Wednesday, January 28, 2015

Greece to Suggest New Deal to European Creditors

Greek Finance Minister and member of the Syriza party, Yanis Varoufakis, has plans for a new deal with Greece’s European creditors, he said at a ceremony to handover responsibilities at the Finance Ministry Wednesday...

"Our suggestion is a new deal with Europe that will bring a new opportunity for economy development. We will discuss these questions with the European Central Bank, colleagues from other countries as soon as possible," Varoufakis said.

The finance minister added that he is going to enter into negotiations with the president of Eurogroup Jeroen Dijsselbloem, who is arriving in Athens on Friday.

"We are changing the logic of fighting the big debt problem," Varoufakis stressed.
Earlier on Wednesday, Greek Prime Minister Alexis Tsipras said during his first cabinet meeting that he plans to negotiate the country's $270 billion bailout debt with creditors.

In 2010, the troika of international creditors: the European Commission, the International Monitory Fund and the European Central Bank, agreed a $146 billion bailout package for Greece to prevent a default on its large debt.

The Syriza party, or the Coalition of the Radical Left, won Sunday's parliamentary elections in Greece with 36.34 percent of votes. The party secured 149 seats, two seats short of a parliamentary majority.

In its pre-election promises, Syriza pledged to put an end to the country's painful austerity plan and to resolve the issue of its debt with its EU partners.
  http://sputniknews.com/business/20150128/1017461940.html
28/1/15
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2 comments :

  1. Der radikale Kurswechsel der neuen Regierung in Athen hat am Mittwoch Panikverkäufe an den griechischen Börsen ausgelöst....

    Der frisch gekürte Ministerpräsident Alexis Tsipras zerstörte die Hoffnungen der Börsianer auf einen Einstieg privater Investoren bei Staatskonzernen und schürte die Angst, dass die internationalen Partner den Geldhahn zudrehen könnten.

    Der griechische Aktienindex stürzte daraufhin um rund acht Prozent bis auf ein Zweieinhalb-Jahres-Tief von 716 Punkten ab. Das war der größte Kursrutsch seit dem endgültigen Scheitern der griechischen Präsidentenwahl Ende Dezember.

    Besonders dramatisch fiel der Wertverlust bei Finanztiteln aus: Der griechische Bankenindex brach um fast 25 Prozent ein und damit so stark wie noch nie. Die Marktkapitalisierung der dort gelisteten größten Banken des Landes schrumpfte auf zusammengerechnet rund elf Milliarden Euro zusammen. Damit sind sie momentan an der Börse weniger wert als die Commerzbank alleine.

    Investoren stellten sich auf das Schlimmste für den Sektor ein, erläuterte OTAS-Analyst Simon Maughan. Das wäre, wenn die Europäische Zentralbank die von den Banken gehaltenen Wertpapiere nicht mehr als Sicherheiten für Kredite akzeptieren würde. Damit würde ihnen der Geldhahn zugedreht. „Und eine Bank ohne Geld ist keine Bank.“ Im Markt herrschten panikartige Zustände. „Viele Investoren wollen raus, um jeden Preis.“....................http://www.handelsblatt.com/finanzen/boerse-maerkte/marktberichte/tsipras-laesst-kurse-abschmieren-panikverkaeufe-in-athen/11293308.html
    28/1/15

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  2. Greece will seek a “fair, mutually beneficial” deal with its EU creditors on renegotiating its multi-billion bailout and huge debt, newly-elected Prime Minister Alexis Tsipras said Jan 28...

    Among Greece’s priorities is “a new renegotiation with its peers in search of a viable, fair, mutually beneficial solution,” Tsipras said at his cabinet’s inaugural meeting.

    The 40-year-old premier added that his administration was one of “national salvation” that was ready to “bleed” to restore his nation’s battered dignity.

    The new left-wing government that stormed to power in Jan. 25’s general elections insists that recession-hit Greece cannot recover without a generous debt reduction and an end to austerity cuts.

    German Economy Minister Sigmar Gabriel yesterday urged the new government in Greece to show “fairness” to fellow citizens in Germany and Europe who have helped bail out the crisis-ridden country.

    Athens “should show some fairness to the people in Germany and the eurozone who have demonstrated solidarity” towards Greece, Gabriel told reporters after Greece’s radical new Prime Minister Alexis Tsipras warned that it would no longer blindly submit to the EU and demanded a “fair” deal with its creditors...............http://www.hurriyetdailynews.com/greece-will-seek-mutually-beneficial-fair-eu-deal-pm.aspx?pageID=238&nID=77572&NewsCatID=351
    28/1/15

    ReplyDelete

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