36 名前:日出づる処の名無し[sage] 投稿日:2010/04/09(金) 17:23:32 ID:StHLZjnYクルーグマンのブログ、ギリシャ経済の見通しについて。クルーグマンも、大変悲観的な見通しを書いていて
ギリシャはいずれディフォルトするしかないという。現在のギリシャ国債のスプレッドはあまりに高いもので、
ギリシャ経済がその支払いに耐えられない。ある時点まではギリシャの経済を助けていたユーロは、現在で
はギリシャの経済回復を極めて困難にする足かせであるという。
http://www.nytimes.com/2010/04/09/opinion/09krugman.htmlLearning From Greece By PAUL KRUGMAN Published: April 8, 2010
The debt crisis in Greece is approaching the point of no return. As prospects for a rescue plan seem to be fading,
largely thanks to German obduracy, nervous investors have driven interest rates on Greek government bonds
sky-high, sharply raising the country’s borrowing costs. This will push Greece even deeper into debt, further
undermining confidence. At this point it’s hard to see how the nation can escape from this death spiral into default.
・・・
Unfortunately, Greece can’t expect a similar performance. Why? Because of the euro.
Until recently, being a member of the euro zone seemed like a good thing for Greece, bringing with it cheap loans and
large inflows of capital. But those capital inflows also led to inflation ? and when the music stopped, Greece found
itself with costs and prices way out of line with Europe’s big economies. (ry
▼ 67 名前:日出づる処の名無し[sage] 投稿日:2010/04/09(金) 21:25:57 ID:1ut+uNj7>>36
やはり耐え切れないのですかのぅ。
耐え切ったとしても、という気はしますし、
なんだかEU,ユーロというものはなんだったのか、と。
68 名前:日出づる処の名無し[sage] 投稿日:2010/04/09(金) 21:33:29 ID:StHLZjnY [21/26](FTアルファビレから)
http://ftalphaville.ft.com/blog/2010/04/09/199351/a-greece-y-weekend-for-markets/Posted by Tracy Alloway on Apr 09 10:21.
On Friday, UBS economists led by Stephane Deo think we might get an IMF intervention as soon as this weekend:
UBSのエコノミスト、Stephane Deoは、この週末にもIMFのギリシャ介入があり得ると考えているWe have always been cautious on the ability of Greece to meet its financing needs during Q2 without any external
assistance. In our view, the recent market action means that an external intervention may be unavoidable and could
happen very soon as the situation is untenable. We think an intervention over the week end is a distinct possibility.
Might as well, really. The IMF is already in Athens on a technical visit.
実際にIMFはアテネを技術的調査のために訪問している
Reading the UBS note gives one a distinct sense of urgency, however.
According to the analysts Greece could run out of cash within the next two weeks, based on its bond schedule, as
viewable here:(ry
これらの推測の出てくるのは、今後2週間以内に国債の(償還)スケジュールからギリシャがキャッシュ不足になり得る
という観測のあるため
If that seems extreme, just remember that other analysts are prepping their clients to prepare for a Greek bond
default. UBS doesn’t think that’s a very big possibility in the short-term but it’s one Hellenic-helluva-gamble, given
Greece is still publicly saying it doesn’t need a bail out at all.
銀行のアナリストはクライアントのためにギリシャ国債のディフォルト発生時に備えた準備をしている。UBSはディフォルト
発生の可能性が、短期的に高いとは考えていないが、ギリシャ政府は依然として(IMFなどの)救済は不要と言い張って
いて、ギャンブルのゲーム中。
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