CALDEIRÃO DE BOLSA

S&P rating of European countries (map)

http://en.wikipedia.org/wiki/File:Ratin ... 6-2011.svg

Os países estão todos a tornar-se PIIGS, se bem que uns são mais PIIGS que outros

Belgium Agrees 2012 Budget After Rating Cut

Belgian political factions reached a deal to reduce the leaderless country’s budget deficit, a day after its credit rating was cut by Standard & Poor’s.

Elio Di Rupo, president of the French-speaking Socialist Party who’s leading coalition talks, thrashed out the accord after all-night negotiations. Caretaker Prime Minister Yves Leterme had called for a deal between the six parties involved before the markets open on Monday.

“This budget meets the multi-year commitments of Belgium towards the European Union,” the negotiators said in a joint statement on the deal. “It will reduce the deficit in our country to 2.8 percent of GDP in 2012 to break even in 2015.”

Belgium’s rating was cut one step to AA by S&P, which said the cost of bailing out Dexia SA (DEXB), a lack of policy consensus and slowing growth will make it difficult to reduce the euro region’s fifth-highest debt load. The budget agreement comes after more than 500 days of coalition talks focused mostly on tensions between Dutch and French speakers.

Belgium’s borrowing costs have surged to the highest in 11 years in the past two months after the nation’s government agreed to buy Dexia’s Belgian bank unit and guarantee part of the crisis-hit lender’s liabilities for 10 years. Investors continued a selloff in Belgian bonds after six-party coalition talks ran aground this week as Liberals and Socialists clashed over how to cut the budget deficit.
King Albert

Three days ago, Belgium’s King Albert II turned downDi Rupo’s request to stand down from leading the negotiations and urged the six parties to complete the discussions and form a government.

The King is “pleased that agreement has been reached” on the budget, the royal palace said in an e-mailed statement. “Accordingly, he has instructed” Di Rupo “to form a government as quickly as possible.”

Di Rupo, 60, had sought to quit after the Liberals from both sides of Belgium’s linguistic divide refused to accept his earlier proposals for a 2012 budget.

The country’s rating was lowered from AA+, with a negative outlook, London-based S&P said yesterday in a statement. The action by S&P is the first downgrade for Belgium in almost 13 years and puts its credit ranking on a par with the S&P local- currency ratings of the Czech Republic, Kuwait and Chile.

Belgium follows Slovenia, Spain, Italy, Ireland, Portugal, Cyprus and Greece in having its credit rating cut this year. The country of 10.8 million people, whose capital, Brussels, is home to the European Commission and the North Atlantic Treaty Organization, last had its credit standing lowered in December 1998 by Fitch Ratings.

“S&P’s announcement strengthens even more the need to finalize as soon as possible the 2012 budget,” Leterme and Finance Minister Didier Reynders said in a statement yesterday.

Belgium’s budget deficit will narrow to about 3.6 percent of gross domestic product this year from 4.1 percent in 2010, S&P said. It also forecast government debt will increase to about 97 percent of GDP from 96.1 percent last year after the administration paid 4 billion euros to nationalize Dexia Bank Belgium NV.

O pessoal continua a não querer ver que o mundo faliu. Tudo o que seja feito é apenas para adiar.....

Isto está a acontecer aos bocados na Europa mas em ritmo cada vez mais acelerado...

Irlanda....... Grécia..... portugal.... Hungria...Espanha..Itália..Bélgica.FrançaAlemanhaUSA


E parece-me que os países que ainda vão ter mais problemas serão os últimos porque vão ficar sem acesso a nenhum crédito e nem tempo tiveram para se preparar.

Os USA e as agencias de rating continuam a tentam virar os problemas para os outros... mas o lixo vai-lhes todo cair à porta e muitos corretores ainda se vão arrepender de toda a ganância de lucros fáceis em detrimento do prejuízo mundial..

Ainda vamos ver vários Madoff em cima de pontes, rios, telhados, etc..

Estes tipos da agencias de notação financeira estão abaixar os rating a todos os paises, por isso qualquer dia já não há problema porque ninguem tem o AAA.

Estou a gozar mas para lá caminhamos!

Venha agora a França...

Bem, com esta noticia e os rumores de um possivel pedido de ajuda da Espanha.... de Black Friday podemos passar a Red Monday.....

A S&P acabou de baixar o rating da Belgica de AA+ para AA e mantém em Outlook Negativo.

http://www.bloomberg.com/