SOME PARALLEL FOREIGN CURRENCIES TO THE EURO ARE A GOOD SOLUTION, NOT ALONE FOR GREECE

The minister of Finances of Germany, Wolfgang Schäuble, it has outlined the possibility that Greece needs a parallel currency next to the euro if the conversations of the Hellenic country with the creditors don't prosper, people informed familiarized with the matter to Bloomberg. Schäuble mentioned the idea of both foreign currencies in a recent meeting, although yes it confirmed that it doesn't support him. To the view, the German holder mentioned the example of Montenegro that uses the euro, but he is not member of the area euro.  

In Germany opposing positions exist. While the own Chancellor Angela Merkel and their minister of Treasury say that the objective is to maintain Greece in the euro, Schäuble doesn't discard the exit of Greece of the community foreign currency. In fact today, Merkel has warned that it is "a lot to make" to close an agreement with Greece, in spite of the "very friendly" and "constructive" exchange that maintained yesterday with the first Greek minister, Alexis Tsipras, in the margins of the summit of the Oriental Association in Riga next to the French president, François Hollande. 

Well the topic begins to take form the euro they cannot finance it according to that economies and others as that of the United Kingdom don't want to know anything about him I save in the tables of the operative one of changes of foreign currencies I believe that Schäuble has the reason when it outlines a double it already sights more or less for Greece after so many years three the evidence he tells us that Greece with its economy cannot sustain its internal costs with the help of paying them in Eurus. But it is that there is more in this situation Spain and Portugal are and I will tell them but if they don't make the same thing it finished falling France because what nobody wants to realize (except Schäuble) it is that the control that these countries should put to its economy for the fact of having to count it in Eurus is such that they go pushing to the society to the recession or to the I don't consummate like want to call it. 

This causes a similar situation to the game of making fall the records of an I dominate on in vertical one to the side behind the other one, is evident that for the global of the economy of the euro area to have to save Greece is a high cost it is of such a caliber that allows Greece to blackmail the whole Eurogrup, the situation it is well known the debt of alone Greece to the Eurogrup is about the 200 thousand millions of Eurus 141,8 thousand millions of the Hellenic debt they correspond to the Fund of Rescue European Three countries 70% of the Hellenic debt they are distributed with the Fund of European Rescue, Germany, France and Italy. 

This situation is the one that makes inviable an easy solution because in fact except Greece the other European creditors are it almost for command of the UE but to what is certain it is that Greece cannot pay these millions of Eurus and at the same time to make survive its society. To go lengthening this end takes to that neither France, neither Italy, neither of course Spain, they can stop to keep in mind that they lack in their bills the debt of Greece because all know that it is unpayable. As it is easy to understand this it is a control to the general economy of the Eurogrupo and this cannot lengthen more because it is already affecting the own Germany that you go as their industrial production it lowers every month. 

The solution doesn't fit them the smallest doubt if one wants to charge the Greek debt someday it is to create an internal economy for Greece with the help of offering the possibility to be sustained with another foreign currency that undoubtedly he should have parity with the euro this would allow that Greece works as Montenegro its interior life he would mold to some salaries and some prices and some valued products and paid with the own foreign currency we put for example that the old Drachma that could have one given birth to say something from "200 to 1" was I don't know it with this currency the Greeks they would charge its pensions its subsidies they would pay its bread its rents they would buy its houses its cars what is but alone it would be valid in Greece the economists should study what real capacity he has the Greek economy to value it is "drachma" and more or less how many lack they would make put in circulation to make work the country. 

If it becomes well the Greek economy he would adapt at their true level and this would allow starting from here to grow because evidently competitive serious Greece in the face of stronger economies that of the euro and that of the dollar and if they hurry me that of the Russian ruble and the Chinese yuan, the game would consist in that once activated the Greek economy the state was making storing of drachmas and changing them for Eurus that in turn would allow him to buy to the external supplies like the petroleum the gas etc. And to pay its debts little by little without the Greek society has to see that he cannot live for blame of the euro. 

Those that we have lived as adults before the creation of the euro this has already known it the Spaniards we had the peseta that single it served in Spain and when we wanted to leave to the foreigner we said we should change pesetas for dollars or marks or Swiss francs and it didn't pass anything we are able to create an industry and an economy that it is the base of the current one and it is more I would say that in the last years it was better that now.