Greece
Calamos Supports GreeceCalamos Supports Greece

Troika

Greece Will Be in Debt Until 2073

Greece's obligations to creditors after the completion of the third bailout program will go all the way to 2073, a Business Insider report said. The concern about the sustainability of the Greek debt makes some Eurozone countries demand more reforms on...

European Commission Denies Varoufakis' Accusations of Controlling Greece's Tax Agency

The European Commission flatly denied on Tuesday claims by former Greek Finance Minister Yanis Varoufakis that creditors monitoring Greece's bailout also control the country's tax agency. The Former Minister also blamed the Eurozone's structure and policies for Greece's large sovereign...

American Economist Stiglitz: 'Greece's New Bailout Makes No Sense'

American economist Joseph Stiglitz is convinced that Greece’s third bailout deal will not be helpful for the country. In his article, published by the New York Times, the Nobel laureate explained why he thinks that the measures the Troika is asking...

Greek Bailout Talks Expected to Start Tuesday

Greece will start talks with its international creditors over a new bailout package on Tuesday, while the mission chiefs will arrive in Athens with a couple of days delay for technical reasons. "The reasons for the delay are neither political...

Troika Returns to Athens to Assess Greek Economy and Start Negotiations

The troika of international creditors returns to Athens on Thursday to start assessing the state of Greece's economy, complete the review of the second bailout program and start working on the third. According to a Proto Thema newspaper report, the...

Delia Velculescu to Become IMF Head Representative in Greece

The International Monetary Fund (IMF) is set to replace Rishi Goyal, head representative of the institution's technical team in Greece, with a person who has had experience in analyzing Greece's troubled economy before. Greek newspaper "Kathimerini" reported that Delia Velculescu will now be the one assessing Greece’s...

The Institutions Return to Athens

The institutions, formerly known as the Troika, are back in Athens. Representatives of the European Central Bank (ECB), the European Commission  the International Monetary Fund (IMF) have returned to Greece. This time, however, there will be a fourth organization delegating officials in...

Yanis Varoufakis Votes Against the Greek Bailout Deal He Negotiated

On Wednesday evening, former Greek Finance Minister and current SYRIZA MP Yanis Varoufakis voted against a bill that turned into law the austerity-filled terms of the new Greek bailout deal Greece and its international creditors had agreed to in Brussels. The...

Podemos: 'To Defend the Greeks Is to Defend Europe's Dignity'

Spanish Podemos party leader and MEP Pablo Iglesias said in his address to the European Parliament on Wednesday that "times change" and called on Socialists to change tactics. "Europe is not destroyed because there are citizens that say in a...

Hope Wins and Austerity Loses; the Greek People Have Spoken

The Australia-Greece solidarity campaign welcomes the resounding decision of the Greek people to say No to further austerity. We publicly thank the ACTU and the trade union movement as well as the Greens Parliamentarians and community activists who have...