Greece
Calamos Supports GreeceCalamos Supports Greece

Troika

Flashback to the Greek Bailout Referendum: When 'No' Became a 'Yes'

On the third anniversary of the referendum to decide whether Greece was to accept the bailout conditions imposed by its creditors, the political landscape of the country looks so much different. Former firebrands Alexis Tsipras and his SYRIZA-led government which...

OPINION: Bankers and Gangsters

The Jordanian people took to the streets for three days and nights in protest against a new austerity tax bill forcing Prime Minister Hani Mulki to quit. They could no longer cope with the rising consumer prices and falling salaries;...

Troika Returns to Greece for Third Program Review

The heads of the institutions' missions in Athens are to return to the Greek capital on Tuesday, with the purpose of achieving progress in the third program review, European Commission spokesman Margaritis Schinas said on Monday. The return of the...

Troika Returns to Athens for New Round of Talks

Talks between Greece's creditors and the government on concluding the third review of the Greek program are due to begin today (Monday), when the heads of the institutions' missions return to Athens. This will be the first round of negotiations,...

Eurogroup Chief Arrives in Greece for First Time after Enigmatic Handshake with Varoufakis

Eurogroup President Jeroen Dijsselbloem is to arrive in Greece on Monday for talks with Finance Minister Euclid Tsakalotos as a prelude to the third review of the bailout program. The Dutch economist will be accompanied by the head of the...

Institutions Leave Athens With Many Critical Issues Unresolved

Today Greek officials reported that talks between foreign envoys representing the institutions of the latest bailout review and Greek government concluded without the parties reaching a concrete agreement regarding the fiscal gap, non-performing loans (NPLS), energy and other fiscal...

Scathing Report: IMF Watchdog Criticizes the Fund's Poor Handling of Greek Crisis

The International Monetary Fund's Independent Evaluation Office presented a scathing report on Thursday on the IMF’s handling of European bailouts. The findings show that it bent the rules and bowed to political pressure in the ill-fated Greek rescue in...

Wow! Greece's Varoufakis Becomes a Comic Strip

Greece's former finance minister Yanis Varoufakis is finally available in comic form thanks to Patakis publishing house. An easy-to-understand (and humorous) guide to negotiations with Greece's creditors are presented by the “player” with the stakes being Greece's exit from...

Wikileaks: IMF Threatens to Leave Troika Ahead of Greek 'Disaster'

Wikileaks has revealed a conversation between the two top IMF officials in charge of the Greek debt crisis, Poul Thomsen, head of the IMF’s European department, and Delia Velculescu, IMF mission chief for Greece. The details of the conversation,...

Former Greek FinMin Varoufakis Says He Resigned from Gov't as Troika Had No Intentions of Ending the Crisis

Former Greek finance minister Yanis Varoufakis discussed for the umpteenth time the other day his tenure with the government of Alexis Tsipras. Speaking on Bloomberg, Varoufakis said that he was not “fired,” but resigned after he realized that things were...