Calamos Supports Greece

Wolfgang Schaeuble

Schaeuble: Some Within German Gov't Would Have Opted for Grexit

Following the weekend’s intense negotiations, where he put forward a proposal for a temporary Grexit, German Finance Minister Wolfgang Schaeuble is not exactly viewed as Greece’s ally. Reuters reports that Schaeuble claims there are some in the German government who...

Greeks Never Lose Their Humor; Funeral Home Named 'Schaeuble'

Greeks are known for their humor and their ability to maintain it even in the most difficult situations. When that humor combines with business ideas, then the result is even more spectacular. For example, the owner of a funeral home...

Schaeuble Proposed Parallel Currency for Greece

According to the German Handelsblatt, German Finance Minister Wolfgang Schaeuble suggested the issuance of IOUs in Greece, during the Eurogroup, held on Sunday, July 12. Schaeuble is continuing to play in the “game” against Greece. After proposing the five-year Eurozone...

Euro Summit on Greece: Behind the Scenes

A lot has happened during 17 hours of talks on the Eurozone's future. Before Greece and its creditors agreed on a new 86-billion European Stability Mechanism (ESM) program, there were multiple interruptions and as the night went on, reports of impasses and confrontations...

Fund Proposed to Hold 50 bln Euros of Greek Assets Is Controlled by German Fin Min Schauble

German Finance Minister Wolfgang Schaeuble proposed on Saturday that 50 billion euros of Greek public assets be transferred to an external fund and privatized over time. The fund he used as a suggestion, the Institution for Growth in Greece, is owned by...

Creditors Skeptical Over Greece's Willingness to Implement Reforms

Greece's creditors are skeptical over the leftist government's willingness and ability to implement the reforms required in order to grant the country a third bailout package. Greek Finance Minister Euclid Tsakalotos had a hard time trying to persuade his Eurozone...

OXI to NAI. NAI to OXI. OXI to OXI.

With Greece’s doomsday clock ticking closer and closer to midnight, even the reports that Germany’s acerbic Finance Minister Wolfgang Schaeuble has conceded Greek debt must be restructured cannot eclipse how the brave OXI so quickly dissolved into an anemic NAI....

German Finance Minister: Greece's Debt Is Unsustainable but Haircut Won't Happen

German Finance Minister Wolfgang Schaeuble endorsed a fundamental claim and at the same time dismissed a primary goal of the Greek government, during a Bundesbank conference in Frankfurt on Thursday. Schaeuble accepted that the International Monetary Fund (IMF) is probably right in...

Varoufakis: 'I Prefer to Be an MP and Be Known as Yanis'

Former Greek Finance Minister Yanis Varoufakis admitted that Germany appears to have a plan to force Greece outside the Eurozone, even though while he was in office he insisted that Grexit scenarios were a bluff to push the Greek...

Bundesbank: 'Grexit Will Cause Deficit in Germany's Budget'

Bundesbank sent a warning to the German government regarding the consequences the Grexit would have to Germany’s economy. The exit of Greece from the Eurozone is likely to create “holes” worth billions of euros in Wolfgang Schäuble’s budget, warned Bundesbank...