Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1

Stato
Chiusa ad ulteriori risposte.
Next Aid Tranches Not Released Unless Mid-Term Program Adopted



With the approval of the Medium-Term Fiscal Program by the cabinet secured, Greek PM George Papandreou is attending EU Summit in Brussels on Thursday-Friday, at crucial meeting regarding the form of the second rescue package to Greece.

After the Greek government won its vote of confidence early on Wednesday with the support of all 155 ruling party MPs against 143 no votes and 2 abstentions, the Greek PM will be asked by his counterparts whether all 155 MPs will also vote for the mid-term package and the implementation law next week.

Diplomatic sources in Brussels note that European PMs “will encourage him to continue in the same direction, increasing the pressure”, as they believe that the voting in the Greek House should be made “with knowledge of the consequences if the law bill does not get the necessary majority”.

In other words, they are making clear that the next tranches of the 2010 bailout program won’t be released if the Greek Parliament doesn’t adopt the mid-term program.

However, several European Commission executives point out unofficially that Eurozone is not willing to risk the possibility of a Greek default, as this would have incalculable consequences in the European banking system due to the extensive impact of the debt crisis even on the central economies of the euro area.

At the same time, there is a growing talking about the final drafting of the new loan program, which includes about €110b in loans and €60b through privatizations and Greek bonds holding.

The new loan package of €110b would be set up by the remaining amount of the existing loan of €110b enhanced by new loans. As for the scheme of bond holding, it is estimated at €30-40b, depending on the terms.

Moreover, European Commission President Jose Manuel Barroso is expected to propose the acceleration of releasing of EU funds under cohesion policy in order to enhance the public investment program and stimulate growth.

(capital.gr)

***
Indiscrezioni da Atene ...
 
Non ci crede nessuno :lol:

Su questi titoli dobbiamo avere la pazienza di Giobbe e cercare la massima lucidità.
Le principali agenzie di stampa sono tutte anglosassoni, la speculazione è massima a Wall Street e nella City.
La maggior parte degli analisti è "prezzolata" ed escono quasi tutti dalle medesime scuole di pensiero.
 
Su questi titoli dobbiamo avere la pazienza di Giobbe e cercare la massima lucidità.
Le principali agenzie di stampa sono tutte anglosassoni, la speculazione è massima a Wall Street e nella City.
La maggior parte degli analisti è "prezzolata" ed escono quasi tutti dalle medesime scuole di pensiero.

La penso come te buon Tommy :)
 
MARKET TALK: molto probabile approvazione misure austerita' Grecia (Citi)
null.gif
MF-Dow Jones - 22/06/2011 10:21:53
null.gif
null.gif
null.gif
MILANO (MF-DJ)--Dopo la fiducia al governo greco da parte del parlamento "sembra molto probabile" che i deputati daranno l'ok alle misure di austerita' aggiuntive, aprendo cosi' la strada all'erogazione della tranche di aiuti del pacchetto approvato a maggio del 2010. Lo scrivono in una nota gli analisti di Citi, aggiungendo pero' che "resta incerto se i partiti di opposizione sosterranno una (probabilmente modificata) versione del pacchetto di austerita'", dopo he sia il Fmi che l'Europa hanno chiesto un ampio supporto per le nuove misure.
 
Government focuses on midterm deal





dot_clear.gif
dot_clear.gif
After winning a confidence vote 155 to 143 along party lines in Greece’s 300-seat Parliament late last night, the government of George Papandreou is now set to approve a new austerity package that is crucial to staving off a Greek default.
The positive outcome of the vote in Parliament paves the way for the Socialist PASOK government to implement reforms aimed at bringing in 28 billion euros in budget cuts and new taxes as well as 50 billion euros from a string of privatizations of public assets. These measures are the cornerstone of a five-year midterm fiscal deal with Greece’s creditors the European Union, the European Central Bank and the International Monetary Fund (IMF) that will inject the impoverished country with an additional 12 billion euros of bailout money on top of the 110-billion-euro rescue package granted by the creditors last year.
Regardless of the panic caused by some, we are on an organized course, helped by the international community with massive loans -- the largest ever given in the history of our planet,” Papandreou told Parliament ahead of the confidence vote on Tuesday, underlining the magnitude of Greece’s responsibility toward its creditors.
Speaking on Skai Television on Tuesday, government spokesman Ilias Mosialos warned that unless the rescue deal passes in Parliament, where it is due to be voted on next week, Greece will run out of money by mid-July and will be unable to pay public sector wages wages and pensions.
With the confidence vote secured, Papandreou was to chair a meeting with his newly reshuffled Cabinet on Wednesday to discuss the terms of the midterm bailout plan.
We have to pass two laws by June 30 so that procedures at the Europgroup will move on July 3, enabling the IMF to decide to release the fifth loan instalment on July 8,” newly appointed Finance Minister Evangelos Venizelos told lawmakers on Tuesday prior to the confidence vote.
Venizelos is currently in talks with officials from the EU and the IMF in Athens to hammer out the terms of the deal before it is debated in Parliament on Monday and Tuesday.
The next few days in Parliament promise to be stormy following an argument that broke out ahead of the confidence vote on Tuesday between opposition New Democracy MPs and Deputy Prime Minister Theodoros Pangalos over a comment made by the latter that the election of PASOK’s first government in 1981 “was the first unhindered and indisputable expression of public will.”
His comment prompted the ire of New Democracy’s MPs, who walked out of the House for 15 minutes in demand that the Deputy PM retract his statement. In an effort to cool tempers and bring the session back to order, Parliament speaker Filippos Petsalnikos said “this historical reference was a big mistake at a time when the country needs to be discussing the future.”
Papandreou followed by asking the New Democracy MPs not to depart, adding: “Don’t give cause that you are ready to clash with us at every opportunity and project this impression abroad.”






ekathimerini.com , Wednesday June 22, 2011 (11:22)
 
Stato
Chiusa ad ulteriori risposte.

Users who are viewing this thread

Back
Alto