The data of GDP
well-known today they have given the alarm sign since the area euro in their
group a grouper 0,1% it grew, enough below the growth of 0,3% scored in the
previous period. The reason of this deceleration is the bad behavior registered
by the two main economies of the area: France and Germany. The first one has
registered a negative growth of 0,1% that was not expected, this way the Gallic
economy he returns to the negative land, of which had gone out energetically in
the second trimester with a growth of 0,5%. The main reason of this relapse has
been attributed to the bad behavior of the exports of the country. That they
decreased 1,5% in the three following months, according to data of the National
Institute of Statistic (INSEE) Gallic.
The curious of
the case is that Germany although it grew the he has made in a ridicule 0,3%
that is a reduction of 50% on the figure of previous growth this slope it has
also been attributed to a reduction of the exports that was not compensated
totally by the increment of the domestic consumption, as he informed the
federal office of statistic, Destatis. In fact, the European Commission has
reprehended Germany recently for not undertaking actions to reactivate its
domestic demand, reducing this way the surplus of the country and contributing
to the combined economic recovery of the continent.
It is clear that
the erroneous ones political economic of the CE they are causing des adjusts
now without end we see that the two europa locomotives are braked by the same
cause the cuttings of wages of one of the countries with more difficulties that
is to say Spain, and this had not calculated it but it is very consequent what
Spain that every time has less consumption intern happens bases its reaction on
the export and to make it should be more competitive than the other ones,
without being able to be it for managerial and technological causes, so Spain
goes and he makes a devaluation of costs based on the wild cuttings of
wages.
And
"voilà" Spain undertakes a minimum reactivation of 0,1% that I don't
mention it so that artificial fires are thrown I say it because he gives me the
sensation that we are taking off each other the "bread". This you
confirms because the third in question, Italy, the third economy of the region
that has not varied as much as Spain regarding reducing salary costs continued
in recession (-0,1%), according to the first estimate of the fact published by
Eurostat.
Nevertheless,
the horizon could clear up in next months, according to the panel of experts of
the BCE that today has published its perspectives of growth and unemployment of
the euro zone. According to their omens, in the area euro a contraction of the
GDP of 0,4% will take place this year, tenth two better than its previous
forecast of August, what will allow an evolution something more positive of the
unemployment that will close 2013 in 12,1%, in front of 12,3% of the previous
presage.
I don't know if
this will be this way if we continue with measures economic des coordinates
although it doesn't seem him this is handle the CE it maintains a strict
control and some measures for example for Spain but I believe that there is not
nobody that studies the effects that these measures can cause especially in the
context of the rest of countries of the CE those of the euro area. I understand
that it should be almost impossible that a gentleman from Brussels tells to the
Germans that should export less and on the contrary to consume more in his own
country and things manufactured in the but it is that if the bills are not made
thinking of 300 millions of inhabitants of the euro area when they realize the
poor they will be removing the work to the richest. Because it is an in appealable
law, when a thing falls another ascends.
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