The Greek
Government has presented to the accrediting institutions a new proposal, more
specific, on the restructuring of the debt, according to a document filtered by
the daily Financial Times that has published the document. This plan, included
in their global proposal for an agreement of extension of the remitted rescue
this Monday, it contemplates the reduction of the debt that at the moment
almost reaches 180% of the gross interior product (GDP), to 93% in 2020 and to
60% in 2030. How would it achieve it? Because restructured, in a way or of
other, the debt that should to the four public institutions that have rescued
him: the BCE (27.000 million Eurus in funds), the IMF (20.000 millions), to the
rest of countries of the Eurozone (53.000 million in bilateral loans) and to
the bottom of European rescue (144.000 millions).
In the first
place, the document proposes that the European Mechanism of Stability (MEDE) he
lends those 27.000 million Eurus directly to Greece that would use them to
cancel the funds that at the moment are in possession of the European Central
Bank (BCE) that is to say changing the place debt because there is not
reduction of any figure. When passing to duty to the MEDE instead of to the
BCE.
Greece would get a
double benefit: on one hand, he would pay lower interests that those foreseen
for the funds in hands of the European Central Bank and for other, the new loan
would conquer later. Typical action designed that is to say surely by the
financial pirates of the USA another time Goldman Sachs to which already knows
for some time. Of being accepted, this proposal would have an immediate effect
for the country, because in July and in August they conquer funds in hands of
the BCE for a total value of 6.790 million Eurus that Greece is not in
situation of returning and that it is supposed the he would make with the I
deposit of 27.000 million whisked away the MEDE ¡fantastic!.
For the refund of
the Greek debt to the International Monetary Fund (IMF), the Executive proposes
him to be paid 45% immediately (9.000 million of Eurus of a total of 19.960
million Eurus) using the benefits of the Hellenic funds that are in hands of
the European monetary system, benefits that in fact come from the funds that
the BCE shows and of those that he already remembered that they were returned
to Greece. Is of chill the Greek funds of the BCE that are now of the BCE they
seek them to be good to pay to the BCE for the benefits that this it is able to
obtain somebody of you it compares Greek funds?
The Greek
Government also proposes the transformation of the bilateral loans with his
European partners corresponding to the first rescue in perpetual funds or funds
whose interest goes bound to the evolution of the Hellenic GDP, although he
also intends that is to say an annual interest of 2-2,5% to never pay never
that yes without saying it and maintaining it as perpetual debts. This way it
would still enlarge more the expirations of a first rescue that it has been
restructured in multiple occasions, and, like he explains the FT, and I, in the
bottom supposed to recognize that Greece will never return completely these
funds.
Lastly, the
document proposes also one it removes of 50% of the loan hired with the
European Fund of Financial Stability (FEEF, the old rescue bottom), for a value
of 144.000 million Eurus, and the rise of the type of interest of 2,5% to
5%.
The benefit for
Greece would be the nominal reduction of its debt, while the cost for the
creditors would be minimum thanks to the multiplication for two of the type of
interest for the 72.000 million Eurus that the Hellenic country would return
after the expiration of the loan. In fact, Greece would continue paying the
same quantity annually.
This way, with
this new plan, Greece would win a beautiful time, since he has to pay to the
BCE between July and August 6.700 million Eurus, and he would pay all that
should to the IMF practically (9.700 millions) this year. In spite of the
"creativity" and "ambition" of the plan, like it recognizes
the British newspaper, it seems not very probable that the partners of the Eurozone
accept a plan that recognizes that Greece won't pay its debt.
If somebody didn't
know the cheat of the restructuring up to now he already knows it in few words
Greece he won't pay he swims it will never limit to play with the stupidity and
lack of seriousness and character of the UE and he will make pass thousands of
millions of a bill and entity to other, until at the end he dies the creditor
or the debtor or both. Brilliant this, my dear readers, it offends me and a
lot, I cannot accept more east intent of structured swindle the same as the
"subprime" already of sad memory I sit down it a lot for Greece and
the Greek ones but I don't accept that they try to deceive me and to swindle me
to me and all the Spaniards that are losing salaries, security, homes and
pensions, as them but that at the moment we pay.
So the solution is
not this it’s a shit the Greeks or the UE they eat up it is made with the whole
shit spread by the whole euro area he makes blot and new bill but for all and
turn to begin, unless once and for all they understand that the UE is
impossible and that it is necessary to return to the European common market and
to leave us of unique currencies and unique taxes because like one can see the
old one, the oldest in alone Europe he seeks to deceive us and to be made traps
to the loner because this whole plan is impossible to take it to good term
because it is based on the songs of siren of the Odyssey of Ulises
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