giutrader
Forumer attivo
Sarà questa la notizia che ha fatto allargare gli spread di 40 bp, ora quotano inesorabilmente 863.
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
- Creatore Discussione Imark
- Data di Inizio
- Stato
Sarà questa la notizia che ha fatto allargare gli spread di 40 bp, ora quotano inesorabilmente 863.
tommy271
Forumer storico
Il salto di 20 pb circa è anomalo.
tommy271
Forumer storico
Slovak Finance Minister:EFSF Increase Won't Solve Debt Problem
BRUSSELS - Increasing the size of the euro zone's rescue fund for financially-troubled countries won't solve the underlying problem of insolvent states and banks, Slovakia's Finance Minister Ivan Miklos said in a statement posted on the ministry's website.
The statement, posted to coincide with a two-day meeting of euro group and European Union finance ministers, said that the very creation of the European Financial Stability Facility was a mistake, and that the increase in its size that some ministers are lobbying for would be another one.
"Unless the private sector-- in particular--is taken on board, the bill will continue to be footed by the taxpayer only," Miklos said, although he acknowledged the risk that forcing banks to absorb losses on their bondholdings could lead to further increases in government borrowing costs, further aggravating the debt crisis.
Euro group finance ministers agreed in principle late Monday that they will provide the European Stability Mechanism, a permanent institution that will replace the EFSF when its mandate expires in mid-2013, with an effective lending capacity of at least EUR500 billion. That sum could be bolstered on a case-by- case basis by the International Monetary Fund and by EU member states that don't use the euro, such the U.K., Sweden and Denmark.
"The question to be answered is relatively simple: Who will foot the bill?" Miklos said.
In addition to repeating his criticism of Greece's lack of control over public and private-sector wages over the last decade, Miklos also singled out German banks as being prominent in lending to Greece to its boom.
Separately, the ministers had also agreed to nominate Belgium's Peter Praet to replace Gertrude Tumpel-Gugerell on the board of the European Central Bank, ahead of Slovakian National Bank board member Elena Kohutikova. The nomination leaves the ECB's governing council without a single female member. Miklos' statement didn't comment on that decision, which euro group chairman Jean-Claude Juncker had said was 'unanimous'.
(Dow Jones)
***
I soliti noti ...
BRUSSELS - Increasing the size of the euro zone's rescue fund for financially-troubled countries won't solve the underlying problem of insolvent states and banks, Slovakia's Finance Minister Ivan Miklos said in a statement posted on the ministry's website.
The statement, posted to coincide with a two-day meeting of euro group and European Union finance ministers, said that the very creation of the European Financial Stability Facility was a mistake, and that the increase in its size that some ministers are lobbying for would be another one.
"Unless the private sector-- in particular--is taken on board, the bill will continue to be footed by the taxpayer only," Miklos said, although he acknowledged the risk that forcing banks to absorb losses on their bondholdings could lead to further increases in government borrowing costs, further aggravating the debt crisis.
Euro group finance ministers agreed in principle late Monday that they will provide the European Stability Mechanism, a permanent institution that will replace the EFSF when its mandate expires in mid-2013, with an effective lending capacity of at least EUR500 billion. That sum could be bolstered on a case-by- case basis by the International Monetary Fund and by EU member states that don't use the euro, such the U.K., Sweden and Denmark.
"The question to be answered is relatively simple: Who will foot the bill?" Miklos said.
In addition to repeating his criticism of Greece's lack of control over public and private-sector wages over the last decade, Miklos also singled out German banks as being prominent in lending to Greece to its boom.
Separately, the ministers had also agreed to nominate Belgium's Peter Praet to replace Gertrude Tumpel-Gugerell on the board of the European Central Bank, ahead of Slovakian National Bank board member Elena Kohutikova. The nomination leaves the ECB's governing council without a single female member. Miklos' statement didn't comment on that decision, which euro group chairman Jean-Claude Juncker had said was 'unanimous'.
(Dow Jones)
***
I soliti noti ...
tommy271
Forumer storico
Greek 4Q GDP Decreased By 6.6% On Year
The Hellenic Statistical Authority announced on Tuesday that the Gross Domestic Product for the 4th quarter of 2010 decreased by 6.6% in comparison with the 4th quarter of 2009 and by 1.4% in comparison with the 3rd quarter of 2010.
In its report, the statistics agency noted that the significant decrease recorded in final consumption expenditure has contributed to the decline of GDP, while the improvement in the external trade balance has partially offset the negative effect.
Data for the period Q1 2006 – Q3 2010 are revised according to:
1) The adjustment of quarterly GDP estimates to the corresponding annual estimates for the period 2006-2009, which were recorded in the Excessive Deficit Procedure (EDP) notification of November 2010.
2) The introduction of quarterly General Government accounts for the year 2009, which are consistent and comparable with the corresponding quarterly data of the year 2010. The quarterly results of 2009-2010 have been calculated mainly with data from direct sources. It should be noted that the quarterly figures for 2009-2010 are not comparable with the quarterly figures for the years 2000-2008, which include General Government quarterly figures that have not been calculated using data from direct sources.
(capital.gr)
The Hellenic Statistical Authority announced on Tuesday that the Gross Domestic Product for the 4th quarter of 2010 decreased by 6.6% in comparison with the 4th quarter of 2009 and by 1.4% in comparison with the 3rd quarter of 2010.
In its report, the statistics agency noted that the significant decrease recorded in final consumption expenditure has contributed to the decline of GDP, while the improvement in the external trade balance has partially offset the negative effect.
Data for the period Q1 2006 – Q3 2010 are revised according to:
1) The adjustment of quarterly GDP estimates to the corresponding annual estimates for the period 2006-2009, which were recorded in the Excessive Deficit Procedure (EDP) notification of November 2010.
2) The introduction of quarterly General Government accounts for the year 2009, which are consistent and comparable with the corresponding quarterly data of the year 2010. The quarterly results of 2009-2010 have been calculated mainly with data from direct sources. It should be noted that the quarterly figures for 2009-2010 are not comparable with the quarterly figures for the years 2000-2008, which include General Government quarterly figures that have not been calculated using data from direct sources.
(capital.gr)
tommy271
Forumer storico
Ho provato a cercare qualche rumors in grado di giustificare lo "sballo" dello spread ma non ho trovato nulla.
D'altra parte i nostri sono poco liquidi, basta qualche milionata per farli saltare ...
Vediamo se tra un pò non correggono, altrimenti meglio levarsi dai book (per chi opera intraday).
D'altra parte i nostri sono poco liquidi, basta qualche milionata per farli saltare ...
Vediamo se tra un pò non correggono, altrimenti meglio levarsi dai book (per chi opera intraday).
tommy271
Forumer storico
Legislation to prohibit sale of public land
(ANA-MPA)Prime minister George Papandreou on Tuesday announced that the government will take a legislative initiative in the next few days that will prohibit the sale or transfer of ownership of public land.
Addressing a greeting to the first meeting of the National Council on Life-Long Learning and connection with Employment, Papandreou added that he will ask all the political parties, through dialogue, to agree to such a legislative regulation and at a later time, with the revision of the Constitution, that this be contained in the Constitution as well.
Papandreou added that only Parliament will be given the authority to decide on the transfer of small expanses of land.
This, he said, is the government's reply to the current conjuncture but also in the long-term, and reiterated: "Our firm position is -- and I say this to everyone inside and outside the country who have not appreciated it -- that we are talking about exploitation of the state assets for development and for debt repayment. The term 'exploitation' should not be confused with the term 'sale'. Greece is not selling its land."
"Our obligation is to make deep-rooted changes and rid the country of dependence and Memorandums. No one is proud that, every so often, some gentlemen come and inspect our work," Papandreou said in an indirect reference to the EU-IMF troika's recent press conference in Athens and ensuing reactions.
(ana.gr)
(ANA-MPA)Prime minister George Papandreou on Tuesday announced that the government will take a legislative initiative in the next few days that will prohibit the sale or transfer of ownership of public land.
Addressing a greeting to the first meeting of the National Council on Life-Long Learning and connection with Employment, Papandreou added that he will ask all the political parties, through dialogue, to agree to such a legislative regulation and at a later time, with the revision of the Constitution, that this be contained in the Constitution as well.
Papandreou added that only Parliament will be given the authority to decide on the transfer of small expanses of land.
This, he said, is the government's reply to the current conjuncture but also in the long-term, and reiterated: "Our firm position is -- and I say this to everyone inside and outside the country who have not appreciated it -- that we are talking about exploitation of the state assets for development and for debt repayment. The term 'exploitation' should not be confused with the term 'sale'. Greece is not selling its land."
"Our obligation is to make deep-rooted changes and rid the country of dependence and Memorandums. No one is proud that, every so often, some gentlemen come and inspect our work," Papandreou said in an indirect reference to the EU-IMF troika's recent press conference in Athens and ensuing reactions.
(ana.gr)
giub
New Membro
Ed è stata positiva... immagina se fosse stata negativa
era quello che mi dicevo io...si è scesi al 3.85 % dal 4.1% di gennaio...e questi festeggiano così? mah....
tommy271
Forumer storico
EURO GOVT-Greek bond yield spread widens on weak GDP data
LONDON | Tue Feb 15, 2011 7:06am EST
LONDON Feb 15 (Reuters) - The premium investors demand to hold Greek government debt rather than German Bunds rose on Tuesday after GDP data showed the country's recession deepened in the fourth quarter of 2010.
Greece's economy shrank at an annual 6.6 percent pace in the fourth quarter deteriorating further from a revised 5.7 percent slump in the previous quarter, flash Eurostat estimates showed. "It's a slightly delayed reaction to the GDP numbers that came out today," a trader said. "Maybe some market participants imagined the ECB would step in and when they didn't turn up some people lost heart and started selling it down."
The Greek/German 10-year bond yield GR10YT=TWEB DE10YT=TWEB spread widened by 26 bps to 860 bps as the outright Greek yield climbed to 11.93 percent.
***
Stavolta siamo arrivati prima di Reuters...
L'affondo è comunque molto pesante, vediamo se interviene la BCE o lascerà correre ...
LONDON | Tue Feb 15, 2011 7:06am EST
LONDON Feb 15 (Reuters) - The premium investors demand to hold Greek government debt rather than German Bunds rose on Tuesday after GDP data showed the country's recession deepened in the fourth quarter of 2010.
Greece's economy shrank at an annual 6.6 percent pace in the fourth quarter deteriorating further from a revised 5.7 percent slump in the previous quarter, flash Eurostat estimates showed. "It's a slightly delayed reaction to the GDP numbers that came out today," a trader said. "Maybe some market participants imagined the ECB would step in and when they didn't turn up some people lost heart and started selling it down."
The Greek/German 10-year bond yield GR10YT=TWEB DE10YT=TWEB spread widened by 26 bps to 860 bps as the outright Greek yield climbed to 11.93 percent.
***
Stavolta siamo arrivati prima di Reuters...
L'affondo è comunque molto pesante, vediamo se interviene la BCE o lascerà correre ...
tommy271
Forumer storico
Ministri Ecofin appoggeranno alcuni punti di Patto competitività
martedì 15 febbraio 2011 11:50
BRUXELLES, 15 febbraio (Reuters) - I ministri delle Finanze Ue daranno il proprio appoggio oggi ad alcune delle idee contenute nel patto di competitività franco-tedesco, rivela una bozza di comunicato, aprendo la strada a un accordo il prossimo mese per una soluzione definitiva alla crisi del debito europea. Il documento ottenuto da Reuters mostra infatti che i ministri appoggeranno delle proposte della Commissione europea avanzate prima dell'iniziativa franco-tedesca (risalente al 4 febbraio) e che hanno molti punti in comune con quest'ultima.
martedì 15 febbraio 2011 11:50
BRUXELLES, 15 febbraio (Reuters) - I ministri delle Finanze Ue daranno il proprio appoggio oggi ad alcune delle idee contenute nel patto di competitività franco-tedesco, rivela una bozza di comunicato, aprendo la strada a un accordo il prossimo mese per una soluzione definitiva alla crisi del debito europea. Il documento ottenuto da Reuters mostra infatti che i ministri appoggeranno delle proposte della Commissione europea avanzate prima dell'iniziativa franco-tedesca (risalente al 4 febbraio) e che hanno molti punti in comune con quest'ultima.
tommy271
Forumer storico
Ecofin, nessun bisogno di discutere di Efsf - Schaeuble
martedì 15 febbraio 2011 12:58
BRUXELLES, 15 febbraio (Reuters) - Nella riunione dell'Ecofin di oggi non si è parlato del fondo di stabilità europeo Efsf e una discussione sul tema non è ancora necessaria.
Lo ha riferito il ministro delle Finanze tedesco Wolfgang Schaeuble.
"Non abbiamo parlato dell'Efsf perché in tal caso avremmo causato una reazione a breve (del mercato), cosa di cui non abbiamo bisogno. Abbiamo adottato delle misure", ha detto Schaeuble riferendosi al fondo European Financial Stability Facility da 440 miliardi di euro.
"Se e quando sarà necessario, saremo pronti ad agire alla velocità della luce", ha aggiunto.
Gli stati membro della zona stanno cercando di aumentare l'effettiva capacità di prestito dell'Efsf da circa 250 miliardi di euro fino a tutti i suoi 440 miliardi nominali ma la Germania continua a frenare sulla questione.
"Non c'era bisogno di affrontare l'argomento Efsf" ha detto Schaeuble.
"Se ne parleremo prima di fine marzo, sarà de vedere", ha concluso.
martedì 15 febbraio 2011 12:58
BRUXELLES, 15 febbraio (Reuters) - Nella riunione dell'Ecofin di oggi non si è parlato del fondo di stabilità europeo Efsf e una discussione sul tema non è ancora necessaria.
Lo ha riferito il ministro delle Finanze tedesco Wolfgang Schaeuble.
"Non abbiamo parlato dell'Efsf perché in tal caso avremmo causato una reazione a breve (del mercato), cosa di cui non abbiamo bisogno. Abbiamo adottato delle misure", ha detto Schaeuble riferendosi al fondo European Financial Stability Facility da 440 miliardi di euro.
"Se e quando sarà necessario, saremo pronti ad agire alla velocità della luce", ha aggiunto.
Gli stati membro della zona stanno cercando di aumentare l'effettiva capacità di prestito dell'Efsf da circa 250 miliardi di euro fino a tutti i suoi 440 miliardi nominali ma la Germania continua a frenare sulla questione.
"Non c'era bisogno di affrontare l'argomento Efsf" ha detto Schaeuble.
"Se ne parleremo prima di fine marzo, sarà de vedere", ha concluso.
- Stato
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