Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 2

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E prima della fine del suo mandato dovrà predisporre un buon piano pluriennale di dismissione di beni dello Stato inutilizzati, inutili, fatiscenti...importantissimo....

Di cose da fare ce ne sono moltissime, derivanti da anni di governo di mangiapane a tradimento (ho detto dieci, ma 20 forse era più indicato, da una parte e dall'altra...).

Il nostro paese ha perso competitività, ed è stato rovinato da un immobilismo e da una delinquenza (perché clientelismo, evasione, mafia, favori, gente in posizioni pubbliche solo per interesse, ecc. per me sono delinquenza, non malcostume...) diffusi a tutti i livelli.

Per questo dico che è bene aspettare a giudicare, lo faremo a tempo debito
 
Westerwelle ha anche incontrato con il primo ministro Lucas Papademos e il leader conservatore Antonis Samaras. Si è poi detto contento di aver visto tutti d'accordo sulla necessità di portare avanti le riforme in Grecia.
butta bene:)

ciao Frma,
hai passato un buon weekend? Direi di si, di solito a notizie del genere rispondevi "chiacchiere:down:"!!!!
:D
 
Scusami ma il problema non è tanto o comunque non solo risanare i conti ma sostenere la crescita, e tu pensi che monti è più bravo di berlusconi?
La crescita secondo te la fai ripartire liberalizzando i taxi?
E quanti punti di pil incide una liberalizzazione dei posteggiatori allora?
A me sembra che sto monti abbia portato solo misure recessive
Secondo me quando a scuola doveva studiare la crisi del 29 ha fatto sega.

si, Monti è molto, molto più bravo di berlusconi. Certamente molto più onesto: Non mi risulta abbia corrotto i giudici per acquistare la mondadori, la più grande casa editrice italiana. Non mi risulta abbia corrotto la guardia di finanza, non mi risulta monopolista televisivo (cosa che in nessuna democrazia sarebbe nemmeno pensabile). Si potrebbe andare avanti per ore. Diciamo che berlusconi era ed è una vergogna a livello mondiale, e Sarkozy e la Merkel ridevano di lui, non dell'Italia. Capisco che adesso vogliate riprendere la verginità, ma sorry, questa propaganda funziona. solo in tv.
 
Good morning, and welcome to another day of rolling coverage of the eurozone financial crisis.Two issues dominate the agenda today - Greece, following the breakdown in debt reduction negotations, and the aftermath of last Friday's mass downgrades by Standard & Poor's.
The situation in Greece worsens by the day. Talks between the Greek government and private lenders over a plan to reduce Greece's debt by $130bn are now frozen until Wednesday. But the political pressure will continue to build on Lucas Papademos's government, with speculation over a disorderly default growing.
 
Greek pm papademos says greece aims to complete bond swap, new economic program in next two-three weeks-cnbc interview
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greek pm papademos says confident talks on bond swap will resume reasonably soon, sees mutually acceptable deal in time
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greek pm papademos says bond swap deal and bailout agreed at euro summit should be sufficient to support greece financially
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greek pm says greece leaving the euro zone is not an option
 
Westerwelle: Germany 'still stands by Greece' Published: 16 Jan 12 08:26 CET

Greece and Europe belong together, Germany's foreign minister said Sunday after meeting the debt-crippled country's leaders ahead of a week of tough talks for Athens with its creditors.

"With my visit in Greece I want to give a message to the Greek people that we want to solve the problems together," Guido Westerwelle told reporters after talks with Greek Foreign Minister Stavros Dimas.

"Greece and Europe belong together," he added.

"The commitment from Germany that they will stand next to Greece and work together until my country emerges from this crisis, is very significant," Dimas responded.

Greece would emerge stronger and more united from the crisis, he added.

Earlier Sunday Westerwelle met Prime Minister Lucas Papademos and separately with Antonis Samaras, the head of the New Democracy party, a member of the governing coalition and the current frontrunner in opinion polls.

"It is important in Europe to create independent ratings agencies, European ratings agencies," Westerwelle said two days after Standard and Poor's downgraded the credit rating of nine European countries.

His visit also came two days after talks between Greece and private bank creditors on a critical debt write-down, stalled.

That raised the prospect of a disorderly default that would plunge the eurozone even deeper into crisis.

The proposed deal would have seen banks taking a voluntary 50 percent "haircut" on their Greek debt, which would cut about €100 billion ($127 billion) from Athens' massive debt burden that currently exceeds €350 billion.

On Tuesday, officials from the so-called "troika" of international auditors, are due back in Athens to assess Greece's efforts in reducing its deficit and launching structural reforms.

The troika comprises the European Commission, the European Central Bank and the International Monetary Fund.

A positive report from them is as vital as a deal on the debt write-down if Greece is to get another €130 billion in loans.

It has already used up two-thirds of the first €110-billion rescue package it secured from the EU and IMF in May 2010.

The European Task Force, set up to help Greece implement structural reforms, is also due back in Athens this week.

“The most effective way of making up lost ground is by containing salaries and increasing productivity," Horst Reichenbach, the head of the task force, said in Sunday's edition of the Typos Tis Kyriakis newspaper.

Greece could bridge the competitiveness gap between its economy and others in Europe by the end of 2013, he said.

German Chancellor Angela Merkel was also optimistic in a radio interview Sunday. Greece could rebuild its economy by itself with structural reforms despite the austerity drive it has had to undergo, she said.

The aim of restructuring some of Greece's debt was to bring it down to 120 percent of its gross domestic product by 2020 so it could then return to the market, she added.
 
Greece More Worrisome Than Downgrades

And it had all started so well. By euro zone standards, 2012 had got off to a strong start. Investors seemed to have returned from their holidays in upbeat mood, determined to invest some of the cash that had been sitting idle over the year end earning them nothing.
France, Spain and Italy all managed to raise money on better terms than some feared. Equity and credit markets rallied. Shares in UniCredit, the Italian bank trying to raise €7.5 billion ($9.5 billion) via a rights issue, recovered strongly having at one stage looked as if it might crash through the subscription price. Then came Friday 13th January.
Friday provided the markets with two reminders that the euro crisis hasn't gone away. The decision by Standard & Poor's to downgrade nine members of the euro zone, including France being stripped of its Triple-A rating and Italy being downgraded to Triple-B, had been widely expected.
But the collapse of the negotiations between Greece and its private-sector bondholders over a voluntary write-down of its debt wasn't anticipated. The International Institute of Finance, which is negotiating on behalf of bondholders, said it hadn't been able to agree a deal. How worried should investors be?
The Greek situation is the most serious of Friday's developments. Athens has weeks to agree a deal with bondholders if the debt write-down is to be finalized ahead of a €14.6 billion bond redemption on March 20. Without a deal, Greece won't get €130 billion of bailout funds needed to repay the bonds and will be forced into a messy default. But negotiations have been complicated by the deterioration in Greece's finances since Oct. 31 when the terms of the country's second bailout were hammered out.
That bailout assumed bondholders would accept a 50% haircut in the value of their debt, sufficient to bring Greece's debt burden down to 120% of GDP by 2020. But with Greece's 2011 budget deficit for 2011 now estimated to have been 9%, two percentage points higher than forecast, those assumptions now look optimistic.
Greece's official lenders, led by the International Monetary Fund, have been pushing for lower coupons and longer maturities on the new bonds to be offered to existing investors, increasing the debt relief in net present value terms to up to 70%. That's not something many bondholders will accept, particularly since a voluntary deal won't trigger credit default swaps to offset losses. With hedge funds now holding a proportion of the bonds and threatening to refuse to take part in the deal, the scope for negotiation may be limited.
The euro zone has faced many "moments of truth" but the Greek bondholder dispute is a a genuine watershed: The euro's fate lies in the balance and it could go either way.
Assuming bondholders stand firm, then euro-zone governments face a straight choice: Either they step in to take a share of the losses for the first time in the crisis or they allow Greece to default, something they have fought hard to avoid for the past two years.
For Greece's official lenders to take losses will be politically unpalatable and practically difficult: The IMF has preferred-creditor status and the European Central Bank will fight hard to avoid losses on its own €45 billion exposure since this would undermine its credibility and cast doubt on its government bond-buying program. It could also
fall foul of the euro zone's no-bailout rules.

But a disorderly default could prove even more costly: Not only would the ECB certainly lose on its bonds, but euro-zone governments would need to recapitalize Greek banks and provide them with adequate collateral to enable them to continue to access ECB lending facilities if Greece was to remain in the euro.
Allowing Greece to default and remain in the euro would create a precedent that would increase moral hazard. But if Greece defaulted and left the euro, the single currency itself might fall apart, with devastating costs for all countries.
If the euro zone can resolve the Greek debt crisis, the markets would no doubt see this very positively, particularly if the deal included official sector losses since this would be welcome evidence of solidarity. Even so, the clear message from the S&P downgrades is that this would only likely prove a temporary respite. The downgrades may only have a limited initial impact—neither French government nor European Financial Stability Facility bonds have traded like Triple-A credits for months—but they sow the seeds for what may be the next big challenge since they are likely to be followed by downgrades by other credit-rating companies in the coming months, dragging down average ratings. In the case of Italy, that could have serious implications for the size of its investor pool and its ability to continue to access markets.
There is no mystery over what needs to be done to avoid a further deterioration in the crisis. S&P's explanation for its decisions echoes what financial markets and the ECB have been saying for months: The euro zone needs to boost the size and flexibility of its bailout funds to remove fears of an Italian or Spanish default. And above all, it needs a comprehensive growth strategy to accompany the austerity that will enable peripheral countries to address their chronic lack of competitiveness. That means a far more coordinated and consistent approach to structural reforms than has been seen so far.
Whether one is optimistic about the fate of the euro depends on how one believes euro-zone leaders will respond to this pressure.
Their track record, it has to be said, is not encouraging. But there are signs the new governments in crisis-hit countries, including Spain and Italy, understand the challenge. Recent comments from German Chancellor Angela Merkel also suggest a growing awareness of the need for a euro-zone growth strategy.
The biggest question surrounds France, which has long resisted the sort of supply-side reforms needed to boost competitiveness. President Nicolas Sarkozy is weeks away from an election that polls currently suggest he may lose. How he responds to the humiliation of his country's downgrading will go a long way to determine the fate of the euro.
 
si muove qualcosa...708k della maggio 12 scambiati in un'oretta di contrattazione di cui 350k in una botta sola...si sale...
 
Intervista del primo ministro alla rete statunitense CNBC

Papademos: C'è un opzione per tornare al centesimo

Pubblicato: Lunedi January 16, 2012

Ultimo aggiornamento: 2012/01/16 10:53

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Nella sua prima intervista il giorno in cui è entrato in carica, Lucas Papademos ha detto chiarito americani rete CNBC che il ritorno della Grecia alla dracma non è un'opzione. Per quanto riguarda PSI, ha detto che progressi significativi e ha espresso il parere che "siamo vicini ad un accordo." Egli ha respinto, però, che la Grecia può avere bisogno di più risorse rispetto ai 130 miliardi o più "haircut" per il suo debito.

Il Primo Ministro ha espresso la sua convinzione che il paese riuscirà a completare correttamente la procedura sia per il PSI, e il nuovo accordo di prestito e non andare in bancarotta. "Il nostro obiettivo è quello di completare i due processi e per fornire gli impegni assunti nel passato ... e siamo fiduciosi che riusciremo ", ha detto.

Per rimanere nel paese per l'euro, Papademos ha sottolineato che l', partiti di governo politici che supportano la stragrande maggioranza delle persone di supporto alla vigilia del paese nell'euro.

A coloro che si oppongono a rimanere nell'euro, il primo ministro ha risposto che gli anni prima di entrare nella zona euro, gli sforzi per migliorare la competitività attraverso il tasso di cambio ha portato solo risultati temporanei, ed è accompagnato da alta inflazione e bassa crescita.

Ciò che è necessario, l'economia greca a crescere "sono fondamentali cambiamenti strutturali" e quindi "la nostra esperienza dimostra che l'uscita dall'euro non è in realtà la scelta".

Per quanto riguarda il programma di scambio di obbligazioni, il signor Papademos ha sottolineato che "il periodo della scorsa settimana sono stati progressi significativi verso il raggiungimento di un accordo tra gli obbligazionisti e la Grecia" e le due parti sono "vicini a un accordo".

"Ci vuole un po 'più pensato che sarebbe" assemblare "i componenti. Quindi, come sapete, c'è una pausa nella discussione. Ma sono sicuro che continuerà a raggiungere un accordo che sia accettabile per il pubblico ", ha detto il primo ministro.

In risposta, no, gli scenari bisogno di maggiori risorse (da 130 miliardi concordato al vertice del 26 ottobre) o più grandi "tagli" del 50%, Papademos ha dichiarato: "Avremmo bisogno. Credo che i fondi sono stati annunciati al vertice, insieme con il risultato di coinvolgimento del settore privato nel processo, dovrebbe essere sufficiente per sostenere l'economia greca ".

(Ta Nea)
 
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