<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          World Business

          Euro governments offer Greece 30b-euro backstop

          (Agencies)
          Updated: 2010-04-12 14:56
          Large Medium Small

          BRUSSELS: Trying again to halt a debt crisis that has hammered the euro, fellow eurozone governments tossed struggling Greece a financial lifeline Sunday, saying they would make 30 billion euros ($40.91 billion)?in loans available this year alone — if Athens asks for the money.

          The International Monetary Fund (IMF) stands ready to chip in another 10 billion euros, said Olli Rehn, the EU monetary affairs chief.

          The promise — filling in details of a March 25 pledge of joint eurozone-IMF help — was another attempt to calm markets that have been selling off Greek bonds in recent days.

          Markets viewed the March pledge as too vague and carrying such tough restrictions that Greece could not easily get the money. As a result, investors demanded high rates to loan to the government as it struggles to avoid default — rates the government says it can't go on paying. Greece has some 54 billion euros in debt coming due this year and a huge budget deficit.

          In an emergency video conference, the finance ministers of the 16-eurozone nations agreed on a complex three-year financing formula that generates an interest rate of "around 5 percent."

          This is less than commercial market rates — which have soared above 7 percent on Greek 10-year borrowing in recent weeks as the debt crisis dragged on — but more than beneficiaries of IMF usually pay. European Central Bank president Jean-Claude Trichet and German Chancellor Angela Merkel have insisted that Greece not get below-market interest rates amounting to an EU subsidy for its past bad behavior.

          "This is certainly no subsidy" to Greece, Rehn told a news conference.

          The test of Sunday's announcement will be whether it restores confidence that Greece will not default and gives it a chance to borrow normally at lower rates. Under last week's rates, Greece would have had to pay more than twice what Germany pays.

          The danger is that interest payments themselves begin to sink the budget despite severe cutbacks imposed in recent days. A Greek default would be a serious blow to the euro, rattle markets and inflict losses on European banks that have bought Greek government bonds.

          Greek Finance Minister George Papaconstantinou said Greece had not asked for the plan to be activated, and still hoped to borrow on markets rather than seeking a rescue.

          "The Greek government has not asked for the activation of the mechanism, even though this is already immediately available," Papaconstantinou said in Athens. "The aim is, and we believe we will continue to borrow unhindered on the markets."

          Officials, speaking privately, told The Associated Press they first want to see how markets react on Monday.

          European Commission President Jose Manuel Barroso said the pledge of cash for Greece showed the 16 euro-zone nations will defend Europe's single currency and help a partner in trouble.

          "It shows that the euro area is serious in doing what is necessary to secure financial stability," Barroso said in a statement.

          "I am convinced that it will help Greece to continue vigorously correct public finances imbalances and to deliver the necessary structural reforms."

          Rehn said the loan deal will be "the clarification that the markets are waiting for."

          Those markets, however, have so far ignored repeated EU claims of support for Greece causing commercial lending rates for Athens to go to 7 percent and more in recent weeks.

          At two summit meetings — one in February and one in March — the EU leaders made determined noises about their readiness to end the Greek debt crisis.

          But the terms were tough, with Greece needing approval of all 15 other eurozone governments and only if it could not borrow any other way. German fears a bailout with soft loans will only rile German public opinion which already takes a dim view of Greece's financial housekeeping.

          Related readings:
          Euro governments offer Greece 30b-euro backstop ECB head tries to calm down worries on Greek debt crisis
          Euro governments offer Greece 30b-euro backstop Avoid risky Greek debt buy, says Yu
          Euro governments offer Greece 30b-euro backstop US stocks jump on hopes for Greece debt aid
          Euro governments offer Greece 30b-euro backstop Greek FM says no risk of nation defaulting on debt

          EU and IMF officials will meet Monday to work out details of IMF and EU lending for 2011 and 2012, especially on amounts and loan conditions. Officials estimated that over a three-year period Greece was being offered a total of euro80 billion in financial aid by the EU and the IMF.

          Greece has been spending beyond its means for years, leaving it with a 2009 budget deficit of 12.9 percent of economic output. The revelation of its statistics fudging has slammed the euro and gutted market confidence, fueling higher borrowing costs.

          Athens plans to cut its deficit to 8.7 percent this year and has launched a euro4.8 billion austerity program cutting public sector wages, freezing pensions and hiking taxes.

          主站蜘蛛池模板: 精品熟女少妇av免费久久| 男女猛烈拍拍拍无挡视频| 国产偷拍自拍视频在线观看 | 国产亚洲精品第一综合另类| 亚洲欧洲日韩国内高清| 国产成人不卡一区二区| 国产精品白浆在线观看| 精品日本乱一区二区三区| 少妇潮喷无码白浆水视频| 884aa四虎影成人精品| 青柠影院免费观看高清电视剧丁香| 亚洲激情一区二区三区视频| 日本一区二区三区后入式| 天天做日日做天天添天天欢公交车 | 小13箩利洗澡无码视频网站| 国产91在线|中文| 亚洲综合91社区精品福利| 亚洲人妻中文字幕一区| 一本色道婷婷久久欧美| 国产xxxxx在线观看免费| 日本一级午夜福利免费区| 亚洲欧洲日韩国内精品| 樱花草在线社区www| 欧美变态另类zozo| 美腿丝袜亚洲综合在线视频| 377p日本欧洲亚洲大胆张筱雨| 久久男人av资源站| 国产在线精品一区二区在线看| 国产精品一区二区三区黄色| 国产成人亚洲欧美二区综合| 国产超碰无码最新上传| 亚洲高清国产拍精品5G| 日本在线一区二区三区四区视频| 116美女极品a级毛片| 少妇做爰免费视频网站| 国产中文字幕在线精品| 清纯唯美制服丝袜| 国产成人人综合亚洲欧美丁香花| 国产精品男人的天堂| 国内精品亚洲成av人片| 永久免费无码av在线网站|