Hedge Fund Slams Portuguese Bonds With 64 Page Slideshow | Zero Hedge

Fundo financeiro que aposta na quebra financeira de Portugal desanca, com razão, o foguetório ilusório com que começámos 2014.

• The EIB Has Lent More Funds to Portugal than to Any Other Country Relative to GDP
• The European Rescue Funds EFSF and EFSM Represent 22% of Portugal’s Sovereign Debt
• The IMF Already Represents 12% of Portugal’s Sovereign Debt
• Europe Has Already Given Portugal an OSI Without Asking for Concessions From the Private Sector

Common Misconceptions

• Misconception #1: Portuguese Growth Has Turned the Corner
• Misconception #2: Exports Can Save Portugal
• Misconception #3: Portugal’s Bond Exchange Was A Success
• Misconception #4: A Portuguese PSI (1) Would Lead to Portuguese Bank Recapitalizations
• Misconception #5: A Portuguese PSI Would Create Contagion Risk
• Misconception #6: Portugal Is Not Hiding Debt
• Misconception #7: The Greek Sovereign Restructuring (PSI) Was a Mistake

Hedge Fund Slams Portuguese Bonds With 64 Page Slideshow | Zero Hedge

NOTAS

1. PSI—Private Sector Involvement designa a participação do setor privado, por exemplo, num 'haircut', assumindo parte das perdas numa reestruturação parcial de uma dada dívida pública.