Το πώς θα την βαφτίσουμε δεν έχει σημασία...

Η Ελλάδα δεν μπορεί να αποφύγει την πτώχευση...
Από το "press-gr"


Το πώς θα την βαφτίσουμε δεν έχει σημασία
Ας μην έχουμε αυταπάτες. Οι περισσότεροι αναλυτές μιλούν για πτώχευση της Ελλάδας. Και δεν είναι απαραίτητα «εχθροί» μας. Απλά βλέπουν την πραγματικότητα.
Το παρακάτω άρθρο (26/10) από το Bloomberg είναι ξεκάθαρο. Άραγε οι Ελληνικές τράπεζες για ποιόν (πραγματικό) λόγο κάνουν αυξήσεις μετοχικού κεφαλαίου;
From Bloomberg:
Greece is likely to... default over the next three years because budget-cutting won't be enough to reduce the nation's debt burden.
It's in Greece's interest to default "as long as you can contain the contagion to other countries and it is done through orderly restructuring and repricing to retain competitiveness," El-Erian said at a conference sponsored by the Economist magazine in New York yesterday. Like Latin America's "lost decade" in the 1980s, "the alternative doesn't promise growth and employment generation," he said.
The extra yield, or spread, investors demand to hold Greek debt instead of similar-maturity German bonds jumped to a two-week high today. The European Union and International Monetary Fund approved a 110 billion-euro ($153 billion) aid package on May 2 in exchange for Greece agreeing to cut public-sector wages and pensions and raise taxes on fuel, alcohol, and cigarettes.
"Greek bonds have been under pressure since El-Erian's comments," said Orlando Green, assistant director of capital-markets strategy at Credit Agricole Corporate & Investment Bank in London. "The near-term picture doesn't look so bad for Greece, but it's a long journey ahead."
Europe's sovereign-debt crisis erupted at the end of 2009 after Greece's newly elected socialist government said the budget deficit was twice as big as the previous administration disclosed. Irish, Portuguese, and Spanish bonds slumped on concern that Greece's crisis would be followed by other fiscal problems on Europe's periphery.
'Heroic' Target
The Bank of Greece today said the nation must push ahead with its deficit-reduction plan. "Fiscal consolidation must now move at a much faster pace, with drastic limitation in public-sector waste," the central bank said in an e-mailed report.
Prime Minister George Papandreou has promised austerity measures amounting to 11 percent of gross domestic product, according to IMF data.
"I have never seen an 11 percent adjustment on the fiscal side being delivered" under the current program's assumptions, said El-Erian, who worked at the IMF for 15 years. "Eleven percent is heroic."