stockuccio
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compito facile ... default gestito
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
- Creatore Discussione Imark
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compito facile ... default gestito
vegar
Forumer storico
http://www.corriere.it/economia/10_...na_36208644-f224-11df-a59d-00144f02aabc.shtml
Crisi Irlanda, il ministro britannico:
«Pronti ad aiutare Dublino»
Gran Bretagna pronta a scendere in campo per aiutare le banche partecipando al fondo di sostegno del Fmi
Chissà come mai
Crisi Irlanda, il ministro britannico:
«Pronti ad aiutare Dublino»
Gran Bretagna pronta a scendere in campo per aiutare le banche partecipando al fondo di sostegno del Fmi
Chissà come mai
tommy271
Forumer storico
Greece Faces No Cash Crunch Amid Tussle Over Loan Payment
By Alkman Granitsas and Bernd Radowitz
Of DOW JONES NEWSWIRES
ATHENS (Dow Jones)--Greece said it faces no cash problems despite a tussle with its European partners over the timing of an expected loan payment, a development that sent another wave of jitters through nervous bond markets Wednesday.
In midday trade, investors sold off Greek government bonds sending yields higher, while the cost of insuring those bonds also rose. The Athens stock exchange was also down 1.3% at 1,474 points, following earlier steep losses.
The move comes after Austrian Finance Minister Josef Proell raised doubts about Greece's deficit cutting plan and told reporters that the payment of a third tranche of a rescue package for Greece has been postponed to January--from December--by common consent of euro-zone finance ministers.
"We're waiting for data material from Greece," Proell said in Brussels on the sidelines of a meeting of European Union finance ministers, known as Ecofin. "We had it in the budget for December, and therefore I said, I can't transfer it as I don't know the state of the figures."
Analysts say that Austria is stepping up the pressure on Greece after it was revealed that the debt-strapped Mediterranean country had missed its budget deficit target for this year, breaching a loan agreement with the EU and International Monetary Fund that was signed this spring.
The first two tranches of that loan were paid in May and August this year, with the third tranche widely expected to be paid in December.
However, statements by both the Greek government and European Commission officials denied that there was any delay in the payment schedule.
"The third tranche has always been foreseen for January," Commission spokesman Amadeu Altafaj Tardio told Dow Jones Newswires.
A delegation of EU, IMF and European Central Bank officials is currently in Athens to determine whether Greece is complying with its program. Based on that assessment, the commission will then make a recommendation that will be voted on by euro-zone countries in December, with the actual disbursement taking place in January, the spokesman said, adding that none of these steps has been delayed.
In a statement, Greece's Finance Ministry said that its fellow euro-zone members will decide on its eligibility to receive the loan in December, but the actual disbursement will come in January for administrative reasons.
It added that the International Monetary Fund will pay its portion of the loan instalment in December.
"This has been agreed to with the European Commission for some time and does not create any cash problem for our country whatsoever," the statement said.
In May, Greece narrowly avoided default with the help of an EUR110 billion loan from the European Union and IMF, in exchange for a series of harsh austerity measures to cut its budget deficit.
But earlier this week, the EU's statistics agency sharply raised its estimate for Greece's 2009 deficit, to a record 15.4% of gross domestic product--up from a previous estimate of 13.6%. As a result of that, and combined with lagging tax revenue, Greece has said its deficit this year is now expected to reach 9.4% of GDP, well above its 8.1% target for this year.
Greece also has said that it will do whatever necessary to meet its deficit targets for next year, aiming to narrow its budget gap to 7.6% of GDP by end-2011, and it's currently eyeing some EUR4 billion in additional austerity measures.
However, the dispute once again unsettled investors. Midday Wednesday, the interest rate spread between 10-year Greek government bonds and their benchmark German counterparts--a measure of credit risk--widened by 15 basis points to 910 basis points. The cost of insuring those bonds against default through so-called credit default swaps was also some 19 basis points higher.
"This dispute over the timing of the loan payment is just another example of the immature politicking of all the euro-zone members," said a bond trader at a Greek bank. "And that is bringing to the surface all of the problems in the euro zone."
By Alkman Granitsas and Bernd Radowitz
Of DOW JONES NEWSWIRES
ATHENS (Dow Jones)--Greece said it faces no cash problems despite a tussle with its European partners over the timing of an expected loan payment, a development that sent another wave of jitters through nervous bond markets Wednesday.
In midday trade, investors sold off Greek government bonds sending yields higher, while the cost of insuring those bonds also rose. The Athens stock exchange was also down 1.3% at 1,474 points, following earlier steep losses.
The move comes after Austrian Finance Minister Josef Proell raised doubts about Greece's deficit cutting plan and told reporters that the payment of a third tranche of a rescue package for Greece has been postponed to January--from December--by common consent of euro-zone finance ministers.
"We're waiting for data material from Greece," Proell said in Brussels on the sidelines of a meeting of European Union finance ministers, known as Ecofin. "We had it in the budget for December, and therefore I said, I can't transfer it as I don't know the state of the figures."
Analysts say that Austria is stepping up the pressure on Greece after it was revealed that the debt-strapped Mediterranean country had missed its budget deficit target for this year, breaching a loan agreement with the EU and International Monetary Fund that was signed this spring.
The first two tranches of that loan were paid in May and August this year, with the third tranche widely expected to be paid in December.
However, statements by both the Greek government and European Commission officials denied that there was any delay in the payment schedule.
"The third tranche has always been foreseen for January," Commission spokesman Amadeu Altafaj Tardio told Dow Jones Newswires.
A delegation of EU, IMF and European Central Bank officials is currently in Athens to determine whether Greece is complying with its program. Based on that assessment, the commission will then make a recommendation that will be voted on by euro-zone countries in December, with the actual disbursement taking place in January, the spokesman said, adding that none of these steps has been delayed.
In a statement, Greece's Finance Ministry said that its fellow euro-zone members will decide on its eligibility to receive the loan in December, but the actual disbursement will come in January for administrative reasons.
It added that the International Monetary Fund will pay its portion of the loan instalment in December.
"This has been agreed to with the European Commission for some time and does not create any cash problem for our country whatsoever," the statement said.
In May, Greece narrowly avoided default with the help of an EUR110 billion loan from the European Union and IMF, in exchange for a series of harsh austerity measures to cut its budget deficit.
But earlier this week, the EU's statistics agency sharply raised its estimate for Greece's 2009 deficit, to a record 15.4% of gross domestic product--up from a previous estimate of 13.6%. As a result of that, and combined with lagging tax revenue, Greece has said its deficit this year is now expected to reach 9.4% of GDP, well above its 8.1% target for this year.
Greece also has said that it will do whatever necessary to meet its deficit targets for next year, aiming to narrow its budget gap to 7.6% of GDP by end-2011, and it's currently eyeing some EUR4 billion in additional austerity measures.
However, the dispute once again unsettled investors. Midday Wednesday, the interest rate spread between 10-year Greek government bonds and their benchmark German counterparts--a measure of credit risk--widened by 15 basis points to 910 basis points. The cost of insuring those bonds against default through so-called credit default swaps was also some 19 basis points higher.
"This dispute over the timing of the loan payment is just another example of the immature politicking of all the euro-zone members," said a bond trader at a Greek bank. "And that is bringing to the surface all of the problems in the euro zone."
tommy271
Forumer storico
Non può farlo.
tommy271
Forumer storico
Grecia, nessun ritardo in pagamento aiuti Ue e Fmi - Rehn
mercoledì 17 novembre 2010 14:04
BRUXELLES, 17 novembre (Reuters) - La terza tranche degli aiuti europei e del Fmi alla Grecia verrà concessa nel termine prefissato di dicembre, e il pragamento effetivo dei fondi avverrà, come già previsato, in gennaio.
Il chiarimento arriva dal commissario europeo agli Affari economici e monetari Olli Rehn, dopo le dichiarazioni del ministro delle finanze austriaco su un allungamento dei tempi per il pagamento degli aiuti ad Atene.
"Non c'è nessun ritardo" ha spiegato Rehn aggiungendo che la Commissione europea raccomanderà di procedere con la terza tranche degli aiuti alla Grecia se la valutazione degli sforzi finanziari del paese sarà positiva.
***
Sirtaki.
mercoledì 17 novembre 2010 14:04
BRUXELLES, 17 novembre (Reuters) - La terza tranche degli aiuti europei e del Fmi alla Grecia verrà concessa nel termine prefissato di dicembre, e il pragamento effetivo dei fondi avverrà, come già previsato, in gennaio.
Il chiarimento arriva dal commissario europeo agli Affari economici e monetari Olli Rehn, dopo le dichiarazioni del ministro delle finanze austriaco su un allungamento dei tempi per il pagamento degli aiuti ad Atene.
"Non c'è nessun ritardo" ha spiegato Rehn aggiungendo che la Commissione europea raccomanderà di procedere con la terza tranche degli aiuti alla Grecia se la valutazione degli sforzi finanziari del paese sarà positiva.
***
Sirtaki.
stockuccio
Guest
allora avanti con tasse patrimoniali ... inutili anche queste
tommy271
Forumer storico
Ma se non hanno neanche un registro catastale ...
tommy271
Forumer storico
Ti faccio un piccolo emblematico esempio: ad Atene erano censite circa una cinquantina di ville con piscina.
Papaconstantinou ha sollecitato il Dipartimento delle Entrate a svolgere un'inchiesta.
Hanno mandato l'elicottero per fotografare Atene dall'alto: risultato, oltre 3.000 ...
Su questo fronte c'è tantissimo da fare, ma lo sappiamo bene che i risultati della lotta contro l'evasione ci vuole tempo per farli maturare.
Non è una cosa dall'oggi al domani.
stockuccio
Guest
non rimane allora che fare un superenalotto anche loro sperando piaccia ai tedeschi come il nostro
di più nin so
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