THE EXTRAORDINARY SPANISH ACCOUNTING

I don't leave my astonishment the minister countable solutions Salgado they are extraordinary, I believe that the studies of economy in Spain should be revised because the accounting now has changed we will exercise an easy to see of exposing my possible confusion, first we will put the antecedents and enunciated of the problem. 

Salgado offers credits to facilitate the payment of the autonomous debt, but it rejects the moratorium. The popular ones accept with shades the measure and they support to approve expense rules in six months. The Government tried to provide an oxygen ball to the communities and to avoid a sour confrontation with his responsible ones economic in the meeting of Fiscal and Financial Politics’ Council (CPFF).  

It was to avoid to all coast that a division without precedents jumped opposite and it was lethal for the image of a country whose cousin of risk was yesterday in the 326 points. This way, the vice-president Elena Salgado offered to the autonomies the possibility to return part of the debt of the desfase by means of being welcomed, starting from next January, to a credit of the ICO to make in front of half of the debt that you/they have contracted with the central Executive, to which you/they should return around 19.000 million Eurus in concept of liquidation of the advances received in the 2008 and the 2009. Then they were given money of more (it failed the forecast of revenues) and now he/she plays to return it although, as it seems, they will be able to him to make with help.  

Let us see how it is developed this gibberish countable. 

IT COUNTS CURRENT / STATE - CCAA                   

CONCEPTO	DEBE	HABER	SALDO
Adelanto recaudación impuestos	100.000		-100.000
Ingresos recaudación impuestos		81.000	-19.000
adelanto préstamo ICO	9.500		-28.500
ingreso CCAA prest ICO		9.500	-19.000

IT COUNTS CURRENT / CCAA - STATE      

CONCEPTO	DEBE	HABER	SALDO
Adelanto recaudación impuestos		100.000	100.000
pago de recaudación impuestos	81.000		19.000
ingreso ICO		9.500	28.500
devolución préstamo ICO	9.500		19.000

             

If what you/they sought is to get dizzy the partridge it is worth, because to try to convince to the markets tururú!!!. I cannot understand that they want to make, the bills are like they are and the money are of the one who are, to put to the ICO between it is anything, the ICO it is the state public country property they are the same money, and like one can observe for the simplified countable example that I have configured, it seems that after the whole afternoon gathered judicious economic leaders of the country the 19.000 million Eurus that Spain owes Spain continue being 19.000 million Eurus.  

Another thing is that they leave returning or rather compensating in another way this desfase of transfers but that in any case one can say that it is debt one it doesn't owe himself anything to if same I already said it and I maintain it. Salgado committed with the communities to specify them what quantity it will correspond to each one of them of the 8.000 millions that the Government, next year, should surrender to the autonomies to have foreseen revenues for the 2010 minor to the really registered ones. That is to say they were treated in health after seeing the fiasco of the budgetary happiness of the happy ones 2008 this quantity it is the one that I would understand that the central state says to the CCAA now I don't return it to you raisin to balance part of the desfase that we crawl it would not be easier to act this way.