TODAY CAN BE THE GREAT DAY TO MARK IF GREECE LEAVES THE EURO OR NOT

To write almost at the same time on this topic this morning that he takes place the meeting of minister of economy of the UE to discuss that situation conforms to with the different attitudes of the economic politics of Greece and the economic politics of the euro area, it is a very daring risk but as me I have very clear the points to decide dare to comment on the topic to expense of making the most awful ridicule because to guess what the politics can think and to make is almost impossible. 

It is already too evident that the European and international markets need to know that it will pass definitively with the Greek economy inside of or outside of the euro group in my modest opinion have already repeated it alone many times there are two possible solutions: one that the UE assumes the debt of Greece or its conditions and the other one that Greece assumes the conditions of the UE like everything seems that none of these solutions will be considered in my opinion the only thing that is it is that Greece abandons him euro group and the euro and leave to the international market to see that he fishes. 

And this last he should make because if it doesn't act with rigidity, the euro group you dismounted and frankly for 2% of their GDP it is not worthwhile to run this risk the international market it already discounts it. S&P The agency of credit qualification considers that a possible exit of Greece of the area euro would not imply big risks for the region, keeping in mind that the total loss of the credits would not harm the credit valuation of the creditors. 

As the analyst explains of Standard & Poor's, Moritz Krammer, "Against those that many believe, the debts are not too high in comparison with the economic capacity of the creditors" this is what I always come saying the euro area she has to not decide so much envelope the cost but on the fact that a partner puts on against fulfilling their obligations acquired for very hard that are this it is the dilemma and in this point if Greece wants to impose its economic disobedience in front of the rigidity of the euro area it should assume its exit of the same one before the illusion that two debt percent modifies the whole GDP of the UE. 

Germany has dedicated more money to the rescue of the bank sector than to the borrowed helps to Athens that would lose if finally Greece finishes leaving the euro and the unpaid of its debt takes place. In case Greece abandons the area euro, Krammer he believes that the infection danger is not too high. "The economic capacity of Greece is already of for yes little and their bonds with the euro zona are even smaller than it that this he could think", the analyst has explained. 

I agree completely however on this position I am not he in the fact that Greece stops, the consequences of an exit of the euro area would be disastrous, according to Krammer. "People would have make all the sacrifices that she already had to make", again he has pointed, an exit of the euro and the credit lack would make for extremely difficult Greece pay its imports of fuels, foods and medical material. 

I believe that facto Greece is already outside of the euro of there the situation so hard in that its society is installed and that it has taken it to vote a much more similar politics to the communism of those that many believe and in these circumstances I believe that the society won't suffer many more penuries and that if they know how to make it well an own microeconomic they were created that can be they for size and inhabitants enough. 

The agencies of qualification of risks Fitch and Standard & Poor and Moody's have placed to the four banks Greek more important low surveillance with negative perspective for the political and economic uncertainty that reigns in Greece in these moments. All the agencies pointed out in communicated that the strong exit of deposits in the last two months and the decision of the European Central Bank of stopping to accept the Greek funds in their refinancer operations has generated an uncertainty in the liquidity and capacities of financing of the Greek banks. 

If the negotiations with the Greek Government's official creditors last a lot of time, the financing conditions and of liquidity of the Greek bank sector they can still deteriorate more, they affirmed the agencies. But this doesn't mean that if the uncertainties end in a sense or in other, the credit situation is stabilized then we will know all, mainly the Greeks, if it has left them well or not its rebelliousness.