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

[g.ln]

non raggiunti i minimi

Il mio ptf ha raggiunto quasi i minimi del 27 aprile. La notizia Moody's che un eventuale default greco metterebbe sotto pressione l'Italia, aiuta la politica a trovare una soluzione, che sarà trovata .
Ciao, Giuseppe

Per un pelo non sono stati raggiunti i minimi del 27/28 aprile. Piccolissimo recupero del ptf, meglio non fiatare per scaramanzia......
Buona serata agli amici. Giuseppe

 

[tommy271]

Borsa Atene: Ase chiude a +0,1%, Hellenic Postbank a +5%



MILANO (MF-DJ)--L'indice Ase della Borsa di Atene termina una seduta dai volumi deboli (78,88 mln euro) in rialzo dello 0,1% a quota 1281,72 punti.
Il mercato greco cancella i guadagni registrati nella maggior parte della seduta dopo la bocciatura da parte dell'opposizione del piano di austerita' e del pacchetto di privatizzazioni del governo.
Hellenic Postbank e Hellenic Telecoms, che saranno privatizzate entrambe quest'anno, guadagnano rispettivamente il 5% e il 4,3%.

 

[g.ln]

Sui minimi mi riferivo al mix italiano-greco del mio ptf. Sui singoli titoli greci vedo che tra ieri e oggi ci sono nuovi minimi.
Ciao, Giuseppe

 

[g.ln]

consenso sulle privatizzazioni

Il programma di austerity di medio termine dovrebbe, secondo i dettagli, andare avanti fino al 2015, dunque proseguire nei due anni successivi alla scadenza del mandato del governo attuale. Ma non c'è stato nulla da fare. Antonis Samaras, responsabile del principale partito di opposizione al governo - il partito conservatore - che gli inizi del mese aveva chiesto l'inizio di una rinegoziazione per un piano di salvataggio della Grecia, ha risposto che tutto quanto sta facendo e proponendo il governo è sbagliato. A parte, ha precisato, la parte delle privatizzazioni.

Sulle privatizzazioni vi è dunque consenso! Meglio di niente!
Ciao, Giuseppe

 

[tommy271]

Political Dispute Trims ASE΄s Intraday Profits



The board of the Athens Stock Exchange reflects the market’s major concern, as the trading activity began with an enthusiastic upward reaction, with profits of 2.83% and 5.60% for the General Index and the banks, following four consecutive sessions and Greek government’s announcement to speed up privatizations.

Hellenic Postbank was on the leading role, with intraday profits of 15.66%. while the upward trends pushed the rest of the banking shares, as the sale of state participation in Hellenic Postbank is interpreted as the trigger for the long-awaited and much-talked consolidation in the banking sector.

Despite the reaction triggered by the government’s announcement in securities directly involved with the privatization program, the market is concerned by the new tax measures and their impact on domestic demand, according to analysts. The concern is intensified by the fact that a large amount of measures should be specified or even extended in the near future.

They also note that a part of concern is attributed to the political developments and whether the country will be able to meet the international lenders’ expectations for a national consensus. Market analysts also add that the market retreated from earlier gains after Greece΄s main opposition party rejected the government΄s latest austerity and privatization package.

"The statement by [opposition leader Antonis] Samaras saying he would not support the measures hit the market," a local analyst told Dow Jones Newswires. "But we also saw some late profit-taking, the same pattern as in the previous few sessions, which also dampened the earlier rally."

Given the prolonged period of weakness and negative sentiment, volatility is expected to dominate the market in the coming sessions.

Across the board, the General Index ended with marginal profits of 0.13%, at 1,281.72 units, moving in positive territory throughout the trading session. Approximately asdfa million units worth €78.88 million were traded on Tuesday, while a total amount of 71 shares rose, 59 declined and 52 remained unchanged.

Banks moved upwards by 0.91%, at 946.07 units. Hellenic Postbank gained 4.98%, while Bank of Cyprus and ATEbank rose by 3.33% and 2.08% respectively. Eurobank and National Bank posted profits of 1.26% and 0.66% respectively.

On the other hand, Alpha Bank declined by 1.80%, while Marfin Popular and Piraeus Bank remained unchanged.

(capital.gr)

 

[tommy271]

Slovak PM: Euro Zone Must Prevent Debt Crisis From Worsening



PARIS (Dow Jones)--The euro zone should rein in the debt crisis and make sure it doesn't turn into a generalized cash shortage, Slovak Prime Minister Iveta Radicova said Tuesday.
"I don't want to sound too pessimistic, but these days we have to do everything possible in the euro zone in relation to the debt crisis to avoid a situation causing not just the lack of trust but also the lack of cash," Radicova told a panel at the Organization of Economic Cooperation and Development.
Against the advice of the European Central Bank and of prominent euro zone members, including France, Slovakia has backed a restructuring of Greek debt, arguing it would help the debt-laden country to regain its economic competitiveness.
Slovakia refused to participate in the bailout for Greece in 2010, and Radicova said she stuck to her past position, and argued that resolving Greece's financial problems should include a debt restructuring.
In May last year, Greece narrowly avoided default with the help of a EUR110 billion bailout from its fellow euro-zone members and the International Monetary Fund in exchange for promises to cut its budget deficit and reform its economy.
Then, faced with prohibitively high borrowing costs on international markets, Greece is pushing for a further EUR60 billion loan from its European partners and the IMF to cover its financing needs for the next two years, when the money from its original loan deal runs out.



***
Agli slovacchi non gli compro neanche un bond ... non li prendo neanche aggratiss .

 

[tommy271]

TIMELINE-Greece seeks new tranche from 110 billion euros loan






Tue May 24, 2011 11:08am EDT



May 24 (Reuters) - Greek Prime Minister George Papandreou sought but failed to get consensus from opposition leaders on Tuesday on a new set of austerity measures aimed at averting default.

On Monday, Greece unveiled a series of privatisations, part of a goal to raise 50 billion euros by 2015 to pay down its debt mountain as Greece tries to secure the next tranche of a 110 billion euros EU/IMF bailout.
Here is a short timeline of events to come in Greek efforts to secure the loan:
* MONDAY MAY 23:
-- Greece announces a timetable of planned asset sales on Monday, as part of a drive to raise 50 billion euros ($70 billion) by 2015.

* TUESDAY, MAY 24:
-- Papandreou holds separate meetings with Greek political leaders, at Maximos Mansion.
-- Greece's industrialists union SEV holds its annual meeting, at the Athens Megaron Concert Hall. Papandreou will address the meeting. Finance Minister George Papaconstantinou and SEV chairman Dimitris Daskalopoulos to deliver keynote speeches.
* WEDNESDAY, MAY 25:
-- President Karolos Papoulias meets Papandreou at the Presidential Hall.
* FRIDAY, May 27:
-- April producer price inflation.
* FRIDAY JUNE 3:
-- Debt agency sets amount of 6-month t-bills to be auctioned June 7.
* SATURDAY, JUNE 4:
-- Public sector union ADEDY holds a rally to protest the new austerity measures announced by the government, at Klathmonos square.
-- ADEDY also says it will stage a 24-hour strike later in June to protest against the government's new package of austerity measures and planned privatisations.
* MONDAY, JUNE 20:
-- Eurogroup meeting of euro zone finance ministers and Ecofin meeting of EU finance ministers in Luxembourg
* THURSDAY, June 24:
-- Summit of EU heads of state and government in Brussels.

* NO SPECIFIC DATES:
-- EU/ECB/IMF inspectors in Athens, on ongoing visit, to assess whether Greece can get a fifth tranche in June from a 110 billion euro bailout.
-- The government says it will submit the mid-term fiscal plan to parliament, in early June.



***
L'agenda dei prossimi giorni.

 

[tommy271]

La Grecia dovrebbe imparare la lezione brasiliana:

Heard on the Street: Greece Should Heed Brazilian Lesson - WSJ.com

(...)
Greece is severely hampered by its government's lack of credibility. But the latest announcements are encouraging. Athens already has reduced its primary deficit to 4.9% from 10.3%, a major shift, and is planning a further fiscal squeeze. It also is accelerating privatization; it has state assets of over 100% of GDP, according to International Monetary Fund estimates.
(...)

 

[Baro]

Finanza Repubblica.it

Qui Samaras è contrario anche alle privatizzazioni......

 

[tommy271]

Greece must reform more to get aid - Dutch FinMin






BERLIN | Tue May 24, 2011 11:02am EDT

BERLIN May 24 (Reuters) - Greece must reform, save and privatise more before it can receive further financial aid, Dutch Finance Minister Jan Kees de Jager said on Tuesday.
"For the sake of the euro and also for its own sake, Greece needs to cut its spending more, carry out more economic reforms and privatise a very large portion of its state-owned companies," De Jager said in a speech in Berlin. "Insufficient action could unleash a chain reaction in the euro zone, which is only now gradually recovering from the financial crisis," he said.