You are on page 1of 33

,

2013,
( 305,53 . 2012
321,62 . 2013). ,
,
, , ,
.
http://www.ethnos.gr/article.asp?catid=22770&subid=2&pubid=63876795
, ,
2013.

. .
.

.
.

.
.

2010 ( 1).
1

http://www.3comma14.gr/pi/?survey=4975


23,516 .
( 2)
2.

http://www.google.gr/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&ved=0CDsQFjAC&url=http%3A%2F%2Fwww.e
uro2day.gr%2Fdm_documents%2F%25CE%2597_%25CE%25BC%25CE%25B5%25CE%25BB%25CE%25AD%25
CF%2584%25CE%25B7_%25CF%2584%25CE%25B7%25CF%2582_Eurobank_0YL1r.doc&ei=GxceUrLtHoGy7Ab
6xYCYCA&usg=AFQjCNFYmS07F0UCyKaSzI6MSoscrVB8rQ&bvm=bv.51156542,d.ZGU&cad=rja



. .
.
.
.
.

http://eparistera.blogspot.gr/2013/03/blog-post_31.html).


.
.

.
2008.

, ,
.
.
2

:

. 3723
2/12/2008.
.
2010 . ,

;
:
1
1.
,
,
.
,
, 1.2.2009.
.
.
31.12.2009

,
,
5
.
2
1. , 15
,
,
,
31.12.2009
. ,
, .
,

, ,

, .
3
(....)
31.12.2009
8
,

,
, , .
,
3

.

.
,
,
,
.
4
,
,
2 3

,
23 .
5

3

, 2

.
3723 2/12/2008
http://www.minfin.gr/contentapi/f/binaryChannel/minfin/datastore/b9/e0/c2/b9e0c203c23ffde14fef544e71f9dab0f3
737275/application/pdf/3723-2008-250-A_2008_12_09_l.pdf
5
.
15 8
. 2008 13
. 2009,
, 295 . 4,5%

. 3723 .
5
.
.
.
.

.
.

http://www.minfin.gr/budget/2011/proyp/index.htm


. ,
, .

.
,
.
2

http://www.oecd.org/finance/financial-markets/45636972.pdf
. 3845
3723/2008
15 :
8. 1 2
4 . 3723/2008 ( 250/ ) 15

3845 6/5/2010

65 6 2010 1328

http://apografi.gov.gr/wp-content/uploads/downloads/2012/02/N3845_2010.pdf

3723/2008 .
3

http://www.minfin.gr/budget/2011/proyp/index.html

. .
4

. 2010
. 3864

10 .
2
, ,
1.
,
,
,
.
3
,
1.
(10.000.000.000) ,

. 3845/2010,
,

3864 .

119 21 2010

http://www.minfin.gr/contentapi/f/binaryChannel/minfin/datastore/71/ea/23/71ea23e1b8eba3ce1c5aa781808abc3
ef37f20e7/application/pdf/%CE%9D%CF%8C%CE%BC%CE%BF%CF%82+3864.pd
f
.
3872 2010 25
!
7
1 2
4 .3723/ 2008 ( 250 ),
8 . 3845/2010 ( 65 ),
25 .
.3872 148 3--2010
http://www.nee.gr/downloads/84N3872-2010.pdf

2010 38,3+10+25=73,3
. .
.
! 2011.
19

1. 1 2
4 .3723/2008 ( 250),
8 .3845/2010 ( 65) 7
. 3872/2010 ( 148) ,

3965 18/5/2011 2328
http://www.minfin.gr/contentapi/f/binaryChannel/minfin/datastore/ae/e0/9f/aee09f18e1d3b932f19d0f23622f45777469a4df/application/pdf/%CE%9
D3965+%CE%A4%CE%B1%CE%BC%CE%B5%CE%B9%CE%BF+%CE%A0%CE%B1%CF%81%CE%B1%CE%B
A%CE%B1%CF%84%CE%B1%CE%B8%CE%B7%CE%BA%CF%8E%CE%BD.pdf

1
1. 2/43219/0025/6.5.2011

(30.000.000.000) .

1 1
, ,
(60.000.000.000) .
NOMO . 4031 .
9 2011

256

http://www.taxnews.info/news/nomos-4031-2011/
8



. BIS.
3

http://www.bis.org/publ/cgfs43.pdf

2009 2010
. 2012
:
21

1. , . . 2/43219/0025/6.5.2011
( 1143),
. 1 1 , 14.9.2011, (
203), . 4031/2011 ( 256)
. 4031/2011, ,
(50%)
7. 39 39 (.
2238/1994, 151), 26 . 3728/2008 ( 258),
,
,
,
..
.4056 256 12/3/2012 1463
http://static.diavgeia.gov.gr/doc/%CE%9244%CE%94%CE%92-%CE%97%CE%9D8
9

. 10
3864
, , 50
4079:
1
. 3864/2010 (' 119) 1. . 1 3
. 3864/ 2010,
(10.000.000.000)
(50.000.000.000)

.4079 180 20--2012


http://nomoi.info/%CE%A6%CE%95%CE%9A-%CE%91-180-2012.html

2012.
- , , .
5
3723/2008
3845/2010
3864/2010
.3872/2010
3965/2011
4031/2011
.4056/2012
.4079/2012

.
8


15
15

10
25
30
60
90;
40
75

235

.4056/2012
ELA.

.
.
; . 24
2012

.
.

diaforos blogspot.

10

11

http://www.hellenicparliament.gr/UserFiles/67715b2c-ec81-4f0c-ad6a476a34d732bd/7738882.pdf

12

13


2012 57,7
. ;
.

14

http://www.yperbasi.gr/attachments/article/28/%CE%91%CE%BD%CE%AC%CE%BB%CF%85%CF%83%CE%B7%20%CE%9F%C
E%BC%CE%BF%CE%BB%CF%8C%CE%B3%CF%89%CE%BD%20%CE%B1%CF%80%CF%8C%20%CE%95%CE%B3%CE%B
3%CF%85%CE%AE%CF%83%CE%B5%CE%B9%CF%82%20%CE%95%CE%BB%CE%BB%CE%B7%CE%BD%CE%B9%CE%B
A%CE%BF%CF%8D%20%CE%94%CE%B7%CE%BC%CE%BF%CF%83%CE%AF%CE%BF%CF%85%20%CE%B3%CE%B9%C
E%B1%20%CF%84%CE%B1%20%CF%80%CF%81%CF%8E%CF%84%CE%B1%2093%20%CE%94%CE%B9%CF%83.pdf


.

,
PSI, . http://www.deutschemittelstands-nachrichten.de/CDS-gedeckte_Anleihen.pdf.

07/03/2012.
PSI

15

.
http://blogs.reuters.com/felix-salmon/files/2012/03/Greek.Min-FinPress_Release_Feb.24-2012.pdf


eurobank
,
:
i) 5
ii) 8
iii) 15
2)
, 70 , (30
) .
3) 98 . ,

(ELA).
,
,
, .
( 2012)
ELA 46,4 .

145 , 90%
.
http://www.eurobank.gr/Uploads/pdf/%CE%9F%CE%99%CE%9A%CE%9F%CE%9D%CE%9F%CE%9C%CE%99%
CE%91%20%CE%91%CE%93%CE%9F%CE%A1%CE%95%CE%A3%20ab%20%CE%9C%CE%91%CE%99%CE
%9F%CE%A3%202012.pdf . 6

eurobank
, ELA, 145
130 .
ELA 90
, 93
.
eurobank 145

145 + 50 + 5 +18
= 218 .
116% 2012.
.
1785 2013

3723 2008
2013:

16

1785/2013

1, 2 3 . 3723/2008 ( 250 / 9-122008)
,
, 31.12.2013.
http://www.taxheaven.gr/laws/circular/view/id/16814

4,265 .:



4.265.600.000 . ............
http://www.et.gr/index.php/2013-01-28-14-06-23/2013-01-29-08-13-13



.
:
5.3.1.
N. 3723/2008 ( 250 /9.12.2008)
,
(28) . . ,
, ,
,
( ) .
http://www.hba.gr/main/Ereunes-meletes/EllinikoTrapeziko2010-FullForWeb.pdf

.

17

http://www.bankofgreece.gr/BogEkdoseis/ekthdkth2012.pdf

2009
.
:
,
,
,
. ,
.
http://www.bankofgreece.gr/BogEkdoseis/ekthdkth2012.pdf 192
18

5 3723
:
5

3

, 2


.

.


; ;

;

. (
).
1988
( ),
,
.
,
.

.

19

5.

http://digilib.lib.unipi.gr/dspace/bitstream/unipi/2697/1/Karela.pdf


.
. ; ;
;
.


.
:
= /
( + + )

.

20

www.bankofgreece.gr
, ,

.
10%. http://digilib.lib.unipi.gr/dspace/bitstream/unipi/2697/1/Karela.pdf

: /
, ,
6 ,
2007 2012
2007 2010.
6

8,9

8,5
6,9

6,9

6,8

6,7

6,5

5,9

5,8

5,3

2000

2001

2002

2003

2004

4,9

2005

2006

2007

http://data.worldbank.org/indicator/FB.BNK.CAPA.ZS

21

2008

2009

2010

2011

7
/

/
9,35

9,16

9
7,56

5,37

5,75

6,27

4,74

4,66

2004

6,31

2005

2006

2007

2008

http://eparistera.blogspot.gr/ :
http://nefeli.lib.teicrete.gr/browse/sdo/log/2010/SyrrosChristos/attached-document1273573848-685427-28391/Syrros2010.pdf
8

http://www.eurobank.gr/Uploads/pdf/%CE%9F%CE%99%CE%9A%CE%9F%CE%9D%CE%9F%CE%9C%CE%99%CE%91%20%CE%9
1%CE%93%CE%9F%CE%A1%CE%95%CE%A3%20ab%20%CE%9C%CE%91%CE%99%CE%9F%CE%A3%202012.pdf

22

http://62.1.43.74/5Ekdosis/UplPDFs/syllogikostomos/1%20XARDOUVELHS%201-52.pdf

2008
.
2008 7,9%

.
.
.
stress test.
10
,

http://www.eba.europa.eu/documents/10180/15935/EBA_ST_2011_Summary_Report_v6.pdf/54a9ec8e
-3a44-449f-9a5f-e820cc2c2f0a

23

( stress test http://www.eba.europa.eu/risk-analysis-and-data/euwide-stress-testing/2011/results )


stress test
PSI. 6 ,
, 4
6. 2 5.
8. 2008.
, ,
:
() , . ,
, ,

,

http://www.bankofgreece.gr/BogEkdoseis/ekthdkth2012.pdf 192


.
2008, ,

( ).
11

2012
. ,

24

- 2012,
( )
5,7 . 5,1 . (
4,7 . 4,3 . 2011
http://www.bankofgreece.gr/BogEkdoseis/ekthdkth2012.pdf 200


.
1.
. 2003 2008
.

.
2000 .
2001 :

http://www.bankofgreece.gr/BogEkdoseis/ekthdkth2001.pdf


.

http://www.bankofgreece.gr/BogEkdoseis/ekthdkth2001.pdf

.
2.


25

.
.
, (
12).
12

http://62.1.43.74/5Ekdosis/UplPDFs//syllogikostomos/12-c%20Michalopoulos%20229246.pdf
2005 2008 ( 13).
13

http://www.researchonmoneyandfinance.org/media/reports/RMF-Eurozone-Austerityand-Default.pdf

. 1
2006 2010
.

26

2006
181
154.479
8.183

2007
1.211
175.895
10.797

2008
5.489
186.496
35.348

2009
8.190
211.356
49.036

2010
1.922
193.454
87.868

33.585
35.039
68.624
1.311
17.326
18.637
620

54.855
42.569
97.424
1.349
18.152
19.501
826

70.161
41.033
111.194
1.250
20.002
21.252
537

75.843
37.018
112.861
623
23.593
24.216
266

103.157
23.437
126.594
516
16.887
17.403
145

2.183

2.886

2.271

1.934

1.758

362.587

407.859

429.144


252.906 308.539
: . .

3.
. 2004-2007

( 14)
14
- (
), 2001-2011

7,14

5,2
4,26
3,77

5,72

5,3
4,9

4,12
3,56

3,32
2,33
1,79
1,22

2,11
1,62

3,08

2,91

2,19
0,69

2001

2002

2003

2004

3,76

2005

2006

2007

2008

2009

0,34
2010

0,34
2011

http://epp.eurostat.ec.europa.eu/statistics_explained/index.php?title=File:Short-term_interest_rates_-_threemonth_interbank_rates_%28annual_average%29,_2001-2011_%28%25%29.png&filetimestamp=20120926101847

27


( 15, 16 )
15

6,78
6,44
5,49
4,21

2003

6,97

6,01
5,23

5,79
5,12

3,81

3,97

2004

2005

7,35
6,54
5,8

7,56
7,15
6,61
5,74

2006

7,89
7,13
6,35
6,24
5,15

4,74

2007

2008

6,78
5,81
4,84
4,06

4,86

2,57

2,49

2009

4,88
4,47

3,85

2010

2,64

2011

http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/Exchange_rates_and_inter
est_rates
16

4.
1,25 2009 ( 17)
28

.
17

http://62.1.43.74/5Ekdosis/UplPDFs//syllogikostomos/12-c%20Michalopoulos%20229246.pdf

( 18) .
18

http://www.inegsee.gr/sitefiles/studies/EKTHESH_13.pdf

5.
Lehman Brothers
29

.


.
.
2010

. 2008
. .

, 2011,

ELA. ,
,
ELA.
130 .
19
20 ELA

19

http://www.eurobank.gr/Uploads/pdf/%CE%9F%CE%99%CE%9A%CE%9F%CE%9D%CE%9F%CE%9C%CE%99%
CE%91%20%CE%91%CE%93%CE%9F%CE%A1%CE%95%CE%A3%20ab%20%CE%9C%CE%91%CE%99%CE
%9F%CE%A3%202012.pdf

30

20

http://ec.europa.eu/economy_finance/publications/occasional_paper/2012/pdf/ocp94_en.pdf

, ,

, , .
2010
.
21

http://62.1.43.74/5Ekdosis/UplPDFs//syllogikostomos/12-c%20Michalopoulos%20229246.pdf
31

6.

.
.



.

, ,
,

. ,
.
60
. 18,7
2013.
.
.
.
.
. , .

100
50
ELA.

.
, ,
220 230 .

160 .
44

4 2013
13. 100

.
.


. . .
.
.

32

:

http://eparistera.blogspot.gr/2013/03/blog-post_31.html

33

You might also like