Calamos Supports Greece

Wolfgang Schaeuble

Schaeuble: Greece 'Needs Austerity Programs'

German Finance Minister Wolfgang Schaeuble said cash-strapped Greece needed to implement EU and IMF-imposed austerity measures as European solidarity was "not a one-way street." "To tell the Greeks that they need not apply austerity deals to which they have agreed...

Merkel Phones Carolos Papoulias, Calls for Stable Government

Chancellor Angela Merkel called for a stable Greek government to be formed quickly after new elections in a telephone call with President Carolos Papoulias on Friday, a German government spokesman said. "The chancellor had a telephone conversation on Friday morning...

Schaeuble: 'If Greece Wants to Stay in The Euro, Then They Have to Accept the Conditions'

Greece's decision to return to the ballot box in the search for a government unleashed a hazardous new phase in Europe's debt crisis, with German Finance Minister Wolfgang Schaeuble calling the vote a referendum on whether the country stays...

Germany In Stark Warning On Greek Exit

German Finance Minister Wolfgang Schaeuble sent a strong warning towards Athens Monday, saying the price of a Greek euro exit would be very high for the country and the Euro zone itself. The comments come as Greek politicians struggle to...

Der Spiegel: Acropolis, Adieu!

"Acropolis, Adieu! Why Greece must leave the euro," reads the front-page headline of Germany's most influential magazine Der Spiegel, joining a chorus of voices in Europe's paymaster country suggesting an exit may now be the best option. In a sign...

Schaeuble: Greek Exit Wouldn’t Bring Down Europe

The euro area could handle Greece’s exit from the currency union because the risk of contagion has waned, German Finance Minister Wolfgang Schaeuble was quoted as saying in comments to the Rheinische Post newspaper. “We have learned a lot in...

Schaeuble Sends Warning on Greek Elections

On the eve of the Greek elections, German Finance Minister Wolfgang Schaeuble sent a warning to Greece that it will have to "bear the consequences" if it fails to elect a government that does not respect commitments made by...

Schaeuble On CBS: Germany Is Greece's Scapegoat

The ill will many Greeks feel towards Germany for imposing painful financial conditions on the massive loans the country made to them are just a normal response to a difficult situation, says German Finance Minister Wolfgang Schaeuble. "It's natural...

Schaeuble: Third Greek Bailout Package Can’t Be Excluded

Greece can achieve the goal of cutting debt to 120.5 percent of economic output in 2020 though a third bailout for the nation can’t be excluded, German Finance Minister Wolfgang Schaeuble said in an interview with De Morgen. “Nobody can...

Schaeuble: Notion Germany Trying to Control Europe 'Stupid'

The notion that Germany is seeking to "occupy" Greece or control Europe through its economic might is "stupid", German Finance Minister Wolfgang Schaeuble told a Greek daily on Sunday. Schaeuble added that Berlin is "ready to do whatever is asked"...