THE EURO AREA SAVES THE EURO FOR THE HAIR, BUT SPAIN THIS IN THE SAME HOLE THAT WAS

"The leaders of the 17 nations that integrate the euro area gave before Spain and Italy" they title the economic and daily press of Spain. My God how mistaken they are and as much as wrong makes with these comments, unjustified clearly, to the society that suffers and it tolerates unspeakable penuries because when reading these holders they don't understand that it is really happening, the Euro area reordered the conditions of help to the banking and they will allow to countries in problems, as Italy and Spain, to appeal with more facilities to the funds of help of the euro zone, and here the history ends. 

The agreement about the helps, in the longer session, it was preceded by the threat of Spain and Italy of not signing the Pact for the Stability and the Growth that it was approved by 120000 million Eurus at the end if they didn't offer better conditions to the help of Brussels, to get rid of the irresistible increment of the interests of their debt. Because Brussels consented, in the bottom not for the pressure of both countries but for the necessity of saving the Euro that is in definitive what is in game   

To tranquilize to the markets, the countries that fulfill their budgetary obligations can receive direct help of the funds of the UE without the obligation from undergoing severe plans of additional adjustments, either through the European Fund of Financial Stability that is at the moment in vigor with temporary character, or of the European Mechanism of Stability that foregone will enter in vigor in July with permanent character. 

On the other hand, he/she is allowed Spain the direct recapitalization of the banks, although under a "very strict" supervision, like he noticed and the president of the European Commission, Durao Barroso. This supervision will be implemented quickly and it will be in charge of the European Central Bank, just as he came demanding the German chancellor Angela Merkel, in a plan that won't be in operation until year ends. 

This way, the loans dedicated to save the Spanish bank sector will no longer be channeled through the State, I eat up to now, and therefore they won't pass to augment the sovereign debt of Spain and this is everything, and it is necessary to take it in their fair measure, Europe has not saved Spain by no means, Spain is falling for a cliff without our government and our economy is able to stop this fall, the Euro Area has put again and I prepare to be able to maintain more or less I live the Euro, thing that is already very on the whole, but that in my opinion to Spain harms us more than it benefits us. 

Pessimist will say you, I don't believe that not simply realistic, the adopted measure this dawn is simply a patch of so single 62,000 million Eurus for the banking, to correct lost and you break it doesn't stop to foment credits to the consumption society and the industry, so of this "victory" the Spanish society already overwhelmed to the maximum he won't benefit, if they will make it the European financial entities that are plundered by loans inter banks and investments in the broken Spanish banks. 

Very on the contrary the resulting situation fattened the financial pressure on the Spanish treasure, he is already saying on the part of the government that not alone they will decrease retributions to the officials but rather they will decrease in important number, at the same time that the reduced IVA rose to bench marks impossible for all the great quantity of society that alone he receives emoluments of between 450 and 1000 Eurus a month, they will be had to pay medications, you will go up the light 4%, and with everything and with that not alone we won't lower the deficit, but rather we will increase it. 

See the cascade of negative effects of these measures: the discharged officials increased the grants of the unemployment, as a lot of part of the society he/she won't be able to pay the medicines he stopped them to consume, this besides the social health, affected to the Pharmaceutical industry that workers that augmented the unemployment subsidies, will say goodbye to and the slope of billing will also lower the revenues of the treasure, the same thing will happen with the receipts of the light, the unpaid ones will produce courts of assaults and reduction of revenues to the electric companies, with what I don't know like it will solve the state the famous debt of rates that he doesn't stop to be but that an I surrender to add to the sovereign debt, because in the bottom it is the government's action that has accumulated more than 24,000 million debt. 

Everything continues same or worse in Spain, I would say alone that the Euro has stopped its fall if the terms of the application of the measures are completed before concluding this 2012, with the new bank situation in Europe can be that the life of the unique currency this safe one, but I didn't seize Spain and its evil economy, Spain doesn't have capacity and it cannot reduce more, neither it can increase more its tax pressure, to a society to which the own government doesn't give him means to be able to make in front of what the own government demands him, is not way, the unemployment it ascends because every time there is less activity in the country and without activity the GDP leaves to the “garete” and with him the taxes and the social and state economy.