jueves, 5 de febrero de 2015

GREECE AND THE UE CAN DISCUSS TO DISCUSS BUT AT THE ALONE END THERE IS DOS SOLUTIONS



The Greek confusion is absolute and it is incongruous the fact of recognizing that it cannot sustain its debt and to seek to make to see that Greece can choose how to clean up its public finances and to make that its economy grows, maybe they don't explain to it well, but what I have clearing is that I don't understand it and I don't know how he will be able to continue without enlarging its rescue program some more months, to win time to negotiate the steps to take that they are two to tolerate and to stay or not to tolerate and to be left dl euro. 

The rescue of Greece is drained at the end of February. Unless it is enlarged formally, Athens won't receive a final tract of help of 1.800 million Eurus neither he will be able to opt to a bigger relaxation of the terms of loan of the area euro. And today the BCE has announced that it won't admit Greek funds as guarantee for loans of liquidity but in spite of everything, the new Government of left of the first minister Alexis Tsipras, he has said at the moment that he/she doesn't have intention of requesting an extension and he wants to reject the program of 240.00 million Eurus and the strong supervision that it bears. 

Without some type of back of the area euro, it is unlikely that Athens can be financed by itself in the market in a sustainable way. The Greek banks won't be able to use the Greek funds as guarantees to consent to loans of the central bank and they would be depending on the help of emergency of the BCE to finance their daily necessities. I believe in definitive that Greece gives the whole impression that he wants that the UE enters in crisis for its blame, and I eat consequence it tosses it of the euro and of the UE. 

This possibility offers an image of Syriza and of very not very democratic Greece, that is to say in my impression Greece has gotten lost to itself and it should recompose, the Greek politicians up to now have been a disaster, but let us don't forget that the Greeks have voted them an and another time, that makes that they should assume its blame part because we don't deceive ourselves, to the Greeks he has already gone well them to live off the state without worrying about the economic reality of the country during many years. 

Now it is practically impossible that Greece you to redo like a country of configuration social and economic chord with the norms of the UE, this understands it, the sacrifices to support are enormous, let us don't deceive ourselves, here the Spaniards already begin to be very fed up with the social situation in the one that have entered the regulations of the UE, and that that we are at a very superior level to Greece is not difficult to understand that Syriza has been made with the government, the same thing that will happen here with PODEMOS. 

The question is that the road to solve what Greece wants, from an organization like the UE that it is not an association of countries a country, is impossible because for this same reason one cannot make exceptions with a country of the union of countries, since automatically he should reproduce in all the other ones or it would be an apparent injustice. It doesn't should it turns this matter like a case that alone it affects Greece like they seek from Syriza and they believe many people here in Spain. 

I have already written it too many times but it is that day after day you arrives to the same point, he cannot forgive himself the Greek debt and he cannot pay himself the Greek debt for the Greeks, they can already give him the turns that they want and they already can Germany the BCE to threaten to stop to finance them and the Greek minister to visit half Europe, the reality is the one that is and the alone solution can take from two points of view or the whole European debt is assumed (that of Greece that of Spain that of Italy that of Germany etc.) and the famous funds of European debt are believed, thing that Germany doesn't want, or Greece of the economic context of the euro area leaves and that it negotiates with each one of their creditors as he can. 

With the first solution the problem is eliminated on the whole, with what the European Union really becomes an economic unit, the debt is common and it would be negotiated in the markets as the debt of USA to give an example. The second alternative is the alternative for a country like Greece that sincerely believe that for its size and its constitution can make it, but that it is not worth so that it is considered acceptable as a unique difference inside the UE 

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