tommy271
Forumer storico
Frmaoro è di nuovo sparito un altra volta...
Aveva detto che andava in Romania, in ferie ...
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
- Creatore Discussione Imark
- Data di Inizio
- Stato
Aveva detto che andava in Romania, in ferie ...
tommy271
Forumer storico
EU's Rehn: Deal to cut Greek debt by 22 pct/GDP by 2020
BRUSSELS | Fri Aug 5, 2011 9:30am EDT
BRUSSELS Aug 5 (Reuters) - Lower interest on euro zone loans to Greece and private bondholder involvement in the country's restructuring will cut its debt by 22 percent of GDP by 2020, Economic and Monetary Affairs Commissioner Olli Rehn said.
Rehn reiterated that the involvement of the private sector in the second financing package for Greece, agreed by euro zone leaders on July 21, was exceptional and would not be repeated in the cases of fellow bailout recipients Ireland or Portugal.
Euro zone leaders agreed to lower the interest on loans to Greece and extend their maturity to 15-30 years.
"A reduction of interest rates to about 4 percent should reduce cumulative interest payments by some 25 billion euros between 2011 and 2020," Rehn told a news conference.
"This implies a reduction in the debt ratio in 2020, without private sector involvement, of around 10 percent of GDP," he said.
Before the July 21 agreement, the Commission forecast that Greek debt to GDP ratio would rise from 142.8 in 2010 to 157.7 percent in 2011 and then to 166.1 percent in 2012.
Rehn said private sector involvement (PSI) in the financing package would bring the ratio down further by stretching the average maturity further, and substantially cut the amounts that Greece would have to raise in the markets by the end of the programme in 2014.
"PSI and the accompanying debt buy-back entail a further estimated net debt reduction by some 26 billion euros or 12 percent of GDP by 2020," Rehn said.
To secure private sector participation, Greece will offer credit enhancement for new bonds that investors will be able to get in exchange for current Greek bonds either immediately or at maturity.
Euro zone leaders allotted 35 billion euros for such credit enhancement for Greece and another 20 billion euros for a Greek bond buyback.
Costs relating to PSI included the recapitalisation of Greek banks (20 billion euros) and credit enhancements (35 billion euros), in the form of AAA-rated bonds paid on an escrow account, for the new government bonds being exchanged for existing bonds maturing during the period 2011-20, Rehn said.
BRUSSELS | Fri Aug 5, 2011 9:30am EDT
BRUSSELS Aug 5 (Reuters) - Lower interest on euro zone loans to Greece and private bondholder involvement in the country's restructuring will cut its debt by 22 percent of GDP by 2020, Economic and Monetary Affairs Commissioner Olli Rehn said.
Rehn reiterated that the involvement of the private sector in the second financing package for Greece, agreed by euro zone leaders on July 21, was exceptional and would not be repeated in the cases of fellow bailout recipients Ireland or Portugal.
Euro zone leaders agreed to lower the interest on loans to Greece and extend their maturity to 15-30 years.
"A reduction of interest rates to about 4 percent should reduce cumulative interest payments by some 25 billion euros between 2011 and 2020," Rehn told a news conference.
"This implies a reduction in the debt ratio in 2020, without private sector involvement, of around 10 percent of GDP," he said.
Before the July 21 agreement, the Commission forecast that Greek debt to GDP ratio would rise from 142.8 in 2010 to 157.7 percent in 2011 and then to 166.1 percent in 2012.
Rehn said private sector involvement (PSI) in the financing package would bring the ratio down further by stretching the average maturity further, and substantially cut the amounts that Greece would have to raise in the markets by the end of the programme in 2014.
"PSI and the accompanying debt buy-back entail a further estimated net debt reduction by some 26 billion euros or 12 percent of GDP by 2020," Rehn said.
To secure private sector participation, Greece will offer credit enhancement for new bonds that investors will be able to get in exchange for current Greek bonds either immediately or at maturity.
Euro zone leaders allotted 35 billion euros for such credit enhancement for Greece and another 20 billion euros for a Greek bond buyback.
Costs relating to PSI included the recapitalisation of Greek banks (20 billion euros) and credit enhancements (35 billion euros), in the form of AAA-rated bonds paid on an escrow account, for the new government bonds being exchanged for existing bonds maturing during the period 2011-20, Rehn said.
tommy271
Forumer storico
E' un vero punto interrogativo.
Penso che nel fine settimana ci sarà qualche incontro, magari in teleconferenza...
Forse verrà presa qualche iniziativa per arrestare il crollo di borse e spread.
Ma la discussione importante, quella sull'EFSF, verrà rimandata a fine mese. Credo non ci sia il tempo materiale, tra l'altro le modifiche dovrebbero essere approvate dai rispettivi parlamenti nazionali ... e la nostra Camera riapre il 6 settembre ...
.
Nobody's
Γένοιο οἷος εἷ
E' un vero punto interrogativo.
Penso che nel fine settimana ci sarà qualche incontro, magari in teleconferenza...
Forse verrà presa qualche iniziativa per arrestare il crollo di borse e spread.
Ma la discussione importante, quella sull'EFSF, verrà rimandata a fine mese. Credo non ci sia il tempo materiale, tra l'altro le modifiche dovrebbero essere approvate dai rispettivi parlamenti nazionali ... e la nostra Camera riapre il 6 settembre ...
Mi sa che e come dici te.....
Per me nulla di fatto.....e lunedi si ricomincia.....
tommy271
Forumer storico
Ad una mezzoretta dalla chiusura gli spread veleggiano intorno ai massimi toccati ieri, senza le esagerazioni di questa mattina.
Il castello di carte è in piedi ma basta un soffio per farlo cadere ...
tommy271
Forumer storico
Cinque minuti fa, circa:
MIB + 0,83%
CAC - 0,23%
DAX - 1,83%
Spread, ora:
Grecia 1324 pb.
Italia 377 pb.
Nobody's
Γένοιο οἷος εἷ
Grazie tommy
- Stato
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