Calamos Supports Greece

vulture funds

Juncker Exposes the Greek Government's Initiative to Sell Off 'Red Loans'

European Commission President Jean-Claude Juncker said that it was Greece's decision to sell the non-performing loans (NPLs) to foreign funds. Juncker refuted that the Greek government had been forced to legislate the sale of these so-called "red loans" (NPLs) to "vulture funds"...