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

[tommy271]

Crisi/ Pd: 'Patto per competitività' Ue non va

"Si continua a negare necessità di investimenti pubblici"


Roma, 12 mar. (TMNews) - Il Pd è critico sul 'patto per la competitività' discusso ieri a Bruxelles. "Il vertice dei capi di Stato e di governo dell'eurogruppo ieri a Bruxelles - ha commentato il responsabile economico dei Democratici, Stefano Fassina - ha fatto qualche correzione di buon senso alle condizioni del prestito alla Grecia. Tuttavia, il 'Patto per la competitività' non va".

"I governi di centro-destra in Europa - ha sottolineato l'esponente del Pd - sono ancora prigionieri dell'ideologia supply side e continuano a negare la necessità di investimenti pubblici e politiche industriali per sostenere domanda interna europea e miglioramenti strutturali della produttività".

Fassina ha rivendicato, invece, che "le proposte messe in campo dall'Alleanza dei Socialisti e Democratici al Parlamento Europeo, tra le quali la tassa sulle transazioni finanziarie, l'agenzia europea per il debito e un programma di investimenti innovativi finanziati da eurobonds, possono restituire all'Unione europea una prospettiva di crescita sostenibile e lavoro".

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In linea di massima, la posizione del raggruppamento dei Socialisti Europei.

 

[tommy271]

Qualche dettaglio e retroscena della riunione di sabato:

Potenziato il fondo salva-stati - Il Sole 24 ORE

 

[tommy271]

E' sempre difficile accontentare tutti ...

Sul debito Ue il vertice dei (mezzi) passi avanti - Il Sole 24 ORE

 

[tommy271]

Opposition parties scorn eurozone deal on loan terms

ND insists that whole EU-IMF agreement must be renegotiated

Opposition parties have played down a deal achieved early Saturday that saw eurozone leaders agree to improve the terms for Greece’s 110-billion-euro loan package, with New Democracy insisting that Prime Minister George Papandreou must renegotiate the EU-IMF agreement to help the economy recover.

In a statement, ND leader Antonis Samaras said that the conservatives had in the past called for a longer repayment period and lower interest rate but had also stressed the need for the EU-IMF memorandum to be redrafted.

Samaras also highlighted the failure of the eurozone leaders’ meeting to agree that a permanent rescue fund should have the ability to buy back government bonds.

“This would have really lightened the load but the idea was rejected,” said Samaras. “Another permanent solution to ensure viability would have been the Eurobond but this idea was not even discussed.”

The eurozone leaders agreed to extend the maturity of Greece’s loans from 3 to 7.5 years and to decrease the interest rate from an average of 5.2 percent to 4.2.

It was thought that Greece would have to make certain commitments, such as privatizing 50 billion euros worth of state assets by 2015 and including a “debt brake” in the constitution, in order to receiver better loan terms but the prime minister denied giving any such promises.

Communist Party (KKE) leader Aleka Papariga, however, accused Papandreou of not telling Greeks the whole truth about what had been agreed. She also said that the agreement in Brussels would bring about “new and overwhelming measures on wages, pensions, labor rights and the privatization of everything.”

The leader of the Popular Orthodox Rally (LAOS) Giorgos Karatzaferis said the agreement was a chance for Greece to improve its fortunes but suggested that the PASOK government was not best placed to maximize this opportunity.

“We may not have got everything we wanted from Europe but we got much more than the pessimists expected,” he said. “The issue now is who will make the most of this opportunity. It is clear that the structure of the current government is not the best guarantee for Greece’s future.”

The head of the Coalition of the Radical Left (SYRIZA) Alexis Tsipras said that there was little to cheer in Saturday’s agreement.

“People should not rush to celebrate because the lengthening of the repayment period for the 110 billion euros was a given if the lender wanted to ensure that they would get their money back,” he said. “Furthermore, it guarantees that they will get their money back over a 7.5-year period at a very high interest rate.”


ekathimerini.com , Saturday March 12, 2011 (21:40)

***
Le posizioni, di cui avevamo già dato conto ieri, delle forze di opposizione.
La principale forza di opposizione di centro-destra, Nuova Democrazia, è sul binario Irlandese: insiste sulla rinegoziazione del Memorandum.
Abbiamo visto che il neo-premier Enda Kenny ha gia deragliato ....

Più sfumata e positiva quella del LAOS, sempre di centro destra.

A sinistra, sappiamo cosa pensano.

 

[tommy271]

Tax officials face jail for accepting even miniscule bribes

Up to 10 years in prison for anyone receiving more than 1 euro

Tax inspectors who accept even 1 euro in bribes will be jailed according to a stricter code of conduct that has been drawn up by the Finance Ministry.

A set of proposals tabled in Parliament as part of the latest bill on tax reforms includes a tougher set of penalties for both ordinary citizens as well as civil servants.

Under the proposed legislation, it would a felony for an employee of the Finance Ministry, which includes tax officials, to accept a bribe, even if it is just 1 euro. The jail sentences for such offenses will be up to 10 years.

Black market traders also face jail terms of between five and 20 years, according to the draft law.

The bill also paves the way for the Finance Ministry to establish teams of inspectors within each ministry to ensure that all the departments are keeping to the targets set by Greece’s loan agreement with the European Union and the International Monetary Fund.

ekathimerini.com , Saturday March 12, 2011 (23:15)

***
Il progetto di legge va giù pesante con gli evasori (e corrotti).
Altro che l'italico "manette agli evasori" .
Ricordo che la percentuale di evasione sul PIL (presunta) è attorno al 35%.
Solo recuperando questa, si sistemano i conti ... ma è impossibile, basterebbe però anche una piccola parte.

 

[tommy271]

PM sends condolences to Japanese premier




(ANA-MPA) -- Greek Prime Minister George Papandreou on Saturday conveyed his sincere condolences to Japanese counterpart Naoto Kan in the wake of Friday's massive earthquake and subsequent deadly tsunami, which struck northeast Japan.

"Greece, which in the past has suffered from similar natural disasters, fully understands the pain of the people struck by the earthquake, as well as the effort -- both emotionally and financially -- now needed to overcome such a disaster ... On behalf of the Greek government and in expressing the feelings of the Greek people, allow me to convey to you our solidarity," he said.

Meanwhile, a foreign ministry spokesman in Athens on Saturday announced that there has been no negative report dealing with the approximately 300 Greek nationals living in Japan.

(ana.gr)

***
Il terremoto in Giappone.

 

[tommy271]

ECB says bond buying program temporary-magazine



FRANKFURT, March 12 | Sat Mar 12, 2011 6:57am EST



FRANKFURT, March 12 (Reuters) - European Central Bank president Jean-Claude Trichet told German weekly magazine Der Spiegel that the bank's program of buying government bonds was temporary.
"We will not do this forever. This measure is, like all our extraordinary measures, temporary," he told Der Spiegel.
Figures released earlier this week showed the ECB bought no government bonds in the previous week.
The ECB began buying government bonds on the secondary market last May to counter the sovereign debt crisis which began in Greece, spread to Ireland and is now threatening Portugal.
Euro zone leaders agreed on Saturday to overhaul the single currency area's financial safety net, a move they hope will help draw a line under the sovereign debt crisis.

On Friday Trichet pleaded to extend the European Financial Stability Facility from 250 million euros to 440 million euros, the magazine said.
The ECB would consider making concessions to debtor countries if they implement austerity measures, and interest payments may be reduced, support measures extended and the duration of existing loans lengthened, the magazine said.
Trichet justified warning markets about possible rate hikes by telling Spiegel: "Price stability is according to the EU treaty our main priority."
Earlier this month Trichet said the ECB may hike rates next month, far earlier than markets had expected.

 

[giub]

La Grecia avrà tempo per rimborsare il prestito sino al 2020 con rate più leggere a partire dal 2014 (la "gobba", sul biennio 2013/2015, del peso delle scadenze ridiviene "sostenibile").

To help countries already benefitting from EU/IMF aid, the leaders agreed to lower the interest on loans to Greece by 100 basis points and to extend the maturities of the credit to 7.5 years from 3 years.

scusa Tommy, ma a me sembra di capire che la scadenza è stata portata a 7,5 anni dai 3, non che sono stati aggiunti 7,5 anni ai 3. Quindi sarebbe 2018 (fine 2017) e non 2020.

 

[tommy271]

scusa Tommy, ma a me sembra di capire che la scadenza è stata portata a 7,5 anni dai 3, non che sono stati aggiunti 7,5 anni ai 3. Quindi sarebbe 2018 (fine 2017) e non 2020.

Il rimborso del prestito dovrebbe iniziare, se non mi sbaglio, a partire dall'estate 2013.
Quindi sino al 2020.

 

[tommy271]

Analisi:

Key Market Movers This Week: Second Annual Spring EU Crisis, Ongoing Oil Price Fears - Seeking Alpha