Calamos Supports Greece

referendum

Greek FinMin Varoufakis: Why We Recommend a NO in the Referendum

Greece's Finance Minister Yanis Varoufakis explained why he recommends to the Greek people to vote NO on the upcoming referendum about Greece's deal with its international creditors. Varoufakis wrote on his blog to explain why he and his government ask...

Deal Prospects for Greece Unclear, Yet European Stock Markets Went Up

The last-minute effort of Prime Minister Alexis Tsipras to secure a deal with Greece's creditors has generated hopes that sent European stock markets higher. Yet, it is unclear if Europe is ready to accept the new Greek proposal in...

Greece Referendum: New Poll Shows 46% Will Vote NO to EU Deal

Most Greeks will still favor a deal with Greece's creditors, according to a new poll regarding Greece's upcoming referendum in which citizens will vote in order to approve or reject a bailout agreement with Greece's creditors. Conducted by the ProRata...

Eurozone’s shared identity the final tragedy of the Greek crisis

By Wesley Widmaier*, Griffith University Economic policy is not a morality tale. The Greek tragedy is that the Europeans have treated the Greek crisis as a question of national character. In their outrage at the Greeks – in the context of...

9 Things to Know about Greece’s IMF Debt Default

By André Broome, University of Warwick Greece missed the deadline on its €1.6 billion loan repayment due to the IMF June 30, becoming the first advanced economy to default to the fund in its 71-year history. Here are nine essential things to know...

Greek Bailout Crowdfunding Campaign Raises Half A Million; Crashes Indiegogo

British shoe shop worker, Thomas Feeney launched a crowdfunding campaign on Monday to bailout Greece that at time of writing had raised more than half a million dollars. The campaign was started to help Greece pay back its $1.8 billion...

Greece Defaults on International Obligations; IMF Statement

Greece has missed its June deadline to pay €1.6 billion to the IMF, becoming the first developed country to default on its international obligations. Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), made the following statement...

Fitch Downgrades Greece Further to 'CC'

Fitch Ratings has downgraded Greece's Long-term foreign and local currency Issuer Default Ratings (IDRs) by one notch to 'CC' from 'CCC'. The issue ratings on Greece's senior unsecured foreign and local currency bonds have also been downgraded by one...

EFSF Announces End of Greek Bailout Programme; Greece on its Own

The European Financial Stability Facility (EFSF) just released a statement announcing the end of its financial assistance to Greece. After the end of the programme on Tuesday Greece will be on its own, amidst the worst financial crisis the...

Greece Offered to Conditionally Suspend Referendum: Reports

Greece has offered to suspend its planned referendum said Malta's Prime Minister Joseph Muscat according to a report by the Times of Malta. "They are ready to suspend their referendum or ask the people to vote 'yes' instead of 'no'...