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

[tommy271]

L'obiettivo di Venizelos è di recuperare la credibilità.
Saranno tre i pilastri - riferisce il Kathimerini - su cui ci si muoverà per uscire dalla crisi: privatizzazioni, partecipazione degli investitori privati nel solco della "soluzione di Vienna", nuovo prestito da parte UE.
La Grecia ha risposto con una serie di nuove misure economiche che il ministro Venizelos sta elencando una ad una in questi minuti.

 

[tommy271]

Greece Warned Bailout Will Stop If Austerity Program Not Implemented-Sources



-- Greece warned bailout will stop if austerity program not implemented-Sources
-- EU/IMF loan for Greece depends on bond rollovers, privatizations-Sources
-- New Greek bailout facility likely until mid-2014 - Sources
-- Greek total financing needs to mid-2014 around EUR138 billion-Sources
-- New bailout for Greece around EUR70 billion from EU/IMF, rollovers -Sources
-- Biggest challenge for Greece is carrying out privatizations -Sources

By Costas Paris
Of DOW JONES NEWSWIRES
BRUSSELS (Dow Jones)--The next bailout package for Greece would impose strict measures that include the withdrawal of funds if Athens fails to completely implement reforms or keep up the pace of state-asset sales, two people familiar with the matter said Thursday.
The European Union and the International Monetary Fund are working to put together a new rescue package for Greece that would include a mixture of new loans from the EU and the IMF and a voluntary agreement from private investors to extend or roll over their Greek bond holdings.
"This time around the conditions will be very strict, with a warning that unless Greece delivers what it has promised in cost cutting and privatizations the money flow will simply stop," one person with direct knowledge of the talks told Dow Jones.
No agreements have been reached ahead of the meeting of European government heads in Brussels Thursday and Friday. European officials have pointed to a gathering of euro-zone finance ministers on July 3 as the day when terms of a draft agreement will be set to paper. Until then, say people involved in the talks, particularly the scope and methodology of private-sector burden sharing will have to be ironed out.
One of these officials said the new deal would probably be designed to cover Greece's financing needs until mid-2014. The actual breakdown of the deal remains fluid, this person said.
As of early Thursday, the envisioned additional aid totals up to EUR70 billion, of which governments hope EUR30 billion will come from banks voluntarily rolling over their Greek loans. The government portion of that total would depend on the amounts generated by the rollovers, the people said.
On top of that projected EUR70 billion from the EU/IMF and banks would come a Greek contribution of EUR30 billion from accelerated asset sales. Greece also still is set to receive EU/IMF loans totaling EUR45 billion from the earlier EUR110 billion bailout agreement set in May 2010.
Wrapped together, the four components of the package would more than cover Greece's funding needs of an estimated EUR138 billion until the middle of 2014.
Greece has been warned that unless it strictly implements an agreed EUR28 billion austerity package through 2015, the financing from its creditors will stop.
Greek Prime Minister George Papandreou was meeting Thursday before the EU Summit with French President Nicolas Sarkozy and German Chancellor Angela Merkel to assure them that the Greek parliament will pass those new measures into law next week and that their implementation is assured.
But people familiar with the negotiations say the accelerated sales of state properties could be the hardest task Athens faces.
"It actually amounts to one major privatization every 15 days or so. The Greeks are asking for some elasticity because even if all the preliminary work is done, who will come and invest in a country which is at the brink of default in such a big way?" the second person said.
To calm nervous markets, euro-zone finance ministers unsuccessfully attempted at the Sunday Eurogroup meeting in Luxembourg to come up with a statement indicating their willingness to release a EUR12 billion tranche from the previous loan and also to state that they are working on a new bailout package.

 

[tommy271]

Contributo a più livelli di solidarietà tra l'1% al 5% del reddito, quota minima per l'esercizio del libero scambio o professionale, aumento delle tasse piccolo per l'olio da riscaldamento e la perequazione dell'imposta sul gasolio e carburante per le imprese e il 10% delle imposte sui redditi annuale di 8.000 -12.000 €, sono alcune tra le misure annunciate dal ministro delle finanze Evangelos Venizelos.

Ο κ. Βενιζέλος διευκρίνισε ότι ο φόρος στο πετρέλαιο θέρμανσης είναι 60 ευρώ το χιλίολιτρο.​

Il signor Venizelos ha dichiarato che la tassa sul gasolio è di 60 per millilitro.

Η εισφορά αλληλεγγύης θα ανέρχεται σε 1% για εισοδήματα από 12.000 έως 20.000 ευρώ, σε 2% για εισοδήματα από 20.001 έως 50.000, 3% για εισοδήματα από 50.001 έως 100.000, 4% για εισοδήματα από 100.001 και πάνω και 5% για τα εισοδήματα των βουλευτών, των αιρετών της τοπικής αυτοδιοίκησης και των μετακλητών στελεχών.​

Il contributo di solidarietà ammonterà a 1% per i redditi da 12.000 a 20.000 euro, 2% per i redditi da 20.001 a 50.000, il 3% sul reddito da 50.001 a 100.000, il 4% per i redditi oltre 100.001 e il 5% per i redditi i membri eletti del governo locale e revocabile.

Από τον φόρο 10% στη ζώνη των εισοδημάτων από 8.000-12.000 ευρώ εξαιρούνται οι νέοι έως 30 ετών, οι συνταξιούχοι άνω των 65 που το εισόδημά τους είναι μέχρι 12.000 και όλα τα άτομα με αναπηρία.​

Dell'imposta del 10% sul reddito della band 8000-12000 euro esclusi i giovani fino a 30 anni, pensionati oltre 65 anni il cui reddito fino a 12.000 e tutte le persone con disabilità.

Σε ό,τι αφορά το ελάχιστο τέλος άσκησης επιτηδεύματος ή ελεύθερου επαγγέλματος θα ανέρχεται σε 300 ευρώ το χρόνο μεσοσταθμικά, μη συμψηφιζόμενο με τη φορολογική υποχρέωση και θα επιβάλλεται μετά τα πέντε χρόνια άσκησης επαγγέλματος.​

Per quanto riguarda la tariffa minima per l'esercizio del libero commercio o professione sarà pari a 300 all'anno media ponderata, non compensato l'obbligo fiscale sarà imposto dopo cinque anni di pratica.

Ο υπουργός Οικονομικών ανακοίνωσε ακόμη ότι θα υπάρξει μείωση δαπανών στο Δημόσιο κατά 400 εκατ. ευρώ για το 2011.​

Il ministro delle Finanze ha anche annunciato che ci sarà una riduzione della spesa pubblica di 400 milioni di euro per il 2011.

Στην αρχή της συνέντευξης Τύπου, ο κ. Βενιζέλος υπογράμμισε ότι έγινε προσπάθεια για ορθολογικές, δίκαιες και αποδεκτές από τους εταίρους μας επιλογές και πρόσθεσε ότι όσα περιλαμβάνονται στο Μεσοπρόθεσμο και τον εφαρμοστικό πρέπει να αναγνωστούν παράλληλα με την απόφαση της κυβέρνησης να ξεκινήσει αμέσως η οργανωμένη συζήτηση για ένα αναπτυξιακό, δίκαιο και ισορροπημένο φορολογικό σύστημα.​

All'inizio della conferenza stampa, il signor Venizelos ha sottolineato che ci fu un tentativo di rendere razionale, equo e accettabile per i nostri partner e aggiungere le opzioni che includono il supporto e la sua applicazione deve essere letto insieme la decisione del Governo di avviare immediatamente dibattito organizzato per un sistema fiscale sviluppo equo ed equilibrato.

Αναπτύσσοντας τα χρονοδιάγραμμα που έχει μπροστά της η κυβέρνηση για το Μεσοπρόθεσμο και τον εφαρμοστικό νόμο, ο κ. Βενιζέλος τόνισε ότι μέχρι τα τέλη Ιουνίου θα πρέπει να έχουν ψηφιστεί και τα δύο νομοθετήματα.​

Sviluppare il programma in vista del governo per il medio e applicarlo legge, il signor Venizelos ha detto che entro la fine di giugno dovrebbe essere votato su entrambi i testi legislativi.

Βασικός στόχος του Προγράμματος, σημείωσε, είναι να ανακτήσει η χώρα την αξιοπιστία της και να διαμορφωθούν οι προϋποθέσεις για την πιο αποτελεσματική διαπραγμάτευση των θεμάτων που μας ενδιαφέρουν, δηλαδή την αντιμετώπιση του δημοσιονομικού προβλήματος και την εξασφάλιση της βιωσιμότητας του χρέους.​

L'obiettivo principale del programma, ha detto, è quello di recuperare la credibilità del paese e creare le condizioni per questioni più efficace negoziazione di interesse, vale a dire affrontare il problema fiscale e garantire la sostenibilità del debito.

Το νέο πρόγραμμα αποτελείται σύμφωνα με τον υπουργό από τρείς πυλώνες:​

Il nuovo programma è sotto il ministro su tre pilastri:

- Ιδιωτικοποιήσεις 50 δισ. ευρώ​

- Privatizzazioni 50 miliardi

- Συμμετοχή των ιδιωτών μέσω της διαδικασίας της Βιέννης​

- La partecipazione degli individui attraverso il processo di Vienna

- Νέο δάνειο από την Ευρωπαϊκή Ενωση και το ΔΝΤ​

- Nuovo prestito dalla Unione europea e il Fondo monetario internazionale

«Όλα αυτά διασυνδέονται με ένα κοινό παρονομαστή που είναι η βούληση των Ελλήνων να παλέψουμε για να βγουμε από την κρίση και να ανακτήσουμε την αξιοπιστία μας», υπογράμμισε.​

"Tutti sono collegati tra loro questi con un denominatore comune è il desiderio dei Greci a combattere per uscire dalla crisi e recuperare la nostra credibilità," ha detto.

Ειδικότερα όσον αφορά στη διαδικασία της Βιέννης, ο κ. Βενιζέλος δήλωσε ότι αναμένει θετικές εξελίξεις.​

In particolare per quanto riguarda il processo di Vienna, il signor Venizelos ha detto che si aspetta sviluppi positivi.

Πρόκειται για μια εθελοντική παρέμβαση του ιδιωτικού τομέα που είναι καλοδεχούμενη, σημείωσε, προσθέτοντας ότι υπάρχει εμφανής διαθεσιμότητα των τραπεζών και ασφαλιστικών ταμείων να μετάσχουν στη διαδικασία.​

Si tratta di un'azione volontaria da parte del settore privato è il benvenuto, ha detto, aggiungendo che nessuna apparente disponibilità delle banche e dei fondi pensione a partecipare al processo.


(fonte Naftemporiki)

 

[g.ln]

denaro sonante

Tra le misure prese sarà richiesto un contributo di solidarietà

Συγκεκριμένα εισφορά


1% για εισοδήματα από 12.000-20.000​

In particolare, un 1% sul reddito 12.000-20.000

Εισφορά 2% για εισοδήματα από 20.000-50.000​

2% di prelievo sul reddito 20.000-50.000

Εισφορά 3% για εισοδήματα από 50.000-100.000​

3% di prelievo sul reddito 50.000-100000

Εισφορά 4% για εισοδήματα από 100.000 και πάνω​

4% di prelievo sui redditi di 100.000 o più

Ειδική εισφορά 5% για βουλευτές και αιρετούς άρχοντες των ΟΤΑ​

Prelievo speciale del 5% per i membri ei funzionari eletti del governo locale

Έκτακτη εισφορά στους επιτηδευματίες​

Contributo speciale per i commercianti

Ciao Tommy, velocissimo come sempre nelle notizie!
Speriamo che questi provvedimenti, insieme agli altri, siano sufficienti alla Troika e ai politici europei, che dovranno sborsare denaro sonante!
Una parte del quale (denaro) dovrà andare a noi, via cedole .
Ciao, Giuseppe

 

[tommy271]

Grecia, possibile accordo oggi con Fmi/Ue su piano austerità

giovedì 23 giugno 2011 16:55






ATENE, 23 giugno (Reuters) - Il rappresentante della Grecia al Fondo monetario internazionale ha detto di aspettarsi che venga raggiunto un accordo oggi tra il governo greco e la delegazione Ue-Fmi sui termini del piano di austerità.
"I colloqui stanno continuando per concludere l'accordo su tagli di spesa e di alcuni elementi che riguardano le entrate" ha detto Reuters Panagiotis Roumeliotis.
Gli è stato chiesto se si aspetta che i colloqui possano concludersi oggi e il funzionario ha risposto: "Sì, penso di sì".
Gli ispettori dell'Unione europea e del Fondo monetario internazionale hanno deciso di tornare in Grecia questa settimana dopo che era appena stata conclusa una visita, per confrontarsi con il neo-nominato ministro delle Finanze Evangelos Venizelos dopoil rimpasto di George Papandreou.


***
Il precedente post, qui in italiano.

 

[tommy271]

Uncertainty Weighed Heavily On ASE



The overall sentiment of uncertainty, which dragged the international markets down on Thursday, weighed also on the Athens Exchange, with the General Index falling by 2.3% and the turnover remaining thin. Greek PM meets his counterparts in Brussels, as the Greek issue is the main issue of the EU Summit.

The General Index moved into negative territory throughout the trading session, while Greek banks also suffered intense pressures, as growing discussions on the medium-term package dominated the newsflow, along with IEA’s decision to release strategic oil reserves.

The euro moved sharply downwards, falling below $1.42, as avoiding risk stance prevailed, while oil price dropped below $90.

The market observes closely the developments and the existing sentiment is expected to remain until substantial progress is made, Manos Hatzidakis, investment and strategy director at Pegasus Securities, told Capital.gr.

“The key precondition is the passing of the program, in order to expect something from the summits of the European authorities, such as the Eurogroup”, he added.
Across the board, the General Index ended at 1,242.82 units, down 2.33%, close to session’s low. Approximately 19 million units worth €57.2m were traded on Thursday, while a total amount of 36 shares rose, 92 declined and 152 remained unchanged.

Banks fell by 3.78%, at 925.04 units, with all the shares of the sector in red. Proton Bank suffered the heaviest losses, falling by 5.56%, while Alpha Bank, National Bank and ATEBank lost more than 4%.

(capital.gr)

 

[tommy271]

Lo zig e zag e i mercanti di sventura ...

http://www.kairospartners.com/drupal/sites/default/files/newsletter/Lo zig e lo zag-RN-23.06.11.pdf

 

[tommy271]

MF: Officials In Athens Taking Stock Of Program Developments



WASHINGTON -(Dow Jones)- International Monetary Fund officials are in Greece to review loan program developments, a spokesman said, as Athens considers how it will achieve the budget cuts agreed to with the IMF and Europe as part of its joint EUR110 billion bailout.
Fund spokesman David Hawley wouldn't say whether the IMF would be open to changes in the austerity program agreed upon earlier in June, but said there had been no new official request yet for a new program.
Athens earlier Thursday said that while they are sticking to the bottom-line deficit reduction of EUR6.4 billion this year, they are changing how they plan to cut EUR3.5 billion.
"All this is being debated right now. We are looking at new measures to replace a EUR3.5 billion shortfall that the troika has identified," Greek government spokesman Elias Mossialos told Dow Jones Newswires. "But there is no way we will reduce the size of the package from what we have previously committed."
Hawley said IMF officials are in Athens "to take stock of current policies with the authorities."
"We have not received a request for a new arrangement from Greece. As said, we stand ready to continue our support for Greece subject to adoption of the economic policy reforms agreed with the Greek authorities," a fund spokesman said.
The IMF's executive board hasn't set a date to review the next tranche of the Greek loan program. "The board has to be satisfied that the program is on track and that it is adequately financed,' Hawley said.
Euro zone officials are currently negotiating exactly how it plans to provide financing, with the German government seeking private creditor participation to help ease the burden on public lending financed by taxpayers.

 

[tommy271]

Greek NBG to sell Finansbank stake when time is right






Thu Jun 23, 2011 11:27am EDT

* NBG to sell 20 pct of Finansbank when market allows -CEO
* CEO expects non-performing loans to peak this year
* Management mulls grouping Balkan units under one umbrella
(Adds CEO quotes, background, details)



By George Georgiopoulos
ATHENS, June 23 (Reuters) - Greece's largest lender National Bank (NBGr.AT) expects non-performing loans to peak this year and will sell a 20 percent stake in its Turkish unit Finansbank as soon as market conditions allow, its CEO said on Thursday.
Finansbank helped NBG grow first-quarter earnings by 39 percent despite a deep economic slump at home, and the sale of a minority stake will further boost the group's capital adequacy, with its Core Tier 1 ratio seen topping 13 percent.
Hit by the country's debt crisis, Greek banks face challenges on many fronts, including shrinking deposits, closed interbank funding, rising loan writedowns and losses on government bond holdings.
"We are planning the disposal of a 20 percent stake as soon as market conditions allow," NBG's Chief Executive Apostolos Tamvakakis told the bank's annual shareholders meeting.
He said NBG was in no rush to proceed with the divestment as its capital base remains strong with Core Tier 1 capital currently at 12 percent.
Apart from Finansbank, management is also mulling other moves that could strengthen capital ratios by another 120-150 basis points, he said.
One such option may be to group NBG's operations in southeast Europe under one umbrella, aiming at greater flexibility, synergies and autonomous access to capital markets, Tamvakakis said.
NBG is also present in Bulgaria, Romania, Serbia and Cyprus.
Tamvakakis also told shareholders that non-performing loans, which hit 8.5 percent of NBG's book in 2010, are expected to peak this year, but the bank had the profits to absorb them.
"NBG's pre-provision earnings cover group provisions by 1.5 times, meaning we can absorb a 50 percent increase in provisions without a need to tap capital reserves," Tamvakakis said.
Looking at deposits, he said National Bank was faring better than the sector, with its base down 2.1 percent in the first four months of the year versus a 3.8 percent drop in the system.
A shrinking deposit base has added to the strains of Greek banks, which have become reliant on ECB funding for their liquidity needs as access to wholesale funding remains shut on sovereign debt concerns.
Tamvakakis said NBG had 13.2 billion euros in government bonds and 1.6 billion euros of T-bills in its portfolio.

 

[tommy271]

Grecia, ricorso banche a fondi Bce sale a 97,5 mld a fine maggio

giovedì 23 giugno 2011 17:33






ATENE, 23 giugno (Reuters) - Il ricorso alla liquidità Bce da parte delle banche commerciali greche mostra a maggio un forte incremento rispetto al mese precedente.
Lo dicono i dati a cura dell'istituto centrale ellenico, che indicano per fine maggio un balzo a 97,5 miliardi di euro dagli 86,8 miliardi di fine aprile.
Gli istituti di credito greci hanno perduto la facoltà di reperire fondi sul mercato con il progredire della crisi del debito sovrano che li ha resi sempre più dipendenti dai fondi Bce.
Rispetto a 49,7 miliardi all'inizio del 2010, i finanziamenti Bce al sistema ellenico sono quasi raddoppiati lo scorso anno per raggiungere i 97,67 miliardi a fine dicembre.