Calamos Supports Greece

referendum

Greek Banks Consider Haircut On Deposits Over €8,000: FT

Amidst fears of financial catastrophe, Greek banks are considering to tap into depositors funds the Financial Times reported citing bankers and businesspeople with knowledge of the measures. "The plans, which call for a haircut of at least 30 per cent...

Varoufakis: 'Greece Will Have a Deal By Monday'

"This has been a difficult week but it is an investment on a viable solution. The state will be able to pay salaries and pensions because we will have a deal by Monday, one way or another," Greek Finance...

Referendum Poll: Greeks Equally Divided Between 'Yes' and 'No' Vote

Two days before Sunday's crucial referendum in Greece, and the "Yes" and "No" camps are divided right in the middle, as latest opinion polls show. So far, "Yes" supporters have a slight edge over those who say "No" in the critical vote...

In Defence of Greece: 6 Myths Busted

As Greece's Syriza has been represented in the media as an irresponsible leftist government, it is important to unpack the seemingly common sense arguments against Syriza.

Greek PM Interview: When Greece's Banks Will Reopen

Greek Prime Minsiter Alexis Tsipras said that Greek banks will reopen when Greece and its creditors leave from the negotiations table with an agreement in hand. After the Greek government decided to hold a referendum asking its citizens to vote...

Fin Min Varoufakis: "I Will Resign if Greeks Vote 'Yes' to Agreement"

Greek Finance Minister Yanis Varoufakis said that he will resign if there is a "yes" vote in Sunday's referendum over creditors' proposals to Greece. Varoufakis spoke on Bloomberg television and when asked if he will remain Greece's finance minister in...

Athens Bar Association Says Greek Referendum Unconstitutional

The Athens Bar Association adopted a resolution on Tuesday in which they indicate that the upcoming referendum on 5 July includes some unconstitutional elements and has no clear content, after an open meeting of its governing council. The resolution was...

Kalo Mena Greece

On the first day of each month, Greeks greet each other with the salutation Kalo Mena, loosely translated as “Have a Good Month.” This first day of July 2015 promises to bring very little good for Greece.

Moody's Downgrades Greece Bonds to Junk

Moody's Investors Service has today downgraded Greece's government bond rating to Caa3 from Caa2 and placed the rating on review for further downgrade. "The short-term rating is unaffected by this rating action and remains Not Prime (NP)," the agency said....