Wallygo
Forumer storico
non sono un profeta ma a naso
posso dirti che i prezzi della Marzo scenderanno ancora lunedì mentre le altre ... 
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 2 (9 lettori)
- Creatore Discussione tommy271
- Data di Inizio
- Stato
non sono un profeta ma a naso
posso dirti che i prezzi della Marzo scenderanno ancora lunedì mentre le altre ... 
g.ln
Triplo Panico: comprare
visioni diverse
Di là hanno dato più rilevanza e credibilità all'art. di ieri de Il sole24ore, contrariamente da noi (poi è da vedere chi avrà ragione) e non credono che ci sia il tempo di applicare le CAC al retail. Russia, però, con uno dei suoi decisi interventi, li ha un po' calmati: festeggiamenti sospesi! per ora.
Ciao, ciao, Giuseppe
Di là hanno dato più rilevanza e credibilità all'art. di ieri de Il sole24ore, contrariamente da noi (poi è da vedere chi avrà ragione) e non credono che ci sia il tempo di applicare le CAC al retail. Russia, però, con uno dei suoi decisi interventi, li ha un po' calmati: festeggiamenti sospesi! per ora.Ciao, ciao, Giuseppe
GiveMeLeverage
& I will remove the world
fenox
Forumer storico
Ciao, ciao, Giuseppe
tanto per ribadire: le cac al retail: una BUFFONATA
sarebbero più i costi e i rischi che i benefici
Ultima modifica:
giub
New Membro
certo che a 24 ore...ancora siamo messi così:
Euro-Zone Finance Mins Want Greece To Remain Euro Member-Fekter - WSJ.com
e poi:
Op-Ed: German plans for Greece to leave Euro on March 23
By Katerina Nikolas Feb 19, 2012 - 2 hours ago
Rumours of a planned forced default by Greece on March 23 are gaining ground, following the leak of a document earlier this week stating all Greek bank accounts will be frozen on that date.
Earlier this week The Slog carried a disturbing report of "a seemingly planned/forced default by Greece on 23rd March 2012." However the author of the report clearly stated "I still lack concrete proof of the validity and source of the documents held by Wall Street banks in relation" to the forced default. The report, whilst compelling, was without substantive sources. In light of the continued negotiations between the Greek government and the Troika, this writer concluded that the report was most likely accurate though not necessarily the final plan, but rather a contingency plan to be utilized if Germany received enough support from its EU partners and the IMF. On Feb 19 the Telegraph also runs with a report of German plans for Greece to exit the euro. It reports "Rumours are already circulating in Wall Street that banks are preparing for a 'credit event'" adding "The sense that an endgame is approaching has been fuelled by the secret "troika" report, by EU, IMF and ECB officials on Greek debt "sustainability". Certainly this week has witnessed the lowest point in relations between Germany and Greece since the Second World War, with the Greek President accusing Wolfgang Schäuble of insulting Greece. The original documents seen by The Slog which was unable to verify the source of the document
Euro-Zone Finance Mins Want Greece To Remain Euro Member-Fekter - WSJ.com
e poi:
Op-Ed: German plans for Greece to leave Euro on March 23
By Katerina Nikolas Feb 19, 2012 - 2 hours ago
Rumours of a planned forced default by Greece on March 23 are gaining ground, following the leak of a document earlier this week stating all Greek bank accounts will be frozen on that date.
Earlier this week The Slog carried a disturbing report of "a seemingly planned/forced default by Greece on 23rd March 2012." However the author of the report clearly stated "I still lack concrete proof of the validity and source of the documents held by Wall Street banks in relation" to the forced default. The report, whilst compelling, was without substantive sources. In light of the continued negotiations between the Greek government and the Troika, this writer concluded that the report was most likely accurate though not necessarily the final plan, but rather a contingency plan to be utilized if Germany received enough support from its EU partners and the IMF. On Feb 19 the Telegraph also runs with a report of German plans for Greece to exit the euro. It reports "Rumours are already circulating in Wall Street that banks are preparing for a 'credit event'" adding "The sense that an endgame is approaching has been fuelled by the secret "troika" report, by EU, IMF and ECB officials on Greek debt "sustainability". Certainly this week has witnessed the lowest point in relations between Germany and Greece since the Second World War, with the Greek President accusing Wolfgang Schäuble of insulting Greece. The original documents seen by The Slog which was unable to verify the source of the document
"asserts that Greece will officially be declared in default by all the ratings agencies after the close of business on Friday march 23rd . At the weekend all Greek bank accounts will be frozen, with emergency measures detailed to prevent the flight of capital. Included in the paperwork is a list of very limited exceptions to the ‘no withdrawals’ order. All major banks ‘are instructed not to deal with euro exchange as of open of business in Greece on Monday 26th march. All Greek markets will close for one day ‘at least’."
The Telegraph now reports that German Finance Minister Wolfgang Schäuble is actively seeking a Greek default, believing that Greece will be unable to reduce its debt enough to stave off bankruptcy. Even if that is Schäubles intent it is by no means a certainty that the plans will come to fruition as other members of the European Parliament are solidly behind supporting Greece, yet lack the influence that Germany carries. Digital Journal reported that a shadow troika had been proposed this week to come up with alternative suggestions to austerity as a means of assisting Greece, with backing for Greece to stay in the eurozone. On Feb 19 the Slog reported it has received corroborating evidence relating to the authenticity of the document outlining a planned Greek default on March 23. One source is named as Barclays Capital, whilst the other remains anonymous. It is unlikely that the document will receive official corroboration but any further stalling in arranging the bail out loan to Greece will make the chances of the 'planned default on March 23' an increasing possibility. Road Glide
Forumer attivo
L'unica cosa che si potrebbe profetizzare, senza rischiare nemmeno troppo, sarebbe un nulla di fatto domani.
g.ln
Triplo Panico: comprare
Tradotto:
"Afferma che la Grecia sarà ufficialmente dichiarata in default da tutte le agenzie di rating dopo la chiusura delle attività il 23 marzo Venerdì. Nel fine settimana tutti i conti bancari greci saranno congelati, di emergenza con misure dettagliate per impedire la fuga di capitali. Incluso nel lavoro di ufficio è un elenco di eccezioni molto limitate per il 'no' ordinare il ritiro. Tutte le principali banche 'sono istruiti a non occuparsi di cambio dell'euro a partire dal all'apertura delle contrattazioni in Grecia il Lunedi 26 marzo. Tutti i mercati greci si chiude per un giorno' a meno '".
Ovviamente a quanto sopra non ci credo!!!
Buona Domenica serena, Giuseppe
"Afferma che la Grecia sarà ufficialmente dichiarata in default da tutte le agenzie di rating dopo la chiusura delle attività il 23 marzo Venerdì. Nel fine settimana tutti i conti bancari greci saranno congelati, di emergenza con misure dettagliate per impedire la fuga di capitali. Incluso nel lavoro di ufficio è un elenco di eccezioni molto limitate per il 'no' ordinare il ritiro. Tutte le principali banche 'sono istruiti a non occuparsi di cambio dell'euro a partire dal all'apertura delle contrattazioni in Grecia il Lunedi 26 marzo. Tutti i mercati greci si chiude per un giorno' a meno '".
Ovviamente a quanto sopra non ci credo!!!
Buona Domenica serena, Giuseppe
Ultima modifica:
GiveMeLeverage
& I will remove the world
“Secret Troika Report” – Key for Greek Bankruptcy Announcement
Reports are emerging that a secret report by the EU / ECB / IMF troika on Greece will show that even if the most optimistic scenarios are met, Greece will not achieve the desired debt ratio, nor get even close. This may be the trigger for a bankruptcy announcement in Athens.
In addition, the bond swap made by the ECB might not be a preparation for the second bailout and the PSI, but rather for a bankruptcy announcement. Plan B is turning into Plan A on both sides of the Atlantic. Updates.
Secret Troika Report
The Greek government has approved even more budget cuts in order to fill the funding gap found by the troika. The small amount of 325 million euros does not begin to describe a bigger hole.
The Telegraph reports that the sense of the endgame has been fueled by this report:
It found that even if Greece implemented all the austerity measures expected of it, and if it achieves highly optimistic economic growth targets, it will still fall short of what is needed, with debt likely to total 129 per cent of GDP in 2020.
Projections for 8 years from now can be arranged in any form the writers want it to be. If the troika wants Greece out of the euro-zone, the debt-to-GDP ratio for 2020 could be set to 150% or 200% in the optimistic scenario. It’s not hard facts we’re talking about, but future estimations.
When the “secret” report will come out to the open, Greece will be pressured to announce official bankruptcy, as no other choice are left.
A Greek exit of the euro may not be so bad for Greece and for the euro-zone in the long run.
And are the Germans, the ECB and the IMF moving for a Greek default? More evidence is coming out that plans are being made with cooperation on both sides of the Atlantic.
“Angela Merkel’s public position is a necessary illusion. The pressure from Frankfurt to get onto the task of preparing for default has been augmented by Washington’s sense of urgency. I wouldn’t call it close cooperation, but Schauble, Draghi and now Monti are fully aware of it. Mario Monti in particular has, I understand, welcomed it.
It’s also a US interest to keep things under control, especially as the US funds the IMF. The IMF has already said it will contribute less to the second Greek bailout. Perhaps they will contribute nothing, as there will be no second bailout.
ECB Moves
The European Central Bank was very successful with the LTRO: banks in Europe now have additional 489 billion euros from the central bank. Another operation is planned for February 29th, and could be brought forward.
Banks are now prepared for a Greek default.
The move by the ECB to swap its bonds for ones that would be immune to Collectiva Action Clauses (CAC), meaning no danger of receiving a haircut was seen as a preparation for the PSI deal.
With all the other events piling up, including the lower contribution of the IMF, this seems as a preparation for a Greek default as well.
Reports are emerging that a secret report by the EU / ECB / IMF troika on Greece will show that even if the most optimistic scenarios are met, Greece will not achieve the desired debt ratio, nor get even close. This may be the trigger for a bankruptcy announcement in Athens.
In addition, the bond swap made by the ECB might not be a preparation for the second bailout and the PSI, but rather for a bankruptcy announcement. Plan B is turning into Plan A on both sides of the Atlantic. Updates.
Secret Troika Report
The Greek government has approved even more budget cuts in order to fill the funding gap found by the troika. The small amount of 325 million euros does not begin to describe a bigger hole.
The Telegraph reports that the sense of the endgame has been fueled by this report:
It found that even if Greece implemented all the austerity measures expected of it, and if it achieves highly optimistic economic growth targets, it will still fall short of what is needed, with debt likely to total 129 per cent of GDP in 2020.
Projections for 8 years from now can be arranged in any form the writers want it to be. If the troika wants Greece out of the euro-zone, the debt-to-GDP ratio for 2020 could be set to 150% or 200% in the optimistic scenario. It’s not hard facts we’re talking about, but future estimations.
When the “secret” report will come out to the open, Greece will be pressured to announce official bankruptcy, as no other choice are left.
A Greek exit of the euro may not be so bad for Greece and for the euro-zone in the long run.
And are the Germans, the ECB and the IMF moving for a Greek default? More evidence is coming out that plans are being made with cooperation on both sides of the Atlantic.
“Angela Merkel’s public position is a necessary illusion. The pressure from Frankfurt to get onto the task of preparing for default has been augmented by Washington’s sense of urgency. I wouldn’t call it close cooperation, but Schauble, Draghi and now Monti are fully aware of it. Mario Monti in particular has, I understand, welcomed it.
It’s also a US interest to keep things under control, especially as the US funds the IMF. The IMF has already said it will contribute less to the second Greek bailout. Perhaps they will contribute nothing, as there will be no second bailout.
ECB Moves
The European Central Bank was very successful with the LTRO: banks in Europe now have additional 489 billion euros from the central bank. Another operation is planned for February 29th, and could be brought forward.
Banks are now prepared for a Greek default.
The move by the ECB to swap its bonds for ones that would be immune to Collectiva Action Clauses (CAC), meaning no danger of receiving a haircut was seen as a preparation for the PSI deal.
With all the other events piling up, including the lower contribution of the IMF, this seems as a preparation for a Greek default as well.
GiveMeLeverage
& I will remove the world
5 Reasons Greek Deal May Be Delayed Again (or Cancelled)
Forex News | Yohay | Created: Feb 17, 2012 16:36 GMT; Last Modified: Feb 19, 2012 09:05 GMT
Expectations are high for the signing off of the second bailout for Greece on Monday, February 20th. This has helped the euro recover.
Yet there are ominous signs that this is not the case. Another delay on Monday has higher chances, as well as an outright default. Perhaps plans are already in place. Here are 5 reasons:
This was seen as a preparation for the second bailout deal to be finalized. It seemed as a step forward and sent the euro higher.
Well, this also could be a preparation for a Greek default, if negotiations aren’t finalized, or fail altogether. Update: More evidence about the plans made in Wall Street is emerging. This is bad for the euro.
Forex News | Yohay | Created: Feb 17, 2012 16:36 GMT; Last Modified: Feb 19, 2012 09:05 GMT
Expectations are high for the signing off of the second bailout for Greece on Monday, February 20th. This has helped the euro recover.
Yet there are ominous signs that this is not the case. Another delay on Monday has higher chances, as well as an outright default. Perhaps plans are already in place. Here are 5 reasons:
- Target Not Reached: The whole idea of the second bailout, including the haircut for private bondholders, is to put Greece on a path of reaching a 120% debt-to-GDP ratio in 2020. European leaders were reportedly accepting 125%. The head of the Eurogroup, Jean-Claude Jucker, said that we are “far away” from reaching that goal.
- Lower IMF Contribution: Up to now, the International Monetary Fund has contributed a third of the bailout funds. It is now cutting its funding to only 10%. It seems that the US, who is the greatest contributor to the IMF, is cutting its losses.
- War of Words: The German frustration from Greece is more public. German finance minister Wolfgang Schäuble said that Greece is bottomless pit. He is one of most pro-Europe and pro-euro politicians on the scene. His Greek counterpart, Venizelos, said that “some euro-zone countries don’t want us”. This escalation does not contribute to a deal, to say the least.
- Preparing the public after preparing the banks: There is a growing chorus in Europe that says that “now is a better time for a default”. This is based on the success of the ECB’s LTRO. Banks have much better cushions to absorb the shock of a Greek default. The ECB lent them 489 billion euros. A second operation is planned for February 29th. The Poles said it out loud, and also Italy’s PM Mario Monti hinted that it would be wiser to invest in Italy rather than Greece.
- Plan for Grefault on March 23rd: There are reports about documents outlining the details of a Greek default when markets close on Friday, March 23rd. According to these reports, US banks are getting ready for a Greek exit from the euro-zone. Greece has until March 27th to repay around 14.5 billion euros. The due date is March 20th + 7 days of grace.
This was seen as a preparation for the second bailout deal to be finalized. It seemed as a step forward and sent the euro higher.
Well, this also could be a preparation for a Greek default, if negotiations aren’t finalized, or fail altogether. Update: More evidence about the plans made in Wall Street is emerging. This is bad for the euro.
g.ln
Triplo Panico: comprare
Reuters
""(Reuters) - Japan and China agreed on Sunday they will jointly respond to any funding request from the International Monetary Fund, which is looking to more than double the size of its war chest to help countries deal with the euro zone crisis.
Japanese Finance Minister Jun Azumi, after meetings with Chinese Vice Premier Wang Qishan and Finance Minister Xie Xuren, said the two countries were ready to support the IMF but further efforts by euro zone members were necessary.
"What we agreed on...is that European countries need to do more, although (the situation), including Greece, is headed in a good direction," Azumi told reporters in Beijing.
"We can expect some sort of request from the IMF to those including the United States, Japan and China. We agreed that Japan and China will coordinate closely and will jointly respond to IMF."
The IMF is seeking to raise $600 billion in new resources to help deal wit the euro zone debt crisis but countries outside of the 17-country euro bloc want to see its members stump up more money before they commit additional resources to the IMF.
Azumi said the two sides did not discuss the specific size of any funding support for the IMF although a Japanese finance ministry official said Tokyo was willing to commit a "sizeable" amount.
"The idea is Japan and China will coordinate, not compete, on any IMF action," the official said, adding that both countries were fully aware of their importance in dealing with the crisis.
China, which has been consistently reluctant to make firm financial commitments, is seen as having the financial firepower to bail out some European governments given its $3.2 trillion worth foreign exchange reserves at hand.
Earlier in the month, Chinese Premier Wen Jiabao said the world's No. 2 economy is considering increasing its participation in the European rescue funds and is still studying how it might go about doing it, including possibly through the IMF.""
Ciao, ciao, Giuseppe
""(Reuters) - Japan and China agreed on Sunday they will jointly respond to any funding request from the International Monetary Fund, which is looking to more than double the size of its war chest to help countries deal with the euro zone crisis.
Japanese Finance Minister Jun Azumi, after meetings with Chinese Vice Premier Wang Qishan and Finance Minister Xie Xuren, said the two countries were ready to support the IMF but further efforts by euro zone members were necessary.
"What we agreed on...is that European countries need to do more, although (the situation), including Greece, is headed in a good direction," Azumi told reporters in Beijing.
"We can expect some sort of request from the IMF to those including the United States, Japan and China. We agreed that Japan and China will coordinate closely and will jointly respond to IMF."
The IMF is seeking to raise $600 billion in new resources to help deal wit the euro zone debt crisis but countries outside of the 17-country euro bloc want to see its members stump up more money before they commit additional resources to the IMF.
Azumi said the two sides did not discuss the specific size of any funding support for the IMF although a Japanese finance ministry official said Tokyo was willing to commit a "sizeable" amount.
"The idea is Japan and China will coordinate, not compete, on any IMF action," the official said, adding that both countries were fully aware of their importance in dealing with the crisis.
China, which has been consistently reluctant to make firm financial commitments, is seen as having the financial firepower to bail out some European governments given its $3.2 trillion worth foreign exchange reserves at hand.
Earlier in the month, Chinese Premier Wen Jiabao said the world's No. 2 economy is considering increasing its participation in the European rescue funds and is still studying how it might go about doing it, including possibly through the IMF.""
Ciao, ciao, Giuseppe
- Stato