Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1 (4 lettori)

[METHOS]

io voglio dire 1 casa a quelli di moods per me' siete in malafede nel senso che sappiamoin che condizioni si trova la grecia pero' potevate aspettare almeno lunedi' siete degli indegni farabutti

Non stare a roderti per queste agenzie di rating, ormai quel che valgono l'hanno dimostrato in questa grande crisi finanziariadel 2008-09 e 2010-2011 dei debiti sovrani ( e quella prox ventura 2012-14 che non è altro che la continuazione)

 

[tommy271]

Euro remains stable currency, says Merkel

Updated: 07:08, Thursday, 2 June 2011





German Chancellor Angela Merkel has said the euro is a 'stable currency' but some countries in the eurozone need to improve their competitiveness and fiscal responsibility.

The leader of Europe's largest economy also gave her backing to Christine Lagarde in her bid for leadership of the IMF, saying the French Finance Minister was 'ideal' for the job.

Ms Merkel told her audience that the single European currency is not the root of Europe's current problems.

'Let me tell you very clearly: we don't have a problem with the euro as such,' Ms Merkel said at a forum in Singapore.

'It is a stable currency, particularly if you look at it vis-a-vis the dollar.'

But in an apparent reference to Greece and other eurozone members with debt problems, Ms Merkel said the eurozone region has 'a competition problem, a competitiveness problem'.

'So this is why we have said right from the start we need to boost competitiveness and we need to put fiscal responsibility and fiscal soundness at the very heart of our efforts,' she said.

Ms Merkel's comments come amid growing expectations that the European Union will provide new aid to Greece as the eurozone struggles to fix its finances despite a €110bn bailout agreed with Athens and the International Monetary Fund.

Support from Germany, the eurozone's largest economy, is vital in any further bailouts for Greece.

Improving economic competitiveness is key to overcoming the challenge, Ms Merkel said in Singapore in reference to the eurozone's weaker members.

'Because the competitiveness of the member states in the euro area is too disparate, some of them are too weak as regards their competitive situation and the question is obviously how can we overcome this crisis,' she said.

On the IMF leadership succession, Ms Merkel said Ms Lagarde is well qualified to head the body and urged emerging countries to give her an 'objective' assessment amid calls for a non-European to lead the body for the first time.

The IMF managing director's post was vacated last month by French financier and politician Dominique Strauss-Kahn after he was arrested and charged with sexual assault in New York. He denies the charges.

'If I look at the persona, Christine Lagarde as a finance minister enjoys an excellent reputation worldwide,' Ms Merkel told the Singapore forum, adding that 'in many ways she is an ideal embodiment of economic experience and political experience'.

'I hope that emerging countries and other countries will take a close look and, if you like, an objective and unbiased look at her even though obviously they too have to have a chance,' the German leader said.

 

[buttozzo]

methos mi ci rode perche' come son fatto io se fossi cittadino greco andrei dai vecchi politici e gli ribalterei tutto poi passerei alle agenzie di rating se fa' default i greci sarebbero al lastrico pero' non me la piglierei con le persone che non c'entrano come fecero quei bastardi a luglio dell'anno scorso quando morirono 4 persone di cui 1 donna in stato interessante se vi ricordate bene

 

[tommy271]

Situazione stabile, con uno sguardo rivolto verso il miglioramento, da parte dei Periferici.
La Grecia si avvia verso la fase finale, nel frattempo Moody's ha affondato il coltello nella piaga, con un nuovo pacchetto di aiuti ed una proposta di rollaggio del debito.
Questi sono giorni decisi, cui faranno seguito le decisioni attuative che verranno prese in sede di Eurogruppo/Ecofin.
Non nascondo il mio ottimismo, ma rammento che siamo seduti su un vulcano.

Grecia 1334 pb. (1326)
Irlanda 815 pb. (815)
Portogallo 689 pb. (693)
Spagna 233 pb. (234)
Italia 175 pb. (177)
Belgio 113 pb. (117)

 

[tommy271]

LAOS leader ponders party exiting Parliament



Giorgos Karatzaferis asks to meed with president to discuss potential withdrawal of MPs

Giorgos Karatzaferis the leader of the Popular Orthodox Rally (LAOS), created a stir on the Greek political scene on Wednesday by claiming that he is considering withdrawing his right-wing party from Parliament.
“I am seriously thinking about pulling LAOS out of Parliament in the hope that it will serve as a slap to a system that is in a comatose state,” he told Antenna TV.
The nationalists have 15 seats in the 300-seat Parliament and were his MPs to resign, it would lead to fresh elections having to be held in 12 of the country’s 57 constituencies. Karatzaferis said that he has asked for a meeting with President Karolos Papoulias as soon as he returns from a trip to Germany.
He also met with Parliament Speaker Filippos Petsalnikos and Defense Minister Evangelos Venizelos on Wednesday. The talks with Venizelos were of particular interest to political commentators as the minister had run against Prime Minister George Papandreou for the leadership of PASOK and is seen by some within the Socialist party as a potential successor to the current premier.
“The only concern of all political powers is for parliamentary institutions to be protected,” Venizelos said after the meeting, suggesting that Karatzaferis had simply put an “idea” forward and that everyone should wait for his meeting with Papoulias.
Karatzaferis appears to have sensed an opportunity for his party, which got 5.6 percent of the vote in the 2009 general election, to punch above its weight. He was willing to cooperate both with PASOK and New Democracy to agree on a package of austerity measures and economic reforms. But his overtures have been rejected by ND and the LAOS leader seems to have decided that the lack of consensus means the current Parliament cannot respond to the debt crisis facing Greece.






ekathimerini.com , Wednesday June 1, 2011 (23:24)

***
Sempre teso il dibattito tra le forze politiche.

 

[tommy271]

Fresh downgrade by Moody's

The government's efforts to streamline the country’s finances took another blow on Wednesday evening as Moody's rating agency downgraded Greece's local and foreign currency bond ratings deeper into junk status.
The agency cited an increased risk that the country will not be able to handle its debt problems without an eventual restructuring, downgrading its rating to Caa1 from B1 and maintaining its outlook as «negative.»
It also suggested that there is a 50 percent chance of a Greek default.
Apart from the increased risk of restructuring, the agency also cited «highly uncertain» growth prospects and missed targets in budget reforms.
Moody's argued that the government failed to meet some of its targets for 2010 and is likely to also miss some of those for this year.






ekathimerini.com , Wednesday June 1, 2011 (22:30)

 

[METHOS]

methos mi ci rode perche' come son fatto io se fossi cittadino greco andrei dai vecchi politici e gli ribalterei tutto poi passerei alle agenzie di rating se fa' default i greci sarebbero al lastrico pero' non me la piglierei con le persone che non c'entrano come fecero quei bastardi a luglio dell'anno scorso quando morirono 4 persone di cui 1 donna in stato interessante se vi ricordate bene

E lo sò. Ma purtroppo è sempre così quando accadono queste cose.

 

[tommy271]

Tense last-minute negotiations on measures



Talks between gov't, creditors said to trip on labor contracts as Moody’s downgrades Greece again

As government officials and representatives of Greece’s foreign creditors sought to finalize details of the government’s midterm fiscal program and privatization plan late on Wednesday amid reports of fresh obstacles in negotiations, Moody’s rating agency struck an unexpected blow to the process by downgrading Greece yet again.
In a written statement issued by the Finance Ministry minutes after the agency’s decision went public, Greek irritation with the timing of the move was clear.
“Moody’s decision to downgrade Greece comes as representatives of the EU, ECB and IMF are in Greece to evaluate the country’s economic program,” it said, referring to Greece’s creditors by their acronyms.
Citing an increased risk of Greece handling its debt problems without an eventual restructuring, Moody’s downgraded Greece to Caa1 from B1. The agency also referred to “highly uncertain” growth prospects and missed targets in budget reforms.
The ministry said Moody’s decision “had been influenced by intense speculation in the media” and that it ignored the Greek government’s commitments to meet its fiscal target and to accelerate its privatization program.”
Meanwhile, sources told Kathimerini that talks in Athens between government officials and visiting envoys -originally due to be concluded by tomorrow - had stumbled on a dispute over collective labor contracts. Labor Minister Louka Katseli reportedly objected to the officials’ demand that employers who do not sign up to collective labor contracts should not be bound by their terms. Katseli is said to have the backing of Prime Minister George Papandreou on this issue.
One point on which the government and its creditors were said to see eye-to-eye was on an ambitious privatization program, agreeing to bring forward several sell-offs planned for 2012 to this year and launching those slated for 2014 and 2015 by the end of next year. The new plan reportedly foresees the state selling a 21 percent stake in Athens International Airport (currently 55 percent state-owned) as well as its entire 34 percent stake in Hellenic Postbank and 40 percent of its 74 percent stake in the Thessaloniki Water Supply and Sewerage Company (EYATH).
The only privatization project actually under way is the sale of a further stake in OTE telecom.
Late on Wednesday, Papandreou’s office said the premier is to travel to Luxembourg tomorrow for talks with Prime Minister Jean-Claude Juncker, who is chairman of the Eurogroup council of European of finance ministers.






ekathimerini.com , Wednesday June 1, 2011 (23:29)

 

[tommy271]

Greek bond market closing report


(ANA-MPA) -- The yield spread between the 10-year Greek and German benchmark bonds rose slightly to 13.31 pct in the domestic electronic secondary bond market on Wednesday, from 13.25 pct on Tuesday, with the Greek bond yielding 16.31 pct and the German Bund yielding 2.99 pct. Turnover in the market totaled 41 million euros, of which 25 million were sell orders and the remaining 16 million euros were buy orders. The five-year benchmark bond was the most heavily traded security with a turnover of 14 million euros.

In interbank markets, interest rates were largely unchanged. The 12-month rate was 2.13 pct, the six-month rate 1.71 pct, the three-month 1.43 pct and the one-month rate 1.22 pct.

(ana.gr)

 

[tommy271]

Forex, dollaro debole su dati Usa, downgrade Grecia pesa su euro

giovedì 2 giugno 2011 08:09




TOKYO, 2 giugno (Reuters) - I deboli dati economici di ieri
dagli Stati Uniti pesano ancora sul dollaro, spingendo la valuta
sui minimi da un mese contro un paniere delle principali divise
internazionali .DXY.

L'euro si apprezza sul biglietto verde, ma rimane
decisamente al di sotto del recente massimo da un mese, a causa
del taglio del rating greco, di ben tre 'notch', deciso ieri
sera da Moody's.

"Guardando ai dati recenti, non credo che nessuno si aspetti
davvero numeri forti venerdì sull'occupazione Usa. Gli
investitori stanno già provando a prezzare i dati deboli di
domani, vendendo dollari" spiega Sumino Kamei, analista di Bank
of Tokyo-Mitsubishi UFJ. "Molto dipenderà dai rendimenti sul
debito Usa, se rimarranno depressi ancora o se la discesa di
ieri si rivelerà solo temporanea".

Alle 8,00 italiane il 'dollar index' risale in area 74,780
dopo essere sceso fino a 74,306, minimo da circa un mese. E il
biglietto verde si è riportato in seduta molto vicino al minimo
storico di 0,8383 di ieri sul franco svizzero CHF=, a 0,8413.

L'euro-dollaro EUR= tratta in area 1,4360 da 1,4321 della
chiusura di ieri, decisamente al di sotto dell'1,4459 visto
nell'ultima seduta.

Poco mosso il dollaro-yen JPY= a 80,95 da 80,85, mentre
l'euro-yen EURJPY= sale a 116,30 da 115,83.