Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1 (39 lettori)

[tommy271]

Rehn Sees Markets Misreading EU Resolve on Greece

By Jonathan Stearns - Jun 16, 2011 12:16 PM GMT+0200

Thu Jun 16 10:16:23 GMT 2011



European Union Economic and Monetary Affairs Commissioner Olli Rehn said financial markets have made “certain misreadings” on EU leaders’ intentions in the Greek debt crisis.
“There is a certain misreading of the intentions and future actions of the European leaders,” Rehn said today in a Bloomberg Television interview in Brussels. “We will not let the euro area face any kind of catastrophe.”
“We have always been concerned of contagion,” Rehn said. “One of the achievements over the past one-and-a-half years has been that we have been able to prevent a financial meltdown in Europe. We have been able to avoid a Lehman Brothers kind of catastrophe on the European soil. And moreover, we have been able to contain the crisis to the three countries now under the program,” he said.



(Bloomberg)

 

[giub]

PotresTi cortesemente mettere un link di questa news??...non la trovo...

Germany seeks Sept. deadline for new Greek package | Reuters
Germany seeks Sept. deadline for new Greek package



(Reuters) - Germany wants the deadline for for a second Greek rescue package to be pushed back to September, reflecting the problems Europe is having hammering out the details, EU and banking sources said on Thursday.
One EU source told Reuters that German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble favoured a delay.
"The argument goes: We don't know what to do, let's buy more time," the source said, adding that Berlin had its customary backing from the likes of the Netherlands, Finland and Slovakia.
A high level German banking source also told Reuters Berlin was targeting September as the point at which all the problems could be solved.
That could include an attempt to square ratings agencies who have said they may view even an ostensibly voluntary scheme to have private investors involved in a new Greek bailout as a selective default.
Earlier this week, euro zone finance ministers failed to agree on how to involve private investors in a second financial rescue for Greece. (Writing by Mike Peacock, editing by Janet McBride)

 

[tommy271]

EURO GOVT-Greek CDS hits new record at 1,900 bps






LONDON, June 16 | Thu Jun 16, 2011 6:22am EDT

LONDON, June 16 (Reuters) - The cost of insuring Greek debt against default set fresh record highs on Thursday on mounting concern that officials could delay, or even fail to agree on, a new bailout package for Greece. For more see.

Five-year credit default swaps (CDS) on Greek government debt rose to 1,900 bps according to data monitor Markit. This means it costs 1.9 million euros to protect 10 million euros of exposure to Greek bonds.

 

[giub]

EURO GOVT-Greek CDS hits new record at 1,900 bps

Gaudeeeente!!!
Ci siamo!!!

1900!!!

 

[tommy271]

Political Developments Drag ASE Down



The ongoing political “thriller” continues to haunt the Athens market, resulting in further losses on Thursday.

Banking index posted early losses of 3%, while only ATEBank and PPC move upwards in FTSE20. Plaisio, Thessaloniki Port and Hellenic Exchanges are the only share of the General Index in green.

“Yesterday’s developments do not remove at all the political risk that was hanging over the previous weeks, on the contrary political risks are escalating”, said Marfin Analysis in its morning report, adding that “the allparty government postponement seems to be delaying, at least for the moment, any possibility of momentum’s reversal.”

“The market’s course is determined by unconstructive political developments that continue to fuel investors with uncertainty and effectively blanket positive background talk coming from the 5th Memorandum tranche disposal, as well as the approval of a 2nd bailout package,” according to Pegasus Securities.

It sees no reason for the market to proceed with a notable ascending reaction, even if trading at uncharted territories clearly consists a hyperbole and presents opportunities.

Across the board, the General Index is at 1,220.65 units, with losses of 1.80%. The turnover stands at €26m, while a total amount of 63 shares decline, 29 rise and 24 remain unchanged.

Banks fall by 2.43%, below 900 units. ATEBank gains 0.89%, while Marfin Popular Bank drops by 4.92%. Alpha Bank, Bank of Cyprus, Eurobank and Piraeus Bank decline by 3.07%, 2.48%, 2.33% and 2% respectively.

(capital.gr)

 

[tommy271]

Unemployment Rate Jumps At 15.9% In Q1 2011



The Hellenic Statistical Authority said on Thursday that the unemployment rate in Greece was 15.9% in the first quarter of 2011, compared with 14.2% in the previous quarter, and 11.7% in the corresponding quarter of 2010.

The number of employed amounted to 4,194,429 persons while the number of unemployed amounted to 792,601.

The number of employed persons decreased by 2.4% compared with the previous quarter, and by 5.2% compared with the 1st Quarter of 2010. The number of unemployed persons increased by 11.3% compared with the previous quarter and by 35.1% compared with the 1st Quarter of 2010.

(capital.gr)

***
Recessione.

 

[Abulico]

Siamo davvero alla farsa....Rehn dice una cosa, i tedeschi l'opposto.

L'impressione e' davvero quella che i crucchi stian "remando contro".

 

[tommy271]

IMF to buy EU more time over Greek bailout


As European leaders try to reach agreement on a financial rescue package for Greece, the IMF is likely to pay its part of the aid tranche quickly to buy European countries more time to finalise a plan, euro zone sources told Reuters on Thursday.


(france24.com)

 

[IL MARATONETA]

Germany seeks Sept. deadline for new Greek package | Reuters
Germany seeks Sept. deadline for new Greek package



(Reuters) - Germany wants the deadline for for a second Greek rescue package to be pushed back to September, reflecting the problems Europe is having hammering out the details, EU and banking sources said on Thursday.
One EU source told Reuters that German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble favoured a delay.
"The argument goes: We don't know what to do, let's buy more time," the source said, adding that Berlin had its customary backing from the likes of the Netherlands, Finland and Slovakia.
A high level German banking source also told Reuters Berlin was targeting September as the point at which all the problems could be solved.
That could include an attempt to square ratings agencies who have said they may view even an ostensibly voluntary scheme to have private investors involved in a new Greek bailout as a selective default.
Earlier this week, euro zone finance ministers failed to agree on how to involve private investors in a second financial rescue for Greece. (Writing by Mike Peacock, editing by Janet McBride)

beh, ma certo, rimandiamolo a settembre, cosi' nel frattempo, affogheranno l'irlanda, il portogallo, la spagna, l'italia, il belgio, e a seguire tutta la compagnia..................

 

[tommy271]

Siamo davvero alla farsa....Rehn dice una cosa, i tedeschi l'opposto.

L'impressione e' davvero quella che i crucchi stian "remando contro".

Intanto gli spread segnano nuovi massimi con amplissime oscillazioni...