Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1
- Creatore Discussione Imark
- Data di Inizio
- Stato
TORO2002
Nuovo forumer
Buongiorno a tutti, sono nuovo del Forum e faccio i complimenti a tutti gli utenti per la passione con cui seguono e scrivono oltre che dare suggerimenti.
Concordo pienamente su quanto dichiarato da Bini. Un po di chiarezza per piacere.
Cmq sono fiducioso che almeno fino alle scadenze 2013 non dovrebbero esserci problemi. Con altri 60.000 miliardi di prestiti e una fiscalità severa la grecia c'e' la puo' fare. E' Tutta una questione politica. saluti
tommy271
Forumer storico
ECB’s Stark blasts ‘vested interests’ in US, UK over EU debt crisis
By Associated Press, Updated: Wednesday, May 18, 10:37 AM
LAGONISI, Greece — The European Central Bank’s chief economist said a Greek debt restructuring would be a “recipe for catastrophe” as he criticized “vested interests” in Britain and the United States for ongoing market skepticism over the country’s efforts to get a grip on its public finances.
Juergen Stark told a financial conference in Greece Wednesday that the struggling eurozone country’s “debt sustainability is insured” if it fully complies with its internationally monitored austerity program.
Asked about the markets’ hostility to Greek efforts, Stark said: “This is not the view of all market participants, to be very clear. This is a discussion triggered from London and New York. I don’t know what is behind it — vested interests, people topping their books and so on. So it’s more complicated than just (saying) what markets expect.”
Greece’s Socialist government was told by the European Union this week to take urgent measures to keep its austerity program on target, as part of its commitments for the €110 billion ($156 billion) package of bailout loans it is receiving from EU countries and the International Monetary Fund.
The country remains frozen out of bond markets by sky-higher interest rates as investors fret that Greece may eventually have to restructure its debt, which set to top 150 percent of gross domestic product this year.
Stark said the restructuring option had not been properly thought through.
“Debt restructuring would wipe out part or all capital of Greek banks,” he said. “So it would be a recipe for catastrophe.”
He urged Greece to “double its effort” to speed up structural reforms that critics say have been stagnating.
“If the (EU-IMF) program is implemented one-to-one — I’m very clear — then debt sustainability is insured,” he said. “And Greece is solvent. This is an important message.”
***
Ancora sulle dichiarazioni di oggi di Stark.
La posizione della BCE mi sembra abbastanza chiara ...
By Associated Press, Updated: Wednesday, May 18, 10:37 AM
LAGONISI, Greece — The European Central Bank’s chief economist said a Greek debt restructuring would be a “recipe for catastrophe” as he criticized “vested interests” in Britain and the United States for ongoing market skepticism over the country’s efforts to get a grip on its public finances.
Juergen Stark told a financial conference in Greece Wednesday that the struggling eurozone country’s “debt sustainability is insured” if it fully complies with its internationally monitored austerity program.
Asked about the markets’ hostility to Greek efforts, Stark said: “This is not the view of all market participants, to be very clear. This is a discussion triggered from London and New York. I don’t know what is behind it — vested interests, people topping their books and so on. So it’s more complicated than just (saying) what markets expect.”
Greece’s Socialist government was told by the European Union this week to take urgent measures to keep its austerity program on target, as part of its commitments for the €110 billion ($156 billion) package of bailout loans it is receiving from EU countries and the International Monetary Fund.
The country remains frozen out of bond markets by sky-higher interest rates as investors fret that Greece may eventually have to restructure its debt, which set to top 150 percent of gross domestic product this year.
Stark said the restructuring option had not been properly thought through.
“Debt restructuring would wipe out part or all capital of Greek banks,” he said. “So it would be a recipe for catastrophe.”
He urged Greece to “double its effort” to speed up structural reforms that critics say have been stagnating.
“If the (EU-IMF) program is implemented one-to-one — I’m very clear — then debt sustainability is insured,” he said. “And Greece is solvent. This is an important message.”
***
Ancora sulle dichiarazioni di oggi di Stark.
La posizione della BCE mi sembra abbastanza chiara ...
Ultima modifica:
tommy271
Forumer storico
TORO2002
Nuovo forumer
tommy271
Forumer storico
Meeting on privatisations
ANA-MPA/A meeting on Tuesdayat the finance ministry, chaired by Finance Minister George Papaconstantinou, focused on privatisations and the utilisation of the state's real estate.
Papaconstantinou convened the meeting upon his return from Brussels, where he participated in the Eurogroup and Ecofin councils.ana-mpa
There must be decisions between the government and the troika on the full specialisation of the measures of the Medium-term Fiscal Strategy Framework 2012-2015 (that includes interventions amounting to 26 billion euros), a programme for privatisations and the utilisation of state property amounting to 50 billion euros and additional measures required for the current year.
(ana.gr)
ANA-MPA/A meeting on Tuesdayat the finance ministry, chaired by Finance Minister George Papaconstantinou, focused on privatisations and the utilisation of the state's real estate.
Papaconstantinou convened the meeting upon his return from Brussels, where he participated in the Eurogroup and Ecofin councils.ana-mpa
There must be decisions between the government and the troika on the full specialisation of the measures of the Medium-term Fiscal Strategy Framework 2012-2015 (that includes interventions amounting to 26 billion euros), a programme for privatisations and the utilisation of state property amounting to 50 billion euros and additional measures required for the current year.
(ana.gr)
tommy271
Forumer storico
I TITOLI DEI GIORNALI:
The Eurogroup's demand for political parties' consensus in order to offer new loan, and the developments in government's deliberations with the Troika, mostly dominated the headlines on Wednesday in Athens' newspapers.
ADESMEFTOS TYPOS: "New pogrom against civil servants..."
AVGHI: "Government being dragged to early general elections".
AVRIANI: "Antonis (Samaras, main opposition New Democracy leader) be careful, do not commit (political) suicide".
ELEFTHEROTYPIA: "The four-year devastation plan".
ELEFTHEROS TYPOS: "Samaras' 'no' to Brussels' blackmail".
ESTIA: "The government is inadequate".
ETHNOS: "The list of state hospitals to be merged".
IMERISSIA: "Troika's three conditions: Supervisors, privatisations and lay-offs".
KATHIMERINI: "Eurogroup president Jean Claude Juncker's bomb on the debt".
NAFTEMPORIKI: "Restructure proposal and demand for consensus".
RIZOSPASTIS: "An anti-popular consensus is underway to save the plutocracy from the crisis'.
TA NEA: "Eurogames with the consensus".
VRADYNI: Workers Housing Organisation (OEK) freeze on loans.
(ana.gr)
The Eurogroup's demand for political parties' consensus in order to offer new loan, and the developments in government's deliberations with the Troika, mostly dominated the headlines on Wednesday in Athens' newspapers.
ADESMEFTOS TYPOS: "New pogrom against civil servants..."
AVGHI: "Government being dragged to early general elections".
AVRIANI: "Antonis (Samaras, main opposition New Democracy leader) be careful, do not commit (political) suicide".
ELEFTHEROTYPIA: "The four-year devastation plan".
ELEFTHEROS TYPOS: "Samaras' 'no' to Brussels' blackmail".
ESTIA: "The government is inadequate".
ETHNOS: "The list of state hospitals to be merged".
IMERISSIA: "Troika's three conditions: Supervisors, privatisations and lay-offs".
KATHIMERINI: "Eurogroup president Jean Claude Juncker's bomb on the debt".
NAFTEMPORIKI: "Restructure proposal and demand for consensus".
RIZOSPASTIS: "An anti-popular consensus is underway to save the plutocracy from the crisis'.
TA NEA: "Eurogames with the consensus".
VRADYNI: Workers Housing Organisation (OEK) freeze on loans.
(ana.gr)
tommy271
Forumer storico
Tourist arrivals up
ANA-MPA/Tourist arrivals in Greece are showing a positive trend, according to temporary data publicised on Tuesday by the Federation of Greek Tourist Enterprises and come from the country's airports and now Greek tourism is heading for a double-digit figure of arrivals throughout the entire year.ana-mpa
During the January-April period the arrivals of foreign tourists increased by 5.6 percent compared to the bad 2010, amounting to 1,147,555 tourists. However, the increase taking place in the month of April for all over the country is impressive, achieving 24.04 percent, a fact meaning that about half the tourists in the first months of 2011 arrived in April (541,974).
(ana.gr)
***
Turisti in arrivo ...
ANA-MPA/Tourist arrivals in Greece are showing a positive trend, according to temporary data publicised on Tuesday by the Federation of Greek Tourist Enterprises and come from the country's airports and now Greek tourism is heading for a double-digit figure of arrivals throughout the entire year.ana-mpa
During the January-April period the arrivals of foreign tourists increased by 5.6 percent compared to the bad 2010, amounting to 1,147,555 tourists. However, the increase taking place in the month of April for all over the country is impressive, achieving 24.04 percent, a fact meaning that about half the tourists in the first months of 2011 arrived in April (541,974).
(ana.gr)
***
Turisti in arrivo ...
tommy271
Forumer storico
EU Barroso: Debt Restructuring No Alterative To Tough Reforms
BRUSSELS (Dow Jones)--Euro-zone members in receipt of bailout funds should face the realities of pushing through unpopular economic reforms as adjusting the country's debt structure is not an option, EU Commission President Jose Manuel Barroso said Wednesday.
"Debt restructuring could never be an alternative to the admittedly painful reforms that need to be implemented," Barroso said at the Brussels Economic Forum. "I would like to emphasise that for the member state undertaking such a program, such adjustment is necessarily painful."
EU finance ministers gathered here for the last two days, where they unanimously approved a EUR78 billion bailout package for Portugal--and also dismissed the option of debt restructuring for Greece. Still, Eurogroup chairman Jean-Claude Juncker mentioned "reprofiling", which is a voluntary extension of loan maturities, as a possible option, should Greece consistently fail to improve its fiscal position through budget measures. Barroso stressed the country must stay the course, stressing the importance of "consistency."
"To those who serve out the implementation of existing programs, it doesn't help to come every day with new ideas," Barroso said. "Assistance is given subject to implementation of a strict conditionality program by the member state concerned."
The head of the EU's executive arm added that proposals to reform the bloc's economic governance rule should be approved by the EU Parliament and member states when they meet here next month, noting that it would be important to enforce them properly.
"We've now learned, the hard way, that excessive deficits in one member state can damage the euro zone and Europe as a whole," he said.
BRUSSELS (Dow Jones)--Euro-zone members in receipt of bailout funds should face the realities of pushing through unpopular economic reforms as adjusting the country's debt structure is not an option, EU Commission President Jose Manuel Barroso said Wednesday.
"Debt restructuring could never be an alternative to the admittedly painful reforms that need to be implemented," Barroso said at the Brussels Economic Forum. "I would like to emphasise that for the member state undertaking such a program, such adjustment is necessarily painful."
EU finance ministers gathered here for the last two days, where they unanimously approved a EUR78 billion bailout package for Portugal--and also dismissed the option of debt restructuring for Greece. Still, Eurogroup chairman Jean-Claude Juncker mentioned "reprofiling", which is a voluntary extension of loan maturities, as a possible option, should Greece consistently fail to improve its fiscal position through budget measures. Barroso stressed the country must stay the course, stressing the importance of "consistency."
"To those who serve out the implementation of existing programs, it doesn't help to come every day with new ideas," Barroso said. "Assistance is given subject to implementation of a strict conditionality program by the member state concerned."
The head of the EU's executive arm added that proposals to reform the bloc's economic governance rule should be approved by the EU Parliament and member states when they meet here next month, noting that it would be important to enforce them properly.
"We've now learned, the hard way, that excessive deficits in one member state can damage the euro zone and Europe as a whole," he said.
- Stato
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