Για να μην ξεχνιόμαστε επειδή μερικοί προσπαθούν ακόμα να μας πείσουν ότι για όλα φταίει η ΝΔ. Ας θυμηθούμε λοιπόν τι του έλεγαν του Παπακωνσταντίνου οι ξένοι πχ. τον Φεβρουάριο όταν ακόμα και τότε το μόνο που είχαν στο νού τους ήταν να κατηγορήσουν τον Καραμανλή που τους παρέδωσε τον "Τιτανικό":
Greek Bonds Fall as Minister Compares Task to Steering Titanic
Feb. 15 (Bloomberg) -- Greek government bonds fell after Finance Minister George Papaconstantinou said his country is in a “terrible mess” and compared fixing the nation’s deficit to changing “the course of the Titanic.”
Greek two-year notes fell for the first time in five days after Papaconstantinou, speaking at a conference in Brussels today, said his nation’s “public sector is out of control” as unions for government employees plan strikes. Work stoppages last week shut down schools and hospitals and grounded flights.
“He really shouldn’t say things like that,” said Jamie Stuttard, head of European fixed income at Schroder Investment Management Ltd. Politicians “have to be careful because they are the equivalent of CEOs and CFOs of companies, and investors are deciding whether to go long or short their debt when listening to them,” he said.
The yield on the 10-year bond rose 7 basis points to 6.21 percent as of 4:57 p.m. in London today. The two-year bond yield increased 3 basis points to 6.14 percent after earlier climbing as much as 8 basis points.
The European Union’s top economics official, Olli Rehn, said today Greece should take more measures to cut the region’s largest budget deficit as evidence emerged that the nation may have used swaps to mask its swelling debt. European finance ministers met today to review Greece’s deficit plan, facing pressure from investors to spell out the concrete measures they will take to rescue the country if it fails to convince markets it can control its swelling debt load.
The EU statistics office set an end-of-February deadline for Greece to provide more information on the swaps arrangements with securities firms, which do not necessarily break EU rules, EC spokesman Amadeu Altafaj said.
Greek two-year notes fell for the first time in five days after Papaconstantinou, speaking at a conference in Brussels today, said his nation’s “public sector is out of control” as unions for government employees plan strikes. Work stoppages last week shut down schools and hospitals and grounded flights.
“He really shouldn’t say things like that,” said Jamie Stuttard, head of European fixed income at Schroder Investment Management Ltd. Politicians “have to be careful because they are the equivalent of CEOs and CFOs of companies, and investors are deciding whether to go long or short their debt when listening to them,” he said.
The yield on the 10-year bond rose 7 basis points to 6.21 percent as of 4:57 p.m. in London today. The two-year bond yield increased 3 basis points to 6.14 percent after earlier climbing as much as 8 basis points.
The European Union’s top economics official, Olli Rehn, said today Greece should take more measures to cut the region’s largest budget deficit as evidence emerged that the nation may have used swaps to mask its swelling debt. European finance ministers met today to review Greece’s deficit plan, facing pressure from investors to spell out the concrete measures they will take to rescue the country if it fails to convince markets it can control its swelling debt load.
The EU statistics office set an end-of-February deadline for Greece to provide more information on the swaps arrangements with securities firms, which do not necessarily break EU rules, EC spokesman Amadeu Altafaj said.