PASTELLETTO
Guest
Comunque non è così tragica, se si riprecipita a 12000 non è un problema.
O no?
O no?
Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 2
- Creatore Discussione tommy271
- Data di Inizio
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ferdo
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tommy271
Forumer storico
Eurogroup: Boost PSI Or Further Measures
Yesterday’s Eurogroup meeting seemed like a blind date, as there were no properly prepared proposals or clear view of Greece’s final fiscal situation. Additionally, neither there was any assessment whether the PSI program would make the Greek debt sustainable nor agreement on strengthening the new EFSF role.
The climate reflects the overall awkwardness of the Council of Finance Ministers to address the triple crisis of the Eurozone: debt crisis, recession and a new cycle of financial instability.
Greece: While recession has changed the picture, relating to the amount of needed correction, the unforeseeable consequences of social unrest because of this corrections and the certainty that the agreed size of PSI program would not be able to make the Greek debt sustainable, the Eurozone FinMins opted once more to postpone decisions on the sixth instalment.
EFSF: The strengthening of the new financial assistance tool has two options, but face strong opposition: either granting the EFSF a bank licence to allow lending by the ECB or allowing the rescue fund to raise capital through the market.
Ministers and bankers have been divided, postponing once again activating the new toll, which is intended to defuse both the debt crisis and the crisis of bank recapitalization.
Trichet, Weidmann and Ackermann are strongly against both EFSF borrowing from the ECB and expanding the PSI program with a higher haircut.
They argue these proposals would destabilize the whole Eurozone and the euro in particular.
But Trichet’s successor at ECB, Mario Draghi reportedly favours EFSF borrowing from the ECB and intervening in sovereign debt purchases, but he does not favour increasing PSI program, if not clarified whether the EFSF could support the banks.
Thus, the problem is referred once again to the Berlin-Paris axis for a political solution, as Merkel and Sarkozy meet.
(capital.gr)
Yesterday’s Eurogroup meeting seemed like a blind date, as there were no properly prepared proposals or clear view of Greece’s final fiscal situation. Additionally, neither there was any assessment whether the PSI program would make the Greek debt sustainable nor agreement on strengthening the new EFSF role.
The climate reflects the overall awkwardness of the Council of Finance Ministers to address the triple crisis of the Eurozone: debt crisis, recession and a new cycle of financial instability.
Greece: While recession has changed the picture, relating to the amount of needed correction, the unforeseeable consequences of social unrest because of this corrections and the certainty that the agreed size of PSI program would not be able to make the Greek debt sustainable, the Eurozone FinMins opted once more to postpone decisions on the sixth instalment.
EFSF: The strengthening of the new financial assistance tool has two options, but face strong opposition: either granting the EFSF a bank licence to allow lending by the ECB or allowing the rescue fund to raise capital through the market.
Ministers and bankers have been divided, postponing once again activating the new toll, which is intended to defuse both the debt crisis and the crisis of bank recapitalization.
Trichet, Weidmann and Ackermann are strongly against both EFSF borrowing from the ECB and expanding the PSI program with a higher haircut.
They argue these proposals would destabilize the whole Eurozone and the euro in particular.
But Trichet’s successor at ECB, Mario Draghi reportedly favours EFSF borrowing from the ECB and intervening in sovereign debt purchases, but he does not favour increasing PSI program, if not clarified whether the EFSF could support the banks.
Thus, the problem is referred once again to the Berlin-Paris axis for a political solution, as Merkel and Sarkozy meet.
(capital.gr)
tommy271
Forumer storico
Lascia che scendano ... decideranno prima.
fenox
Forumer storico
non è tragica? Dexia è alla frutta, Soc Gen e BNP quasi, non c'è traccia di soluzione della crisi europea, i politici litigano e si smentiscono uno con l'altro! pensi forse che la soluzione venga dallo spirito santo ?
tommy271
Forumer storico
Postponement Of Sixth Aid Instalment Preordained
The disbursement of sixth aid instalment has been postponed for November, despite Greece decided additional measures of €2 billion for the period 2013-2014, amid doubts about the performance of the overall package of €7.11 billion.
But the decision was not sudden, as no exact date of the extraordinary Eurogroup meeting on Greece has been notified to the Greek cabinet, estimating that if the review of the country’s economy was complete on time, the release of the sixth aid instalment could be possible in late October.
Yesterday, the decision was postponed for November, as competent officials seek additional collaterals, while the package of measures for 2013-2014 is not finalized yet. They indicate that there is no liveliness in critical interventions in privatizations, closed professions, labour relations and pensions.
The Troika is determined to stay in Athens until promises become laws to be implemented. It is dissatisfied by the reactions of civil servants and disputes government’s ability to impose measures. Reportedly, international lenders do not negotiate, but demand.
They consider that the draft budget notifies only a few of the measures. Interventions in pensions were not included in the package of €7.11 billion, but in the measures passed in June, but were not implemented.
(capital.gr)
The disbursement of sixth aid instalment has been postponed for November, despite Greece decided additional measures of €2 billion for the period 2013-2014, amid doubts about the performance of the overall package of €7.11 billion.
But the decision was not sudden, as no exact date of the extraordinary Eurogroup meeting on Greece has been notified to the Greek cabinet, estimating that if the review of the country’s economy was complete on time, the release of the sixth aid instalment could be possible in late October.
Yesterday, the decision was postponed for November, as competent officials seek additional collaterals, while the package of measures for 2013-2014 is not finalized yet. They indicate that there is no liveliness in critical interventions in privatizations, closed professions, labour relations and pensions.
The Troika is determined to stay in Athens until promises become laws to be implemented. It is dissatisfied by the reactions of civil servants and disputes government’s ability to impose measures. Reportedly, international lenders do not negotiate, but demand.
They consider that the draft budget notifies only a few of the measures. Interventions in pensions were not included in the package of €7.11 billion, but in the measures passed in June, but were not implemented.
(capital.gr)
mago gambamerlo
Xx Phuket xX
che cavolo di crisi di m...... 
PASTELLETTO
Guest
non è tragica? Dexia è alla frutta, Soc Gen e BNP quasi, non c'è traccia di soluzione della crisi europea, i politici litigano e si smentiscono uno con l'altro! pensi forse che la soluzione venga dallo spirito santo ?
Mah vedi io sono un po' complottista in questi casi.
Cioè finchè qualcuno vende qualcuno compra.
L'importante è che non si blocchi tutto e si ritorni al baratto, sennò so ca**i. (autocensura).
tommy271
Forumer storico
non è tragica? Dexia è alla frutta, Soc Gen e BNP quasi, non c'è traccia di soluzione della crisi europea, i politici litigano e si smentiscono uno con l'altro! pensi forse che la soluzione venga dallo spirito santo ?
[ame=http://www.youtube.com/watch?v=XLYMYua5M_0&feature=related]Veni creator Spiritus, Inno gregoriano - YouTube[/ame]
METHOS
Forumer storico
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