I FIND THAT THE EURO AREA ENTERS IN AN ALLEY WITHOUT EXIT

The market markets and the euro go up with force in the face of the possibility that Germany is shown more flexible with Greece. As it publishes the agency Bloomberg, Angela's government Merkel would be satisfied with which Greece committed to make an economic" reformation demanded by the creditors to pay the necessary money "at least so that Greece goes subsisting, incredible but certain, why she makes it I don't believe that it is Greece but rather Germany considers that if it doesn't give now it can exploit him more in the expensive Spain and some country. 

With everything, Germany would maintain the demand of a complete package that includes ascents of taxes, sales of public assets and a reformation of the system of pensions. That that yes it seems willing it is to unblock the helps if he receives a clear commitment. And on what would it consist that commitment? It would be a tangible act. For example that the legislation arrived to the Parliament. Germany, also, would not have problems in continuing enlarging the help again if Greece introduced specific measures to complete the agreed objectives the memo of signed understanding the past February 20 again. 

In principle, the current program of help to Greece expires June 30 and there are not slips of a later agreement. But this new reflective posture something more than flexibility on the part of Germany. This apparently is enough for the markets that continue thinking that with the time they charged the Greek debt. While, they follow the speculations of a meeting of Merkel with their Greek homologous, Alexis Tspiras, and the French president, François Hollande, today in it an separates in the summit between the European Union and the countries of Latin America and Caribbean. 

The chancellor insists in that Greece should complete the agreement to which you last month of February that gave Tsipras four months more to advance in the necessary economic reformations to unblock the 7.200 million Eurus that subtract of the last rescue arrived. With the new posture of Germany, Tsipras get something of oxygen again, since unpopular measures as the discount of the pensions would be delayed until next year. That yes, to obtain the help he/she would have to begin one of the big demanded reformations at least, according to the sources that have not clarified which he would have to be. 

That is to say the truth is that we are where we were, but with some months of more interests to get paid, and of more possibilities than finally everything it jumps for the airs but it is that that "getting paid is easier to continue waiting". At the end it is clear that of I don't agree in I don't agree at the end we will arrive to the NON SOLUTION and then the things will be definitive and the most probable thing, as always that the solutions are delayed more complicated. 

As it insinuated before I fear myself that this posture is not more than not to want to enter now in more political and economic problems, let us recognize that the UE has visible among hands enough problems: the treaty (UE - USA) it doesn't advance, the economy of the euro area neither, and in November Spain has general elections after which can meet with another problem the same as the Greek maybe Merkel tries to hope to see that she passes to take a more definitive solution in this respect of what to make with the Europe that cannot pay not to spend all the cartridges for alone a small country like Greece. 

But what doesn't want to see Merkel is that arrived the 2016 Greece will continue without being able to pay without applying the reformations that are requested and they will be poorer than now and also to this truth he met with a new Spain governed by government's type almost impossible of being governed among them that the only thing that will unite them will be to be made the Greek. And this doesn't finish here, before the disaster that this represented he will possibly unite Italy. In short another time Germany puts us in a dead end and when we arrive at the end we will be without the possibility of returning back.