The economic growth of the area euro was slightly
weaker of that expected in the first trimester due to a slower growth from that
foreseen in Germany, but it still registered its biggest increment in two
years, according to data published today. The office of statistic of the
European Union, Eurostat, said that the Interior Product GDP of the 19 countries that share the euro 0,4 percent grew in the period
of January-March to accumulate an increase inter annual of 1,0 percent.
The markets foresaw an expansion of 0,5 percent
quarterly and an annual of 1,1 percent. It is probable that to the growth they
have contributed the cheap prices of the energy and of the feeding, a weak euro
and the injection of money of the European Central Bank in so far in year. The
growth quarterly continues being the strongest from the second trimester of
2013 and it supposes a stable acceleration regarding the rates of 2014.
However The GDP of Germany you stopped more than that
waited by the weight of the descent of the external trade in the biggest
economy in the UE. Germany grew 0,3 percent in the trimester, after an ascent
of 0,7 percent in the last three months of 2014. That fact in comply the
consent of a survey of “Reuters” that he expected a growth of 0,5 percent. That
it is passing with Germany because their economy doesn't grow as the other,
because very simple Germany paying the abuses that it exercised with the euro
to the whole community of the foreign currency, is now while these last anuses
the euro to 1.4 dollars ruined to all the economies of the euro area in Germany
its economy it grew thanks to that its export market in fact took advantage of
that euro outside of all exchange logic.
At the same time like he said this it ruined the
productive and social economies from the rest of partners to the end the BCE he
has had to intervene and to make on one hand falling the euro and for other to
inject Eurus now in the market it is that the poor countries are more
competitive than the rich country, because they have had to lower wages costs
and benefits of all type now as the euro is balanced to the parity of the
dollar and that the poor economies have increased its productivity for their
low salary costs they are a competition of the German industry.
Germany stops for the falls of its exports and however
Spain Italy and France ascend to invest the tendency of their exports, the
effect euro today he becomes against its selfish person and blind defender is
as always the German sin it always happens equally them his haughtiness and his
security makes them short of view they are or they are always so sure of
themselves that you/they don't worry about looking beyond their
conveniences.
If instead of being located outside of the homogeneity
of the euro group because he went them well has wondered because he goes them
bad to my partners this that today passes them has not happened now it will be
Germany the one that will have to be adjusted to compete with the industry and
the weak economy per more competitive of its partners of the club of the euro
the question it is possibly he will know how to make it he will know how to
understand what has happened or it will continue in its obstinacy thinking as
so many times that the mistaken ones are the other ones.
No hay comentarios:
Publicar un comentario