Calamos Supports Greece

programme

Prospects for Successfully Concluding 2nd Review in Athens Now Good, IMF Says

The prospects of successfully concluding the second review of Greece's programme are now good but the Eurozone has to provide adequate assurances of a reliable strategy that will ensure the sustainability of Greece's debt, the International Monetary Fund (IMF)...

Positive Outcome Likely on Friday, Gov't Spokesman Tzanakopoulos Says

There is no possibility of delaying the programme review until September, State Minister and government spokesman Dimitris Tzanakopoulos said on Thursday in statements to ANT1 TV. While we were close to an agreement last Thursday, the creditors raised the issue...

The Government Will Not Legislate Without Comprehensive Agreement Including Debt

The government will not legislate if there is not a comprehensive agreement that will include the debt issue, government spokesman Dimitris Tzanakopoulos on Wednesday said in statements to Star TV. Tzanakopoulos expressed optimism that the negotiation on the second...

Greece will Be the Core of Europe, EU Commission Spokesman Schinas Says

European Commission spokesman Margaritis Schinas expressed his optimism that the programme review will be concluded. Schinas was speaking at the Delphi Economic Forum. The spokesman of the European Commission did not get into details about March 20 because as he...

Tsipras: We will Lead Greece Out of the Crisis

"We will lead Greece out of the crisis," Prime Minister Alexis Tsipras said on Sunday in an interview with Documento newspaper. "There is no other choice. Either this government will succeed or the aid programmes will totally fail," he explained...

BoG Governor Stournaras Stresses Need to Swiftly Conclude Programme Review

We have to persuade our partners to reduce primary surplus targets from 3.5 percent to 2 percent until 2021, Bank of Greece (BoG) governor Yannis Stournaras on Saturday said at the Delphi Economic Forum. He explained that this would allow...

IMF Must Reduce Its Demands, French FinMin Sapin Says

French Finance Minister Michel Sapin sent a message to IMF to reduce its demands. After successive meetings with Finance Minister Euclid Tsakalotos and Economy Minister Dimitris Papadimitriou, Sapin said that "the IMF has been here since 2010. If it...

Schaeuble: Greece's Problem Is Not Debt, But Reforms

"I understand that for political reasons, Greece cannot proceed with further reforms to pensions, but that does not mean it cannot be done later," said German Finance Minister Wolfgang Schaeuble at Tuesday's press conference at the Ecofin in Brussels. ...

Germany Must Back Down on High Budget Surplus, Greece Says

The agreement of the Eurogroup was the most crucial step for the conclusion of the programme review, government spokesman Dimitris Tzanakopoulos on Tuesday said during a press briefing. He accused main opposition New Democracy of not being affected by...

ESM Receives Loan Repayment of 2.0 Bln Euros From Greece

The European Stability Mechanism on Monday received a loan repayment of 2 billion from the Greek government. The repayment was a contractual obligation with the ESM and follows the sale of Finansbank by National Bank of Greece. “The prompt payment...