Calamos Supports Greece

Euro Zone crisis

Germany Accepts Easier Funding of European Debt

Just a few hours ago, Chancellor Merkel, agreed on an initiative to help banks and indebted countries. The initiative was mostly supported by Spain and Italy. The agreement states that governments will be able to borrow money from ESM...

Bild Report: Greek-Printed Euros Around Europe to Lose Value If There Is Greek Exit

A new report by German tabloid newspaper Bild.de is predicting the money loss European holders of Greek-printed money will face in case the debt-ridden country does exit the Euro Zone. The most common scenario following the Greek exit from the...

US Economist Joseph Stiglitz: The Euro Could Dissolve

Internationally acclaimed Nobel Prize-winning (2001) US economist and former economic advisor to Bill Clinton Joseph Stiglitz, told a panel discussion in Vienna Thursday that Greece can no longer borrow money from its lenders and “its hands are practically tied.”...