Calamos Supports Greece

Wolfgang Schaeuble

Stournaras Sees Troika Deal Coming

Despite a breakdown in talks with international lenders over delayed reforms and how to fill a big hole in the 2014 budget, Greek Finance Minister Yannis Stournaras said he expects they will release a one billion euro ($1.37 billion)...

Troika Softens On Foreclosure Ban Lifting

After insisting that banks be allowed to confiscate the homes of people who weren't paying their mortgages during a crushing economic crisis Greece's international lenders have changed their stance and now say the government should sort out those who...

Merkel: Light at End of Tunnel

Greek Prime Minister Antonis Samaras, who's been touting a "success story" for his country and predictions it will begin to recover next year from a crushing economic crisis, didn't ask German Chancellor Angela Merkel's blessing for debt relief yet...

Schaeuble: Negative on New Greek Haircut

  The German Finance Minister Wolfgang Schaeuble, in an interview with Bild newspaper appeared negative on the possibility of a new haircut on the Greek debt. "We had a debt reduction in late 2011 - early 2012, and that's enough," said Schaeuble who...

Germany’s Finance Minister Denies Report on New Aid Package

Martin Kotthaus, a spokesman for Finance Minister Wolfgang Schaeuble, denied that a report published by the German newspaper Die Zeit is true. The article in question said that Germany is working on a new aid package for Greece, but...

Merkel's Message to Greece

After easily winning re-election in a runaway rout to gain a third term, German Chancellor Angela Merkel, whose country is the biggest contributor to bailouts for Greece, said she will now return to tightening the screws on the Greek...

Schaeuble Says EUR11 Billion for Greece Isn't Unrealistic – Report

The International Monetary Fund estimate that Greece needs an extra EUR11 billion ($14.7 billion) as part of a possible third bailout package is at a realistic level, German Finance Minister Wolfgang Schaeuble said in an newspaper interview published Tuesday. "I...

Angela Merkel Warns of Greek Deal Domino Effect

German Chancellor Angela Merkel has warned against a write-down of Greece’s debt but left open the option of more aid for Athens. Her comments come less than a month before elections. In an interview with Focus magazine released Sunday, Chancellor...

Wolfgang Schaeuble: Future Greek Aid Package Smaller

AP - Germany΄s finance minister says he expects a future aid package for Greece to be much smaller than the country΄s existing rescue deals. In two bailout packages so far, Greece΄s European partners and the International Monetary Fund have committed...

Olli Rehn: New Bailout for Greece Not the Only Option

EU Economic and Monetary Affairs Commissioner Olli Rehn does not rule out Greece needing a third bailout package but the country΄s lenders have other options to keep its aid programme going, a Finnish newspaper quoted him as saying. German Finance...