zhongxinwang, April 15, according to Taiwan the economic times quoted foreign news agencies reported that Germany Shuo Buller in when interviewed by the media in Iraq, Finance Minister, admitted for the first time Greece might have to restructure debt, symbol of European debt crisis could enter a new stage. Greece bonds colonization rates 14th surged to record high since the opening of the euro; guaranteed Greece debt default stood unprecedentedly high-cost, other surrounding countries debt-servicing costs synchronization goes up. European shares tumbled more than 1%, the euro fell against the dollar.
Shuo Hible 14th interviewed said that if the European Central Bank, the European Union Executive Committee and the International Monetary Fund (IMF) in June in the audit report and determined that Greece cannot debt to take "further measures". This is the first time a senior eurozone officials revealed that Greece might have to take some form of composition.
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G20 look prevention crisis plan research economic recovery face of risk euro and dollars Lee difference or expanded RMB exchange rate insurance keep 6.53 mark concerns debt problem deterioration euro disk in the diving Singapore gold tube Council again tightened currency policy Europe debt crisis will by control Euro heavy picker rally dollars fell configuration dollars assets in the Nick of time [RMB premium][market Center]Shuo Hible said In 2013, eurozone bailout mechanism in the years before the start, Greece might have to restructure debt, because the creditor cannot be forced to accept the loss.
Europe's major stock market decline in the 14th over 1%, depreciation of the euro against the US dollar most $ 0.54% to $. Greece colonization rates reached 10-year government bonds broken 13%, for the highest level since the euro enabled; guaranteed Greece costs rise of sovereign debt default, sovereign credit default swap (CDS) carry by 13 basis points, to unprecedented highs of 1,060 basis.
Portugal colonization rates of 10-year government bonds rose to unprecedented highs, Spain, and Italy Paragonimus bonds interest rates sharply higher.
Greece nearly a year ago the European Union and IMF bail out 110 billion euro (US $ 157 billion), became the first to receive relief of eurozone members. The European Central Bank (ECB) and the Executive Committee of the European Union has always been refuted Greece rumors must restructure debt, worry about deepening debt crisis in Europe, even impacting other fragile economies. Greece public debt is currently up to 340 billion euro (US $ 492 billion).
reported that Greece needs debt restructuring has been a taboo topic of eurozone officials, but last week Germany weekly der Spiegel disclosed, eurozone finance ministers in Conference call on April 2 to discuss Greece debt restructuring issues, rumors again flee hither and thither. Rumoured several Finance Ministers questioned Greece's ability to from the beginning of 2012, financing for the financial markets on a journey.
Greece economy following last year's contract after the 4.5%, 3% predicting recession this year, and tax evasion issues cause a shortage of revenue, deepen investor fears.
comments on Agency standard and poor's (S&P) keruima says European debt assessment departments, Greece debt restructuring may write off the debt amounted to 70%.
keruima said: "the extension of the loan period is of course helps relieve Greece burden on the Government, but it seems to us or to the majority of investors, this debt defaults and no different. ”
