GERMANY AND THE BCE FINISHED RUINING THE HAM OF THE "PIGS"

The Government from Athens continues negotiating with Brussels, the European Central Bank (BCE) and the International Monetary Fund (IMF) the conditions of a second rescue plan. Athens would accept to carry out new cuttings publics and to privatize active state, although they continue existing some obstacles. But Brussels wants to take the control of this new plan of austerity before granting new loans, in view of the failure possibly obtained by Athens during the last year for the pressure of the Bundes Bank.    

Among other measures, the UE shuffles to collect the Greek taxes directly and to decide on the privatizations. Athens doesn't like the idea, but to my if, and I believe sincerely that it is a very good solution, because not alone it would be also applicable to the other countries in problems, if not that it would create a principle of loss of nationalist sovereignty that could open the door, to the for my so wanted United Europe. But beyond these demands, the great one incognito it is if, finally, there will be or non restructuring of the Hellenic public debt.   

If Germany and their banks continue putting sticks to the wheels of the BCE if there will be restructuring of the Greek debt it is unavoidable you cannot continue putting patches with "Mini credits" of "Maxi interests" a debt that surpasses in a lot the possibility of return of Greece, I understand the fear of the Deutsche Bank of the Comerz Bank and of the Bundes Bank, but it is absurd that they wait a miracle the Greek debt it won't happen or it is eliminated once and for all or she will go growing and growing every time but.   

Up to now, Berlin defended that he expanded the payment from the funds to the private forks, but the BCE it rejects it frontally, sew that I don't see so dramatic I believe that an action combined between the private forks and the public’s would be possible to structure it. On the other hand, the International Monetary Fund (IMF) he/she requests clarity in the financing for 2012 before lending the necessary funds, it is clear the IMF sees the same problem that me, if they don't come to an agreement those affected European that I paint in this excrement. 

Before such pressures, Germany meditates now to leave in a second plane its petition of a restructuring with the purpose of facilitating a new package of help to the Hellenic country. This concession of Berlin would help Europe to overcome the dead point about the necessities of financing of Greece, before this is left cash without money by the middle of July, but this won't make but that to postpone another time the solution to the problem and last July begun with the added difficulty again that the markets will already be until the noses of so much in definition. 

The thing is simple Germany and the BCE they have to take one of two solutions: to. - to Restructure the whole debt of Greece calculating the times, postponements and up to where they could arrive with one it removes that could assume their affected banks and of course to force the Greek government to be intervened their finances, budgets and expenses so that they make sure the payments of the postponements, or, b. - the BCE puts above the table the rescue of the debt in being able to of the banks German French Belgian etc. (it doesn't negotiate with Greece) that is to say of the Europeans that have been defrauded by the financial traps of the Greek governments, Europe absorbs the debt and he/she forgets Greece until more to see, that is to say until it is regulated with a seriousness in its budgets in its deficits in its IPC and its GDP. 

I believe that if he/she leaves to discovered chest the international markets they were adjusted and they stopped to attack to the euro and the European bags and in definitive it was readjusted everything and the only thing that it can happen it is that: to. - the Euro a maximum of 15% is devaluated being to a value of 1.20 Dollars, that which said it is in passing, it would be mainly very good for the European exports the Germans, it would reduce the deficits of the European states, because they would be seen in the obligation of reducing its imports since they would be more expensive, but on the contrary, it would increase the industrial production characteristic with what would help to reduce the unemployment indexes in Europe. 

An action would force this way everybody, let us be not children, the rest of the world cannot pass of Europe, it is impossible a global economy without us, so they would be had to adjust all the markets, and don't fear 200.000 million necessary Eurus (110000 are already on the table), neither they are so many, neither they would be thoroughly lost since in fact serious to change an irretrievable debt for the debtor's apparent insolvency, for another that would be carried out to a worthy with solvency like it is the European Union represented in this case by its Central Bank which should settle down by means of a combined plan of paying-offs with the states European members, the effective paying-off of this debt. 

Representatives of the BCE, the IMF and the European Commission are in Athens to look for a solution and it is expected that they make public their conclusions next week. The first minister Luxembourger, Jean-Claude Juncker, trusts to reach an agreement before it concludes June. 20 in that month the European minister of Finances will approach this face question later to the summit of leaders of the continent of four days, I tell them that they lose the time and what is worse the money and the credibility that if off alone better Greece to go at the moment of vacations.