Baro
Umile contadino
Speriamo....en passant sembra che le 5 banche italiane abbiano passato gli stress test.
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
- Creatore Discussione Imark
- Data di Inizio
- Stato
EDESMO
GGB: Est!, Est?, Est.....
è una questine politica e di interessi, non matematica !
tommy271
Forumer storico
Greek Banks Gain 5.8% In Last Two Sessions
Banks regained a positive sign for month, reacting sharply upwards on Tuesday, ahead of the critical votes for the Medium-Term Fiscal Strategy and the Implementation Act in the Greek House.
On FTSE20 board, Ellaktor and Hellenic Postbank recorded double-digit profits, while GEK TERNA topped the General Index with gains of 10.80% at €1.95.
“The performance of the domestic market is at this point tied to the vote on the 5-year austerity plan which is crucial for Greece to secure further financial support”, said Eurobank Equities, while Piraeus Securities commented that investors bet on a possible positive outcome in the approval of the fiscal reforms of the government.
Analysts comment that the banks’ profits of 5.78% in the last two sessions are attributed to expectations for the voting for the medium-term program. However, the market has not yet overcome the state of uncertainty, analyst note, adding that critical decisions for Greece at European level would follow, even if the medium-term program were adopted.
On the board, the General Index ended with profits of 2.66% at 1,258.84 units, moving into positive territory throughout the trading session.
Approximately 25.5 million units worth €84.1m were traded on Tuesday, while a total amount of 100 shares rose, 30 declined and 150 remained unchanged.
Ellaktor and Hellenic Postbank topped FTSE20, with profits of 10.65% and 10.00% at €2.39 and €2.86 respectively, while MIG rose by 6.67% at €0.64. Eurobank and National Bank gained 5.84% and 5.38% respectively, Mytilineos and Marfin Popular Bank jumped by 5.19% and 5.00% respectively.
(capital.gr)
Banks regained a positive sign for month, reacting sharply upwards on Tuesday, ahead of the critical votes for the Medium-Term Fiscal Strategy and the Implementation Act in the Greek House.
On FTSE20 board, Ellaktor and Hellenic Postbank recorded double-digit profits, while GEK TERNA topped the General Index with gains of 10.80% at €1.95.
“The performance of the domestic market is at this point tied to the vote on the 5-year austerity plan which is crucial for Greece to secure further financial support”, said Eurobank Equities, while Piraeus Securities commented that investors bet on a possible positive outcome in the approval of the fiscal reforms of the government.
Analysts comment that the banks’ profits of 5.78% in the last two sessions are attributed to expectations for the voting for the medium-term program. However, the market has not yet overcome the state of uncertainty, analyst note, adding that critical decisions for Greece at European level would follow, even if the medium-term program were adopted.
On the board, the General Index ended with profits of 2.66% at 1,258.84 units, moving into positive territory throughout the trading session.
Approximately 25.5 million units worth €84.1m were traded on Tuesday, while a total amount of 100 shares rose, 30 declined and 150 remained unchanged.
Ellaktor and Hellenic Postbank topped FTSE20, with profits of 10.65% and 10.00% at €2.39 and €2.86 respectively, while MIG rose by 6.67% at €0.64. Eurobank and National Bank gained 5.84% and 5.38% respectively, Mytilineos and Marfin Popular Bank jumped by 5.19% and 5.00% respectively.
(capital.gr)
tommy271
Forumer storico
Greek Rollover Plan Needs No-Default Rating
By Sonia Sirletti - Jun 28, 2011 5:43 PM GMT+0200 Tue Jun 28 15:43:14 GMT 2011
A proposal by French banks to roll over Greek debt depends upon credit-rating firms not cutting Greece and existing or newly issued government securities to default, according to a draft of the plan.
European banks and insurers are using the French proposal as a blueprint for discussions toward an agreement to meet politicians’ calls that they contribute to Greece’s second rescue in two years.
Fitch Ratings will “very likely” deem Greece in default if the European Union goes ahead with a plan to get private investors to roll over their Greek bonds as part of the Greek rescue.
“Fitch would very likely view such a scenario as a sovereign-default event and place the Greek sovereign rating into restricted default,” David Riley, Fitch’s London-based head of sovereign ratings, wrote in a letter in the Financial Times today.
EU leaders are pushing for private investors to shoulder some of the cost of a new aid plan for Greece and are seeking to convince bondholders to roll over at least 30 billion euros ($43 billion) of Greek debt maturing in the next three years into new securities to help the country close a funding gap.
(Bloomberg)
By Sonia Sirletti - Jun 28, 2011 5:43 PM GMT+0200 Tue Jun 28 15:43:14 GMT 2011
A proposal by French banks to roll over Greek debt depends upon credit-rating firms not cutting Greece and existing or newly issued government securities to default, according to a draft of the plan.
European banks and insurers are using the French proposal as a blueprint for discussions toward an agreement to meet politicians’ calls that they contribute to Greece’s second rescue in two years.
Fitch Ratings will “very likely” deem Greece in default if the European Union goes ahead with a plan to get private investors to roll over their Greek bonds as part of the Greek rescue.
“Fitch would very likely view such a scenario as a sovereign-default event and place the Greek sovereign rating into restricted default,” David Riley, Fitch’s London-based head of sovereign ratings, wrote in a letter in the Financial Times today.
EU leaders are pushing for private investors to shoulder some of the cost of a new aid plan for Greece and are seeking to convince bondholders to roll over at least 30 billion euros ($43 billion) of Greek debt maturing in the next three years into new securities to help the country close a funding gap.
(Bloomberg)
tommy271
Forumer storico
French Proposal May Form Basis for Greek Bailout, Dallara Says
By Ercan Ersoy - Jun 28, 2011 5:13 PM GMT+0200 Tue Jun 28 15:13:52 GMT 2011
A French proposal for a rollover of Greek bonds contains “the ingredients” to form the basis of a new bailout package for Greece, said Charles Dallara, managing director of the Institute of International Finance.
“I don’t think we should be focusing on one single proposal for Greece,” Dallara said at a conference in Istanbul today. “But the ingredients of the French model are highly likely what will come out of this.” He also said the Greek crisis won’t be resolved without debt buybacks.
Under the French proposal, half the Greek debt held by banks and insurers maturing in the next three years would be swapped for new 30-year Greek bonds. The redemptions from another 20 percent would be invested in a special purpose vehicle that would serve as collateral for the banks, two people familiar with the plan said.
Dallara participated in talks yesterday in Rome with financial companies on options for the new Greek rescue package. Representatives from the euro zone and the European Central Bank also attended. The IIF is a Washington-based lobby group representing more than 400 of the world’s biggest financial- services companies.
Guarantee Fund
The French plan, which includes a guarantee fund as an incentive for banks to take part, has been compared to the Brady Bond plan, named after former U.S. Treasury Secretary Nicholas Brady, that was used in 1989 to help resolve Latin America’s debt crisis. In that case, bondholders who swapped their debt for longer-maturity bonds were offered a repayment guarantee. To back up that guarantee, the Latin American governments bought U.S. Treasury bonds that were held in escrow.
Greece’s rescue plan needs “a broad base of participants” from political parties and financial-services companies, said Dallara, a former U.S. Treasury official. The Greek economic problems are “extraordinarily serious,” he said. “Recovery will definitely take time.”
Dallara said he was confident Greek lawmakers will pass “in the next few days” the legislation required for the next tranche of funding. The Greek parliament is debating a package of budget cuts and asset sales that is needed before the nation can tap a fifth loan payment from last year’s 110 billion-euro ($158 billion) bailout.
(Bloomberg)
By Ercan Ersoy - Jun 28, 2011 5:13 PM GMT+0200 Tue Jun 28 15:13:52 GMT 2011
A French proposal for a rollover of Greek bonds contains “the ingredients” to form the basis of a new bailout package for Greece, said Charles Dallara, managing director of the Institute of International Finance.
“I don’t think we should be focusing on one single proposal for Greece,” Dallara said at a conference in Istanbul today. “But the ingredients of the French model are highly likely what will come out of this.” He also said the Greek crisis won’t be resolved without debt buybacks.
Under the French proposal, half the Greek debt held by banks and insurers maturing in the next three years would be swapped for new 30-year Greek bonds. The redemptions from another 20 percent would be invested in a special purpose vehicle that would serve as collateral for the banks, two people familiar with the plan said.
Dallara participated in talks yesterday in Rome with financial companies on options for the new Greek rescue package. Representatives from the euro zone and the European Central Bank also attended. The IIF is a Washington-based lobby group representing more than 400 of the world’s biggest financial- services companies.
Guarantee Fund
The French plan, which includes a guarantee fund as an incentive for banks to take part, has been compared to the Brady Bond plan, named after former U.S. Treasury Secretary Nicholas Brady, that was used in 1989 to help resolve Latin America’s debt crisis. In that case, bondholders who swapped their debt for longer-maturity bonds were offered a repayment guarantee. To back up that guarantee, the Latin American governments bought U.S. Treasury bonds that were held in escrow.
Greece’s rescue plan needs “a broad base of participants” from political parties and financial-services companies, said Dallara, a former U.S. Treasury official. The Greek economic problems are “extraordinarily serious,” he said. “Recovery will definitely take time.”
Dallara said he was confident Greek lawmakers will pass “in the next few days” the legislation required for the next tranche of funding. The Greek parliament is debating a package of budget cuts and asset sales that is needed before the nation can tap a fifth loan payment from last year’s 110 billion-euro ($158 billion) bailout.
(Bloomberg)
tommy271
Forumer storico
Fmi, Christine Lagarde nuovo direttore generale
martedì 28 giugno 2011 19:45
WASHINGTON, 28 giugno (Reuters) - Il Fondo Monetario Internazionale ha eletto oggi il ministro delle Finanze francese Christine Lagarde come nuovo direttore generale dell'organizzazione.
"Il comitato esecutivo del Fondo Monetario Internazionale ha scelto oggi Christine Lagarde come direttore generale del Fmi e come capo del comitato esecutivo, con un mandato di cinque anni che comincerà il prossimo 5 luglio", si legge in un comunicato del Fondo.
La vittoria di Lagarde era certa, dopo che potenze come Cina, Russia e Brasile avevano annunciato il loro appoggio alla candidatura e dopo che anche gli Stati Uniti avevano fornito la loro approvazione in vista della riunione del comitato di 24 membri.
martedì 28 giugno 2011 19:45
WASHINGTON, 28 giugno (Reuters) - Il Fondo Monetario Internazionale ha eletto oggi il ministro delle Finanze francese Christine Lagarde come nuovo direttore generale dell'organizzazione.
"Il comitato esecutivo del Fondo Monetario Internazionale ha scelto oggi Christine Lagarde come direttore generale del Fmi e come capo del comitato esecutivo, con un mandato di cinque anni che comincerà il prossimo 5 luglio", si legge in un comunicato del Fondo.
La vittoria di Lagarde era certa, dopo che potenze come Cina, Russia e Brasile avevano annunciato il loro appoggio alla candidatura e dopo che anche gli Stati Uniti avevano fornito la loro approvazione in vista della riunione del comitato di 24 membri.
tommy271
Forumer storico
Secondo "Ta Nea" il Consiglio Politico dei membri dell'Alleanza Democratica ha deciso di votare secondo coscienza durante la seduta di domani.
"Alleanza democratica, rendendosi conto del pericolo che la Grecia sta attraversando farà tutto il possibile per non portare il paese alla bancarotta", dice una nota emessa dopo la riunione del Consiglio Politico del partito.
Inoltre, il partito di Dora Bakoyannis ritiene che "le dichiarazioni del Commissario Europeo Olli Rehn per riformare il sistema fiscale e la riduzione delle aliquote fiscali, apre spiragli per la legge a medio termine, i cambiamenti vanno nella direzione proposta da Alleanza Democratica che aderisce al gruppo dei Liberali al Parlamento europeo ".
Questi deputati valgono 5 voti, potrebbero essere quelli risolutori ...
"Alleanza democratica, rendendosi conto del pericolo che la Grecia sta attraversando farà tutto il possibile per non portare il paese alla bancarotta", dice una nota emessa dopo la riunione del Consiglio Politico del partito.
Inoltre, il partito di Dora Bakoyannis ritiene che "le dichiarazioni del Commissario Europeo Olli Rehn per riformare il sistema fiscale e la riduzione delle aliquote fiscali, apre spiragli per la legge a medio termine, i cambiamenti vanno nella direzione proposta da Alleanza Democratica che aderisce al gruppo dei Liberali al Parlamento europeo ".
Questi deputati valgono 5 voti, potrebbero essere quelli risolutori ...
Ultima modifica:
- Stato
Similar threads
