Gaudente
Forumer storico
e' il risveglio che e' brutto
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
- Creatore Discussione Imark
- Data di Inizio
- Stato
Gaudente
Forumer storico
si', quelli che vi fregano
tommy271
Forumer storico
e' il risveglio che e' brutto
.Gaudente, lascia volare gli ellenici.
Almeno qualche volta ...
g.ln
Triplo Panico: comprare
rientrato
Buon sabato agli amici dei titoli greci. Ieri sono rientrato parzialmente, ma con pochi K, una figura più bassa, nel 2019, che avevo appena alleggerito il 18 sperando di rientrare ben più basso. La direzione presa sembra invece un'altra 
. In salita?? 
. Vedremo lunedì!
Ciao, Giuseppe
Buon sabato agli amici dei titoli greci. Ieri sono rientrato parzialmente, ma con pochi K, una figura più bassa, nel 2019, che avevo appena alleggerito il 18 sperando di rientrare ben più basso. La direzione presa sembra invece un'altra . In salita?? . Vedremo lunedì!Ciao, Giuseppe
tommy271
Forumer storico
GRECIA: REGLING HA PROPOSTO RISTRUTTURAZIONE DEBITO
11:09 22 GEN 2011
(AGI) Berlino - Il numero uno del fondo europeo salva stati, Klaus Regling avrebbe proposto la ristrutturazione del debito greco poche settimane fa, ottenendo l'approvazione di alcuni ministri delle Finanze dell'area euro. Lo rivela il settimanale tedesco Der Spiegel, dopo che la settimana scorsa sia Atene che Berlino hanno smentito di aver pensato a provvedimenti di questo genere. "La misura - scrive il giornale - ha buone possibilita' di essere inserita nel pacchetto di stabilizzazione dell'area euro che verra' presentato al Consiglio europeo di marzo" .
11:09 22 GEN 2011
(AGI) Berlino - Il numero uno del fondo europeo salva stati, Klaus Regling avrebbe proposto la ristrutturazione del debito greco poche settimane fa, ottenendo l'approvazione di alcuni ministri delle Finanze dell'area euro. Lo rivela il settimanale tedesco Der Spiegel, dopo che la settimana scorsa sia Atene che Berlino hanno smentito di aver pensato a provvedimenti di questo genere. "La misura - scrive il giornale - ha buone possibilita' di essere inserita nel pacchetto di stabilizzazione dell'area euro che verra' presentato al Consiglio europeo di marzo" .
tommy271
Forumer storico
Don't rule out debt buy-back idea: Juncker
BERLIN | Sat Jan 22, 2011 8:49am EST
BERLIN (Reuters) - European leaders should not shy away from a proposal to buy back the bonds of troubled euro member states but should not rely too much on rich countries, Eurogroup Chief Jean-Claude Juncker said.
"It would be wrong to create taboos but we cannot overstretch the strong countries," Juncker said in an interview with German magazine Der Spiegel seen by Reuters on Saturday ahead of publication.
A source told Reuters on Thursday that euro zone ministers are considering whether the bloc's rescue fund could buy back bonds of debt-ridden states, a plan Portugal said it supported.
Der Spiegel magazine also reported in an unsourced reported that the idea of a buy-back, which it said was first raised by the European rescue fund's chief Klaus Regling, had been greeted with sympathy by euro zone finance ministers this week.
Without citing any sources, Der Spiegel said Regling's suggestion stood good chances of becoming reality.
"The measure has good prospects of being signed off as part of a comprehensive package to stabilize the euro zone at the European Council in March," it said in a pre-publication release.
It also cited an unnamed high-ranking German finance ministry source as saying this was a good idea, running counter to official German denials this week.
"I wouldn't know of anyone in the Finance Ministry who would have said that," a spokesman for the ministry told Reuters, declining to comment on the Der Spiegel report.
Greece and Germany have insisted Greece, the first to succumb in the currency bloc's debt crisis, needed no help with debt repayments.
A spokesman for EFSF's Regling declined comment but referred to an interview earlier this week in which he said Greece did not need a restructuring of debt, while the Greek finance ministry again denied there have been any discussions on restructuring.
RESCHEDULE AID ONLY
Greece wants to stretch out repayment of the emergency funding it is getting from the IMF and its euro zone peers but is not in talks to restructure its debt, its deputy finance minister reiterated on Friday.
Under the proposal being discussed, the EFSF would be able to conduct buy-back operations of bonds of a distressed country, which could help stabilize its debt market, Reuters sources have said.
For this to be feasible, the fund would need to be beefed up to be able to actually lend out its full headline value of 440 billion euros ($375 billion), a move Juncker backed in his interview with Der Spiegel.
Currently only about 225 billion euros are effectively available because of the need to secure a triple-A credit rating.
Der Spiegel said bondholders would be paid, for example, a five percentage point premium for the bonds that Greece would buy back from them. The EFSF would secure this deal, the acceptance of which would be voluntary for creditors, the magazine said.
BERLIN | Sat Jan 22, 2011 8:49am EST
BERLIN (Reuters) - European leaders should not shy away from a proposal to buy back the bonds of troubled euro member states but should not rely too much on rich countries, Eurogroup Chief Jean-Claude Juncker said.
"It would be wrong to create taboos but we cannot overstretch the strong countries," Juncker said in an interview with German magazine Der Spiegel seen by Reuters on Saturday ahead of publication.
A source told Reuters on Thursday that euro zone ministers are considering whether the bloc's rescue fund could buy back bonds of debt-ridden states, a plan Portugal said it supported.
Der Spiegel magazine also reported in an unsourced reported that the idea of a buy-back, which it said was first raised by the European rescue fund's chief Klaus Regling, had been greeted with sympathy by euro zone finance ministers this week.
Without citing any sources, Der Spiegel said Regling's suggestion stood good chances of becoming reality.
"The measure has good prospects of being signed off as part of a comprehensive package to stabilize the euro zone at the European Council in March," it said in a pre-publication release.
It also cited an unnamed high-ranking German finance ministry source as saying this was a good idea, running counter to official German denials this week.
"I wouldn't know of anyone in the Finance Ministry who would have said that," a spokesman for the ministry told Reuters, declining to comment on the Der Spiegel report.
Greece and Germany have insisted Greece, the first to succumb in the currency bloc's debt crisis, needed no help with debt repayments.
A spokesman for EFSF's Regling declined comment but referred to an interview earlier this week in which he said Greece did not need a restructuring of debt, while the Greek finance ministry again denied there have been any discussions on restructuring.
RESCHEDULE AID ONLY
Greece wants to stretch out repayment of the emergency funding it is getting from the IMF and its euro zone peers but is not in talks to restructure its debt, its deputy finance minister reiterated on Friday.
Under the proposal being discussed, the EFSF would be able to conduct buy-back operations of bonds of a distressed country, which could help stabilize its debt market, Reuters sources have said.
For this to be feasible, the fund would need to be beefed up to be able to actually lend out its full headline value of 440 billion euros ($375 billion), a move Juncker backed in his interview with Der Spiegel.
Currently only about 225 billion euros are effectively available because of the need to secure a triple-A credit rating.
Der Spiegel said bondholders would be paid, for example, a five percentage point premium for the bonds that Greece would buy back from them. The EFSF would secure this deal, the acceptance of which would be voluntary for creditors, the magazine said.
tommy271
Forumer storico
Troika back in town next week
Checks on economy, reforms expected to be strict; government hopes to send positive message to markets
By Sotiris Nikas - Kathimerini
The third and toughest visit so far from Greece’s international lenders starts on Thursday as they arrive in Athens to check on the course of the Greek economy and to decide on whether to approve the next loan tranche, which is worth 15 billion euros.
The Finance Ministry realizes that it can no longer take advantage of any flexibility provided in the past, such as additional time the government was given due to local elections held in November.
Checks by representatives from the European Central Bank, the International Monetary Fund and the European Commission, commonly known as the troika, are expected to be tough and will focus on every part of the memorandum Greece signed in May last year in exchange for the 110-billion-euro loan.
Talks will start with lower-level troika officials on Thursday, while their senior peers are due in the country the following week.
The checks will focus on whether the promised changes have gone ahead, in line with the agreed-upon time frame.
There is likely to be strong interest in the implementation of reforms since the 2010 budget largely succeeded in meeting annual goals.
Another area that will draw their attention will be the opening of so-called closed professions. The government has put up for public discussion a draft bill dropping entry barriers to several professions as well as a rigid fee structure. However, the law regarding lawyers and engineers has been provided with a loophole, allowing the professions to retain their minimum fees.
The troika is also expected to comb through reforms to state-owned companies including the Athens Urban Transport Organization (OASA).
Finance Ministry officials appear confident that the next tranche will be approved, stressing that the payment is the most crucial as it could send a message to markets that Greece is on the right path to getting its finances in order.
By Sotiris Nikas - Kathimerini
The third and toughest visit so far from Greece’s international lenders starts on Thursday as they arrive in Athens to check on the course of the Greek economy and to decide on whether to approve the next loan tranche, which is worth 15 billion euros.
The Finance Ministry realizes that it can no longer take advantage of any flexibility provided in the past, such as additional time the government was given due to local elections held in November.
Checks by representatives from the European Central Bank, the International Monetary Fund and the European Commission, commonly known as the troika, are expected to be tough and will focus on every part of the memorandum Greece signed in May last year in exchange for the 110-billion-euro loan.
Talks will start with lower-level troika officials on Thursday, while their senior peers are due in the country the following week.
The checks will focus on whether the promised changes have gone ahead, in line with the agreed-upon time frame.
There is likely to be strong interest in the implementation of reforms since the 2010 budget largely succeeded in meeting annual goals.
Another area that will draw their attention will be the opening of so-called closed professions. The government has put up for public discussion a draft bill dropping entry barriers to several professions as well as a rigid fee structure. However, the law regarding lawyers and engineers has been provided with a loophole, allowing the professions to retain their minimum fees.
The troika is also expected to comb through reforms to state-owned companies including the Athens Urban Transport Organization (OASA).
Finance Ministry officials appear confident that the next tranche will be approved, stressing that the payment is the most crucial as it could send a message to markets that Greece is on the right path to getting its finances in order.
tommy271
Forumer storico
Top bankers expect rebound by year-end
By Yiannis Papadoyiannis - Kathimerini
The heads of Greece’s major commercial banks have voiced optimism that the economy can return to a growth trajectory by the end of 2011.
They acknowledge that the first half of the year will be a particularly difficult and crucial period that will test the strength of households and businesses alike, but with the application of the appropriate policies and strictly following the terms agreed to with Greece’s creditors, the economy has the potential to stabilize and the first signs of recovery could become apparent before the end of the year.
They also think the course of the local economy will depend heavily on the final format of the total European solution to the debt problem, but note such a solution would not entail a relaxation in the fiscal streamlining effort. Crucially, though, it would ease the worries of the markets and investors and reduce pressure.
Top bankers however warn that the rebound can only come through policies that will awaken and release the creative forces of this country.
National Bank CEO Apostolos Tamvakakis suggests banks will also have to become more creative, moving away from the mere management of the daily nitty-gritty and toward the realization of dynamic policies.
His counterpart at Eurobank EFG, Nikos Nanopoulos, outlines three conditions necessary for a return to growth: the political and social consent for the adjustment to a new mentality, the strict application of commitments to Greece’s creditors, and the creation of a positive growth policy with an emphasis on tourism and exports taking a leading role in boosting the country’s presence abroad.
Alpha Bank CEO Dimitris Mantzounis adds that Greece’s access to markets for funding will boost confidence and help domestic credit.
(Kathimerini.gr)
By Yiannis Papadoyiannis - Kathimerini
The heads of Greece’s major commercial banks have voiced optimism that the economy can return to a growth trajectory by the end of 2011.
They acknowledge that the first half of the year will be a particularly difficult and crucial period that will test the strength of households and businesses alike, but with the application of the appropriate policies and strictly following the terms agreed to with Greece’s creditors, the economy has the potential to stabilize and the first signs of recovery could become apparent before the end of the year.
They also think the course of the local economy will depend heavily on the final format of the total European solution to the debt problem, but note such a solution would not entail a relaxation in the fiscal streamlining effort. Crucially, though, it would ease the worries of the markets and investors and reduce pressure.
Top bankers however warn that the rebound can only come through policies that will awaken and release the creative forces of this country.
National Bank CEO Apostolos Tamvakakis suggests banks will also have to become more creative, moving away from the mere management of the daily nitty-gritty and toward the realization of dynamic policies.
His counterpart at Eurobank EFG, Nikos Nanopoulos, outlines three conditions necessary for a return to growth: the political and social consent for the adjustment to a new mentality, the strict application of commitments to Greece’s creditors, and the creation of a positive growth policy with an emphasis on tourism and exports taking a leading role in boosting the country’s presence abroad.
Alpha Bank CEO Dimitris Mantzounis adds that Greece’s access to markets for funding will boost confidence and help domestic credit.
(Kathimerini.gr)
tommy271
Forumer storico
Chiusura ancora in tono rilassato per gli spread/bund sui periferici.
Le indiscrezioni attorno ad un buy-back oppure ad una ristrutturazione volontaria, con un supposto premio per i bondholder del debito ellenico, crea ampie aspettative.
In Spagna si sta lavorando attorno ad una riforma delle Casse di Risparmio che non dovrebbe pesare troppo sul debito statale.
Qualche sprazzo di luce continua a bucare la notte profonda dell'Euro.
Grecia 807 pb. (819)
Irlanda 567 pb. (573)
Portogallo 363 pb. (372)
Spagna 202 pb. (220)
Italia 151 pb. (166)
Belgio 105 pb. (114)
Le indiscrezioni attorno ad un buy-back oppure ad una ristrutturazione volontaria, con un supposto premio per i bondholder del debito ellenico, crea ampie aspettative.
In Spagna si sta lavorando attorno ad una riforma delle Casse di Risparmio che non dovrebbe pesare troppo sul debito statale.
Qualche sprazzo di luce continua a bucare la notte profonda dell'Euro.
Grecia 807 pb. (819)
Irlanda 567 pb. (573)
Portogallo 363 pb. (372)
Spagna 202 pb. (220)
Italia 151 pb. (166)
Belgio 105 pb. (114)
- Stato
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