Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1 (26 lettori)

[tommy271]

Chinese Ambassador to Greece Luo Linquan: We helped 1,100 non-Chinese get the hell out of Libya



China's Ambassador to Greece Luo Linquan (罗林泉) has said that China has helped 1,100 foreigners (ie., non-Chinese) leave Libya in its biggest ever evacuation exercise overseas. This is on top of the 13,000 Chinese people that they had to transport on chartered Greek vessels and evacuate via the island of Crete.
Luo had only nice things to say about the Greeks, praising them for simplifying customs procedures and for showing "outstanding hospitality".
"As soon as the Chinese passengers stepped onto dry land, they were greeted warmly and provided with food and water," he told the China Daily. The Greek government also helped to organise the emergency opening of hotels closed during the winter season, and managed to book 20 hotels with enough rooms for all evacuees.
The 1,100 foreign evacuees helped by Luo and his team were mainly from Greece, Italy, Poland, Bangladesh, the Philippines and Vietnam. He hailed this as an "act of humanitarianism" that they needed to do.
Very maganimous, indeed! Someone give that man a Confucius Peace Prize already!


(shanghaiist.com)

 

[Jessica.]

A forza di trading,... sono riuscita ad andare in parita' con la grecia.

Rimango 10K sulla '24.. che non so' come portare a casa..

 

[tommy271]

A forza di trading,... sono riuscita ad andare in parita' con la grecia.

Rimango 10K sulla '24.. che non so' come portare a casa..

Complimenti, non è facile.
Anzi, direi molto impegnativo saper sfruttare le ampie oscillazioni sui nostri GGB.
Specie per titoli poco liquidi.

 

[AAAA47]

rosso... anche oggi.
Secondo me il mercato sconta l'indecisione.. e scommette su un "nulla di fatto" a fine marzo.

anche il decennale tedesco sta scendendo da ieri per la decisione BCE

 

[tommy271]

Intanto anche la Borsa di Atene rimane intorno alle posizioni di ieri a 1587 punti, con + 0,4.
Stesso andamento per gli spread che si trovano intorno a 890 pb., sulle posizioni di ieri nei periodi di massima contrattazione.

 

[Jessica.]

Complimenti, non è facile.
Anzi, direi molto impegnativo saper sfruttare le ampie oscillazioni sui nostri GGB.
Specie per titoli poco liquidi.

ho venduto il 100% della 25 per recuperare 2/3 delle perdite sulla 24
ora vorrei swicciare il rimanente sulla '14..
ma non saprei.. boh!
mi sono anche stancata di pensare alla grecia

 

[tommy271]

ho venduto il 100% della 25 per recuperare 2/3 delle perdite sulla 24
ora vorrei swicciare il rimanente sulla '14..
ma non saprei.. boh!
mi sono anche stancata di pensare alla grecia

Quando, come in questi momenti, la curva si appiattisce meglio preferire il medio/corto.
Ma questo lo sai meglio tu ... .

Quanto al "logoramento" hai perfettamente ragione: sugli ellenici siamo sempre in prima linea.

 

[tommy271]

Salgado Backs Easing Greek Terms as EU Mulls Crisis Tools

March 04, 2011, 4:22 AM EST

By Emma Ross-Thomas and Charles Penty
(Updates with bond yields in seventh paragraph.)


March 4 (Bloomberg) -- Spain favors giving Greece “more flexibility” on rescue loans as European leaders wrangle over an agreement on bolstering the region’s crisis tools, Finance Minister Elena Salgado said.

Spain supports considering “different formulas” for the Greek loan to ease the interest-rate burden as the country steps up austerity measures, Salgado said in an interview in Madrid yesterday. Terms should be “re-examined” as they’re “the same when the country is bearing the impact of the austerity measures as when those measures will be easing” in two or three years.

German Chancellor Angela Merkel has increased her resistance to cutting rates on bailout loans while European leaders are still seeking to reach a consensus on boosting the firepower of the region’s 440 billion-euro ($613 billion) rescue fund. Officials have set a March 25 deadline to come up with fresh measures to help restore investor confidence.

“Talking about moral hazard in the case of Greece seems to me very tough,” Salgado, 61, said. “Aid is only given under very strict conditionality and that’s what avoids moral hazard.”

Spain wants to see the fund’s effective lending capacity increased to the full complement of 440 billion euros, and expects officials to reach an agreement to do so this month, Salgado said. Governments may need more time to decide whether the European Financial Stability Facility should also be allowed to purchase government bonds, she said.

“The more instruments we have to support the euro the better,” Salgado said.


Bank Rules


The gap between Spanish and German borrowing costs widened today for the first time this week, increasing to 212 basis points from 208 basis points yesterday. That compares with a euro-era record of 298 basis points on Nov. 30 and an average of 15 basis points in the euro’s first decade. The spread between Spanish and Portuguese yields is 206 basis points.
Spain is stepping up efforts to distance itself from other so-called peripheral nations including Portugal, whose borrowing costs have surged on investor concern that the country will become the third euro nation to require external aid after Greece and Ireland. Spain isn’t “contemplating” the possibility of Portugal asking for support, Salgado said.


Capital Raising


The Bank of Spain will tell lenders on March 10 how much capital they need to raise to avoid partial nationalization. The new rules set a minimum requirement for core capital, a measure of financial strength, of 8 percent, rising to 10 percent for lenders that don’t have private shareholders holding at least 20 percent of their shares and that depend on wholesale financing.
The rules, first laid out in January, have spurred a flurry of activity among non-traded savings banks as they announced plans to raise capital with stock listings and asset sales.
The prospect that savings banks will have to sell shares at a discount is a price they may have to pay to benefit from the looser capital rules that apply to lenders with listed shares, according to Salgado.
“This is the trade-off,” she said. “Because the time periods that have been imposed are short, maybe they will have to accept valuations that maybe in a few years would be greater.”
Salgado also said the “worst has passed” for the country’s property market. The “default rates on mortgages remain very low,” she said. Bank of Spain figures show the default rate on mortgages at about 2.5 percent compared with more than 5.8 percent for lending across the banking industry.
It may be too early for Salgado to play down the issue of mortgage defaults at a time when unemployment is exceeding 20 percent and borrowing costs are set to increase, said Luis Garicano, a professor at the London School of Economics. “I hope she’s right but there are real uncertainties.”
European Central Bank President Jean-Claude Trichet said yesterday the central bank may raise interest rates next month to fight inflation. About nine out ten mortgages in Spain are linked to changes of interest rates and the country has more than 600 billion euros in outstanding home-mortgage loans.

 

[tommy271]

IMF: Default Not An Option For Greece



International Monetary Fund’s Caroline Atkinson said on Thursday that Greek government has made it clear that “default is not an option”.

Greek government is very committed to carrying out its fiscal program, said Director of the External Relations Department in a press conference.

“I don’t want to speculate about the future. I can just talk about what is currently in the program”, she said.

“We expect the program to be successful”, Atkinson added.

IMF’s director commented that Strauss-Kahn’s contacts with Greek Prime Minister and many European leaders along with work of IMF/EU/European Central Bank resulted in a very successful sort of tripartite cooperation and collaboration, in support of the Greek economy.

Caroline Atkinson also noted that IMF has very close and strong relations with the Greek government.

“We have the highest respect for their policies and their role in outlining what they believe to be the best way to address this crisis in the interests of the Greek people and that is their responsibility for which we have the highest respect”, she concluded.

(capital.gr)

***
Sempre sulle dichiarazioni di ieri della Atkinson.

 

[g.ln]

complimenti: parità con la Grecia

A forza di trading,... sono riuscita ad andare in parita' con la grecia.

Rimango 10K sulla '24.. che non so' come portare a casa..

Buona notizia, anche per gli investitori in Grecia: con pazienza, tenacia, coraggio, e soprattutto abilità, è possibile andare in pareggio partendo anche da situazioni non facili.
Complimenti a Jessica anche da parte mia .
Ciao, ciao, Giuseppe