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

[Gaudente]

avvoltoi in fregola

Where is Greece's economy going and what does it mean to expats? effamolo 'sto default cosi' poi con un par de dracme ci accattiamo tutto

 

[Imark]

Grecia fermissima sui livelli di prezzo dei giorni scorsi.

L'altro ieri sera oscillazioni massime di +/- 0,2%; ieri di +/- 0,5%.

Niente su cui valga la pena riferire, Grecia temporaneamente fuori dal cono di luce dei riflettori del mercato.

 

[Brisico]

Sono d'accordo.
Certamente, se le cose si metteno male, non aspetteremo sino al 2013 ...

Nessuno ci avviserà con certezza quando le cose si metteranno male, dall'oggi al domani i prezzi andranno in picchiata ed ecco che diremo:a questi prezzi non si puo' vendere... ed ecco che ci prenderemo il default... speriamo che tutto questo non si avveri con l'augurio al piu' presto di rivedere i nostri titoli ellenici a prezzi vicino ai 100.

 

[tommy271]

I possibili scenari di fuori uscita dalla crisi:

Lavoce.info - ARTICOLI - PROPOSTE PER USCIRE DALLA CRISI DELL'EURO

 

[tommy271]

Greece Proposes Tax Breaks, Subsidies to Spur Private Investment

By Marcus Bensasson - Dec 10, 2010 12:18 PM GMT+0100 Fri Dec 10 11:18:31 GMT 2010


Greece introduced legislation to strengthen private investment, including tax breaks, as part of measures agreed with the European Central Bank, European Commission and International Monetary Fund.

The proposals, which Economy and Competitiveness Minister Michalis Chrisochoides presented to a meeting of Greece’s Cabinet yesterday, include tax relief on new businesses for eight years and on investment by existing companies for six years, according to an e-mailed statement from the ministry today.

The government will also subsidise as much as 50 percent of the cost of some investments under the plans, which require the approval of parliament.

Greece agreed to take steps to help investment as part of the conditions for a 110 billion-euro ($146 billion) bailout led by the European Union in May.

Greece has been in recession for two years, with the economy shrinking 1.3 percent in the third quarter, figures published yesterday showed. The government expects gross domestic product to stop contracting in the second half of 2011 and return to growth in 2012.

The Cabinet also approved changes to labor contracts and wage cuts at state enterprises.

(Bloomberg)

***
Tagli pesanti ma un occhio anche verso gli investimenti ...

 

[tommy271]

Greece Jan-Nov Govt Deficit E21.4 Bn,Down E6.1 Bn Y/Y: FinMin



ATHENS (MNI) - Greece's central government cash deficit for the first 11 months of this year amounted to E21.379 billion, down from E27.466 billion in the previous-year period, the Finance Ministry said Friday.

During this period, ordinary budget revenues rose to E45.502 billion from E43.210 last year. Ordinary budget expenditures declined to E59.611 billion from E64.357 billion.

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Chi lamentava ieri solo notizie negative ...

 

[tommy271]

Greek Shipowners Dealing With The 25% Of World Fleet



Greek shipowners remain dominant in the sea but also in trading, doing business with the 25% of the world fleet. They stay at the top of deals, ending 2010, according to N. Cotzias Shipping Consultants.

During Jan-Nov period, the shipowners’ deals, especially in purchases, exceeded the 25% of world’s total transactions, spending more than 8.29 billion dollars for 281 ships. 221 of them were dry cargo ships.

Greek owners have bought 25.4% of tanker tonnage equivalent to 60 tankers and 8.319 million tones dwt. The total amount of tankers bought were 394 of a total capacity of 32,757 million dwt this year, says NCSC’s report.

Norwegian owners take the second position having bought 31 new ships and spending 951 million dollars, while Americans climbed at the third place.

Regarding to dry cargo ships, the Greeks maintained the lead over Chinese shipowners, having added 221 new ships to their fleet (24.6% of total purchases) and sold 161. They have added additional 11.66 million tons dwt capacity, which represents 28.53% of the total tonnage purchased in 2010. The value of the market shaped to 5.41 billion dollars, Cotzias Shipping Consultants noted.

The Chinese added 169 dry cargo ships to their fleet, spending 2.608 billion dollars. The Turks ranked third with 39 new ships since the beginning of the year.

November was strengthened in terms of transactions, as 81 deals of 3.8million tons, worth 1.4billion dollars took place.

Since the beginning of 2011, 911 ships have been sold for about 15 billion dollars, while for the Jan-Nov 2010 period the corresponding amount was 948 ships for 12 billion dollars. This clearly means that ships cost more and dealers shift into used ships market achieving lower prices.

Regarding to bulkers, 668 ships with an average capacity of 57,900 dwt and average price of 17 million dollars were sold in 2009. In 2010, 570 ships were sold of an average capacity of 60,500 dwt and average price of 26 million dollars.

(capital.gr)

***
Non rimane che il dominio dei mari ... .

 

[tommy271]

ASE Dragged Down by Banks and Blue-chips



The Greek market moves in negative territory on Friday, dragged down by banks and blue-chips.

The market will most probably accumulate at current price levels, while any interest is expected to be directed towards the banking sector, according to Marfin Analysis.


Olli Rehn’s positive comments about Greek economy had been welcomed by investors but the new structural reforms announced last night may cause concern and nervousness to the market, analysts say.

Kyprou Securities expects consolidation to continue on the Athens Stocks. “Major international markets should affect the EU Commissioner Olli Rehn’s positive comments on Greece’s fiscal condition – in line with the Stability and Growth Plan – enhanced sentiment. The ASE seems to be floating around current index levels and it should continue with the same mid-term consolidation pattern.”

The General Index is at 1.528.46, down 0.90%. Turnover stands at 36 million euro. Across the board 64 shares decline, 32 rise and 25 remain unchanged.

"The market is trying to digest the 3% gains achieved over the week and I think the positive momentum is likely to continue until year end since the bourse has already factored in the worst scenarios for the local economy," Kostas Zouzoulas, head of analysis at Axia Ventures, told Dow Jones Newswires.

"If the country makes solid progress on promised restructuring reforms, equity prices will benefit because investors will look at listed stocks in light of the new and healthier prospects," he added.

In the FTSE20 index, National Bank of Greece shares are down 2.3%, Alpha Bank declines by more than 2% as well, followed by Eurobank (-1.9%) and Titan (-1.5%).

However, ATEbank and Hellenic Postbank gain 10.1% and 6.3% respectively, both on privatization prospects.

(capital.gr)

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L'andamento mattutino alla Borsa di Atene.

 

[tommy271]

UE: nel 2011 l'economia greca potrebbe riprendere a crescere

2010-12-10 10:02:16 cri

Il 9 dicembre ad Atene, il membro della Commissione europea responsabile degli affari economici e monetari, Oli Rehn, ha comunicato che nell'ultimo semestre la Grecia ha fatto grandi progressi nella regolamentazione della politica finanziaria e nella riforma strutturale e l'economia sta funzionando nella giusta orbita, per cui è probabile il paese riprenda la crescita nel secondo semestre del 2011.

Rehn ha sottolineato di non essere d'accordo con chi afferma che dopo il 2013 la Grecia avrà ancora bisogno di nuovi prestiti per affrontare la crisi, ritenendo che ciò non sarà necessario a condizione che adesso il Paese afferri l'occasione per promuovere completamente la politica di austerità e il piano di riforma.

(Radio Cina internazionale)

***
Le dichiarazioni di Rehn riportate dai cinesi ...

 

[tommy271]

EU Rehn: Euro Is "Core Political Project" For EU


(Adds further quotes)
By Christopher Emsden
Of DOW JONES NEWSWIRES

ROME (Dow Jones)--The euro isn't just the single currency of most European Union nations but the platform for greater political union in the region, Olli Rehn, the European Commissioner for Economic and Monetary Affairs, said Friday in Rome.
The euro is a "core political project" for the EU, Rehn said at a press conference after addressing members of the Italian Parliament.

Rehn also said that reviving and boosting economic expansion is the primary challenge for Europe. "Increasing economic growth is the main challenge for Italy, and it is also the main challenge for all of Europe," he said.

Fiscal consolidation across the 16-member euro area should be "co-ordinated and differentiated," Rehn said, acknowledging that countries such as Germany and Greece have different "fiscal space."

Economic recovery in the euro area as a whole, led by core large member states, is beginning to be self-sustaining and spread into consumer-led demand, he added.

While future economic governance in the EU offers explicit numerical targets for public debt reduction, the rules will be applied with discretion, Rehn said.

"Private-sector debt will be a very important variable" in determining whether a member state should be subject to sanctions, he said. "It will be a mitigating factor in the new economic governance."