tommy271
Forumer storico
E' in corso da oggi pomeriggio ...
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1 (4 lettori)
- Creatore Discussione Imark
- Data di Inizio
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E' in corso da oggi pomeriggio ...
ferdo
Utente Senior
11/07/2011 23:34 tr
eurogroup statement: Working group will explore steps to reduce cost of debt servicing for greece and means to improve debt sustainability
EUROGROUP'S JUNCKER: IT IS THE FIRST TIME THAT THE EUROGROUP HAS SAID THAT LENGTHENING GREEK MATURITIES, LOWERING INTEREST RATE IS POSSIBLE
BRUSSELS, July 11 (Reuters) - Euro zone finance ministers and officials met on Monday to discuss the options for solving Greece's debt crisis. Following is the text of their statement after the talks: Statement by the Eurogroup: "Ministers reaffirmed their absolute commitment to safeguard financial stability in the euro area. To this end, Ministers stand ready to adopt further measures that will improve the euro area's systemic capacity to resist contagion risk, including enhancing the flexibility and the scope of the EFSF, lengthening the maturities of the loans and lowering the interest rates, including through a collateral arrangement where appropriate. "Proposals to this effect will be presented to Ministers shortly. Ministers discussed the main parameters of a new multi-annual adjustment programme for Greece, which will build on strong commitments to fiscal consolidation, ambitious growth-enhancing structural reforms and a substantial privatisation of state assets. "Ministers welcomed the reinforcement of monitoring mechanisms of the programme of Greece, the nomination of the board of the privatisation agency, which comprises two observers representing euro area member states and the European Commission, and agreed to provide extended technical assistance to Greece. They called upon the Greek government to sustain its on-going efforts to meet these commitments in full and on time. "Ministers welcomed the decision by the IMF to disburse the latest tranche of financial assistance to Greece, as well as the proposals from the private sector to voluntarily contribute to the financing of a second programme, building on the work already underway. The ECB confirmed its position, reaffirmed by its Governing Council last Thursday, that a credit event or selective default should be avoided. "While the responsibility for resolving the crisis in Greece lies primarily with Greece, Ministers recognised the need for a broader and more forward-looking policy response to assist the government in its efforts to bolster debt sustainability and thereby safeguard financial stability in the euro area. "In this context, Ministers have tasked the Eurogroup Working Group to propose measures to reinforce the current policy response to the crisis in Greece. The Eurogroup Working Group will notably explore the modalities for financing a new multi-annual adjustment programme, steps to reduce the cost of debt-servicing and means to improve the sustainability of Greek public debt. "This reinforced strategy should provide the basis for an agreement in the Eurogroup on the main elements and financing of a second adjustment programme for Greece shortly. "Ministers commit to continue negotiating with the European Parliament the legislative proposals to reinforce economic governance in the European Union in order to agree on an ambitious reform as soon as possible. The reinforced governance should be fully operational without delay." ((Brussels newsroom, +32 2 287 6830; [email protected])) Keywords: EUROZONE EUROGROUP
eurogroup statement: Working group will explore steps to reduce cost of debt servicing for greece and means to improve debt sustainability
EUROGROUP'S JUNCKER: IT IS THE FIRST TIME THAT THE EUROGROUP HAS SAID THAT LENGTHENING GREEK MATURITIES, LOWERING INTEREST RATE IS POSSIBLE
BRUSSELS, July 11 (Reuters) - Euro zone finance ministers and officials met on Monday to discuss the options for solving Greece's debt crisis. Following is the text of their statement after the talks: Statement by the Eurogroup: "Ministers reaffirmed their absolute commitment to safeguard financial stability in the euro area. To this end, Ministers stand ready to adopt further measures that will improve the euro area's systemic capacity to resist contagion risk, including enhancing the flexibility and the scope of the EFSF, lengthening the maturities of the loans and lowering the interest rates, including through a collateral arrangement where appropriate. "Proposals to this effect will be presented to Ministers shortly. Ministers discussed the main parameters of a new multi-annual adjustment programme for Greece, which will build on strong commitments to fiscal consolidation, ambitious growth-enhancing structural reforms and a substantial privatisation of state assets. "Ministers welcomed the reinforcement of monitoring mechanisms of the programme of Greece, the nomination of the board of the privatisation agency, which comprises two observers representing euro area member states and the European Commission, and agreed to provide extended technical assistance to Greece. They called upon the Greek government to sustain its on-going efforts to meet these commitments in full and on time. "Ministers welcomed the decision by the IMF to disburse the latest tranche of financial assistance to Greece, as well as the proposals from the private sector to voluntarily contribute to the financing of a second programme, building on the work already underway. The ECB confirmed its position, reaffirmed by its Governing Council last Thursday, that a credit event or selective default should be avoided. "While the responsibility for resolving the crisis in Greece lies primarily with Greece, Ministers recognised the need for a broader and more forward-looking policy response to assist the government in its efforts to bolster debt sustainability and thereby safeguard financial stability in the euro area. "In this context, Ministers have tasked the Eurogroup Working Group to propose measures to reinforce the current policy response to the crisis in Greece. The Eurogroup Working Group will notably explore the modalities for financing a new multi-annual adjustment programme, steps to reduce the cost of debt-servicing and means to improve the sustainability of Greek public debt. "This reinforced strategy should provide the basis for an agreement in the Eurogroup on the main elements and financing of a second adjustment programme for Greece shortly. "Ministers commit to continue negotiating with the European Parliament the legislative proposals to reinforce economic governance in the European Union in order to agree on an ambitious reform as soon as possible. The reinforced governance should be fully operational without delay." ((Brussels newsroom, +32 2 287 6830; [email protected])) Keywords: EUROZONE EUROGROUP
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pappacefalo
Forumer attivo
stefano, te che dici? come andrà domani? ma la fiducia che hai da dove ti viene??? accidenti a me a quando ho investito, sai quanti monolocali ci compravo
tommy271
Forumer storico
Euro-Zone Finance Ministers Break; Greek Plans Hit Deadlock
(adds quotes in seventh through ninth paragraphs on reaction to proposal; updates lede to reflect debate)
By Riva Froymovich and Charles Forelle Of DOW JONES NEWSWIRES BRUSSELS (Dow Jones)--Euro-zone finance ministers are bogged down in debate Monday, as a proposal mapped out for private-sector participation in Greece's next bailout appears to face impossible hurdles.
Leaders had agreed the price for a second Greek rescue package would be participation by private-sector creditors. However, they said at a June 19 meeting that the participation must be substantial, voluntary and wouldn't result in selective default.
"They now see all three are not possible," said one EU official. He was already separating himself from the strategy, adding, "We never thought it was a good idea."
Another official said the voluntary participation "is not going forward."
"It's over," the official said.
However, Spain, Portugal, Italy and Ireland are particularly uncomfortable with a proposal that would allow selective Greek default, he said.
"Some feel that there is no way to guarantee what kind of effects it will have, how contagious it will be, and fear investors will flee their bond markets. One privately described it a suicide in the making," he said.
On the other side, there is no sign of the Germans or other creditor nations softening their tone yet. There's an increasing acceptance that "either we drop the private sector involvement or we take a default into account," said a person familiar with the talks.
Arriving in Brussels Monday, officials offered widely divergent views on how to proceed.
The Dutch finance minister said sharing in the burden by private-sector creditors was a pre-condition to fresh aid. The Spanish finance minister warned of "instability in the markets" and said the Continent ought to think first of preventing the crisis from spreading beyond Greece, Ireland and Portugal.
At the heart of the issue: Credit-rating companies have made clear that any significant effort to make private creditors pay for the bailout would be treated as a debt default for Greece. Most top officials--chief among them European Central Bank President Jean-Claude Trichet--have said letting that happen is unacceptable. However, a number of EU officials doubt the ECB would precipitate a banking crisis in Greece by rejecting government debt as collateral.
That leaves Europe with a stark choice: Either make European taxpayers responsible for funding Greece indefinitely, or shift some of the burden to private creditors and suffer a debt default.
After months of trying to find a middle ground, none has emerged. That has sent finance ministers back to the drawing board, and it is becoming clear that a breakthrough before the August summer holiday is unlikely.
(adds quotes in seventh through ninth paragraphs on reaction to proposal; updates lede to reflect debate)
By Riva Froymovich and Charles Forelle Of DOW JONES NEWSWIRES BRUSSELS (Dow Jones)--Euro-zone finance ministers are bogged down in debate Monday, as a proposal mapped out for private-sector participation in Greece's next bailout appears to face impossible hurdles.
Leaders had agreed the price for a second Greek rescue package would be participation by private-sector creditors. However, they said at a June 19 meeting that the participation must be substantial, voluntary and wouldn't result in selective default.
"They now see all three are not possible," said one EU official. He was already separating himself from the strategy, adding, "We never thought it was a good idea."
Another official said the voluntary participation "is not going forward."
"It's over," the official said.
However, Spain, Portugal, Italy and Ireland are particularly uncomfortable with a proposal that would allow selective Greek default, he said.
"Some feel that there is no way to guarantee what kind of effects it will have, how contagious it will be, and fear investors will flee their bond markets. One privately described it a suicide in the making," he said.
On the other side, there is no sign of the Germans or other creditor nations softening their tone yet. There's an increasing acceptance that "either we drop the private sector involvement or we take a default into account," said a person familiar with the talks.
Arriving in Brussels Monday, officials offered widely divergent views on how to proceed.
The Dutch finance minister said sharing in the burden by private-sector creditors was a pre-condition to fresh aid. The Spanish finance minister warned of "instability in the markets" and said the Continent ought to think first of preventing the crisis from spreading beyond Greece, Ireland and Portugal.
At the heart of the issue: Credit-rating companies have made clear that any significant effort to make private creditors pay for the bailout would be treated as a debt default for Greece. Most top officials--chief among them European Central Bank President Jean-Claude Trichet--have said letting that happen is unacceptable. However, a number of EU officials doubt the ECB would precipitate a banking crisis in Greece by rejecting government debt as collateral.
That leaves Europe with a stark choice: Either make European taxpayers responsible for funding Greece indefinitely, or shift some of the burden to private creditors and suffer a debt default.
After months of trying to find a middle ground, none has emerged. That has sent finance ministers back to the drawing board, and it is becoming clear that a breakthrough before the August summer holiday is unlikely.
pappacefalo
Forumer attivo
mah... forse vendere 800.000 mila euro per riprenderne 600.000 potrebbe essere utile x evitare di riprenderne 400.000, mosso dal panico di evitare il default... che inferno
sethi
Forumer storico
non credere di aver risolto la situazione con i monolocali.....dopo 10 anni l'inquilino è un anno e 1/2 che non paga e mi ha dato un assegno che oramai penso che sia cabriolet nel frattempo non riesco + acontattarlo e ho l'appartamento in cui entra pure acqua , ho cercato di riparare le tegole sul tetto ma non sò in che maniera sono messo e non ho solo quello di problema ....con sti appartamenti.....non credere....fidati
pappacefalo
Forumer attivo
si, ho capito, però almeno nn sarei in questa situazione
ferdo
Utente Senior
11/07/2011 23:49 tr
eurogroup's juncker: We are fully aware that italy and other countries are in the focus of the financial markets
EUROGROUP'S JUNCKER: THERE WILL BE PRIVATE SECTOR INVOLVEMENT IN THE SECOND GREEK BAILOUT PACKAGE
EUROGROUP'S JUNCKER: TALKS WITH THE PRIVATE SECTOR WILL GO ON IN THE COMING DAYS, TO BE CONCLUDED AS SOON AS POSSIBLE
---------------------------------------------------
BRUSSELS, July 11 (Reuters) - Euro zone finance ministers and officials met on Monday to discuss the options for solving Greece's debt crisis. Following are highlights of their comments after the talks: EUROGROUP PRESIDENT JEAN-CLAUDE JUNCKER ON PRIVATE SECTOR INVOLVEMENT IN GREEK BAILOUT: "There will be a private sector involvement. This is a decision that has been taken by the European Council. Talks will go on in the next coming days." "This debate with the private sector ... will be pursued and will be brought to an end shortly. That means as soon as possible." EU ECONOMIC AND MONETARY AFFAIRS COMMISSIONER OLLI REHN ON BOND-BUYING BY EUROPEAN FINANCIAL STABILITY FACILITY (EFSF): "There are a variety of ways of enhancing the flexibility of the EFSF. This is one of those. I would not exclude any option. We are exploring these possibilities." BELGIAN FINANCE MINISTER DIDIER REYNDERS ON EURO ZONE STABILITY: "There was a reaffirmation of the absolute will of the Eurogroup to safeguard stability in the euro zone and to take the necessary measures."
eurogroup's juncker: We are fully aware that italy and other countries are in the focus of the financial markets
EUROGROUP'S JUNCKER: THERE WILL BE PRIVATE SECTOR INVOLVEMENT IN THE SECOND GREEK BAILOUT PACKAGE
EUROGROUP'S JUNCKER: TALKS WITH THE PRIVATE SECTOR WILL GO ON IN THE COMING DAYS, TO BE CONCLUDED AS SOON AS POSSIBLE
---------------------------------------------------
BRUSSELS, July 11 (Reuters) - Euro zone finance ministers and officials met on Monday to discuss the options for solving Greece's debt crisis. Following are highlights of their comments after the talks: EUROGROUP PRESIDENT JEAN-CLAUDE JUNCKER ON PRIVATE SECTOR INVOLVEMENT IN GREEK BAILOUT: "There will be a private sector involvement. This is a decision that has been taken by the European Council. Talks will go on in the next coming days." "This debate with the private sector ... will be pursued and will be brought to an end shortly. That means as soon as possible." EU ECONOMIC AND MONETARY AFFAIRS COMMISSIONER OLLI REHN ON BOND-BUYING BY EUROPEAN FINANCIAL STABILITY FACILITY (EFSF): "There are a variety of ways of enhancing the flexibility of the EFSF. This is one of those. I would not exclude any option. We are exploring these possibilities." BELGIAN FINANCE MINISTER DIDIER REYNDERS ON EURO ZONE STABILITY: "There was a reaffirmation of the absolute will of the Eurogroup to safeguard stability in the euro zone and to take the necessary measures."
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tommy271
Forumer storico
Insomma, ancora nulla anche questa volta ...
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