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

[tommy271]

molto bene, non ho capito peró il cosí detto periodo di grazia, fino a quando é: 2017?

Gli aiuti della troika, andrebbero rimborsati sempre a partire da fine 2013 sino al 2024.
Le rate diverrebbero più basse da pagare, a fronte però di un aumento dei tassi dal 5% al 5,8% circa.
Direi che meglio di così non si poteva fare.
Comunque niente è ancora nero su bianco.

 

[frmaoro]

certo che prima di capire il tutto ci vorrà un p'ò di tempo

 

[tommy271]

certo che prima di capire il tutto ci vorrà un p'ò di tempo

Ad ogni modo, dato che i due Papa (Andreou e Constantinou) non parlano mai a vuoto, la trattativa è sicuramente a buon punto.

 

[tommy271]

DJ: Papaconstantinou Says Greece To Be Given Seven Year Extension, Four Year Grace Period



Greece’s Finance Minister said Monday that the country is likely to get an extension for the repayment of its EUR110 billion bailout, Dow Jones Newswires reports.

"We will be given a grace period of four years and then seven years to repay all the loans provided by international lenders," Papaconstantinou said, meaning that Greece, which had until 2015 to repay the bailout will now have until 2024, in line with the repayment terms of the Irish bailout.

"The decision has been taken to have an equal treatment with Ireland and send a message to markets," Papaconstantinou said.
But the interest rate of the Greek bailout would inch higher given this extension from an average fixed rate of 5.5% to about 5.8%, Papaconstantinou said.

"The decision is very important, it opens the way to return to markets earlier than expected," Papaconstantinou added.

(Capital.gr)

***
In poche righe, l'essenziale ...

 

[tommy271]

Greece October PPI inflation slows to 5.0% y/y November 29, 2010 - Cyprus news portal on business, politics, investments and economy.



Greek producer prices rose 5.0% year-on-year in October, easing from a 5.8% clip in September as price increases in energy costs softened, the country's statistics service said on Monday.
Greek consumer price inflation slowed to 5.2% year-on-year in October after hitting a 13-month high of 5.6% in the previous month.
"The softening in the year-on-year PPI rate is positive but underlying pressures remain high. We expect a more pronounced deceleration in domestic producer and consumer prices in the second half of 2011, on waning base effects and a negative output gap," said economist Platon Monokroussos at EFG Eurobank.

(financialmirror.com)

 

[tommy271]

Germany FinMin:Hope Ireland Aid To Have Calming Effect On EMU


BERLIN (MNI) - German Finance Minister Wolfgang Schaeuble said Monday he hoped that the financial aid for Ireland will curtail the risk of a contagion of other Eurozone member states.

"I hope that the solution of the Irish problems will have a calming effect for the whole Eurozone," Schaeuble said at a press conference here.

German Economics Minister Rainer Bruederle said in a newspaper interview published Sunday he did not expect that other countries will have to follow the example of Greece and Ireland by calling for financial aid from their European peers and the International Monetary Fund.

"I assume that we will be able to limit our aid to Greece and Ireland and no further countries will get into trouble," Bruederle told German weekly Bild am Sonntag. He noted that Spain and Portugal are doing everything to get their public budgets in order.

Schaeuble underlined today that Sunday's agreement on aid for Ireland was necessary to prevent the debt crisis from spreading to other Eurozone member states. Such a development could choke off the German recovery, he warned.

Under the terms of the E85 billion aid package for Ireland, Germany will guarantee E6.25 billion of bonds issued by the European Financial Stability Facility (EFSF), the minister explained.

The future European Stability Mechanism (ESM) -- also agreed by Eurozone finance ministers on Sunday -- will lead to a sustained stabilisation of the euro, Schaeuble asserted.

He reminded that the ESM would allow for debt restructuring affecting private creditors should a sovereign Eurozone state be declared insolvent.

Under the terms of the ESM, all Eurozone government bonds sold from June 2013 onward would contain "collective action clauses" (CACs).

The purpose of the CACs is to allow all debt issued by a country to be lumped together for the purpose of negotiations with creditors. Creditors could then pass a qualified majority decision, making the restructuring agreement legally binding.

***
Qualche dettaglio in più.
Si conosceva, ma qui è stato ribadito.

 

[tommy271]

Greece's Coca-Cola Hellenic To Refinance EUR500M In Bonds



ATHENS (Dow Jones)-Greece's Coca-Cola Hellenic (CCH), one of the world largest bottlers, said Monday that it wants to refinance EUR500 million worth of bonds due in 2011. The cash tender offer is for the 4.375% fixed rate notes due 2011 issued by Coca-Cola HBC Finance Plc.
"The purpose of the invitation is to lower the group's interest expense and improve its debt profile," the company said in a statement.
Coca-Cola Hellenic invited holders of the bond to submit their offers by Dec. 6.
The purchase price for the notes will be 102.1. The bottler will also pay accrued interest up to but excluding the expected settlement date of Dec. 14.
Managers for the tender offer are Deutsche Bank, Royal Bank of Scotland and Bank of America Merrill Lynch.



***
La Coca Cola Hellenic torna sul mercato sul mercato dei bond: è sempre un buon segnale di fiducia.

 

[tommy271]

Ireland's crisis is Greece's opportunity?

29 November 2010 Ta Nea Athens



"The Greek government will be able to take a breather" notes the Ta Nea editorial. Headlining with "Ireland has saved us," the Athens daily explains that "having agreed on 85 billion euros for Ireland, the Europeans and the IMF wanted to reinforce the credibility of the European Stability Mechanism with regard to Greece, which will now be given more time to pay for its bailout". Five years instead of 11 years as previously planned. However, the Ta Nea remarks that the downside will be a prolongation of austerity measures and further suffering for the Greek population.



Ireland's crisis is Greece's opportunity? | Presseurop ? English

 

[tommy271]

Sempre per rimanere in argomento sulle questioni "allargate" dell'Euro:
Le conseguenze disastrose di un ritorno al "Marco"

Fears of a Euro Demise: The Disastrous Consequences of a Return to the Deutsche Mark - SPIEGEL ONLINE - News - International

 

[frmaoro]

le borse crollano tutto innescato da quella incompetente merkel e del suo staff