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

[call54]

(AGI) Yokohama - L'Irlanda non e' la Grecia ed e' in grado di gestire bene i suoi problemi di bilancio. Lo ha sottolineato il direttore generale del Fondo Monetario Internazionale, Dominique Strauss-Kahn, a margine del vertice Apec in corso in Giappone. "Finora non ho ricevuto richieste (d'aiuto) e penso che l'Irlanda sia in grado di gestirsi bene", ha detto Strauss-Kahn ai giornalisti. Tuttavia, se necessario, ha aggiunto, il Fondo e' pronto ad aiutare Dublino. .

 

[tommy271]

BUONGIORNO A TUTTI! UN SALUTO PARTICOLARE A TOMMY.

SEMPRE INTERESSANTE LEGGERVI.

VI POSTO QUESTA :


Crisi, il Wall Street Journal: “La Grecia varerà nuove misure di austerity”


La Grecia si appresta ad annunciare la prossima settimana nuove misure di austerity per raccogliere 4,5 miliardi di euro. Lo scrive il Wall Street Journal citando due fonti del governo di Atene, secondo cui i provvedimenti riguarderanno principalmente tagli alla spesa pubblica, ma anche ulteriori tasse indirette.

12 novembre 2010 | 21:24

SECONDO ME C'E' LA VOLONTA'.QUANTO MENO.DI IMBOCCARE LA STRADA GIUSTA.SE TUTTE LE PARTI IN CAUSA REMERANNO DALLA STESSA PARTE LE COSE POTREBBERO PIANO PIANO SISTEMARSI.ME LO AUGURO,SE NON ALTRO PER I NOSTRI PORTAFOGLI..

LA PROSSIMA SETTIMANA POTREBBE,E DOVREBBE SECONDO ME,ESSERE FORIERA DI FATTI POSITIVI.STAREMO A VEDERE.

Ciao Call, la manovra era già pronta da un mese.
Aspettano il secondo turno elettorale per renderla nota.
Ovviamente la Troika non vuole interferire con la politica interna ellenica, un favore a Papandreou.

 

[tommy271]

azz... un triplo salto carpiato all'indietro...

Siamo fortunati che la linea economica la detta Schaeuble, la Merkel è proprio zero al quoto ...

 

[tommy271]

PASOK low-key ahead of elections

Government plays down chances of success ahead of close contests in key regions and municipalities

PASOK tried yesterday to play down expectations of scoring notable victories in tomorrow’s second round of local elections, when voters will decided who takes control of 11 regions and more than 200 municipalities.
Government sources tried to dampen suggestions from PASOK members earlier this week that the Socialists were confident they could win the vast majority of the remaining regions and some of the country’s key municipalities, such as Athens, Piraeus and Thessaloniki.
Having already secured control of two of a total of 13 municipalities, sources said that PASOK would be happy to see its candidates successful in a total of seven, so that it has a hold on at least one more region than New Democracy. Government sources were also letting it be known that PASOK is bracing for the possibility of losing the country’s three biggest municipalities.
It appears that the Socialists are downplaying their chances of major success tomorrow on purpose, as they fear giving fodder to New Democracy, which would play up any government defeats as a growing tide against the austerity measures PASOK has adopted.
In actual fact, it seems that the contests between PASOK- and ND-backed candidates in key regional and municipal seats is likely to be very close. In the first round, the two leading hopefuls in Athens, Piraeus and Thessaloniki were only separated by a 4 to 6.5 percent difference.
In contrast to the government, New Democracy attempted yesterday to stoke up support and expectations of a possible breakthrough. Party leader Antonis Samaras said that the second round was “the key political moment” of the elections. Samaras was in Peristeri, western Athens, yesterday in an effort to gain backing for ND’s candidate for Attica governor, Vassilis Kikilias. The former basketball player will attempt to beat PASOK’s Attica Prefect Yiannis Sgouros in what is expected to be close contest.
In the City of Athens, conservative Mayor Nikitas Kaklamanis is attempting to fend off the challenge of independent Giorgos Kaminis, who is backed by PASOK. In an apparent attempt to woo right-wing voters, Kaklamanis yesterday suggested that all illegal immigrants should be expelled from the country. “The immediate repatriation, through legal means, off all illegal migrants must be pursued,” he said.


(Kathimerini.gr)

 

[tommy271]

No decision

Hellenic Postbank SA, a Greek state-controlled lender, said it hasn’t decided whether to sell its 32.9 percent stake in T Bank SA, in response to press reports.

“No such decision has been taken by the bank,” according to an e-mailed company statement sent yesterday.



(Bloomberg)

 

[tommy271]

Economy shrinks by 4.5 percent

In Greece, lower consumption, drop in investments outweigh slight improvement in exports, as eurozone grows



Greece’s economy shrank at an annual 4.5 percent pace in the third quarter as the recession deepened from a 4.0 percent slump in the previous quarter, according to provisional estimates unveiled by the Hellenic Statistical Authority (ELSTAT) yesterday.

Quarter-on-quarter, Greece’s 240-billion-euro economy, which comprises about 2.5 percent of the eurozone economy, shrank 1.1 percent. Economists had forecast a contraction rate of 1.4 to 1.5 percent.

“Recessionary pressures are intensifying on a yearly basis, as domestic demand weakens and this cannot be offset by the relative improvement in exports,” National Bank economist Nikos Magginas told Reuters.

“The average decline in economic activity in the first three quarters of 2010, following today’s revision [of past data], comes to minus 3.7 percent. This confirms the EU-IMF and government forecast of a 4.0 percent recession or a touch deeper,” he added.

The contraction in Greece contrasted with growth in Germany, France and Italy that helped fuel an expansion of 0.4 percent in the euro region in the quarter.

Finance Minister Giorgos Papaconstantinou said in September that the brunt of the austerity measures in Greece would be felt in the third quarter.

European Union statistical service Eurostat is set to announce revisions of Greece’s 2009 deficit and debt on Monday, with Papaconstantinou saying the budget gap could come in at 15.5 percent.

This may have a knock-on effect on the deficit for this year and next, possibly entailing further spending cuts as revenue collection falls short of targets.

Austerity moves, coupled with higher inflation and mounting unemployment, are dampening household and business spending power. Greece’s economy will shrink 4 percent this year, according to government and EU estimates. That’s twice the pace of last year’s contraction.

“The significant decrease recorded in final consumption expenditure and gross fixed-capital formation has contributed to the decline of gross domestic product,” ELSTAT said in a statement.

“The improvement in the external trade balance has partially offset the effect of the above factors.”
Final third-quarter gross domestic product figures are due on December 9.


(Kathimerini.gr)

 

[tommy271]

More anticipating Greek default


With Greece getting ready to borrow some 300 million euros on the capital markets next week, a survey showed that a growing majority of experts believe the country’s economic woes will prove to be unsurpassable.
The Public Debt Management Agency (PDMA) said yesterday that it will auction 300 million euros of 13-week treasury bills on Tuesday, continuing its strategy of monthly short-term debt sales.

The PDMA, which faces no rollover need in November, is borrowing smaller amounts this month after the spike in yield spreads on the eurozone’s so-called periphery, brought about by rising sovereign creditworthiness concerns.
Yesterday, the difference in yield between 10-year Greek government paper and German bunds of a similar duration was around 916 basis points.

Greece switched to monthly issues of short-term government paper from quarterly sales in September, seeking to improve cash management as it struggles to emerge from its debt crisis.
Successful issues of short-term debt could set the stage for Athens to become a more active issuer again after fears of it defaulting on its burgeoning debt effectively shut it out of the market.

Greece faces a small rollover next month, as 480 million euros of three-month paper matures on December 24. It sold 1.17 billion euros of three-month T-bills at an average yield of 3.75 percent on October 19, down 23 basis points from 3.98 percent in a September sale.

Meanwhile, the latest Bloomberg Global Poll showed that 71 percent of respondents believe that Greece will default, compared with 67 percent who said so in a September poll. Just over half (51 percent) said that they see a default by Ireland as being likely, while 38 percent said that Portugal is seen as going bankrupt. The poll of 1,030 Bloomberg customers – investors, analysts or traders – was conducted on Monday.

(Kathimerini.gr)

 

[Grisù]

The poll of 1,030 Bloomberg customers – investors, analysts or traders – was conducted on Monday.

Caspita, tutti premi nobel per l'economia.
Roba che era più attendibile una survey fatta dal processo di biscardi.

 

[Grisù]

azz... un triplo salto carpiato all'indietro...

Hanno fatto lo stesso giochetto di qualche mese fa pre bailout, quando rinviarono il salvataggio di settimane.

La contadina e il salumiere giocano a ribassare l'euro con le loro dichiarazioni, se il resto d'europa avesse un senso li avrebbero sbattuti fuori dall'area euro a raddrizzare wurstel con il loro insignificante marco.

 

[tommy271]

Hanno fatto lo stesso giochetto di qualche mese fa pre bailout, quando rinviarono il salvataggio di settimane.

La contadina e il salumiere giocano a ribassare l'euro con le loro dichiarazioni, se il resto d'europa avesse un senso li avrebbero sbattuti fuori dall'area euro a raddrizzare wurstel con il loro insignificante marco.

Tutto vero quel che dici, però temo fortemente che questa volta i tedeschi faranno veramente fatica ad aprire il portafoglio per l'Irlanda.
D'altra parte, da un punto di vista materiale, a quanto è servito - sui mercati - il salvataggio della Grecia?
Dopo aver stanziato soldi e aver avviato il programma di risanamento siamo ancora a discutere di default e haircut...

Non vorrei che si imboccassero nuove e più tortuose vie.

D'altra parte se è vero che anche qui le banche tedesche (e inglesi) hanno fatto il pieno di bond è altrettanto vero che da un punto di vista geostrategico l'Irlanda conta poco o nulla.