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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