Grecia a proseguire i colloqui debito con i creditori

Dow Jones

ATENE — Greece and its private-sector creditors agreed to meet again Friday
in a race to negotiate a EUR100 billion debt write-down for the country amid
concerns that Greece’s funding needs might be bigger than originally thought.

According to a statement issued by the creditors committee, “some progress was
realizedafter a first day of meetings in the Greek capital Thursday but no
deal had yet been clinched.

Discussions here in Athens today focused on legal and technical issues on the
volontario [debt restructuring] and some progress was realized. Work will
continue tomorrow,” said the statement, issued by the Institute of International

A senior Greek finance ministry official also confirmed that the talks were
set to continue.

L'IIF, a Washington-based lobby representing the world’s major banks, è
leading the negotiations on behalf of private creditors with the Greek
government on the debt restructuring.

Nel mese di ottobre, the IIF agreed to a “volontario” 50% write-down in the value of
Greek bonds that would be conducted through a distressed debt exchange swapping
old Greek government bonds with new ones.

The bond deal is part of a broader EUR130 billion bailout promised to Greece
by its European partners and the International Monetary Fund at a European
summit in October. Without private-sector agreement, the governments won’t
contribute their share to the package.

Tuttavia, the talks have stumbled twice amid differences over the interest rate
the new bonds would pay. Germany and the IMF have been pushing the creditors to
accept an interest rate below 3.5%, while the creditors have indicated that 4%
was the minimum they could accept under a voluntary deal.

At issue is Greece’s deteriorating debt dynamics. The goal of the October
agreement was to cut the country’s debt ratio to no more than 120% of gross
domestic product by 2020, down from more than 160% currently.

But since then, a deeper-than-expected recession in the Greek economy and a
budget deficit that has widened to nearly 10% of GDP could put those projections
in doubt. A new debt-sustainability study, due for release by the European Union
and the IMF once talks with the private creditors are completed, might require a
rethink on the funding Greece will need to be able to service its debt for the
rest of the decade.

The IMF and the stronger euro-zone countries are reluctant to permit high
tagliandi, in part because they would have to lend Greece the money to pay them
and in part because high interest burdens make it less likely the country can
get its debt under control.

That leaves two options: pressure private-sector bondholders to accept more
perdite, or accept that other euro-zone countries and the IMF will have to kick
in more support.

With private-sector talks already difficult, suggestions are growing that any
additional burden would have to be taken up by euro-zone governments.

IMF Managing Director Christine Lagarde said Wednesday that Greece’s public-
sector creditors may have to take a hit on their loans if private lenders can’t
agree on a restructuring plan that goes far enough to make the country’s debt
sostenibile. The Fund said this didn’t assign a specific role to the ECB, quali
has rigidly opposed accepting a write-down on its Greek bond holdings. Many ECB
officials would be likely to view losses on their Greek holdings as a violation
of the central bank’s statutes, which forbid it from financing governments.

Giovedi ', European Union Economics Commissioner Olli Rehn said public-
sector lenders may have to increase their contribution to Greece’s overall debt
deal. He said he was hopeful agreements could be struck soon to increase euro-
zone bailout funds and IMF resources.

I don’t rule out a small adjustment of lending needs of the euro-area member
Stati,” he said in an interview with The Wall Street Journal, referring to the
pending update in Greece’s debt-sustainability study.

Eurogroup President Jean-Claude Juncker acknowledged earlier this week that
the Greek debt-reduction programis off track.

Just how far off track won’t be known until the new debt assessment is
rilasciato. This won’t happen until after an EU summit Monday, say German
funzionari. People familiar with the talks estimate that Greece’s deteriorating
fiscal position could now require an additional EUR20 billion to put Greece on a
sustainable footing.

This gap, which is around 10% del PIL, has to be covered for the second
bailout loan to be approved,” said one person familiar with the situation.

Ian Talley in Washington and Stephen Fidler in Davos, Switzerland contributed
to this article.

By Costas Paris, Nektaria Stamouli and Alkman Granitsas, Dow Jones Newswires;
+30 210 331 2881; alkman.granitsas @

  (END) Dow Jones Newswires
  Copyright (c) 2012 Dow Jones Company, Inc.

Windstar Cruises offre due isole greche & Turkish Delights Itinerari

SEATTLE, Jan. 26, 2012 /PRNewswire via COMTEX / —
Windstar Cruises, which operates a fleet of three luxury sailing yachts that explore hidden harbors and secluded coves of the world’s most treasured destinations, offers two Greek Isles Turkish Delights itineraries between Athens, Greece and Istanbul, Turkey this spring, summer and fall on the 148-guest Wind Star and Wind Spirit.

Greek Isles Turkish Delights ISet sail from Athens on a journey through history, from Minoan ruins on Santorini to the Celsus Library at Ephesus. As you pull in to the harbor, the stunning white-washed buildings and blue domes of Santorini welcome you to this breathtaking region. Dine on fresh seafood at chic seaside cafes, or spend the afternoon browsing the local Mykonos boutiques. Sip on ink-black Turkish coffee in a Bodrum tavern. Take a journey back in time while admiring the glorious ancient ruins of the Library of Celsus and Temple of Artemis in Ephesus.

Seven-day sailings from Athens to Istanbul visit Mykonos, Grecia; Santorini, Grecia; Rodi, Grecia; Seminterrato, Turchia; and Kusadasi, Turkey depart May 5, 19, 26; Giugno 2, 9, 16, 30; Luglio 14, 28; Agosto 11, 18, 25; Settembre 1, 8, 15, 22, 29; e ottobre 6, 20, 2012. Two-for-one savings fares plus two free hotel nights available on select sailings, starting from $2,499 a persona.

Greek Isles Turkish Delights IICapture the mystery of exotic Istanbul before sailing on to the chic islands of Santorini and Mykonos. Discover the vestiges of Ottoman glory at the famous Blue Mosque of Istanbul. Savor the sensuous aromas of exotic spices at Istanbul’s Grand Bazaar. Toast a glorious Aegean afternoon with a glass of ouzo in Santorini. View the majestic temple to Athenathe Parthenon on the Acropoliswith its dazzling presence towering over modern Athens.

Seven-day sailings from Istanbul to Athens visit Kusadasi, Turchia; Rodi, Grecia; Seminterrato, Turchia; Santorini, Grecia; e Mykonos, Greece depart May 19, 26; Giugno 2, 9, 16, 23; Luglio 7, 21; Agosto 4, 18, 25; Settembre 1, 8, 15, 22, 29; e ottobre 6, 27, 2012. Two-for-one savings fares plus two free hotel nights available on select sailings, starting from, $2,499 a persona. Guests sailing from Istanbul also receive an additional bonus of a complimentary arrival transfer in Istanbul which includes private transportation by a Mercedes vehicle from the Istanbul airport to any Istanbul hotel, welcome package, bottled water, and English-speaking escort.

All fares mentioned are per person, in US dollars, cruise only, based on double occupancy in category B and include non-discountable amounts. Government fees and taxes are additional ($35-$300 a persona). Two-for-one cruise fares are based on 50 percent of published full cruise fares as shown on select sailings. Two-night complimentary hotel offer is available per booked cabin, is applicable on select sailings and includes one complimentary transfer to or from the yacht, all tips, gratuities, taxes and luggage-handling fees. Offer is valid on new bookings only for select departures and subject to availability. Offer may not be combinable with any other promotional offers or discount. Offers are capacity controlled and may be withdrawn or modified at Windstar’s discretion at any time. Cancellation penalties may apply, please see brochure details. Certain restrictions apply. Offer expires February 24, 2012.

About Windstar CruisesWindstar Cruises operates three sailing yachts known for their pampering without pretense and the ability to visit hidden harbors and secluded coves of the world’s most treasured destinations. Carrying just 148 a 312 ospiti, the luxurious yachts of Windstar cruise to nearly 50 nazioni, calling at 100 ports throughout Europe, the Caribbean and the Americas. For more information including rates and itineraries, contact a travel professional or call Windstar at 800-258-7245. Visit Windstar Cruises online at Windstar Cruises can also be followed on Windstar’s Facebook and Twitter fan pages.

SOURCE Windstar Cruises

Copyright (C) 2012 PR Newswire. Tutti i diritti riservati


Cheaper Voli la risposta alla crescente popolarità di vacanze in famiglia, Dire DialAFlight

LONDRA, REGNO UNITO–(Marketwire -01/26/12)- La famiglia media è in viaggio all'estero più spesso, secondo una ricerca recentemente condotta. Lo studio dimostra che le tendenze e gli atteggiamenti verso le vacanze in famiglia hanno cambiato drasticamente fin dagli anni '70 e '80. 30 anni fa, 65% dei bambini non aveva sperimentato una vacanza all'estero a tutti all'età di dieci, e in generale non sarebbe fino all'età di circa 13. Ora, genitori pensano nulla di prendere bambini su voli per l'Australia, Spagna o in America per le loro vacanze in famiglia.

Ora, la media 10 anni, è stato all'estero almeno 4 volte, con la famiglia più popolare mete di vacanza essendo Grecia, Francia e Spagna; in contrasto con le vacanze in famiglia di età al popolare zona del Regno Unito come Devon o Cornwall. Tuttavia, la maggior parte degli adulti hanno detto che si guardano indietro su queste vacanze in famiglia con i ricordi.

La crescente popolarità di vacanze all'estero può essere attribuito al boom vacanza negli anni '90, che ha visto l'ulteriore promozione di vacanze all'estero e grandi sconti vacanze. L'incremento di qualità, scelta, destinazioni e pacchetti hanno fatto le vacanze in famiglia straniera sempre più accessibile, al punto che ora è la norma per la maggior parte delle famiglie britanniche.

I genitori con figli hanno riconosciuto il valore e la sicurezza che offrono pacchetti vacanza, e la scelta di pacchetti vacanze è aumentato notevolmente; vacanze all'estero sono ora molto più facilmente accessibile di quanto non fossero 30 anni fa. Per esempio, voli low cost per New York, Madrid e Dubai sono tutti molto facili da ottenere da una vasta gamma di operatori di viaggio, come DialAFlight.

Portavoce DialAFlight commentato: “E 'diventato la norma per le famiglie, anche con bambini molto piccoli, di prendere le ferie all'estero. I genitori che non necessariamente sono stati in grado di permettersi vacanze un decennio o più fa, stanno scoprendo che possono con le vacanze valore, combinando voli low cost con bassi costi di hotel. I genitori Modern Day possono sentire che ci si aspetta di prendere i loro figli all'estero; alcuni possono vogliono solo i loro figli a guardare indietro sulle loro vacanze in famiglia con i bei ricordi.”

Chi DialAFlight

Ogni anno centinaia di migliaia di persone vengono da noi per voli low cost, hotel, noleggio auto, week-end e voli commerciali. DialAFlight offrono più di sei milioni di voli low cost per una vasta gamma di destinazioni in tutto il mondo, compresi i voli per Bangkok e voli per Dubai.