希腊问题

ypm968

One last chance to change

The country missed a major opportunity last week. For a moment it seemed there was a chance that the major parties would collaborate and form a coalition government. Unfortunately, small-time party politicking prevailed and the opportunity was lost.

Papandreou’s new government has no right to fail, because an entire country will default if it does. It has to work as a unifying emergency government, dare to drastically reduce the fat of the wasteful state instead of taxing individuals indiscriminately, and come up with immediate measures for development and employment. Its mission will prove no easy task.

Nevertheless, our partners want to help Greece, or perhaps wish to keep the country from committing suicide. Evidently, this is Papandreou’s and PASOK’s last chance to change direction, correct the first term’s tragic mistakes and avoid bankruptcy and the ensuing social and political chaos.

ekathimerini.com , Sunday June 19, 2011 (22:09)  

ypm968

Agenda

MONDAY

Prime Minister George Papandreou to meet with European Commission President Jose Manual Barroso and Eurogroup President Jean-Claude Juncker in Brussels.

New Foreign Minister Stavros Lambrinidis to attend the Foreign Affairs Council of the European Union in Brussels.

The British Hellenic Chamber of Commerce and the Anti-Bureaucracy Movement are organizing a three-and-a-half-hour discussion on the subject of the bureaucracy that is plaguing the country and ways to fight it. Speakers will include prominent figures from the fields of business, administration and politics. The event will take place at the Athens Chamber of Commerce (7 Academias), starting at 5 p.m. (Info: www.bhcc.gr)

GENOP, the union of Public Power Corporation employees, starts rolling 48-hour strikes in protest at the government’s intention to sell a stake in the country’s power giant.

The Hellenic Statistical Authority (ELSTAT) is scheduled to issue data for April 2011 concerning the size of the Greek commercial fleet, industrial turnover, and new orders in industry.

The Hellenic American Union is to host the 6th International Athens Conference on Project Management - Best Practices 2011, at its Conference Center in Athens (22 Massalias), from 8.30 a.m. to 5.30 p.m. (Info: conferences.hau.gr)

TUESDAY

The PASOK government will be seeking a vote of confidence from Parliament in an open voting process at midnight.

The Finance Ministry will auction three-month treasury bills, with the aim of drawing at least 1.25 billion euros.

Alternate Foreign Minister Mariliza Xenogiannakopoulou will be representing Greece in the General Affairs Council of the European Union in Brussels.

Alpha Bank holds its regular general meeting, starting at 10 a.m.

The Financial Times Ltd is to hold an event titled “Shaping the Future of Healthcare in Greece,” at the Athenaeum Intercontinental Hotel. Keynote speakers include Health Minister Andreas Loverdos and government spokesman Ilias Mossialos. (Info: 210.661.7777, vkafiris@boussias.gr)

The 1st Posidonia Sea Tourism Forum opens at the Onassis Cultural Center in Athens, focusing on the potential of maritime tourism and its significance in the growth of the Greek economy, the Eastern Mediterranean region and the Black Sea. The event concludes on Wednesday. (Info: www.posidoniaseatourism.com)

The Politics & International Affairs Research Unit of the Athens Institute for Education and Research is organizing a public discussion titled “The Current Crisis in Greece and in the Other European Countries: Challenges and Prospects for a United Europe.” Starts at 1 p.m. at the Titania Hotel (52 Panepistimiou). (Info: 210.363.4210, info@atiner.gr)

The Hellenic Foundation for European and Foreign Policy, known as ELIAMEP, will be holding a public discussion in Greek, titled “Turkish Election Results and Turkey’s European Prospects,” at the European Parliament offices in Athens (8 Amalias), starting at 11 a.m. (Info: 210.725.7124, activities@eliamep.gr)

THURSDAY

The Hellenic Retail Business Association (SELPE), the Hellenic Marketing Academy and the Athens University of Economics and Business are organizing SELPE’s 8th Annual Conference, “The Road Map to a New Europe,” at 4 p.m. at 100 Pireos Street. (Info: www.selpe.gr)

SUNDAY

The Central Macedonia branch of the Technical Chamber of Greece is hosting an event titled “Greek Oil and Natural Gas: Reality or Myth?” at 5.30 p.m. at 49 Megalou Alexandrou Avenue in Thessaloniki. (Info: 2310.883.122)

ekathimerini.com , Sunday June 19, 2011 (22:25)  

lehldk

呵呵，一个国家不会破产，希腊人是幸福的破产。总比战争要好

aimei

I like here
so many to learn
Ding "希腊人是幸福的破产" =苦口良药

水明善

希腊问题刚刚出来时，WSJ有篇文章讲了这个国家的经济和生产率，那不是一般的差。
还是人太懒。
已经救助了，又不老老实实按救助协议办，拿了钱，不干事，还抗议。
不过估计法国最后还是会帮的，德国就很难讲了，所以一波三折，中国会出手吗。

olderfrog

希腊人当然要抗议，抵制各种丧权辱国的条约。破产是最好的选择。就像对许多美国人选择个人破产一样。

colderdown

回复 ctcld 的帖子

你再仔细读读，哪怕就是你给出那篇文章的倒数第3段？

ctcld

colderdown 发表于 2011-6-20 11:06
回复 ctcld 的帖子

你再仔细读读，哪怕就是你给出那篇文章的倒数第3段？

老冷，这是历史事件，没啥好争的。
http://www.soundsandcolours.com/ ... termath-of-default/


Argentina's Debt Default
Appears in: Government Bonds Background:
Although it was once the darling of investment banks and the International Monetary Fund, in 2001 the country suffered a lengthy recession that culminated in the government halting debt repayments to its private creditors—a default on some US$95 billion in government debt, the largest sovereign default in history. A highly overvalued, fixed 1-to-1 exchange rate from 1991 and an excessive amount of foreign debt were the two primary causes of the Argentine crisis. The negative trade imbalance caused by an expensive local currency made it impossible for the country to earn the foreign reserves needed to pay the interest on its foreign debt. Argentina had to keep borrowing to pay interests, causing the debt to grow ever larger, eventually reaching 50% of GDP by late 2001. As became evident, Argentina could no longer borrow to meet its obligations and the government was forced to default and to devalue the peso, abandoning its former parity with the U.S. dollar in January 2002. The move essentially shut Argentina out of international markets and slowed the flow of investment into the country, with many creditors filing lawsuits against the government in courts. Eventually, the government struck a deal in 2005 to pay back approximately 75% of debt-holders at a deeply discounted rate of 30%. In June 2010, Argentina tried to restructure what remained of the debt with similar conditions to the one in 2005. This debt swap had a participation rate of approximately 70%, which, added to the previous restructuring, led to a total level of 90%. In order to gain total access to international capital markets, Argentina needs to settle its outstanding debt with the Paris Club nations—approximately US$7.5billion. On November 15, President Fernandez announced that the Argentine government and the Paris Club reached an agreement to start the renegotiation of the debt, on the condition—proposed by Argentina and accepted by the Paris Club—that there would be no intermediation by or presence of the IMF in the process.

colderdown

回复 ctcld 的帖子

I think it is more like resturcturing? Anyway, I think it was still a default, literlly. My bad.

shoujie

http://www.cnn.com/video/live/live.html?stream=stream3?hpt=hp_t2