Anche questo non aiuta... la Merkel che dice che la situazione greca "rischia" di nuocere all'euro (o meglio, di fargli del bene, non facendolo apprezzare eccessivamente sul $).
Però la frase in grassetto è il nocciolo della questione: la Merkel ha dichiarato: "Chi può costringere il parlamento greco a varare una riforma previdenziale ? Non credo che sarebbero entusiasti di ricevere istruzioni dalla Germania"
Merkel Says Greece Means Euro Faces ‘Difficult’ Time (Update2)
January 14, 2010, 06:45 AM EST
(Adds decline in Greek bonds.)
By Tony Czuczka
Jan. 14 (Bloomberg) -- German Chancellor Angela Merkel said Greece’s mounting budget deficit risks hurting the euro, saying the currency faces a “very difficult phase.”
Merkel, speaking at a private forum hosted by Die Welt newspaper yesterday, questioned the fiscal discipline of other countries using the euro, according to a transcript posted on the German government’s Web site today.
“The Greek example can put us under great, great pressures,” she said, according to the transcript. “Who will tell the Greek parliament to please go ahead and pass a pension reform? I don’t know that they’ll be enthusiastic about Germany giving them instructions.”
German lawmakers wouldn’t be happy if Greece told them what to do, she said. “So the euro is in a very difficult phase over the coming years.”
Greek 10-year bonds extended declines. They yielded 5.99 percent, up 11 basis points, or 0.11 percentage points at 12:08 p.m. in Berlin. That includes an increase of 3 basis points after Merkel’s remarks were reported.
In Athens, Greek Prime Minister George Papandreou announced plans to cut spending and raise revenue by about 10 billion euros ($14.5 billion) this year as part of a three-year plan adopted today to bring the European Union’s biggest budget deficit within the EU limit in 2012.
“We will do whatever it takes,” Papandreou said in a televised speech to his Cabinet. “Our country can and is obliged to exit as soon as possible this vicious circle of misery. We will not retreat; we will proceed quickly.”
The plan, to be presented to the European Commission tomorrow, aims to cut the shortfall from 12.7 percent of output, more than four times the EU limit, to 8.7 percent this year. That reduction will be achieved even though the economy will contract 0.3 percent, the plan says. The budget deficit will shrink to 5.6 percent next year and 2.8 percent in 2012.