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

[tommy271]

Altra giornata interlocutoria dopo che il voto al Parlamento di Atene ha rimesso la "palla" nel campo della UE.
Ieri il voto favorevole della Finlandia al potenziamente dell'EFSF mentre oggi è atteso quello della Germania. Poi, forse, sapremo la strategia che hanno in mente i francesi.
Oggi ritorna la Troika ad Atene con tutte le speculazioni sulle prossime mosse che accompagnano inevitabilmente ogni movimento degli ispettori.
Ieri fonti bancarie hanno fatto sapere di essere contrari ad ogni modifica dello swap.
Intanto continuano a migliorare le posizioni dell'Irlanda mentre diminuisce la pressione sulla Spagna e Belgio.
Sempre al palo Portogallo e Italia.

Grecia 2153 pb. (2279)
Portogallo 974 pb. (1033)
Irlanda 593 pb. (642)
Italia 366 pb. (365)
Spagna 305 pb. (312)
Belgio 179 pb. (184)

 

[tommy271]

E in Grecia la Chiesa ottiene lo sconto

 

[tommy271]

Il default greco e i due anni di speranza - Il Sole 24 ORE

 

[tommy271]

Euro al bivio tra il crollo e il rilancio - Il Sole 24 ORE

 

[tommy271]

Futures Bund apre in calo di 10 tick a 135,56

giovedì 29 settembre 2011 08:04

 

[tommy271]

Leftist MPs decline expense bonus




Fotis Kouvelis, the leader of Democratic Left, a small leftist party, and his three MPs have asked not to be paid 150 euros in expenses each time they take part in a parliamentary committee session.
MPs recently had their salaries reduced but they can still boost their earnings by receiving remuneration for taking part in committees.






ekathimerini.com , Wednesday September 28, 2011 (21:38)

 

[tommy271]

Gov't relief after EU encouragement



Cautious optimism in gov’t as troika returns but Pangalos tax comments stir waters

The mood was cautiously upbeat in the ranks of the embattled government on Wednesday following a string of reassuring statements by European officials in Brussels and Berlin and the confirmation that foreign inspectors would return to Athens on Thursday to resume an audit, but a statement by outspoken Deputy Prime Minister Theodoros Pangalos - ostensibly expressing solidarity with taxpayers - caused fresh upheaval.
According to sources, there was relief at the Maximos Mansion and in the Finance Ministry following the encouraging words of German Chancellor Angela Merkel, who called for “a strong Greece in the eurozone” ahead of talks with Prime Minister George Papandreou in Berlin on Tuesday. Her comments were echoed by European Commission President Jose Manuel Barroso, who said on Wednesday that “Greece is and will continue to be part of the eurozone.”
But the support of Merkel, and other European Union leaders, was clearly linked to Greece making good on its commitments. In comments to state channel NET, Merkel suggested that the terms of Greece’s bailout might change. “So we must now wait for what the troika finds out and what it tells us: Do we have to renegotiate or do we not have to renegotiate?” she said.
Despite the caveats, officials in Athens said they were confident that Greece is on track to receive a sixth tranche of rescue funding valued at 8 billion euros and that a second bailout package for Greece, which was hammered out in July by EU leaders, would be implemented.
Still, the government has some way to go before convincing its foreign creditors that new austerity measures will be implemented, not least because many of the reforms - such as cutbacks in the public sector and a new property tax - have divided the ruling party.
Pangalos told Mega TV on Wednesday that he would be unable to pay the new tax without selling one of his properties. In comments made a few hours after he voted in Parliament to back the tax, the deputy premier said he would be forced to sell one of his eight properties to pay the levy.
“I will be obliged to sell some of these properties,” he said. Asked what would happen if he failed to find a buyer, Pangalos remarked, “I don’t know, maybe Venizelos will put me in jail,” referring to Finance Minister Evangelos Venizelos.
Pangalos’s comments elicited no formal response but stirred concerns as they come on the back of a growing “Won’t Pay” movement that has been embraced by some left-wing parties.






ekathimerini.com , Wednesday September 28, 2011 (22:50)

 

[tommy271]

Troika arrives for renegotiation



Sixth tranche of bailout loans to Greece is likely to be disbursed

By Sotiris Nikas
The representatives of Greece’s international creditors arrived in Athens on Wednesday and the first of their planned tasks is a renegotiation of the whole of the agreement with the Greek government.
The so-called troika is now likely to approve the disbursement of the sixth tranche of loans to Athens, following a written pledge by Prime Minister George Papandreou and Finance Minister Evangelos Venizelos for the full implementation of the agreed measures, with the next target being the agreement on the terms of the new program by mid-November.
Sources suggest that the gap between what the troika has asked for and what the government is delivering has been bridged for 2011 with the measures announced, while the two sides are also very close to reaching an agreement for the 2012 gap (another set of measures worth 500 million euros still remains).
The issue now is to identify the interventions required to cover the gap of about 3 billion euros for 2013 and that of a similar amount for 2014, a total of 6 billion.
The troika officials hope to have completed their monitoring by the start of next week. The first draft of the new budget must be tabled on Monday, with Finance Minister Evangelos Venizelos set to explain Greece’s progress to his eurozone counterparts in the context of the Eurogroup meeting.
Venizelos has stated that the government aims to have the 2012 budget passed by the end of October, but a small delay cannot be ruled out at the moment. Given that the government will now redefine the measures (and possibly the targets) of the midterm fiscal plan, the process may well be completed in mid-November, with the budget to be approved along with the new midterm fiscal plan immediately afterward.
There is no clear timetable regarding the disbursement of the next loan installment, as it is not known when the Eurogroup will issue its approval. A Commission spokesman stated yesterday that there will be an extraordinary meeting of the group of the eurozone’s finance ministers on this issue (possibly on the telephone) within October. This is most likely to happen between October 12 and 15.






ekathimerini.com , Wednesday September 28, 2011 (23:09)

 

[tommy271]

Da ieri sera, diverse decine di manifestanti hanno bloccato gli accessi al Ministero delle Finanze per impedire i lavori alla Troika.
L'occupazione, nelle intenzioni dei manifestanti, durerà 48 ore.

 

[tommy271]

Intanto il ministro delle finanze francese, Francois Baroin, insiste che non c'è nessuna alternativa all'infuori del secondo pacchetto di sostegno alla Grecia concordato il 21 luglio.
Questa è l'unica strategia perseguita dai paesi della zona euro.