Calamos Supports Greece

Stournaras

Samaras Tells Ministers To Get Cracking

With Greece's international lenders looking over his shoulder and pressing him to meet fiscal targets or face a cutoff in funding, Prime Minister Antonis Samaras told key cabinet members in the two-party coalition to speed up structural reforms in...

U.S. Treasury Chief Lew Backs Greece

Meeting with Greek Prime Minister Antonis Samaras in Athens on July 21, U.S. Treasury Secretary Jack Lew gave America's support for the crushing austerity measures that have impoverished the lives of many but which political leaders said are necessary...

What Did Samaras Tell Schaeuble?

German Finance Minister Wolfgang Schaeuble met in Athens with Greek Prime Minister Antonis Samaras for only 40 minutes - 10 minutes longer than scheduled - on July 18 although the city center was shut down all day and all...

Schaeuble Offers German Investment in Greece

Speaking at the German-Hellenic Chamber on July 18 in Athens - with the center of the city shut down to most traffic and protests banned during his day-long visit - German Finance Minister Wolfgang Schaeuble said his country was...

Samaras Tells Banks To Start Lending

With the Greek government moving to recapitalize and stabilize banks, Prime Minister Antonis Samaras told the heads of the four biggest financial institutions that they should start lending against to to help ease the shortage of liquidity and boost...

Parliament Votes to Indict Papaconstantinou

Former finance minister George Papaconstantinou will face a panel of judges on charges of tampering with a document and breach of duty after being indicted by the Greek Parliament in a secret ballot so lawmakers names wouldn't be revealed....

Stournaras Sets Sights On Surplus

Dismissing burgeoning black holes in the economy because of setbacks in privatization and debt in the state health insurer EOPYY that could add up to more than two billion euros ($2.6 billion) Greek Finance Minister Yannis Stournaras said his...

Schaeuble Brokers Greek Investment Deal

German Finance Minister Wolfgang Schaeuble, a hardliner who insists Greece stick to harsh austerity measures in return for bailouts - much of them funded by his country - will be in Athens on July 18 and is to...

Greek Bank Chief Joins Troika Talks

As the government tries frantically to satisfy international lenders it is making enough progress in reforms to trigger release of a delayed 8.1 billion euro ($10.6 billion) installment, Bank of Greece Governor Giorgos Provopoulos is jumping into the fray...

Greece Says Troika Deal In Sight

With Greece's international lenders setting a deadline for the end of July 5 for the government to show progress on key reforms or face a delay or cut-off of an 8.1 billion euros ($10.6 billion) installment, negotiations reportedly were...