Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1

[tommy271]

Greek Banks Face ‘Challenging’ Environment, Goldman Sachs Says

By Natalie Weeks - Oct 7, 2010 1:31 PM GMT+0200 Thu Oct 07 11:31:10 GMT 2010


Greek banking stocks may be hurt should European Central Bank liquidity dependence increase, Goldman Sachs Group Inc. said.
“Top-down concerns regarding Greek sovereign debt to remain the dominant concern for medium-term share-price performance,” a group of analysts including Heiner Luz said in an e-mailed note today. “Greek banks still heavily rely on the lender of last resort and continue to see restricted access to commercial funding sources.”

Greek banks, which have been locked out of the interbank market, promised Finance MinisterGeorge Papaconstantinou last month that they would increase lending in exchange for 25 billion euros ($34.9 billion) in government guarantees. Greece agreed to austerity measures in May in exchange for 110 billion euros in emergency loans from the European Union and International Monetary Fund to avoid a default.

Piraeus Bank SA, Greece’s fourth-biggest lender, and two state-controlled banks, Agricultural Bank of Greece SA and Hellenic Postbank SA, were rated “sell” in resumed coverage by Goldman Sachs today. National Bank of Greece SA, Greece’s biggest lender, and Bank of Cyprus Pcl were maintained at “neutral.”
Goldman Sachs said the current environment “still looks challenging, however, recent data showed slight improvements.”

Reliance on ECB funds declined in August for the first time this year. Greek lenders held 95.9 billion euros for refinancing operations, down from 96.2 billion euros in July, according to the country’s central bank. Deposits by businesses and households increased to 213 billion euros in August, the first gain after seven months of declines.
National Bank rose 1.1 percent to 7.98 euros as of 1:20 p.m. in Athens trading. Bank of Cyprus, the biggest lender on the eastern Mediterranean island, dropped 0.5 percent to 3.8 euros. Agricultural Bank gained 1 percent to 97 cents and Hellenic Postbank advanced 0.5 percent to 4.14 euros, while Piraeus Bank fell 0.5 percent to 3.99 euros.



(Bloomberg)

 

[tommy271]

Le analisi di Natalie R.:

The Greek Debt Crisis: A Must-Read for Forex Traders!

 

[tommy271]

Grecia: sciopero contro austerity


Papandreou, il piano di risanamento e' quasi a meta' del guado



(ANSA) - ATENE, 7 OTT - Migliaia di statali oggi in piazza per l'ottava volta ad Atene e in altre citta' della Grecia contro il piano di austerita' del governo. Chiusi uffici, scuole, amministrazioni locali, poste e dogane, ospedali limitati al servizio di pronto soccorso, aerei fermi per 4 ore in seguito all'adesione degli uomini radar. Mentre statali e studenti manifestavano davanti al parlamento, il premier Papandreou affermava davanti ai deputati del Pasok che il piano di risanamento e' quasi a meta' del guado.

 

[tommy271]

New commemorative 2 Euro coin: 2,500th anniversary of the Battle of Marathon

published on Thursday, October 07, 2010


A new commemorative 2-euro coin intended for circulation has been issued by Greece. 2,5 millions of coins.

The subject of commemoration is the 2,500th anniversary of the Battle of Marathon that took place in 490 BC during the first Persian invasion of Greece. The inner part of the coin shows a synthesis of a shield and a runner/warrior symbolising the battle for freedom and the noble ideals derived from the battle of Marathon. The bird on the shield symbolises the birth of western civilization at his present form. The coin’s outer ring depicts the 12 stars of the European flag.


Once a year, each country in the euro area may issue a €2 commemorative coin. These coins have the same features and properties and the same common side as normal €2 coins. What makes them different is their commemorative design on the national side. Only the €2 denomination can be used for commemorative coins. They are legal tender throughout the euro area. That means they can be used – and must be accepted – just like any other euro coin.


Most of these coins commemorate the anniversaries of historical events or draw attention to current events of historic importance. The very first €2 commemorative coin was issued in 2004 by Greece to commemorate the Olympic Games in Athens. During 2010 eleven countries have issued commemorative coins. We refer to Spain, Luxembourg, Slovenia, Germany, France, Italy, Portugal, Belgium, Greece , San Marino and the Vatican.


(euroalert.net)

 

[tommy271]

Borsa Atene: Ase chiude invariato a 1.553,76 punti


MILANO (MF-DJ)--L'indice Ase di Atene termina gli scambi invariato a 1.553,76 punti, con un volume di scambi di 116,5 mln euro.
"Il mercato ha guadagnato il 6% questa settimana, si prevede quindi una fase di consolidamento", commenta un trader locale. "Dall'inizio dell'anno la borsa di Atene ha perso il 30%, si prospetta quindi un percorso lungo e volatile malgrado si intraveda un trend al rialzo".
Ppc sale del 3,4%, Eurobank del 3,2%, National dell'1,3% e Hellenic Telecoms dello 0,8%. Coca Cola Hellenic invece cede il 2,8%, AtEbank il 2% e Opap lo 0,7%

 

[tommy271]

IMF’s Strauss-Kahn Says Greece ‘on Track’, Revisions Unfortunate

October 07, 2010, 11:21 AM EDT


By Sandrine Rastello


Oct. 7 (Bloomberg) -- International Monetary Fund Managing Director Dominique Strauss-Kahn said Greece’s economic efforts were clearly on track and that a revision of deficit and debt figures from previous years was unfortunate.
“Today Greece is clearly on track and that’s the most important thing that has to be underlined,” Strauss-Kahn said at a news conference in Washington. “It is very unfortunate that the figures are going to be revised.” He said the IMF was waiting to see the details of how big the revision is.

 

[tommy271]

Greek PM promises to cut country’s budget deficit on time

07 October 2010 | 19:13 | FOCUS News Agency
Home / Southeast Europe and Balkans


Athens. Greece will cut its budget deficit on time, despite that there might be a need to revise the data of the previous years, which will boost the deficit even more, said Greek Prime Minister Georgios Papandreou, as cited by RIA Novosti.
“Despite that the data revision by Eurostat, we will achieve our goals for the deficit this year. There is no need to take extra measures, which will reflect on Greek citizens,” Papandreou remarked.
Earlier EU representatives said that Eurostat may revise the budget deficit of Greece for 2006-2998, which may increase the current figures.

 

[g.ln]

Fondi di investimento??? nessuno ne parli!

Sembra che le sorprese non finiscano mai.
Ieri i nostri ellenici hanno portato a casa un'altra giornata in positivo, è una progressione costante che indica un profondo movimento di fase. Tutto questo accompagnato dal dato negativo della revisione al rialzo del deficit/Pil per il triennio 2006/2009. Indiscrezioni indicherebbero un aumento dal 13.6% al 15% circa.
Accanto dobbiamo segnalare il cambiamento d'umore dei vari specialist che gestiscono i Fondi d'Investimento sulle sorti della Grecia: sino all'altro giorno ci dicevano che i numeri parlavano chiaro, ora sono più possibilisti sulla scia delle agenzie di rating.
E' una farsa, ma è sufficiente un giro di telefonate tra "esperti"........
Grecia 783 pb. (792)
Irlanda 435 pb. (423)
Portogallo 416 pb. (405)
Spagna 182 pb. (179)
Italia 154 pb. (154)

La sola fregatura nel campo degli investimenti che ho preso nella vita è quella che mi è capitata quando ho affidato i miei risparmi ai Fondi di Investimento: Fondi azionari, bilanciati, obbligazionari, monetari, high teck, high risk, ecc.
Tutti un fallimento, con perdite in conto capitale per gli azionari, anche dopo diversi anni di pazienza. In particolare, per quelli obbligazionari e monetari, avrei guadagnato di più rinnovando dei semplici BOT semestrali. Adesso divento allergico solo a sentire parlare di Fondi!
Buona serata agli amici del thd greco.
Ciao, ciao, Giuseppe

 

[tommy271]

Greece, Israel to resume military exercise: ministry
(AFP)



ATHENS — Greece and Israel will resume a joint military exercise next week which was postponed after the deadly Israeli assault on a Gaza-bound aid flotilla in May, the Greek defence ministry said on Thursday.
The two countries will stage four days of joint aerial training manoeuvres on October 11-14 around the island of Crete and the western Peloponnese peninsula, which were part of May's "Minoas 2010" exercise, the ministry said.


Eight Greek combat helicopters will take part in the drills, including three Black Hawk UH-60 helicopters and three Apaches, the ministry said.
The exercise was interrupted after an Israeli raid on a Gaza-bound aid flotilla on May 31 in which nine Turkish passengers died.
Greece also cancelled a visit by the chief of staff of Israel's airforce after the raid, which drew worldwide condemnation.


Traditionally pro-Arab, Greece has improved relations with Israel and in August Benjamin Netanyahu became the first Israeli prime minister to visit Greece.
Greece and Israel began limited military co-operation in 1994, and the first joint manoeuvres involving combat aircraft took place in 2008.

 

[mago gambamerlo]

Quanto hai ragione / Quanto hai ragione !!!! E' una spalmatura di commissioni di proporzioni gigantesche !
E continuano imperterriti et appena possono rieccoti il discorsetto " guarda ci sarebbe un fondo "x" o "Y' bla blla bla ..." ; Ora hanno la moda dei fondi Bonds Mercati Emergenti in valute locali ... cosi al prossimo "esodo" ti ritrovi con un tranquillo -20% scusate l' OT

La sola fregatura nel campo degli investimenti che ho preso nella vita è quella che mi è capitata quando ho affidato i miei risparmi ai Fondi di Investimento: Fondi azionari, bilanciati, obbligazionari, monetari, high teck, high risk, ecc.
Tutti un fallimento, con perdite in conto capitale per gli azionari, anche dopo diversi anni di pazienza. In particolare, per quelli obbligazionari e monetari, avrei guadagnato di più rinnovando dei semplici BOT semestrali. Adesso divento allergico solo a sentire parlare di Fondi!
Buona serata agli amici del thd greco.
Ciao, ciao, Giuseppe