Calamos Supports Greece

reforms

The New Greek Government Refines the Art of Procrastination

In the past five months the words "critical Eurogroup" are repeated like a mantra on the lips of journalists and Greek citizens alike. Every Eurogroup since October, is like signifying the end of times, or Armageddon, like our flamboyant...

Cartoon Shows Merkel Teaching Greece With a Whip

A new political cartoon about Greece depicts the tension between the crisis-stricken country and the way the European Union views its reluctance to implement reforms required by the bailout program. Political cartoonist Carlos Latuff uses German Chancellor Angela Merkel as...

Troika Returns to Athens Under Different Name

About twenty representatives from the European Central Bank, the European Commission and the International Monetary Fund will arrive to Athens next week to review the progress of reforms and measures Greece has agreed to implement. This time the number of...

Greece's New Reform List and List of Bailout Requirements More Similar than Different

The list of proposed reforms Greece sent to its international creditors bears many similarities to the requirements of the abandoned bailout program, the Memorandum. The terminology used is different though. European Commission sources, however, note that there should be further...

The Greek Government’s Full List of Reforms Sent to EC, ECB and IMF

Greece's Finance Minister Yanis Varoufakis emailed a list of structural reforms and measures which the Greek government is prepared to implement in order to complete the agreement for an extension at Friday's Eurogroup. The Greek government’s list of proposals includes commitments...

Greek FinMin to CNN: Electorate Excited with New Deal

Greek Finance Minister Yanis Varoufakis said the electorate is excited with the new deal when he spoke to CNN a few hours before sending the final list of reforms by the Greek government to its European partners. Mr. Varoufakis spoke to...

Six Month Goal for Greek Civil Service Reforms

Greek Deputy Minister of Interior and Administrative Reconstruction Giorgos Katrougalos announced that the reform process of civil services in Greece should be completed in the next six months. In a recent interview with Greek newspaper Kathimerini, Katrougalos noted that...

U.S. President Obama in Support of Greece, Suggests No More Austerity [Video]

In an interview with the American TV Network CNN earlier today, U.S. President, Barack Obama, underlined that austerity can no longer be imposed on people. In what is seen as a powerful appeal to European leaders and in direct support of...

Portugal and Spain: We Won't Follow Greece in a Possible Rupture With EU

Portugal is not a signatory to a possible Greek request for debt restructuring, clarified earlier today the country’s Prime Minister, Pedro Passos Coelho. Addressing the Portuguese Parliament, Coelho assured that he does not intent to participate in any team...

Former EU Commission President Prodi: Greece Must Be Supported

His personal estimations and worries, just a week ahead of the critical January 25 Greek general elections, expressed in an article published by Italian newspaper "Il Messaggero" the Italian Former Prime Minister and Former President of the European Commission,...