giub
New Membro
Molte info nell'allegato anche se "vecchio" (21/10/11).
L'avevate già visto?
Tra gli altri
L'avevate già visto?
Tra gli altri
Interessante la sostenibilità a pag 30 e il picco a marzo di pag 41PSI. It is assumed that the private sector involvement announced on 21 July is implemented at the beginning of 2012.
However the information available on the investors' responses to the letter of inquiry have led to revise the assumed participation rate to 80 percent, while those that expressed their intention to participate in PSI have, for a very large majority, stated a preference for the so-called option 1 (exchange of bonds at par, with extended maturities and collateral). PSI requires the government to borrow additional funds (around EUR 35 billion) in order to place AAA securities in a defeasance structure that guarantee the payment of the exchanged bonds principal. At the time of writing,
Eurostat has not yet announced whether the PSI-related collateral should be netted out in the official debt statistics. In any case, for the purpose of the debt sustainability assessment the relevant concept is debt net of collateral.