Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1 (9 lettori)

[tommy271]

ARCHEOLOGIA: TROVATO IN GRECIA LO SCRITTO PIU' ANTICO D'EUROPA


(ASCA-AFP) - Atene, 5 apr - Scoperta in Grecia una tavoletta di argilla risalente a oltre tremila anni fa e considerata il piu' antico testo leggibile d'Europa. Lo ha annunciato un professore di archeologia dell'Universita' del Missouri, Michael Cosmopoulos, spiegando che la tavoletta, proveniente da un'antica citta' Micenea, e' di almeno un secolo piu' vecchia delle precedenti scoperte. Il ritrovamento e' avvenuto nei pressi del villaggio di Iklaina, nella penisola del Peloponneso, e l'iscrizione e' in ''Linear B'', una forma di scrittura utilizzata dai micenei nel periodo dell'eta' del bronzo.

 

[tommy271]

Barroso: "diminuire il peso" di Irlandia e Grecia

2011-04-06 13:12:38 cri

Il 5 aprile nel corso della conferenza plenaria del Parlamento Europeo tenutasi a Strasbourg in Francia, il presidente della Commissione Europea Josè Manuel Barroso ha detto che l'Ue non deve far gravare sulle spalle della Grecia e dell'Irlanda il peso di aver accettato gli aiuti.
Nella crisi di debiti sovrani nella zona Euro, per ottenere la somma dei capitali di soccorsi dall'Ue e dal Fondo Monetario Internazionale, la Grecia e l'Irlandia devono pagare un alto tasso di interesse per il prestito. Un tasso troppo alto aumenterà le pressioni sui due paesi e non li favorirà a consolidare le proprie finanze ed uscire dalla crisi.



(Radio Cina Internazionale)

 

[tommy271]

Trichet e l'aumento dei tassi:

Il gioco del pollo e la prova di forza - Il Sole 24 ORE

 

[tommy271]

Il pensiero di El Erian intorno ai periferici:

http://www.ilsole24ore.com/art/notizie/2011-04-06/pimco-investira-banche-063708.shtml?uuid=AaVjsWMD

 

[tommy271]

Solo quando il terreno ci scricchiolerà sotto i piedi cominceremo a muoverci:

FondiOnLine.it

 

[tommy271]

Embassy in Libya suspended




The Greek Foreign Ministry announced on Monday evening the suspension of the Greek embassy's operation in Tripoli, Libya.

According to a ministry announcement, Greek interests will be represented by the embassy of Hungary, the country that currently holds the EU six-month rotating Presidency.

(ana.gr)

 

[tommy271]

PASOK MPs take minister to task over economic policy

Papaconstantinou defends extra measures and guarantees for banks

Finance Minister Giorgos Papaconstantinou on Tuesday faced a grilling from PASOK MPs, who accused the government of adopting too many austerity measures and of being too quick to bail out Greek banks.

Papaconstantinou who later this week will face representatives of the European Commission, European Central Bank and the International Monetary Fund - collectively known as the troika - in Athens, as well as fellow finance ministers from eurozone countries at a meeting in Hungary, had to first feel the wrath of PASOK MPs.

Former minister Vasso Papandreou was one of Papaconstantinou’s most vehement critics during yesterday’s meeting, as she has been for some months. “You have no overall plan,” she reportedly told the finance minister. Papandreou argued that the economic policy being followed by the government is not producing results as Papaconstantinou is constantly forced to announce new cost-cutting and revenue-raising measures.

Another PASOK deputy, Sofia Yiannaka said that she was finding it very difficult to support the government because it continuously denies that it is going to adopt measures but subsequently always does. Papaconstantinou replied that he has never denied that more measures would be needed. He said that he has, however, committed to not making across-the-board cuts to public sector wages and pensions.

Socialist deputy Nadia Giannakopoulou questioned the government’s decision to agree to provide Greek banks with a further 30 billion euros in bailout funds. She pointed out that when the previous New Democracy administration had made 28 billion euros available to banks, PASOK, then in opposition, had made a big fuss. Papaconstantinou said that the government had to provide the guarantees to ensure a strong domestic banking system and that banks would continue to lend to Greek businesses. He said this would also help exports and move the economy toward growth in 2012.

On Thursday, Papaconstantinou will have to explain to finance ministers from eurozone countries why Greece’s deficit for 2010 has been revised upward from 9.5 percent of gross domestic product to 10.6 percent.

ekathimerini.com , Tuesday April 5, 2011 (22:57)

***
Mal di pancia nel Pasok.

 

[tommy271]

Greek ATEbank sets terms of 1.26 bln eur cash call


ATHENS, April 5 (Reuters) - Greece's ATEbank (AGBr.AT), the only Greek lender to fail EU-wide bank stress tests last year, announced on Tuesday the terms of a 1.26 billion euro rights issue aimed at boosting its capital.
The move is a further step by the state-controlled bank to deal with the country's huge debt crisis, which devalued its government bond portfolio and increased its bad loans.
The bank plans to issue 1.177 billion new common shares, 13-for-1 at 1.07 euro each, its board of directors said.
The subscription price reflects a discount of 31.7 percent from the theoretical ex-rights price based on the weighted average close of the last 6 months.
ATEbank said the plan will entail a 1-for-10 reverse split, with an increase in the par value of its common shares to 7.2 euros from 0.72 euros.
It will then decrease its share capital by 597.6 million euros, and cut the par value of its shares from 7.20 to 0.60 euro, in order to create a special reserve of an equal amount.
The lender will propose these terms to its shareholders on April 29.
The government, as a major shareholder, has said it will fully exercise its rights by contributing 974 million euros.
ATEbank was the only Greek lender to fail the pan-European stress test last year. The simulation revealed a Tier I capital ratio of 4.36 percent -- above the regulatory minimum of 4 percent but below the stress test threshold of 6 percent.
The rights offer, to be completed by July, will raise its total capital adequacy ratio to 12.54 percent, the lender said last month.

 

[tommy271]

Greece determined to exit economic crisis stronger, says official



13:56, April 06, 2011


The Greek government is determined to continue marathon efforts so that Greece will exit the current economic crisis stronger, Greek Finance Minister George Papaconstantinou reassured local and foreign investors Tuesday during a forum held in Athens.

"We have made the first steps in a difficult marathon race, but we can overcome the crisis stronger," stressed Papaconstantinou, addressing the 11th International Venture Capital and Private Equity Forum organized by the Hellenic Venture Capital Association (HVCA) which represents Greek and foreign investors who currently manage over 1.5 billion euros (2.12 billion U.S. dollars).

The aim of the two-day event is to bring together businessmen and investors from Britain and Germany to Cyprus who will examine over 113 business plans and opportunities to invest in Greece and abroad, noted HVCA Chairman Vassilis Takas.

If these ideas will be eventually materialized the forum will contribute to the flow of 500 million euros (708.9 million dollars) and the creation of 3,500 new job positions over the next few years, added Chairman of Invest in Greece Agency Aris Syngros.

Denouncing doom-sayers who insist on scenarios of a Greek default of restructure of debt, Papaconstantinou called on investors to examine opportunities in Greece, stressing that the debt-ridden country will continue efforts for fiscal adjustment and structural reforms.

Greek society has realized that there are no easy solutions to correct past mistakes and supports change of the structures of the state and mentality, argued the Minister, noting that Greece is already on the path of recovery.

The next steps in the context of the Greek economic adjustment and growth program to boost development and manage public property in a better manner will be officially announced in the coming weeks, said Papaconstantinou.

In the meantime a technical team of experts of the European Union and International Monetary Fund (IMF) launched Tuesday a new round of meetings with Greek state officials, including Papaconstantinou, ahead of the release of the fifth trance of EU-IMF aid to Athens.

Greece escaped default last year securing a multi-billion euro EU-IMF aid package, pledging drastic austerity measures and reforms. EU-IMF officials examine the progress made each time before the release of the next tranche of aid.

On the agenda of discussions between foreign inspectors and Greek state officials this time are the next measures to be taken so that Greece will raise revenues over 20 billion euros (28.35 billion dollars) over the next four years to slash the budget deficit to less than three percent of GDP by 2014 and return to growth.

(Agenzia Nuova Cina)

 

[tommy271]

L'altro giorno pare che Soros abbia riferito a Papandreou che Obama sostiene la Grecia affermando che "vuole salvare la Grecia". Non altrettanta convinzione esprimono i rappresentanti europei.
Per il momento ci troviamo in una situazione di stabilità che dura da troppo tempo:le quotazioni potrebbero prendere una direzione più precisa.
Alla Grecia si avvicinano poco alla volta Irlanda e Portogallo, mentre il gruppetto finale è sempre più distante.
In questa situazione penso che i fondi a disposizione dell'EFSF siano sufficienti per i tre paesi, senza scomodare la Spagna che potrebbe ritenersi fuori dal gioco.

Grecia 935 pb. (938)
Irlanda 674 pb. (651)
Portogallo 551 pb. (549)
Spagna 190 pb. (191)
Italia 137 pb. (139)
Belgio 88 pb. (88)