5symvasi

Post on 18-Dec-2015

216 views 1 download

description

symvasi

Transcript of 5symvasi

E [80 000 000 000]

Y

:

, ,

, ,

, ,

,

,

, ,

,

,

KfW,

,

,

8 2010

( )

:

() : , , , , , , , , , , , , , ( ) KfW , ( ),

() ( ), ,

() , ( ) .

:

(1) 23 2010 25 2010 11 2010.

(2) , ( ), , 2 2010 , ( ) .

(3) ( ...) ( ...)(4) 5 2010 , , 8 2010 ( ).

(5) , , . .

(6) , 126(9) 136 ( ) , ( ) 3 2010 ( ), ( / ).

(7) .

(8) ( ) ( ), 126 (9) 136 .

(9) , , .

(10) .

(11) , , .

(12) , .

(13) ( , , ) , , , .

(14) () KfW . , KfW KfW, , .

, :

1. (1) ( ) [80 000 000 000], .

(2) 1, , ( , ).

(3) .

2.

(1) . , . .

(2) , , . .

(3) (, , ) .

(4) 2 (3) , / :

() ( ) ( 3 (6) ) 6 ,

() , , .

(5) 13.

(6) , .

3. ,

(1) , , , , ( ), , 2, , 3 (3) ( ).

(2) , TARGET 2 . , ( ) .

(3) :() ( ), (i) , (ii) ( ) , (iii) , (iv) , . , (iv)

() (1,000,000,000 )

() , , ( )() , , ( ) ( ""),

() , ( ) ( ) ( ) .

(4) , ( 3(6) ) , :

() , , , 4. , . , ,

() , ( )

()

() , , , 2/3 ( )

() (i) , (ii) () , , , , ,

() ( ) .(5) , , 3 (6), :

() 3 (4) ()

()

() ( ) 126 (9) 136 , () (), () () 3 (4).

3 (4) ( ) 3 (5) ( ) , 3, ( ) ( ).

, 3 (6) , , , , . , .

(6) ( 3 (4) 3 (5) ) , ( ) , , ( ) (, , 8 ), ( 5 (2) ) , 5 (2), ( ), . , (.. , , ..), ( ) .

(7) , 5(7) , , .(8) 11:00 .. ( ) ( ), (SWIFT BIC: BNGRGRAA, IBAN: GR0301000230000000000200659) (.: ), , , .

, , , :

() 90% , , , . , , ( ) . (2) , () , , . (2) (-) ,

() 90% , ( ) . :

(i) , ,

(ii) ,

, ,

() () () .

(9) .

(10) , .

4. , (1)

( ) :

() , , , (pari passu) , , 8 (1) () ,

() , 3 (4) () .

. , .

(2)

, , , , :

() (1) (6) :

(i) , , , (pari passu) (pro rata) (ii) , .

:

(1) , , , , ,

(2) , ( ), ,

(3) , , , , ,

(4) , , ,

(5) , ,

(6) , () (i) , , (ii) , () () () 95 (urostat) .

, , , , , .

() 126 (9) 136 , .

() , (pro rata) (pari passu) , .

() ,

() , . 5. ,

(1) 5 (7) , , , , , ( ) :

() EURIBOR 5, (i) , EURIBOR ( EURIBOR (ii) , ,

() :

(i) 300 , , , , ,

(ii) 400 .

:

, , , 15 , 15 , 15 15 , , ,

, , ( ) ( ) (i) , ( ) ( ) (ii) .

(2) , , , 50 ( ) , . .

(3) . EURIBOR 5.

(4) , 7(3), . .

(5) , (, , ) , ( , , , ) 200 , , , .

, 5 (5) . .

(6) , , .

(7) , ( ) .

6. , ,

(1) /(-) ( ) .

(2) , , ( ) .

(3) , , , (pari passu) , 6 , , .

(4) :

() , , ,

() , , ( ) . ,

() ( , ) ,

() .

(5) , , ( ) .

(6) :

() , (.. ) , ( ) ,

() , , ( ) .

(7) ... , , , ...

7. (1) , , , .

(2) , , . , .

(3) SWIFT MT202 TARGET2, 11:00 .. ( ) TARGET2 SWIFT-BIC: ECBFDEFFBAC, 4050992001, ../ : , ( ).

(4) , , , , (, ) .

(5) .

(6) , , , .

:

(a) , (b) , 5(5) (c)

(d) ,

.

(7) :

()

() , , .

(8) , .

8. (1) ( ) ( ) , / , , :

() , , , ( ) ( ) ,

() ( 1(3) ), ,

() , , () (i) , , , (ii) , , () 250 ,

() , () , .

, . (i) (ii) .

(i) , (ii) , (iii) , , .

(2) , , . .

(3) , , . ( ) . , , 5 (5) , , .

9.

(1) :()

()

() ,

() , , .

(2) , 3 (4).

10. ,

( ) ( ) , , :

() , .

() , , . () .

() , . , , .11. (1) , 7. .

(2) . , , swift . , swift .

(3) , .

(4) , . , , .

12. (1) , , , . , , .

(2) .

(3) , ( ) 1999, .

(4) , (Euro Area Working Group) ( ( ).

13. (1) , 2, : , 6 ( ) : (i) (ii) ( ) (iii) ( ) . .

(2) 13(1), 2(4)() / .

14.

(1) , .

(2) , , .

(3) .

(4) , .

(5) , , , , , , , , , .

15.

(1) , :

() , 4 , .

() ,

.

, , .

( 4 ) , , .

(2) . , , ( ) .

16. . .

, , .

17. :

1.

2.

3.

4.

5. EURIBOR6. ,

7. .

8 2010 8 2010.

--

, , , , , , , , , , , ,

:

--Olli Rehn

KfW , --. Gnther Brunig - -. Frank Czichowski

1

2.860.942.462,10

1.310.046.500,93

9.794.387.452,71

16.773.596.199,72

14.739.467.996,33

161.470.573,49

206.054.851,64

74.543.025,89

4.703.995.187,73

2.290.192.933,16

2.064.558.742,44

387.812.451,16

817.850.223,95

1.478.947.787,45

KfW , 22.336.133.611,30

2

,

[, /]

[, /]

[, /]

:

[] ,

( ) KfW, , [] ( ). .

1. , :

()

()

()

() [] [ ] [. ]

() []

() :

() ()

0

2. :

() [.] .

() [.] ,

() .

3

EUROPEAN COMMISSION

DIRECTORATE GENERAL

ECONOMIC AND FINANCIAL AFFAIRS

Finance, coordination with EIB group, EBRD and IFI's

[ ]

[, /]

[, /]

: [] ,

(i) ( ) KfW , [] ( ), (ii) (). .

:

()

()

()

() [] [ ] [. ]

() []

() :

() ()

0

() :

[ ], [ ], [ ] [ ].

4

( , )

[, ]

:

[]

: KfW ( ) ( ) ( ) [] 2010

,

, , ( "), , , KfW ( "") ( ), []. , , ( ).

.

. , , , . , , .

() ( ) , () ) , .

.

.

, :

1. , , , [], , . , .2. , : (i) , , (ii) .3. , . 4. , , . , , .5. , , , .6. , , , .7. .8. [], , .9. , .10. , .11. , - .12. [ ].13. [ ].14. , / , . ,

5 EURIBOR1. EURIBOR :

(1) EURIBOR . , (2) (4)

(2) ( ), , EURIBOR , REUTERS 3000XTRA EURIBOR01 , , 11 .. ( ), .

(3) , , EURIBOR EURIBOR01 REUTERS 3000XTRA, (2), , (2), EURIBOR EURIBOR01 ,

(4) , , EURIBOR, (2) (3), EUREPO, 25 , EUREPPO REUTERS 3000XTRA 11.. ( ). , .

2. 360 .

6

:

80 000 000 000 000

[] ( )

1. . . , .

2. 13 ( ) :

) /() /() , / (Schedule).

) , (Schedule).

) /() /() () .

3. [ . ]

4. , .

5. .

6. .

7. .

(SCHEDULE)

[ ]

{ (-)} { (-)}

: :

.....

. .

:

7

:

L-4 , ,

L-2920

:

/:+352430133459SWIFT BIC: EUCOLULL :

Kaiserstrasse29 60311 ,

:

/: + 49 69 1344 6171

SWIFT BIC: ECBFDEFFBAC

:

. , 37

101 65 ,

: 23

/: + 30 210 3338205 SWIFT BIC: BNGRGRAAIBAN: GR0301000230000000000200659

..

:

. , 21

102 50 ,

: /

/: + 30 210 3221007 SWIFT BIC: BNGRGRAA..

8 2010 ()

:

, , , , , , , , , , , , , ( " ").

:

1. ( ) 23 2010 25 2010 11 2010. 2. , ( ), 2 2010 , ( ).3. 5 2010 , .

4. ( ") KfW (KfW), (), ( "") .

5. , 126(9) 136 ( ) , , , ( ) 3 2010 . 6. ( ), , KfW , .

, :

1.

1. . .

2. ( 4) 2/3 ( " "), , . , . , .

3. KfW . , KfW , KfW, 4, 7 8. , . , , , , , , KfW, , , , , , , , , KfW , , , .

4. , .

2.

1. , , (i) , , , (ii) (iii) . ( ), , , . , , . 3, , 1(2) .

, .

2. 80 , , ( ). 3. , , , KfW, , , , ( KfW) , ( ) 2, 80 . , , 2(5)() 2(7).

4. ( KfW) , . , . . , , , 2(3), , , , 2(5)() 4(2) .

5. () , ( ) , , 3.

() , , ( ) . , 4(2).

6. ( ), . ( ) , . 6(2), , .

7. , . . , , . , KfW, / .

3.

. . , .

4.

1. , , , , , ( ) . . .

2. , ( , ) . , , , , , . , , , , .

, , , 2 (4) 2 (5) (), , 2 (3), . , , , , ( 6 (2) () (i)) (/). .

3. , , , . , , , , , . , , 2 (5) . (10) . , .

5.

1. , (-7) ("T") ( (-2) ) , 3 T 11:00 .. ( ), 5, . , , (T-2) ( (-1), , ). .

2. , 3 ( ) , , :

() , , 90% , , , , . , . (2) , , , . , , .() , , 90% , . , .

.

6.

1. . , , . , 3 .

2. :

( ), :

(i) , ( , ) ,

(ii) , ,

(iii) , , ,

, :

() :

(i) , (%) ( () ),

(ii) ( , , ),

3, , .

() :

(i) ( % ),

(ii) ( % ),

(iii) ( ) ( ) (%).

% % , :

(1) ( ) 3,

(2) , (i), , % % , ( ) .

( ). . , .

. , .

, 3, , , 6 (3).

, 3, % , 6 (3).

% , % , , , .

(i) , 3, , (ii) 6 (2) () .

3. , , , 3 . .

4. , , 6 (2). , , , .

7. /

1. , ( ) . . , .2. / , , . . , , .

3. 7 (1) (2), , . . , .

8.

:

1. .

2. 2/3 , , , . , ( ) / ( 8 (3) ) 2/3.

3. (i) (ii) : , , % , , . , ( , KfW) , , ( , KfW) .

4. , . .

5. .

6. .

9.

1. , , , , 3 . , , 9.

2. ( ) ( ) :

() ,

() , ( ) .

3. ( ) .

10.

1. , (ECFIN) .

2. , , . .

3. , , .

4. .

5. (i) , (ii) , , . , , .

11.

, :

:

c/o EWG Secretariat

B-1049 Brussels

:

Directorate "Finance, coordination with EIB Group, EBRD and IFIs"

L-2920 Luxembourg

, , , . ( ) . . .

12.

. , .

, , .

13.

1. , , , . , , .

2. .

3. .

14.

1. , .

2. , , .

15.

. .

.

16.

:

1.

2.

3.

4.

5.

8 2010

,

,

--

Didier Reynders ,

. Wolfgang Schuble--

,

, .Brian Lenihan, T.D.

--

,

--

Elena Salgado Mendez ,

Christine Lagarde

Ministre de lEconomie, de lIndustrie et de lEmploi

--

,

Giulio Tremonti, Ministro delleconomia e delle finanze

--

,

--

.

,

--

Luc Frieden ,

Tonio Fenech ,

--

,

--

. drs. J.C. de Jager ,

--

Josef Prll ,

, Fernando Teixeira dos Santos--

,

--

Franc Kriani

,

Jn Poiatek--

,

--

Jyrki Katainen 1

2.860.942.462,10

( KfW) 22.336.133.611,30

1.310.046.500,93

9.794.387.452,71

16.773.596.199,72

14.739.467.996,33

161.470.573,49

206.054.851,64

74.543.025,89

4.703.995.187,73

2.290.192.933,16

2.064.558.742,44

387.812.451,16

817.850.223,95

1.478.947.787,45

80.000.000.000,00

2

2,42563,576178077627360%

18,937327,920167014121300%

1,11071,637558126162890%

8,304012,242984315887900%

14,221220,966995249651300%

12,496618,424334995414800%

0,13690,201838216864770%

0,17470,257568564545473%

0,06320,093178782365621%

3,98825,879993984660890%

1,94172,862741166445020%

1,75042,580698428050350%

0,32880,484765563952786%

0,69341,022312779941790%

1,25391,848684734307780%

67,8266100,00000000000000%

3

, 4 (2) :

1. .

2. , , .

3. , 2.

4. , , 10(4).

4

[ ]

, :

, ,

L-2920 Luxembourg

Fax: +352 4301 33459

:

Kaiserstrasse 29

D-60311 Frankfurt am Main

GermanyFax: +49 69 1344 6171

:

,

, , , , , , , , , , , , , ( " ") []. , KfW , []. []/[] []. [ 2(3) : [ , ]

[ ]

[] 5

EUROPEAN COMMISSION

DIRECTORATE GENERAL

ECONOMIC AND FINANCIAL AFFAIRS

[]

: [ ]

: ()

:

. [ ] [ ], []

[] , , [ ] . 5(1) , [ ] ( [ ] [ ]).

SWIFT MT202 [ SWIFT ] TARGET2 [], 11.00 .. TARGET2 SWIFT-BIC: ECBFDEFFBAC 4050992001, / .:

. .

.

: :

- - ,

C(2005) 2992 9 2005