EUROPE. HE SHOULD FIND TODAY THE HALF POINT DE THEIR BALANCE

Whole Europe supposed that the two important speeches of their main directing Merkel and Sarkozy would be able to put of relief the determination of France and Germany of arriving to a resolution of the crisis of the euro. On the other hand, they have only been able to show the deep division between France and Germany. So much Angela Merkel as Nicolas Sarkozy coincides in the graveness of the crisis and in the necessity of introducing changes in the European treaties and a new fiscal discipline. 

However, the two leaders continue being more distanced than never on how to get this objective. This is the black point that always finishes putting in difficulties to the European Union, it is imperative to find a common politics that includes in a perfect balance the best and wiser in the two tendencies that they reign in the European society, the Latin part and the Nordic one, represented respectively at the present time by France and Germany.  

The marked speech on Thursday for the president Sarkozy, made stress in the primacy of the state-nation and in that the fiscal discipline should be gotten through intergovernmental agreements. On the other hand, the chancellor's address Merkel insisted in the conviction of Germany that a system in which the sinners continue being judged themselves, lacks the necessary discipline completely; in their opinion, only giving the fiscal control of the normative one to an organism supranational like the European Commission can guarantee herself the execution of the national objectives. 

In this duality I lean for the chancellor's theory, but I don't find correct the execution form that seeks to implant, because although the idea is to my way of seeing the correct one, it is not it in its development, what Germany cannot seek, is that all the other components of the euro area reply the German budget, because there is not another country in the area with the characteristics of productivity and credit in its commercial scale. I agree, what cannot make is to copy that he makes Germany and to force to reproduce it to the other ones if not that it is possible that this unification should force Germany to change some aspects of its economy in favor of the general balance. 

Given the distance among the two parts, can that it is too much to request that they reach a common position about the changes that should be introduced in the treaties or envelope the new protocols. The truth is that there is a point of peremptory necessity for both in that will be forced to consensual its positions, because the generic difficulties of the euro area already affect at both. The solution is as always in the half point, it is necessary to give or to unify like it is wanted to call it the political euro in a single hand, because we don't forget that the euro is then a single common foreign currency it is that that definition forces to that a common currency, have a fiscal and an economy of common base.  

The president of the BCE, Mario Draghi pronounced on Thursday a speech that could be quite more important that those already mentioned. Italian assured that the central bank would be willing to consider a series of extraordinary measures, although only when the leaders of the euro zone adopted the necessary steps to guarantee the fiscal discipline. It is not clear what would be needed to satisfy the BCE, although that that yes it is evident it is that, if it is not satisfied, the entity exposes the leaders at the mercy of the markets again until one of them gives its arm to twist. 

Angela Merkel will keep in mind today two very significant aspects when balancing the discussions with Sarkozy: one that the production of the private sector of Germany contracted for the first time in November in more than two years, with a growth moderated in the sector of services that was not able to compensate the stop of the activity of production. That is a clear symptom that their market of proximities is of vital importance for the German economy, if Europe stops Germany he stops, and the other aspect to keep in mind is the political reflection that Germany with its intransigence and arrogance is giving, so much to the Europa rest like the world. This fact has been worth Angela Merkel an exquisite dressing-down for its exhibition, on the part of Helmut Schmidt that has pronounced a speech that he has taught to the chancellor to its 92 years that and because Germany is what is. 

Today and in definitive during all the events that this week you must happen, the European Union and mainly their motor the area euro should find the point of final, but not alone balance to leave the current crisis, but to follow the definitive road toward the conversion of great world power that corresponds us, there won't be more opportunity to get it if one doesn't make Europa now it was absorbed by the force of the economic blocks that they are consolidating in the world.