Calamos Supports Greece

Yanis Varoufakis

German FinMin Says Further Aid Will be Given to Greece Only After Agreement with Creditors

German Finance Minister Wolfgang Schaeuble said on Tuesday no aid will be handed to Greece until international creditors agree that it has delivered on its reform commitments, Reuters reported. "Greece must talk to the institutions to ensure that the Memorandum of Understanding...

SYRIZA's Left Platform Asks Govt Not to Sign Agreement with Creditors

The left platform of SYRIZA criticized Greek Prime Minister Alexis Tsipras for backing down on Monday's Eurogroup negotiations and asks for rift with creditors. The party's left platform --led by Minister of Productive Reconstruction, Environment and Energy Panagiotis Lafazanis --...

ECB President Draghi Urges Greece to Allow Troika Back Before It's Too Late

European Central Bank (ECB) President Mario Draghi urged the Greek government to allow the institution representatives, formerly known as the "troika" to return to Athens in order to disclose its cash position before it is too late. Mr. Draghi...

The New Greek Government Refines the Art of Procrastination

In the past five months the words "critical Eurogroup" are repeated like a mantra on the lips of journalists and Greek citizens alike. Every Eurogroup since October, is like signifying the end of times, or Armageddon, like our flamboyant...

Moscovici Speaks of 'Balanced Decisions' in Monday's Eurogroup

EU Commissioner for Economic and Financial Affairs Pierre Moscovici referred to Monday’s Eurogroup meeting and spoke of balanced decisions that allow the start of the technical processing of the proposals with the Greek authorities. Arriving at the ECOFIN meeting, he...

Greek FinMin Varoufakis: Greek Gov't Hopes for Agreement Before April 20

The Greek government hopes to reach agreement with institutions a lot sooner than April 20, Greek Finance Minister Yanis Varoufakis said in Brussels on Monday, calling the Eurogroup meeting he attended "an important step to the successful application of...

Eurogroup Sends Strict Message to Greece: Proceed With Reforms

"It is time to make progress in the program" is Eurogroup's clear and strict message to Athens, which -under the suffocating pressure of its creditors- is expected to launch consultations with the technical levels of the three institutions...

FT Publishes Letter of Eurogroup President to Varoufakis Saying Troika Will Return to Athens

Eurogroup President Jeroen Dijsselbloem sent a letter to Greek Finance Minister Yanis Varoufakis saying that technical discussions on Greece's bailout between creditors and the Greek government should be done in Athens and not Brussels as the Greek side has suggested. The...

SYRIZA: Varoufakis Was Misquoted, There Will Be No Referendum!

Greek Government circles are denying that Finance Minister Yanis Varoufakis mentioned the possibility of a referendum being held to stay in the euro. “Over the last few days we have noticed an effort to strike against Finance Minister Yanis...

Tsipras-Varoufakis Gear Up for Critical Eurogroup

Greek Prime Minister Alexis Tsipras had a series of telephone conversations with European leaders on Saturday ahead of Monday's critical Eurogroup. Tsipras spoke with the President of the European Central Bank Mario Draghi and told him that he respects the...