GERMANY PLAYS TWO BANDS WHILE IT BREAKS HELPS OF THE BCE IT WILL BE INJECTED 10,000 MILLIONS

The president of the European Central Bank (BCE), Mario Draghi, it has rejected that disagreements or division exist between the north and the south in the breast of the Council of Government of the monetary institution, leaving to the step that rumors that pointed to a possible one plant of some governors of national banks. - About these information’s, allow me to say in the first place that it is quite normal that there is a disagreement in some things, it happens everywhere. But I believe that the best answer to this is the fact that the introductory declaration that I have just read has been approved and signed unanimously - he has said today Draghi but it has not convinced anybody this sounds to excuses. 

And that the members of Government's Council have expressed their "unanimous" support to the adoption of new non conventional measures in case it was necessary to confront the risks for the economy of the derived area euro of an excessively lingering period of low inflation, he doesn't say he swims the BCE at all it will lose their credibility like continue saying lies, or maybe rather, don't say truths, 

That the BCE is unanimous in applying more stimuli if it was necessary, it is a false true because I would ask to the advice. What is it necessary them that happens so that they consider serious the situation of more than 60% of the euro area? The advice of the entity that maintained the types of interest in the historical minimum of 0,05% questioned on the option of throwing a program of quantitative flexibility (QE), Draghi remembered that the effects of this type of measures are different in function of the initial conditions. If it is not monetary financing, he enters inside our command and while we are inside our command we are sure, the Italian banker added. Sure that that Germany allows it? 

Well while these white lies were known it jumped regular that Germany will invest in itself obviating the BCE and all the countries of the UE. The investment announced by Schäuble takes place in a context of worsening of the economic scenario in Germany that has taken to the German Government to revise to the drop its presage of growth and also today its forecasts of fiscal collection. But this neither is completely true, what happens is that the revenues of internal origin of the UE miss the German economy for the crisis already chronicle that has settled in her. 

According to the German minister of Finance, the investment plan has been agreed with the chancellor Angela Merkel and the minister of Economy, Sigmar Gabriel. Up to 2018 the German public budgets will have 21.000 million Eurus less than that budgotten up to now. Only for next year the forecast of fiscal collection has decreased in 6.400 million Eurus and this alone it is the principle. 

According to Schäuble, Government's coalition has created a maneuver margin that it allows him to dedicate to internal investments anything less than 10.000 millions maintaining a strict expense discipline. Imagine like the German economy is he doesn't have anything to do with any other member of the club of the euro the deposits of Germany they should be incalculable because to dedicate 10,000 millions to spend approximately in three years represents 3.300 million per year maintaining the expenses what bears to maintain the economic deficit of the country for logic. 

Of course the president of the Confederation of the Industry Germany (BDI), Ulrich Cricket, it has celebrated the announcement of Schäuble. It is guessed right that the government wants to use the margin that has to impel the investments, it is a good sign for a long term" consolidation politics, it has assured Cricket, for who is something that gives trust to the private" investors. 

The Federation of the Industry of the Construction has also welcomed positively the announcement and its manager, Michael Knipper, he has affirmed that it had arrived in the correct moment. "The sector of the construction celebrates that the government takes into account the concerns of the industry and especially of the sector of the construction and be resolved to combat the deficit of investments", Knipper has said. 

As the industry and the German manager they won't praise if they will put them 10,000 millions to invest and therefore to maintain a much higher rhythm of investment in productivity and technology, above all the countries of the euro area. I would be also happy that the government from Spain puts 10,000 I not already conformed to with the 3.000 that correspond more or less to an annuity. 

But it is that it is not single Spain the one that cannot follow this rhythm it is that it has been already for days the whole euro area I refer to this topic and I no longer know as denouncing it so that they understand it France, Italy, Spain, Portugal, Greece, Ireland, etc. or they put in order to Germany or we should abandon the UE and of course to stop to pay the debt acquired in Eurus because finally it is clear that this is what has been taken for before to all the economies except the German.