Παρασκευή 7 Μαρτίου 2008

What happens in the Greek market of money and capital do not happen nowhere in the wold.

The country has been broken away from the remainder world exajtj'as the strike of employees of Bank of Greece. Workers which in their sector are even considered particularly encouraged with their strike mobilisations have accomplished unfortunately they dissolve the country. It appears that certain they dream a country pray risky and populist trade-union practices. The grant, the market of obligations, the interbank, system of payments of state but also entire the chrematistic economy are found pray one of small minority. The reliability of Bank of Greece, the physiognomy of country in the abroad but also the prestige of Greek financier system collapsed and henceforth enough with difficulty will be recovered. Specifically in the grant of where the 52% of action are found in the hands of foreigner investors the things they will be enough with difficulty since it is unthinkable for the foreigner institutional investors they have action and they cannot him manage. Their hemming consequence of trade-union practices will have big price. The account will be paid with sale of action and removal from the Greek market with that this involves for the course of action. Moreover the place of Greek Stock Exchange market in developed which from September 2007 takes place under follow-up is found under sect and the more likely script is the house of evaluation FTSE will degrade the domestic market in developing in the means of this year's spring. This will rehabilitate from the things the investment policy of international capital to weight of our country. Equally important they will also be also the repercussions in the market of obligations. In 2007 ejse'rreysan in our country perj' the 25,7 billions of Euros for purchases of titles of Greek state, roughly double than corresponding 2006.. With those who they take place the last days it should you consider datum that the international capital will revise enough his investment policy for our country consequently if it is not withdrawn it asks bigger premium thing that means higher interest-rates. The dissolution that we demonstrated as state will be paid. Ugly is that the account of dissolution they will be called to pay all the eynomoy'menoj citizens and no these few that dream they change the country in mpananj'a. It appears that certain syndicalists have strevli' impression of their role in the Greek society. Enough from them they cannot exceed the make that they have ceased henceforth syndjojkoy'n as it happened the decades the ' 80 and the ' 90. Greece belongs in eyrwzw'ni having leaves behind her one budgetary ' and administrative past that was full partisanship of populism and demagoguery. The future unfortunately for certain partisans of past cannot build with terms that are not adopted by the international community.
LEKKAS SARANTOS -ECONOMIST -7/3/2008

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