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

[tommy271]

EU Juncker: 2nd Greek Bailout Amount Depends On Private Bks' Contribution



LUXEMBOURG -(Dow Jones)- It's now inevitable that Greece will get a second bailout package, although it won't be possible to specify its size until it's clear how much the private sector is willing to contribute, Jean-Claude Juncker, head of the group of euro-zone finance ministers, said Thursday.
"It's obvious that there will be a second program for Greece," Juncker told a press conference here. "I can't give you the exact figure because all depends on the volume that the involvment of the private sector will be able to rally."

 

[sethi]

Qatar Remains Committed To Invest In Greece



Qatar remains committed to the investment plan it announced last year for Greece, which could total as much as $5 billion, the country’s Prime Minister Sheikh Hamad Al-Thani said on Thursday during a press conference in Luxembourg, according to Dow Jones Newswires.

"We will fulfil the agreement which we did between us and Greece," Al-Thani said after he met Eurogroup President Jean-Claude Juncker, adding that a joint committee with officials from both countries is studying legal details on investments.

Al-Thani΄s commitment comes as Greece is attributing increasing importance to its privatization program to put its public finances back on track. The Troika estimated that privatization receipts could total €7.1 billion in 2011, according to the news agency.

(capital.gr)

***
Questi 5 MLD è da un anno che girano, senza trovare investimenti ...

so è vero manco fossero 50 mlrd di euro ....per un fondo di queste dimensioni questa cifra dovrebbe essere non dico irrisoria ma quantomeno poco rilevante...........è un pò la notizia di riserva che viene tirata fuori all'occorrenza

 

[tommy271]

so è vero manco fossero 50 mlrd di euro ....per un fondo di queste dimensioni questa cifra dovrebbe essere non dico irrisoria ma quantomeno poco rilevante...........è un pò la notizia di riserva che viene tirata fuori all'occorrenza

Dovrebbero essere investiti in infrastrutture, ma al momento mancano i progetti su cui investire.

 

[sethi]

Dovrebbero essere investiti in infrastrutture, ma al momento mancano i progetti su cui investire.

manca la fiducia e la liquidità dei governi per le infrastrutture e non solo nel mondo occidentale, infatti ho un etf infrastructure emerging market e sta patendo da un bel mese ad oggi ......le politiche restrittive pr contenere l'inflazione probabilmente stanno facendo stringere i cordoni della borsa anche nel lontano est........

 

[pluto]

spread oltre 1400; 100 bp in un giorno... se non ci mettono una toppa si slavina

 

[tommy271]

Papandreou’s Tourism Gains Threatened by Fresh Strikes

June 09, 2011, 8:16 AM EDT

By Natalie Weeks
(Adds figures from today’s strikes in second paragraph.)


June 9 (Bloomberg) -- Prime Minister George Papandreou’s attempts to draw tourists to Greece may be undermined by union calls for strikes against new government austerity measures.
Unions representing more than 3 million workers are planning walkouts this month as Papandreou shapes 78 billion euros ($114 billion) of budget cuts and state asset sales to meet European Union bailout requirements.
About 5,000 protesters, including power, postal and bank workers, marched through central Athens today carrying banners, one of which had a map of Greece with a red “Not For Sale” sign on it. Members of the PAME labor union took over the Finance Ministry offices in Athens on June 3 and 50,000 people protested two days later. A general strike is set for June 15.
“If we weren’t committed to a conference, we might not have come,” said Norm Hartwell, a 70-year old dermatologist from Christchurch, New Zealand, as he dragged his suitcase through central Athens during a five-hour subway walkout this week. “We were thinking there may be disruptions.”
The demonstrations come as Papandreou’s government is cutting the sales tax for hotels to make pricing more competitive, keeping tourist sites such as the Acropolis open later at night and marketing Greece on websites such as those of Facebook Inc., Expedia Inc. and Twitter Inc.
“Tourism has a central role in growth,” Papandreou said in Athens at the annual general meeting of the Association of Greek Tourism Enterprises, also known as SETE, May 4. “Maybe it sounds obvious, but all these years it wasn’t. Together we are proceeding with a revolution of the obvious.”


Tourism’s Share


Tourism accounts for about 16 percent of Greece’s gross domestic product, according to the London-based World Travel and Tourism Council. That’s four times as much as for Germany and twice the European Union average. The Greek economy will shrink 3.5 percent this year, after a 4.5 percent contraction last year, according to a European Commission forecast.
“As long as social tensions remain high, confidence is low and so tourism could be negatively affected from the strikes,” Giada Giani, an economist at Citigroup Inc in London, said by telephone. “The negative impacts are likely to be there.”
Tour operators, airlines and hotel owners do say there is revived interest in Greek holidays, a year after a wave of protests and violence deterred visitors. Political turmoil that started in Tunisia and spread to Egypt, Libya and Syria has helped send tourists back to Greece.


Not Tunisia


Marie Nury, who visited Greece from Grenoble, France, said she had considered going to Morocco or Tunisia but chose not to.
“People will come to Greece now,” she said in the Athens Backpacker Hotel. “This year the portrayal is that the crisis is a political problem and not one of the Greek people.”
People now are less tolerant of strikes and protests, said Loukas Tsoukalis, an economist at Athens University and head of research institute ELIAMEP.
“If you have been waiting for months for tourism to help you be in a better than your previous sorry state of affairs and 10 or 100 people are threatening that, then there may be reactions,” he said. “I think society is much less willing to tolerate that sort of thing this year.”
Tourism and Culture Minister Pavlos Yeroulanos said he was trying to lure Germans and Britons as well as draw visitors from new markets such as Israel, the Balkans, Ukraine and Russia.


Russian Visas


The government is working on simpler visa procedures for tourists from Ukraine and Russia and promoting Greece as “the safe destination it always was,” Yeroulanos said in an e-mailed response to questions on April 12.
“There is now a Russian market for the first time in the Cyclades,” said Kostas Dimitrokalis, who owns five hotels on the island of Santorini. He said his reservations are up as much as 11 percent in the first months of the year.
Tourism fell last year after three people died during a general strike on May 5. Anarchists rampaged through the city and set fire to buildings during protests before the 110 billion-euro EU-led bailout was agreed to on May 2, 2010.
“It took years for Athens to get a good reputation with the 2004 Olympic Games,” Giannis Retsos, president of the Hellenic Hotel Federation, said April 28. “Last year showed how this reputation can be destroyed in one day through one incident.”
Greece spent about 10 billion euros to build a metro, airport and tramway and to upgrade infrastructure in preparation for the Olympic Games.


Fewer Germans


Income from international tourism dropped 8 percent in 2010, according to SETE. German visitors, who made up 14 percent of total visitors in 2010, declined 14 percent to 2.4 million from the year earlier.
Unemployment was at a record 16 percent in March. Island regions, whose populations rely on tourist revenue, are outpacing the mainland. The jobless rate was 25 percent in the Ionian islands in the Adriatic Sea, which include Corfu and Zakinthos. The tourist sector employs one in five Greeks.
Papandreou in March pleaded with lawmakers in parliament to help keep the peace by not supporting any strike action.
“We need this year, if we really want to change the course of the country and see growth, to have the requisite calm for the tourism season to have positive results,” the premier said. “We can’t, like last year, portray an image of the country being torn to pieces by strikes and shut ports.”


Acropolis Hours


Government initiatives to draw visitors include a cut in the value-added tax rate for hotel stays to 6.5 percent from 11 percent as of Jan. 1. The government on May 19 extended museum hours: The Acropolis site, one of the most visited spots, is open year-round until 7 p.m daily, from 3 p.m. previously.
Early bookings show arrivals will rise about 10 percent this year and revenue by as much as 7 percent, the hotel federation’s Retsos said. Revenue from foreign visitors rose 4.7 percent in the first three months of the year, Alpha Bank SA said May 26, after a 2 percent decline in the same period last year. “Significant” increases were seen for April.
Piraeus Port Authority SA, the operator of Greece’s biggest harbor and the main link to the islands, slashed vessel docking fees in March and raised its forecast for passenger cruise ship arrivals this year. It was operating normally today, with all staff working, a coast guard spokesman said.
Dockworkers held a four-hour work stoppage on May 31 to oppose Papandreou’s plan to sell a stake in the port. The sale is part of 50 billion-euros in state asset sales to secure additional funding from the EU and IMF and help pay down the EU’s biggest debt load. Greece’s debt is expected to peak at 153.3 percent of GDP next year, according to an EU-IMF report.
Assets for sale include the two biggest ports, the Athens International Airport and stakes in the country’s phone, gambling and power companies. Papandreou has also announced 28 billion euros of spending cuts and revenue raising measures for the next five years as tax evasion undermines deficit-cutting.
“We weren’t affected at all” by any strikes or protests during a four-day cruise of Greek islands, dermatologist Hartwell said. In Athens, “the demonstration in the square was very peaceful and not threatening at all.”

 

[forzaroma]

Quanta confusione, i momenti di ottimismo (ormai rari!!!) vengono soffocati da notizie catastrofiche.
Mi chiedo perchè questa situazione è scoppiata di colpo negli ultimi quaranta giorni. Il mio bond (sic!!!) 2026 fino alla fine di aprile viaggiava intorno a 60, hanno regolarmente pagato la cedola il 22 marzo, poi il "diluvio". Possibile che non si rendevano conto che le casse erano vuote; mah, un mistero per i comuni mortali.
Altra cosa assurda ritengo sia quella di non far prevalere (sul mercato) il convincimento dei due numeri uno della BCE (uno uscente e l'altro entrante) che escludono categoricamente l'ipotesi ristrutturazione. Mi chiedo come farebbero poi a giustificare le loro affermazioni se avvenisse qualcosa di diverso, quale credibilità avrebbero loro e l'ente che rappresentano.
Ultima cosa: c'è qualcuno che conosce il "calendario" degli eventi (interni alla grecia ed internazionali) dei prossimi 20 giorni. Grazie

 

[tommy271]

Quanta confusione, i momenti di ottimismo (ormai rari!!!) vengono soffocati da notizie catastrofiche.
Mi chiedo perchè questa situazione è scoppiata di colpo negli ultimi quaranta giorni. Il mio bond (sic!!!) 2026 fino alla fine di aprile viaggiava intorno a 60, hanno regolarmente pagato la cedola il 22 marzo, poi il "diluvio". Possibile che non si rendevano conto che le casse erano vuote; mah, un mistero per i comuni mortali.
Altra cosa assurda ritengo sia quella di non far prevalere (sul mercato) il convincimento dei due numeri uno della BCE (uno uscente e l'altro entrante) che escludono categoricamente l'ipotesi ristrutturazione. Mi chiedo come farebbero poi a giustificare le loro affermazioni se avvenisse qualcosa di diverso, quale credibilità avrebbero loro e l'ente che rappresentano.
Ultima cosa: c'è qualcuno che conosce il "calendario" degli eventi (interni alla grecia ed internazionali) dei prossimi 20 giorni. Grazie

TIMELINE-Greece seeks more aid, domestic tension grows | Reuters

 

[tommy271]

I tredici giorni di Alessandro Fugnoli:

http://www.kairospartners.com/drupal/sites/default/files/newsletter/Tredici giorni-RN-09.06.11.pdf

 

[Nobody's]

Ore 14.30 1387,6 pb

ZONA EURO, BCE CONTINUA A VEDERE PRESSIONI AL RIALZO SU INFLAZIONE - TRICHET
Reuters - 09/06/2011 14:34:41

ORIENTAMENTO POLITICA MONETARIA ANCORA ACCOMODANTE, SERVE FORTE VIGILANZA - TRICHET
Reuters - 09/06/2011 14:34:41

BCE DETERMINATA A GARANTIRE ANCORAGGIO ASPETTATIVE INFLAZIONE - TRICHET
Reuters - 09/06/2011 14:34:41

BCE MANTERRA' TASSO FISSO E ASTE A RUBILNETTO PER FINANZIAMENTI SETTIMANALI ALMENO FINO A 11 OTTOBRE - TRICHET
Reuters - 09/06/2011 14:34:41

BCE MANTERRA' TASSO FISSO E ASTE A RUBINETTO PER FINANZIAMENTI A UNO E TRE MESI IN TRIM3 - TRICHET
Reuters - 09/06/2011 14:34:41

RECENTI DATI MACRO CONFERMANO TENDENZA DI FONDO POSITIVA ECONOMIA ZONA EURO, INCERTEZZA ELEVATA - TRICHET
Reuters - 09/06/2011 14:34:41

RISCHI SU PROSPETTIVE ECONOMIA SOSTANZIALMENTE BILANCIATI - TRICHET
Reuters - 09/06/2011 14:34:41

BCE, STAFF VEDE PIL ZONA EURO 2011 IN RANGE 1,5-2,3% DA 1,3-2,1% STIME MARZO, PIL 2012 IN RANGE 0,6-2,8% DA 0,8-2,8%
Reuters - 09/06/2011 14:40:39

TASSI INFLAZIONE DOVREBBERO RESTARE CHIARAMENTE OLTRE 2% IN PROSSIMI MESI - TRICHET
Reuters - 09/06/2011 14:34:41

CRUCIALE CHE INFLAZIONE ARMONIZZATA NON SI TRADUCA IN EFFETTI 'SECOND ROUND' - TRICHET
Reuters - 09/06/2011 14:34:41


BCE, STAFF VEDE INFLAZIONE ZONA EURO 2011 IN RANGE 2,5-2,7% DA 2,0-2,6% STIME MARZO
Reuters - 09/06/2011 14:40:39

BCE, STAFF VEDE INFLAZIONE 2012 IN RANGE 1,1-2,3% DA 1,0-2,4% MARZO
Reuters - 09/06/2011 14:40:39

RISCHI AL RIALZO SU INFLAZIONE DA COSTI ENERGIA, PRESSIONI INTERNE SUPERIORI AD ATTESE - TRICHET
Reuters - 09/06/2011 14:34:41

BANCHE DAL LIMITATO ACCESSO A FINANZIAMENTO MERCATI AUMENTINO CAPITALE, EFFICIENZA - TRICHET
Reuters - 09/06/2011 14:34:41

ANCORAGGIO ASPETTATIVE INFLAZIONE SIGNIFICA ANCORAGGIO STABILITA', FIDUCIA - TRICHET
Reuters - 09/06/2011 14:52:20

BANCHE DAL LIMITATO ACCESSO A FINANZIAMENTO MERCATI AUMENTINO CAPITALE, EFFICIENZA - TRICHET
Reuters - 09/06/2011 14:34:41

BCE INFLESSIBILE NELL'ASSICURARE STABILITA' PREZZI - TRICHET
Reuters - 09/06/2011 14:52:20

DECISIONE TASSI UNANIME, SIAMO IN SITUAZIONE IN CUI POTREBBE ESSERCI RIALZO IL MESE PROSSIMO MA NON CI IMPEGNIAMO A PRIORI - TRICHET
Reuters - 09/06/2011 14:52:20

BCE NON STA SEGNALANDO ALCUN RITMO RIALZO TASSI - TRICHET
Reuters - 09/06/2011 14:52:20

MISURE STANDARD SEPARATE DA PROVVEDIMENTI NON STANDARD - TRICHET
Reuters - 09/06/2011 14:52:20

ITALIA, EMISSIONE TITOLI INDICIZZATI IN 2011 POTREBBE SUPERARE I 14,8 MLD EURO DEL 2010 - RESPONSABILE DEBITO
Reuters - 09/06/2011 14:58:43

BCE NON E' FAVOREVOLE A RISTRUTTURAZIONE - TRICHET
Reuters - 09/06/2011 14:52:20

BCE NON HA COLLOQUI CON GOVERNO DI UN PAESE SPECIFICO - TRICHET
Reuters - 09/06/2011 14:52:20

BCE CHIEDE DI EVITARE QUALSIASI EVENTO DI CREDITO, DEFAULT SELETTIVO - TRICHET
Reuters - 09/06/2011 14:52:20

BCE SI ESCLUDE DA QUALSIASI SCENARIO NON SIA ESCLUSIVAMENTE VOLONTARIO - TRICHET

Reuters - 09/06/2011 14:52:20

A DOMANDA SU POSIZIONE BINI SMAGHI IN BOARD TRICHET RISPONDE CHE TUTTI CONSIGLIERI HANNO MANDATO 8 ANNI

Reuters - 09/06/2011 14:52:20

BCE NON HA DETTO CHE SOSTERREBBE 'ROLLOVER' VOLONTARIO - TRICHET
Reuters - 09/06/2011 14:52:20

BCE NON INTENDE FARE 'ROLLOVER' DEI TITOLI CHE HA IN PORTAFOGLIO - TRICHET
Reuters - 09/06/2011 14:52:20