THE SUICIDE OF THE EURO GROUP PLANNED OR WITHOUT CONTROL? THERE IS THE QUESTION

The decision of the Euro group of putting the hand in the wallet of the thrifty chipriotas in exchange for a rescue of 10.000 million to the country is a polemic measure, without precedents and that it can sow distrust in the financial institutions of the UE that it has also obviated its commitment of guaranteeing all the bank deposits. 

This action without a doubt is the principle of the end of the euro group (and we will see if it is not also it of the own euro) the fundamental of this decision is that it is accepted for almost most of countries belonging to this group of the euro, but I don't believe it to me it is evident that this it is a measure imposed by Germany; although in my opinion it is correct it doesn't stop to be a measure that questions the coexistence of some of the partners of the euro because it is evident that everything is to begin if one makes this way an action with Cyprus (that repeat it finds correct) because one doesn't make with Greece or with Portugal that is already evident that they are not able to with their own GDP to reestablish their economic balance. 

It continues being stupid on the part of the euro group to seek to lengthen the situation of social and economic decomposition that you this taking place in almost the whole extension of the euro group, the economic recession of Spain and the dissociation of the political forces in Italy that they prevent it first to form government and I eat consequence to give a trust to the own euro area that will complete their commitments, it takes us to suppose that after Cyprus they will come more you remove or expulsions. 

Maybe do make a mistake but do I believe that Cyprus won't accept the imposed economic measures it is of crazy for what reason to accept them? He doesn't have felt Cyprus it is not anything it is an earth grain in the economic configuration of europa they think you that it is rescued according to the reports alone with 10000 million Eurus, compare it with the figure that single Catalonia should reduce of expense this 2013, 4,500 millions and in theory although to anger he can make it, then that we are speaking that it is Cyprus for the euro area it is a total nuisance neither he has economic capacity neither necessity some of being in the that clear euro it is a double error to stay in him, an error on the part of Cyprus and another that the euro group is in evidence with absolutely unjustified measures to finish forcing a sung situation. 

Let us return to the reality that is a lot for the euro area since Cyprus less than Balearic for Spain notices you the population from Cyprus belongs to about 785.000 inhabitants of those that there are Turkish and Armenian Greeks that is to say her unit is a lot to want and her GDP is of 16.380 million Eurus 20,866 per capital to these figures and I eat comparison we compare those of the Spanish Balearic Community its inhabitants they ascend to 1.115,000 and its GDP to 26,041 million Eurus 23,355 Eurus per capita, before this I ask that we are speaking because the euro group has to be played its stability by anything it is that simple. 

The absurdity of this measure is for me a possible key to open other processes of cleaning on the part of the euro group I sit down it but I see this way it I believe that the chipriotas thinks it to him, they broke and they left to the euro group with a span of noses, and they stayed amid the Mediterranean as a tax-free island, with a tourist capacity that you/they can improve with an own foreign currency that makes it more competitive if it fits in the tourist world and with the possibility of being at times Turkish and at times Greek according to it suits them. 

Don't fit them doubt that depends on what passes in Cyprus Greece if Cyprus admits the holdup of its deposits on the part of the euro group the second attack it will be and so forth in Greece this measure it jumped of country in country of the euro Mediterranean this is the reality we are before the most dangerous test that Germany puts at stake to see until where it can already press in its domain overpowering of the economies of the partners of the euro group. If Cyprus falls and he pays behind we go all the other ones.