy Says Greece Can Avoid Cuts

While declaring that Greece still needs to complete extensive reforms, the government can avoid making more "horizontal cuts" in spending that has roiled social unrest, Poul Thomsen, the envoy for the International Monetary Fund (IMF,) one of its chief...

Troika, Greece Still At Odds On Reforms

Greece's hopes for a swift resolution to a disagreement over the extent and acceleration of reforms in return for continued rescue aid have been dimmed by a tough stance taken by international lenders who are squeezing the government to...