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

[stefmas]

Un pò di populismo non guasta ... .

Comunque, stando a quanto si legge, verso la fine della settimana dovrebbe uscire il "documento sulla sostenibilità del debito greco.
Lunedì 6 ci dovrebbe essere la riunione straordinaria dell'Eurogruppo.
Tutto sembrerebbe andare per il verso giusto: aiuti alla grecia in cambio di privatizzazioni e "sorveglianza stretta".

Mi riferiscono un rumors che potrebbe avere un impatto fortemente positivo sul MOT: Shark ha dimezzato l'esposizione in Grecia .

Stavo quasi epr fare all in dopo aver letto la notizia poi ho preferito aspettare che liquidasse in perdita anche l'ultima tranche

 

[tommy271]

Profits rise in Q1 despite economic gloom




Cost cutting efforts by Greece’s listed companies helped offset plunging private consumption and record low business sentiment in the first quarter of the year, sending earnings more than 15 percent higher.
Figures from brokers showed that 77 companies listed on the Athens bourse, which make up 80 percent of the market’s total capitalisation, collectively reported a 15.7 percent year-on-year hike in net earnings to 775.8 million euros.
Job cuts, the merger of subsidiaries and loan refinancing were among the key tools adopted by Greek companies as a means of getting through the recession, currently in its third year.
On a revenue level, the 77 companies reported a 5.4 percent increase for the January to March period to 13.2 billion euros.
Forty nine companies reported a profit for the quarter while 28 were in the red.
The first quarter reporting season wraps up on Tuesday.






ekathimerini.com , Monday May 30, 2011 (15:06)

 

[LUP1051]

Grecia in quasi default privatizza: e' lo stesso film dell'Italia nel '92

Ancora non ho ben capito: Il via al piano di privatizzazioni dei greci............, è un bene o meno.

Grecia in quasi default privatizza: e' lo stesso film dell'Italia nel '92

La Grecia ha dato il via al piano di privatizzazioni e i greci perderanno la proprietà di tanti beni dello Stato. La pressione martellante della speculazione finanziaria sui tassi del debito di Atene, fatti salire a livelli insostenibili, ha convinto il premier socialista George Papandreu di non avere alternative. Anche perché l'Ue ha condizionato la concessione di nuovi aiuti del fondo salva-Stati dell'Eurozona proprio alle privatizzazioni.

L'obiettivo è di incassare 50 miliardi di euro e di usarli per ridurre il debito pubblico di circa il 20%. Ma la quasi insolvenza della Grecia non sembra favorire le vendite al miglior prezzo e si prevedono rischi di svendite. Sembra di rivedere un film già visto in Italia, che generò seri dubbi sulla possibilità di ridurre strutturalmente il debito pubblico con gli introiti una tantum delle privatizzazioni.

Da wall street Italia.

 

[tommy271]

ECB's Coene: Market Intervention Restoring Stability In Greece



BRUSSELS (Dow Jones)--European Central Bank lending to banks in Greece is part of its normal business and therefore doesn't expand the bank's balance sheet, governing council member Luc Coene said Monday.
"As part of our normal open market operations a standard haircut will apply on the market value," Coene said when asked about Greek bank exposure by a bank shareholder. "It's not unusual for financial institutions in countries in this kind of situation to ask for additional credit."
He said that while there is an additional risk in countries affected by the euro-zone sovereign debt crisis, the participation of the International Monetary Fund and the European Commission limits that risk.
"We are in no way conducting a bailout," Coene added. "That's what the EU mechanism is for... Our role is to intervene to ensure liquidity supply."

 

[tommy271]

Cyprus Greek Bank Deposits Drop 5.9% in 2011, Central Banks Says

By Stelios Orphanides - May 30, 2011 2:36 PM GMT+0200 Mon May 30 12:36:03 GMT 2011

Deposits at Greek banks in Cyprus fell 5.9 percent to 8 billion euros ($11.4 billion) in the first four months of the year, the Central Bank of Cyprus said.
Deposits at all banks rose 1.2 percent in the same period to 70.8 billion euros, the central bank said in a statement on its website today.
The drop in deposits at Greek banks was mainly the result of a 10 percent decrease in deposits at National Bank of Greece (Cyprus) Ltd., a unit of Greece’s largest lender, to less than 1 billion euros, and a 6.9 percent decline at Alpha Bank Cyprus Ltd. to 3.3 billion euros, the central bank reported.
Deposits at Eurobank EFG Cyprus Ltd. fell 3.2 percent to 2.4 billion euros and at Piraeus Bank (Cyprus) Ltd. 1.3 percent to 1 billion euros. Deposits at Emporiki Bank-Cyprus Ltd. fell 14 percent to 315.8 million euros.
Deposits at Greek banks on the island last year rose 30 percent as Greek depositors transferred money to Cyprus on concerns Greece would default, restructure its debt or abandon the euro and impose restrictions on capital flows.



(Bloomberg)

 

[Nobody's]

BCE continua a sterilizzare senza acquisti....unhhh!!!

 

[Nobody's]

frmaoro è in ferie che non lo sento in giro?

 

[tommy271]

Greek Aid Deal To Include Foreign Oversight, Voluntary Debt Deal



ATHENS (Dow Jones)--A new aid deal for Greece will include unprecedented outside involvement in the country΄s tax collection system and privatization plans, a report said Monday, as well as incentives for private creditors to ease Greece΄s debt burden on a voluntary basis.

Without citing sources, the Financial Times newspaper reports that nearly half of Greece΄s EUR60 billion to EUR70 billion in financing needs for the next two years could be covered by asset sales and by changing the repayment terms for private debt holders.

In May last year, Greece narrowly avoided default with the help of a joint EUR110 billion bailout from its fellow euro-zone members and the International Monetary Fund.

Despite cutting the budget deficit by about a third, to 10.5% of gross domestic product last year, tax collections have lagged behind targets and Greece has yet to proceed with a single privatization to cut its giant debt burden. Greece is now seeking further aid to cover borrowing needs for 2012 and 2013.

A visiting troika of European Union, IMF and European Central Bank officials are now in Athens to see whether Greece has made enough progress in its reform drive to receive a fifth disbursement of its original EUR110 billion loan.

At the same time, the Greek government is expected to soon detail EUR28 billion in new austerity measures for the next five years, as well as commitments to jumpstart its ambitious EUR50 billion privatization drive.

Those new measures are expected to be announced after consultations with the troika conclude, and are seen as critical for Greece to receive further aid from its European partners and the IMF.

In a statement Sunday, Greece΄s finance ministry said the troika visit was proceeding "satisfactorily" and would conclude within "the next few days."

However, neither the Greek finance ministry nor the ECB would comment on the FT report Monday, while IMF officials couldn΄t be immediately reached for comment.

Local media say the talks may finish by Friday, suggesting that the new measures will ready by early the following week, and may be presented to other European finance ministers as soon as June 6.

 

[tommy271]

Nel pomeriggio gli spread sono stati tendenzialmente in recupero tecnico: ora a 1382 pb. dopo aver allargato in giornata.

 

[tommy271]

Bce, no acquisto bond settimana scorsa, domani drenaggio 75 mld

lunedì 30 maggio 2011 15:41



FRANCOFORTE, 30 maggio (Reuters) - Per la nona settimana consecutiva la Bce non ha effettuato alcun acquisto di obbligazioni della zona euro sul mercato secondario nell'ultima settimana ECB35.
Lo ha annunciato Francoforte aggiungendo che si terrà domani l'ormai consueta operazione di drenaggio fondi a una settimana, al tasso massimo dell'1,25%, finalizzata a sterlizzare la liquidità in eccesso generata dal programma di acquisto di titoli di Stato.
La cifra che l'istituto centrale vuole assorbire è stata comunicata in 75 miliardi di euro, identica all'importo di 75 miliardi di fondi che rientrano dal drenaggio di martedì scorso.
L'operazione ha regolamento su mercoledì 1 giugno e rientro sull'otto giugno.