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

[robinson]

Potremmo pensare di eleggere un rappresentante per ogni forum finanziario e comporre il board di una nascitura nostrana agenzia di rating... chiaramente per IO io propongo Tommy

Tommy è perfetto!
e sul fol (che frequento con altro nickname)
c'è karl1 papabile

 

[tommy271]

Tommy è perfetto!
e sul fol (che frequento con altro nickname)
c'è karl1 papabile

C'è conflitto d'interesse ... .
Sul forum si saprebbero in anticipo i downgrade sovrani .
Questo deve essere appannaggio della sola ristretta cerchia di Moody's, S&P e Fitch.

 

[Nobody's]

Tommy è perfetto!
e sul fol (che frequento con altro nickname)
c'è karl1 papabile

E chi saresti "di la"?

 

[tommy271]

HIGHLIGHTS-IMF says Greece must work harder on implementation






ATHENS, July 13 | Wed Jul 13, 2011 12:29pm EDT

ATHENS, July 13 (Reuters) - Poul Thomsen, the International Monetary Fund's mission chief for Greece, gave a news conference on Wednesday to present the multilateral lender's latest review of Greece's efforts to deal with its debt burden.
Following are highlights of comments by Thomsen:



ON REFORMS
"Reforms were slowing down and need reinvigoration. To have further progress in bringing down the deficit, Greece needs to go ahead with structural reforms." "The medium-term programme is very impressive. There is hardly a part of society that is not affected. It is a difficult programme, one that will be asking for some sacrifices, but the burden of adjustment is fairly distributed."
"What the debt sustainability analysis shows is that if potential growth in the medium term is much slower, if they don't undertake the structural reforms ... if these reforms don't take place, yes debt is not going to be sustainable." "The issue is that the reforms need to restore robust potential growth once this fiscal adjustment is beyond us."



ON THE ECONOMY "The economy is rebalancing. Manufacturing wages are down by seven percent, unit labour costs have improved by eight percent and manufacturing exports are up by some 22 percent. Inflation, if we adjust for the impact of tax increases, is running well below the euro zone average."
"This is an improvement in competitiveness. This is how a country in a currency union improves competitiveness and that improvement in competitiveness is clearly well under way."



ON NEW AID
"We are in the process of discussing private sector involvement (PSI). There will be some form of PSI." "There is no request for a new programme. We have a programme there, there is considerable undisbursed money of the IMF under that programme."

 

[velico]

HIGHLIGHTS-IMF says Greece must work harder on implementation


"We are in the process of discussing private sector involvement (PSI). There will be some form of PSI." "There is no request for a new programme. We have a programme there, there is considerable undisbursed money of the IMF under that programme."

Cos'è il PSI?

 

[giub]

ALLEGRI RAGAZZI, SIAMO IN BUONA COMPAGNIA...

US Default Inevitable: Fund Manager 13/07/2011A U.S. default isn't a matter of 'if' but 'when', David Murrin, chief investment officer at Emergent Asset Management, told CNBC. 'It's inevitable that the U.S. will default—it's essentially an empire which is overextended and in decline—and that its financial system will go with it', he said. The question is: Does the U.S. default when it is forced to by the outside world, probably the Chinese, or does it take the option to default on its own terms in such a way that it may have a strategic advantage, Murrin said...

 

[tommy271]

Papandreou says Greece needs 2nd bailout quickly






BERLIN, July 13 | Wed Jul 13, 2011 12:27pm EDT

BERLIN, July 13 (Reuters) - Greek Prime Minister George Papandreou told a German newspaper that the euro zone and IMF must approve a second bailout for his country quickly to avoid its economic reform plans collapsing.
"The current mood doesn't help us to get through this crisis," Papandreou told the Financial Times Deutschland, in a brief preview of an interview to be published in Thursday's edition.
"This uncertainty scares investors. If we don't get a decision soon supporting the second Greek programme so that the country can begin its far-reaching reforms, the programme itself could be held up."
The prime minister said he was open to proposals currently being discussed in the euro zone about potentially using the existing euro zone bailout scheme -- the European Financial Stability Facility (EFSF) -- for Greece to buy back its debt.
"This idea could alleviate Greece's debt burden and also its debt servicing costs," Papandreou said. But such issues had to be sorted out quickly: "It could theoretically take two weeks or much longer, which would cause much more damage."
The 440 billion euro ($625 billion) EFSF, set up last year shortly after the first Greek bailout, has been used to help Ireland and Portugal.
Some in the European Central Bank and Germany have objected to such an idea, though the finance ministry in Berlin said on Wednesday such a move was "theoretically" possible already, suggesting a change in the German stance.

 

[tommy271]

Cos'è il PSI?

Private
Sector
Involvement

 

[tommy271]

ALLEGRI RAGAZZI, SIAMO IN BUONA COMPAGNIA...

US Default Inevitable: Fund Manager 13/07/2011A U.S. default isn't a matter of 'if' but 'when', David Murrin, chief investment officer at Emergent Asset Management, told CNBC. 'It's inevitable that the U.S. will default—it's essentially an empire which is overextended and in decline—and that its financial system will go with it', he said. The question is: Does the U.S. default when it is forced to by the outside world, probably the Chinese, or does it take the option to default on its own terms in such a way that it may have a strategic advantage, Murrin said...

Faranno come le precedenti 18esime volte ... alzeranno il tetto max di indebitamento... e continueranno a stampare.

 

[velico]

Private
Sector
Involvement

thank