frmaoro
il Fankazzista
bella questa la sapevo ma hai fatto bene a ricordarla
una delle più belle frasi per chi fa borsa
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
- Creatore Discussione Imark
- Data di Inizio
- Stato
una delle più belle frasi per chi fa borsa
tommy271
Forumer storico
IMF should force Greek restructuring - ex-director
LONDON, June 3 | Fri Jun 3, 2011 6:23am EDT
LONDON, June 3 (Reuters) - The International Monetary Fund should push harder for Greece to restructure its debt and negotiate haircuts with bondholders rather than giving Athens more loans, according to the man who helped negotiate the IMF bailouts for Argentina and Uruguay.
Claudio Loser, a former director of the Western Hemisphere for the IMF, told Reuters Insider that Greece could also benefit from leaving the euro to get its house in order but added such a decision would create a serious problem for the single currency.
"Greece will have to take one or two of the two actions -- restructuring with a haircut and maybe abandoning the euro, although I would say abandoning the euro will be more complicated," Loser said.
A source close to negotiations told Reuters on Thursday that euro zone officials meeting in Vienna had agreed in principle to a new three-year programme for Greece to run until mid-2014, including some role for its private sector creditors.
The programme is expected to see Greece impose a deeper bout of austerity on its struggling economy and promise to speed up a privatisation drive in return for a new international bailout to avoid a debt default.
***
L'opinione di uno degli affossatori dell'Argentina.
L'esperienza non è servita ...
LONDON, June 3 | Fri Jun 3, 2011 6:23am EDT
LONDON, June 3 (Reuters) - The International Monetary Fund should push harder for Greece to restructure its debt and negotiate haircuts with bondholders rather than giving Athens more loans, according to the man who helped negotiate the IMF bailouts for Argentina and Uruguay.
Claudio Loser, a former director of the Western Hemisphere for the IMF, told Reuters Insider that Greece could also benefit from leaving the euro to get its house in order but added such a decision would create a serious problem for the single currency.
"Greece will have to take one or two of the two actions -- restructuring with a haircut and maybe abandoning the euro, although I would say abandoning the euro will be more complicated," Loser said.
A source close to negotiations told Reuters on Thursday that euro zone officials meeting in Vienna had agreed in principle to a new three-year programme for Greece to run until mid-2014, including some role for its private sector creditors.
The programme is expected to see Greece impose a deeper bout of austerity on its struggling economy and promise to speed up a privatisation drive in return for a new international bailout to avoid a debt default.
***
L'opinione di uno degli affossatori dell'Argentina.
L'esperienza non è servita ...
Ultima modifica:
tommy271
Forumer storico
Positive Expectations Drive ASE Upwards
The Athens Stock Exchange follows the reaction pattern of last Tuesday’s meeting, anticipating a positive outcome in the processes regarding the Greek debt.
On Friday, Greek banks posted early profits of 5.3%, “ignoring” the downgrade by Moody’s, while all FTSE20 shares move upwards, with MIG, Alpha Bank, Bank of Cyprus and National Bank standing out.
Pegasus Securities expects the market to most probably trade in exclusively positive territories today opening towards the 1,290 units, which consist today΄s 1st resistance level, with possible spill-over effects likely to bring the GI towards the 1,310 units (2nd resistance level) later during the day.
The securitization of more financing is anticipated to significantly assist the country to meet its obligations, Pegasus adds.
Across the board, the General Index is at 1,306.12 units, up 2.26%, moving on positive grounds from the beginning of the trading session. The turnover stands at €35.5m, while a total amount of 77 shares move upwards, 39 decline and 12 remain unchanged.
Banks are at 988,00 units, with profits of 3.76%. Alpha Bank and Bank of Cyprus soar, gaining 5.79% and 5.74% respectively, whileEurobank, Marfin Popular and Hellenic Postbank record profits of 4.76%, 3.28% and 3.06% respectively.
(capital.gr)
The Athens Stock Exchange follows the reaction pattern of last Tuesday’s meeting, anticipating a positive outcome in the processes regarding the Greek debt.
On Friday, Greek banks posted early profits of 5.3%, “ignoring” the downgrade by Moody’s, while all FTSE20 shares move upwards, with MIG, Alpha Bank, Bank of Cyprus and National Bank standing out.
Pegasus Securities expects the market to most probably trade in exclusively positive territories today opening towards the 1,290 units, which consist today΄s 1st resistance level, with possible spill-over effects likely to bring the GI towards the 1,310 units (2nd resistance level) later during the day.
The securitization of more financing is anticipated to significantly assist the country to meet its obligations, Pegasus adds.
Across the board, the General Index is at 1,306.12 units, up 2.26%, moving on positive grounds from the beginning of the trading session. The turnover stands at €35.5m, while a total amount of 77 shares move upwards, 39 decline and 12 remain unchanged.
Banks are at 988,00 units, with profits of 3.76%. Alpha Bank and Bank of Cyprus soar, gaining 5.79% and 5.74% respectively, whileEurobank, Marfin Popular and Hellenic Postbank record profits of 4.76%, 3.28% and 3.06% respectively.
(capital.gr)
EDESMO
GGB: Est!, Est?, Est.....
ESEG Buy MOT HELLENIC REP 26 5.3 EUR 10000 49,02 03/06/11 12:03:02 10000 49,01
anche io ho fatto un piccolo acquisto questa mattina, in coerenza con la mia posizione positivistica,
sono arrivato a 130k nominali e 35% del PTF
tommy271
Forumer storico
Greek Banks Urge New Collaterals
With increasing the interest rate of Greek special bonds, used as collateral to obtain liquidity from ECB, Greek banks attempt to offset the losses in value of collateral by the “haircut” they suffer, following the consecutive downgrades by international rating agencies.
Banks expect the issue f new bonds guaranteed by the Greek government under the additional package of €30b package. The allocation of securities relatively to the market share of each bank has already implemented.
Banking sources told Capital.gr that after the downgrade by Moody’s -though expected-, the liquidity needs of Greek banks have become suffocating, since the state withdraw its deposits from banks and “drains” them in term of domestic borrowing. The situation is worsened by the uncertainty of the disbursement of the next loan instalment.
Meanwhile, banks increase the interest rate of special bonds to cover the liquidity gaps, resulted by the continuing downgrades of collaterals submitted to the ECB .
Early Friday Moody΄s Investors Service downgraded the deposit and senior debt ratings of the following eight Greek banks:
- National Bank of Greece SA (NBG), to B3 from Ba3
- EFG Eurobank Ergasias SA (Eurobank), to B3 from Ba3
- Alpha Bank AE (Alpha), to B3 from Ba3
- Piraeus Bank SA (Piraeus), to B3 from Ba3
- Agricultural Bank of Greece (ATE), to B3 from B1
- Attica Bank SA, to B3 from B1
- Emporiki Bank of Greece (Emporiki) to B1 from Baa3
- General Bank of Greece (Geniki) to B1 from Baa3
These actions follow Moody΄s downgrade of Greece΄s sovereign rating to Caa1 from B1. All of the banks΄ deposit and debt ratings carry a negative outlook, in line with the negative outlook on the sovereign debt ratings, said the agency in a statement.
(capital.gr)
With increasing the interest rate of Greek special bonds, used as collateral to obtain liquidity from ECB, Greek banks attempt to offset the losses in value of collateral by the “haircut” they suffer, following the consecutive downgrades by international rating agencies.
Banks expect the issue f new bonds guaranteed by the Greek government under the additional package of €30b package. The allocation of securities relatively to the market share of each bank has already implemented.
Banking sources told Capital.gr that after the downgrade by Moody’s -though expected-, the liquidity needs of Greek banks have become suffocating, since the state withdraw its deposits from banks and “drains” them in term of domestic borrowing. The situation is worsened by the uncertainty of the disbursement of the next loan instalment.
Meanwhile, banks increase the interest rate of special bonds to cover the liquidity gaps, resulted by the continuing downgrades of collaterals submitted to the ECB .
Early Friday Moody΄s Investors Service downgraded the deposit and senior debt ratings of the following eight Greek banks:
- National Bank of Greece SA (NBG), to B3 from Ba3
- EFG Eurobank Ergasias SA (Eurobank), to B3 from Ba3
- Alpha Bank AE (Alpha), to B3 from Ba3
- Piraeus Bank SA (Piraeus), to B3 from Ba3
- Agricultural Bank of Greece (ATE), to B3 from B1
- Attica Bank SA, to B3 from B1
- Emporiki Bank of Greece (Emporiki) to B1 from Baa3
- General Bank of Greece (Geniki) to B1 from Baa3
These actions follow Moody΄s downgrade of Greece΄s sovereign rating to Caa1 from B1. All of the banks΄ deposit and debt ratings carry a negative outlook, in line with the negative outlook on the sovereign debt ratings, said the agency in a statement.
(capital.gr)
tommy271
Forumer storico
Merkel To Discuss Euro Debt Crisis With Obama Next Week - German Government
BERLIN -(Dow Jones)- German Chancellor Angela Merkel will discuss the euro-zone debt crisis with U.S. President Barack Obama when she visits Washington Monday and Tuesday, a German government official said Friday.
Merkel has always stressed the importance of the participation of the International Monetary Fund in solving the debt crisis, giving the U.S. a key role as it is the fund's largest contributor, the official said, speaking on the condition of anonymity.
Obama and Merkel will also talk about the U.S.'s own debt problems, and the German Chancellor will explain Germany's so-called "debt brake"--a constitutional rule to reach an almost balanced budget by 2016.
The candidacy of French Finance Minister Christine Lagarde for the helm of the IMF will also be discussed, the official said.
The two will also talk about the idea of setting up a transatlantic economic council that would try to achieve common standards to make economic globalization more secure, the official said.
The upheavals and reform efforts in the Middle East and North Africa will also be on the agenda.
BERLIN -(Dow Jones)- German Chancellor Angela Merkel will discuss the euro-zone debt crisis with U.S. President Barack Obama when she visits Washington Monday and Tuesday, a German government official said Friday.
Merkel has always stressed the importance of the participation of the International Monetary Fund in solving the debt crisis, giving the U.S. a key role as it is the fund's largest contributor, the official said, speaking on the condition of anonymity.
Obama and Merkel will also talk about the U.S.'s own debt problems, and the German Chancellor will explain Germany's so-called "debt brake"--a constitutional rule to reach an almost balanced budget by 2016.
The candidacy of French Finance Minister Christine Lagarde for the helm of the IMF will also be discussed, the official said.
The two will also talk about the idea of setting up a transatlantic economic council that would try to achieve common standards to make economic globalization more secure, the official said.
The upheavals and reform efforts in the Middle East and North Africa will also be on the agenda.
EDESMO
GGB: Est!, Est?, Est.....
tra un po' puoi fare il MM sulla 26 ...
- - 06031...
tommy271
Forumer storico
I TITOLI DEI GIORNALI:
The negotiations with the EU-IMF troika, a letter to the premier by 16 MPs of his ruling PASOK party and the Indignants movement were the main front-page items in Friday's dailies.
ADESMEFTOS TYPOS: "16 PASOK MPs 'rebel' against government".
AVGHI: "PASOK cracking at the seams".
AVRIANI: "They threw stones at MPs".
DIMOKRATIA: "Panic - The MAT (riot) police saved Petalotis (government spokesman)" who was trapped by protestors as he was speaking at a senior citizens' center (KAPI) in Argyroupolis.
ELEFTHEROS: "Uprising of 16 PASOK MPs against Papandreou".
ELEFTHEROS TYPOS: "MPs' ultimatum to Papandreou with 3 conditions".
ELEFTHEROTYPIA: "Tax-fraud with the (illegally enclosed) semi-enclosed spaces".
ESTIA: "Taxes and more taxes without a prospect".
ETHNOS: "Turbulence at the 'last minute' before the agreement with troika".
IMERISSIA: "Green light for the new loan - EU and IMF give 65 billion euros up to 2014".
KATHIMERINI: "New Memorandum brings rifts in PASOK".
LOGOS: "The measures 'lock in' today".
NAFTEMPORIKI: "Three-year bailout agreement and parliamentary 'crack'."
NIKI: "Tempest".
RIZOSPASTIS: "Regime of modern-day slavery for the new workers".
TA NEA: "Letters of agony and outbursts of violence".
VRADYNI: "30,000 households with electricity turned off (because they couldn't pay the bill)".
(ana.gr)
The negotiations with the EU-IMF troika, a letter to the premier by 16 MPs of his ruling PASOK party and the Indignants movement were the main front-page items in Friday's dailies.
ADESMEFTOS TYPOS: "16 PASOK MPs 'rebel' against government".
AVGHI: "PASOK cracking at the seams".
AVRIANI: "They threw stones at MPs".
DIMOKRATIA: "Panic - The MAT (riot) police saved Petalotis (government spokesman)" who was trapped by protestors as he was speaking at a senior citizens' center (KAPI) in Argyroupolis.
ELEFTHEROS: "Uprising of 16 PASOK MPs against Papandreou".
ELEFTHEROS TYPOS: "MPs' ultimatum to Papandreou with 3 conditions".
ELEFTHEROTYPIA: "Tax-fraud with the (illegally enclosed) semi-enclosed spaces".
ESTIA: "Taxes and more taxes without a prospect".
ETHNOS: "Turbulence at the 'last minute' before the agreement with troika".
IMERISSIA: "Green light for the new loan - EU and IMF give 65 billion euros up to 2014".
KATHIMERINI: "New Memorandum brings rifts in PASOK".
LOGOS: "The measures 'lock in' today".
NAFTEMPORIKI: "Three-year bailout agreement and parliamentary 'crack'."
NIKI: "Tempest".
RIZOSPASTIS: "Regime of modern-day slavery for the new workers".
TA NEA: "Letters of agony and outbursts of violence".
VRADYNI: "30,000 households with electricity turned off (because they couldn't pay the bill)".
(ana.gr)
- Stato
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