IT IS THE ECONOMY OF THE UE THE ONE THAT PUTS NOT ON THE CONTRARY IN DANGER THE EURO

The UE maneuvers "in extremis" to reach an agreement with Greece and to avoid a catastrophe, but for the first time you see really be in danger the irreversibility of the euro with an anything desirable and even hypothetical "grexit" that would suppose the end of the myth of the inalterability of the unique currency, according to some analysts. But it is that the irreversibility of the currencies is in fact that, "A MYTH" there is not any divine neither impossible reason that prevents that the circumstances make change a currency, if this was this way, the EURO that I in fact substitute many would not exist or they don't understand it. 

Certain that the European Union never before has been so near an exit of Greece of the euro, but one day or another had to happen, this fact was already braked in the 2012 when he remembered the second rescue of Greece, and what has passed at the end already come it is unavoidable that Greece is remote of the euro, if the UE wants that this foreign currency continues being banner of the political and economic Union of the western Europe.  

A currency is not more than the reflection of an economy, but the currency is not the economy, it is on the contrary the power of the economy he makes the currency, alone it is necessary to make memory and they will see that never the peseta, for example, made big and powerful the Spanish economy, however the German economy if he made powerful the Marco and Switzerland the Swiss franc and the USA to the Dollar. However the Dollar the strongest foreign currency in the world, doesn't make big to the countries that used it for example in its moment Argentina. Greece if you doesn't leave the euro it killed to all their economy and the possibility of recovering it because their economy cannot support the value of the euro  

There is not any even and scientific reason that he says that because Greece stops to belong to the Euro, this he has the danger of disappearing, at all however if there are clear economic reasons and you specify that if there is more economies than they cannot be developed with the costs that it bears the maintenance of the value of the euro, if they ended up separating, that is to say the focus is totally different it is not the euro the one that puts in danger the UE. IT IS THE ECONOMY OF THE UE THE ONE THAT PUTS IN DANGER THE EURO.  

If the UE is afraid that if Greece abandons the Euro this it breaks he is looking at the problem from the contrary side, what has to see the UE is that if continuous Greece needing more funds and more sacrifices on the part of the whole euro area so that this it maintains artificially to the euro, what will make is to put in against to the whole European societies that won't admit, for pure logic, to have to pay a sacrifice that doesn't correspond them and in these circumstances if they will go abandoning the euro one after other, the nations that today welcomes him.   

The economic infection you could negotiate better or worse, but the politician would continue being the important one, if the Euro has taken to Greece to a political state of characteristic neo communist, it is simply because the euro is very above the economic capacity of the Hellenic country, and to try to maintain it has taken to destroy the life of its society, this it is the reality, there is no other and this doesn't get ready helping Greece so that it maintains the euro but helping Greece so that its economy leaves him and remake according to its capacity to produce its GDP.   

But incredibly it seems that to avoid this way a scenario, Europe has summoned an urgent summit of leaders of the Eurozone for Monday. The postures of the two parts of the negotiations with Greece have become hard, so much that have never been so distant one of the other one. There are three fundamental elements for an agreement, in relation to the surplus, to how the debt is negotiated and, the most important, the trust in a monetary union.  

The creditors demand a primary surplus (revenues less expenses without payment of types of interest) of 1% of the GDP this year, of 2% in 2016, of 3% in 2017, and of 3.5% in 2018. This is to request the impossible thing and it is impossible because Greece doesn't have any real surplus, Greece he has to remove its citizens part of its food, of its sanity, of its education, of its pensions, he also stops to go losing points of its GDP that is valued in Eurus. 

Syriza, requests a moderated adjustment of 0,75% this year, of 1,75% in 2016 and of 2,5% in 2017. If we added these fiscal proposals for the period of 2015-18, the difference among the two quantities it ascends to 1% more than the GDP demanded by the creditors. Look at you for where he looks at himself, this difference is substantial in relation to the GDP, although irrelevant if it is compared with the total of the debt.  

But it is that this is requested after Greece has already suffered a contraction from the superior GDP to 25%, it is logical that Greece requests a cutting of the surplus, but it is logical to know that alone it is to win time, because it is impossible to get it. Greece won't have surplus but rather it continued having deficit while it doesn't change monetary and economic system.  

Their level of public and private debt (that it seems that they forget this debt) it is such that it overcomes in more than twice as much their GDP, with what the economic collapse is total. Experts from all over the world have requested a reduction of the debt in Greece. It is necessary to wonder if a high debt level demands a high surplus that blocks the growth. The answer is yes. Or surplus or debt and I believe that neither to a thing neither the other Greece, he can make them front.  

It could be said that the surplus is not really necessary. A more progressive reduction of the debt with regard to the GDP requires access to the market so that Greece can pay to its creditors on time. Since Greece was last year about to recover the access to the markets the, it is probable that it can begin the refunds of the UE with access to the markets in 2020. And, without a doubt, the ratio debt-GDP in 2030 of 115% would be compatible with the access to the markets in the same way that it would be it a ratio of 105%. This I find a joke in poor taste like he will intend to a society that suffers the unspeakable 15 years more, total to maintain a currency that is not his and that other crazy Greeks and the propagandistic interest of Germany and France make the eyes so that Greece enters in this economy that they already knew that they could not pay.  

He can that the biggest lesson in the recent crisis is that an economy cannot grow if there is not trust in that economy. Since the Government of Syriza arrived to the power and it began to negotiate an agreement of the debt, there has been an important loss of trust. In fact, the profitability’s have ascended a lot in the last months. On the other hand, the European Commission has revised the forecasts of growth from its GDP to the drop, in spite of the reduction of the austerity and of the on fiscal politics in March for Syriza. Although it is not an overwhelming conclusion, this makes think that that that more he/she needs a country like Greece is trust. And the trust is the result of the political action and of developing the trust with its European partners.  

And so that he recovers this trust, the structural reformations are a very important part. According to a study of the IMF, the structural reformations can have very positive effects on the global productivity. The OECD coincides: the countries with good institutions, a low level of corruption, the appropriate levels of competition and better educational systems usually register a better evolution that the countries that lack these characteristics, like it is the case of Greece in these moments, but I believe that if in the economic thing it is bad the system communist neo of Syriza, is not it in these other aspects of the trust I of redoing the Greek society, the only thing that the UE should propose is that Greece leaves the euro, but that he has the financial market of the open UE so that Syriza normalizes its society. 

Nobody knows what will pass everything it depends now on Greece, since June 30 conquer the term of the second extension from the rescue to the country and that day Athens he should make a payment of 1.600 million Eurus to the IMF. It worries the multimillionaire flight of capitals mainly in Greece and at the moment in the Eurozone it is not known if the Hellenic banks will open up on Monday if at the end of the weekend an agreement is not glimpsed at technical level between Greece and their creditors. The contingency preparations include a control of capitals in case an agreement is not reached, according to community sources.