Milan, February 5, 2015 – Athens pulls straight despite the cold shower of the ECB has decided not to accept more government bonds as guarantee of funding for banks in the country. But not enough the government assurances that the move of the ECB will have no impact on the financial system to prevent the loss of the stock. It should also hurt the encounter between Schaeuble and Varoufakis , with Finance Minister greek inviting his counterpart greek working with the troika and Tispras that answers that the body “is completely finished.” The IMF , even tougher, does know that the program “will go to avoid contagion.”
reassurances – “ Greece does not accept them and blackmail , “said government spokesman Gabriel Sakellaridi Athens. “ In any case, the decision of the ECB, to stop accepting Greek government bonds, will a negative impact on the financial system of the country”, reiterates the Ministry of Finance greek. The banking system remains protected through access to liquidity through the Emergency Liquidity Assistance (ELA). The deposits in Greek banks are “absolutely safe”, points out Governor of the Greek central bank , Yannis Stournaras.
MALE MEETING SCHAEUBLE-VAROUFAKIS – “ We talked a lot and so intense. Not with full agreement but would not be convincing, “says Wolfgang Schaeuble , in Berlin, with colleague greek Varoufakis , arguing that it is the common commitment to the European integration of the two peoples traditionally friends. “I been made much progress but much remains to be done,” he continues. “We agreed in the disagree with us.” With this joke Finance Minister Germany wanted to synthesize the atmosphere of the meeting with his counterpart. “Greece has to work with the IMF, the ECB and the European Commission”, that is, with the three institutions with which he faced the aid program, Schaeuble added.
“There was an agreement and we have not found the solution but we want to work the problems to partner ,” says Varoufakis. The intention is to find a solution for Europe. “ We are willing to deal. We are a chance for Europe. We have great support in the greek people, Use us to start new chapter history of the EU. ” “We will do everything we can to avoid default,” – he adds – “We need more help from the political and moral European partners “. Varoufakis, during of his conversation with his German colleague, Wolfgang Schaeuble, proposes a “bridge program here at the end of May.”
Tsipras – “ The troika is completely over,” responds Tsipras talking to members of the parliamentary group of SYRIZA (radical left) met in Athens. “ In just a week the government – added Tsipras – we gave hope to the people that greek has suffered a lot and identity to the country, which is today recognized all over the world. Our country has become the positive reference point in Europe. Our government represents the values that have become the subject before. It is a Europe of the peoples and of solidarity. ” “L in Greece is no longer the poor partners listening to sermons,” he continues. “ We will respect the will of the people greek. We are waiting for pr oposals of Germany from which we have not yet heard nothing concrete.”
IMF – “ The program for Greece is done to help the government greek and the greek people. And at the same time for avoid any risk of infection . Continue on this road will bring benefits to Greece and the rest of Europe, “says International Monetary Fund, that is said “ ready to discuss ideas, proposals and direction the policies of the new government” greek.
Renzi – also spoke premier Renzi, who defends the decision of the ECB. “ Central Bank decision European Union on Greece is legitimate and appropriate , since puts all subjects in the field around a table, “he says. “In a direct comparison, and positive for a Union that – going over a bureaucratic conception all directed to austerity – is able to respect and ensure respect the commitments and to look with greater confidence and determination to a horizon that European growth and investments, “added the president of the board.
POPE FRANCIS – Francis Pope calls for “confidence in the future”, to counter “the so-called culture of pessimism”. And turning in a message to the country’s bishops, urges them to “constructive relations with the authorities of your country, as well as with the various components of the company, in order to spread this perspective solidarity, in an attitude of dialogue and collaboration with other European countries. “
Hollande – “ I told Tsipras’ go find Chancellor , because it is what you must do when you belongs to a community. And you will receive, “says French President Francois Hollande that has received the premier greek yesterday afternoon at the Elysee. “I told Tsipras that must respect the rules,” reiterated the president Socialist, remembering that he was not “the first” to welcome the new prime minister in Athens. Previously, Tsipras is had already traveled to Cyprus, to Rome by Matteo Renzi and Brussels from European Commission President Juncker. The decision of the European Central Bank to block refinancing ordinary Greek banks “is legitimate,” adds Holland e. For the head of state, the move of Eurotower “induces Greeks and Europeans to get around a table”.
MARKETS – The Stock Exchange Athens closes decided drop . The index has Ase lost 3.37% after crashing in the opening to -9%. Down the banking with Piraeus Bank that gives 14.9%, 12.9% and Attica Bank National Bank of Greece 12.3 percent. Even the and European stocks confirm the weakness in the final session with the declines of banking and utility. The index of area Stoxx 600 moves slightly below parity as well as London (-0.03%) and Paris (+ 0.07%). Frankfurt lost a quarter point while Madrid touches a drop of around 1 percent. Milan gives, however, with the FTSE MIB 0.76% with sales that are confirmed on Telecom (-3.49%), Enel (-3.12%) and Enel Gp (-2.9%). At the other end of the list runs Saipem (+ 2.1%).
No comments:
Post a Comment