欧债危机首次威胁德国 默克尔有意踢走希腊(组图)

y5kRainbow Mandarin 彩虹汉语

y5kRainbow Mandarin 彩虹汉语

愈演愈烈的欧债危机中，德国一直被认为是欧元区维持稳定的最后堡垒，但国际知名投资公司从德国国债市场撤回的消息，却向这个国家发出了危险信号。y5kRainbow Mandarin 彩虹汉语

尽管欧债危机不断，但德国的经济却获得连续增长，失业率保持低水平，出口贸易额也在不断增加，金融风险评估公司对该国一直保持最优级评价，相较于西班牙以及意大利国债的高利率，德国近期实现贷款零利率。y5kRainbow Mandarin 彩虹汉语

然而世界最大国债投资公司Pimco13日却宣布撤出德国国债市场。该公司德国负责人对媒体说，“由于风险增加，德国国债丧失了质量”。风险来自德国在欧元区承担的最高抵押。该公司称，在欧元拯救基金中，联邦财政投入大量财力，加上由此连带的其它损失，正在成为这个国家的巨大负担。y5kRainbow Mandarin 彩虹汉语

Pimco称在投资国债时首先关注其偿付潜力，利润还在其次。如果需要的话甚至倒贴钱也会投资。德国国债利润微薄甚至没有利息，但不是该公司撤资的主要原因，欧元危机带来的风险目前已成为决定性的。如果希腊或者是葡萄牙无法偿还拯救基金的债务，德国的赤字将直线上升，自然同时降低了偿付能力。y5kRainbow Mandarin 彩虹汉语

欧债危机从本周初开始恶化。欧盟将对西班牙银行界注资1000亿欧元的消息，虽然短暂缓解了金融市场压力，但目前西班牙国债的利息又出现只升不降的状况。意大利也不得不提供较高利息出售国债，5月以来，该国一年期国债利息上升了一倍。据美国JP Morgan银行提供的数字，到2014年，意大利必须融资6700亿欧元用以还贷，以欧元拯救基金的容量完全无法消化这个数字，并且从目前的经济状况来看，该国正逐渐走向无力还贷的地步。y5kRainbow Mandarin 彩虹汉语

即将举行的希腊大选更为欧元前途带来了不定数。如果希腊新政府藐视欧盟以及国际货币基金组织的规则，结果只能是退出欧元区。而如果欧元伙伴希望该国留下，则必须进行一些妥协，结果将是欧元区原有规则成为废纸。y5kRainbow Mandarin 彩虹汉语

希腊退出欧元区，以及西班牙接受拯救基金援助，最大的受害者即为德国，该国为拯救基金所做抵押将上升到33%y5kRainbow Mandarin 彩虹汉语

y5kRainbow Mandarin 彩虹汉语
德国总理默克尔:有意踢走希腊?y5kRainbow Mandarin 彩虹汉语

y5kRainbow Mandarin 彩虹汉语
6月13日，英国媒体爆料称，欧债危机逐渐失去控制，德国总理默克尔有意让希腊退出欧元区。现在，欧元区的官员正在讨论希腊退出后的应急措施。但一些经济学家警告称，希腊出局将引发欧元市场再次动荡，导致整个欧洲再次陷入经济衰退。y5kRainbow Mandarin 彩虹汉语

德国：杀鸡儆猴？y5kRainbow Mandarin 彩虹汉语

英国《每日邮报》6月13日报道称，随着欧债危机的情况不断恶化，为了说服德国选民同意对欧元实施援助计划，德国总理默克尔欲让希腊退出欧元区。现在，欧元区的官员正在讨论希腊退出后的应急措施，比如限制ATM取款金额、实行边境检查和欧元区资本控制等措施。在希腊退出问题上，英国也选择站在德国一边。英国财政大臣奥斯本6月12日向默尔克建议，应着手准备让希腊退出欧元区，以此向德国选民证明，要不惜一切代价避免欧元区解体。然而，英国财政部却坚持表示，奥斯本没有发表过任何关于有可能将希腊赶出欧元区的言论。y5kRainbow Mandarin 彩虹汉语

一些政客们表示，德国之所以有意让希腊退出，是因为在西班牙获得1000亿欧元救助银行的资本后，重债国都要求“西班牙待遇”，试图彻底废除紧缩计划。这让德国处于一种尴尬地位。法国马赛商学院国际金融副教授Laurent Estachy在接受《国际金融报》记者采访时表示，西班牙的救助资金最终不会有效果，势必会引起欧洲民众更为强烈的不满情绪，这意味着德国的财政统一政策会半途而废。y5kRainbow Mandarin 彩虹汉语

事实上，偌大的欧盟肯定能确保希腊不退出，毕竟希腊经济分量仅占欧盟GDP的2%左右。但为了平息成员国抱怨情绪，有一种说法认为，默克尔想通过希腊退出警告其他国家，以便为她倡导的紧缩政策和结构性改革鸣锣开道。y5kRainbow Mandarin 彩虹汉语

6月17日，希腊即将进行第二次议会选举。劳埃德银行的首席经济学家Trevor Williams认为，如果反对紧缩措施的左翼政党赢得大选的话，希腊很可能迅速退出欧元区。即使支持紧缩派的政党联盟获胜，也不会乖乖听德国的指挥。y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
欧元区：放宽要求y5kRainbow Mandarin 彩虹汉语

劳埃德银行的首席经济学家Trevor Williams在接受媒体采访时表示，“对于欧元区的弱势经济体，应该允许他们退出欧元区，但不要弃用欧元，这是他们能继续待在该市场的惟一方法。”y5kRainbow Mandarin 彩虹汉语

此前，已经有人对此作出过探讨。比如，德意志银行首席经济学家提出发行欧元代币“Geuro”。在不重启希腊旧币德拉克马和不退出欧元的情况下，希腊可发行此种货币用于支付工资和养老金。“Geuro”对欧元汇率贬值50%，有利于提高出口竞争力。这样做的好处是可以让希腊继续留在欧元区，即可获得欧盟和欧洲央行贷款，还可以为希腊今后重返欧元区留下一道门缝。此外，德国经济学家还提出将永久性救助机制欧洲稳定机制的规模扩充到1万亿欧元，以打消市场投机者对希腊、西班牙和意大利国债的投机炒作心理，稳定金融市场。y5kRainbow Mandarin 彩虹汉语

现在，欧元区的一举一动也牵动着世界其他国家的神经。Laurent Estachy表示，如果希腊退出欧元区，遭殃的将是中美两国，因为弱势欧元会对世界两大经济体造成极大冲击。y5kRainbow Mandarin 彩虹汉语

德国《明镜》周刊预计，如果希腊退出欧元区，将出现6个灾难性后果：国际金融市场动荡、欧元区经济损失巨大、欧元区经济衰退和企业破产、债务危机连锁反应、政治混乱导致政府难产、银行挤兑风潮引发全球银行业危机。希腊恐慌以及西班牙银行业危机正在将欧元区拖入深渊。y5kRainbow Mandarin 彩虹汉语

鉴于此，欧元区也不会太过放任希腊退出的情况出现。《德国金融时报》6月13日援引知情人士的话报道称，欧元区计划讨论放宽希腊财政整顿计划的相关条款。据知情人士透露，无论希腊国会二次选举结果如何，新政府都会要求对该国的财政紧缩方案作出调整.y5kRainbow Mandarin 彩虹汉语

The growing debt crisis in Europe, Germany has been considered the euro zone to maintain the stability of the last bastion of the news of the internationally renowned investment company to withdraw from the German bond market, however, sent to this country the danger signals.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
Despite the European debt crisis continue, but the German economy but continuous growth, the unemployment rate to stay low, the export trade has also increased the financial risk assessment of companies in this country has been to maintain the optimal level evaluation, compared to the national debt of Spain and Italy high interest rates, Germany recently to achieve zero-interest loans.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
However, the world's largest bond investment company the Pimco13 has announced the withdrawal of the German bond market. The company's German head of the media that "Due to an increased risk of German government bonds lost quality". Risk arises from the German commitment to the highest in the euro area mortgage. The company said the euro rescue fund, the federal government invest a lot of financial resources, together with other losses resulting joint, is becoming a huge burden on this country.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
Pimco said government bonds in the investment focus first on the payment of potential profits are still followed. If necessary or even subsidizing the money will be investment. German government bonds meager profits or even no interest, but the main reason is not the company's divestment, the risk of euro crisis has become decisive. If Greece or Portugal can not repay the debt rescue fund, the German deficit will shoot up naturally while reducing the solvency.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
The debt crisis in Europe began to deteriorate from the beginning of the week. Injection of 100 billion euros in the news of the EU would be the Spanish banking sector, although the short-term ease the pressure on financial markets, but the interest of the Spanish government bonds instead of falling the situation. Italy had to offer higher interest on the sale of treasury bonds since May, the country's year Treasury bond interest rose doubled. According to figures provided by JP Morgan Bank, USA, 2014, Italy must finance the € 670 billion for the repayment to the euro rescue the capacity of the Fund's completely unable to digest this figure, and from the current economic situation the country is gradually moving towards weakness repayment of the point.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
The upcoming Greek elections bring more Euro future uncertain number. If the new Greek government to defy the EU and the IMF rules, the result can only be out of the euro. If the euro partners want the country to leave, you must make some compromises, the result will be the original euro-zone rules become waste paper.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
Greece out of the euro, and Spain to accept rescue assistance from the Fund, the biggest victim is the Germany, the country's rescue fund made to mortgage will rise to 33%y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
German Chancellor Angela Merkel: intentionally kicked out of Greece?y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
June 13, the British media broke the news that Europe's debt crisis is out of control, German Chancellor Angela Merkel intends to Greece out of the euro. Now the euro zone officials are to discuss emergency measures after the Greek exit. But some economists warned that Greece out will lead to the euro market again turbulence, resulting in the whole of Europe into recession again.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
Germany: warning to others?y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
British "Daily Mail" reported on June 13, with the deteriorating situation of Europe's debt crisis, in order to convince the German voters agree with the implementation of assistance programs, and German Chancellor Angela Merkel want to Greece out of the euro against the euro. Now, the euro zone officials are to discuss emergency measures after the Greek exit, such as restrictions on the amount of ATM withdrawals, the implementation of border checks and the euro area capital controls and other measures. In the Greek withdrawal from the standpoint of German side. June 12th, the British Chancellor of the Exchequer Osborne suggested to Merkel preparing to Greece out of the euro, in order to prove to the German electorate, to be avoided at all costs the euro zone disintegration. However, the British Treasury has insisted that Osborne has not made any comments on the possibility of Greece out of the euro area.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
Some politicians have said, Germany was the intention to quit Greece, capital of € 100 billion bank bailout in Spain, the heavily indebted countries have requirements "Spanish treatment, trying to completely abolish the austerity plan. Germany in an awkward position. Marseille, France Business School associate professor of international financial Laurent Estachy said in an interview with the "International Finance reporter, Spain bailout funds are ultimately not effective and will lead to more intense discontent of the European public, which means that Germany's fiscal consolidation The policy will give up halfway.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
In fact, the huge European Union must ensure that Greece does not exit, after all, the Greek economy component accounts for only about 2% of EU GDP. However, in order to pacify the Member States to complain about emotions, there is an argument that Merkel would like to exit through the Greek warned other countries, so paving the way for her advocacy of austerity and structural reform.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
June 17, Greece's second parliamentary elections. Trevor Williams, chief economist at Lloyds Bank, against austerity measures left-wing parties won the election, Greece is likely to quickly exit the euro area. Support the austerity camp coalition of political parties to win, not obediently listen to the German command.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
Eurozone: relax the requirementsy5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
Trevor Williams, chief economist at Lloyds Bank, said in an interview that the weak economies of the euro area, should be allowed to exit the euro area, but do not abandon the euro, which is that they can continue to stay in the market the only way. "y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
Prior to that, has been made to this Discussion For example, Deutsche Bank chief economist issue euro tokens Geuro ". In the case does not restart the Greek old currency drachma and leaving the euro, Greece can issue such currency used to pay wages and pensions. The "Geuro depreciated against the euro by 50%, improve export competitiveness. The benefits of doing so is to allow Greece to remain in the euro area, you can get the European Union and the European Central Bank loans, but also that of Greece in the future to return to the euro area leaving a door. In addition, the German economist permanent relief mechanism the size of the European stability mechanism proposed to expand to 1 trillion euros in order to dispel speculation of market speculators on government bonds in Greece, Spain and Italy psychological, stabilize financial markets.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
Now, every move in the euro area also affects the nerves of the other countries of the world. The Laurent Estachy, if Greece out of the euro, the ones to suffer will be the two countries, have a great impact because of a weak euro would be the world's two largest economies.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
German "Der Spiegel" is expected, if Greece out of the euro, will be six disastrous consequences: the international financial market turmoil, the euro area a huge economic losses and the decline of the euro-zone economy and corporate bankruptcy, the debt crisis chain reaction, political chaos led the Government to dystocia wave of bank runs caused by the global banking crisis. Greece panic and the Spanish banking crisis and the euro zone is being dragged into the abyss.y5kRainbow Mandarin 彩虹汉语
y5kRainbow Mandarin 彩虹汉语
In view of this, the euro area will not be too laissez-faire situation of Greece to exit. June 13, "Financial Times Deutschland quoted informed sources as saying that the euro-zone plan to discuss the relaxation of the relevant provisions of the Greek fiscal consolidation plan. According to informed sources, the Greek Parliament secondary result of the election, the new government will ask the country's fiscal austerity program adjustedy5kRainbow Mandarin 彩虹汉语