martes, 11 de agosto de 2015

IN THE EUROZONE ONE CAN MAKE POLITICAL WHILE IT DOESN'T AFFECT TO THE EURO



Greece and their international and silly creditors, they reached an agreement of rescue of 85.000 million Eurus on Tuesday after some very longer negotiations that lasted the whole night, the negotiating representatives of the troika and those worthy of the Greek debt they have manifested that they have saving to the country of the financial ruin and elevating the hope that Athens can pay a debt that conquers next week. That Greece can pay the debt of next week I don't question it now that they have saved Greece of the ruin this doesn't believe it to him neither them neither the Greeks. 

After a session of 23 hours that began on Monday with the afternoon, the responsible Greeks left a hotel in the center of Athens to announce that both parts had agreed the details of the three year-old rescue, although they are to solve some smaller matters. These smaller matters are not so smaller it is to see how to convince to the economic and political world as Greece goes to return 85 thousand million Eurus, and this to me is fancied an impossible company. 

In three years that I believe that it will be before Greece he needs another rescue again (the room) and this it won't be of 85 thousand millions it will be at least of a hundred million Eurus and so forth until somebody realizes that not everything is Germany in Europe but rather there are poor economies of solemnity, but good while they leave paying to themselves because we can continue the whole time that they want what is not been that they want besides time.   

The agreement achieved with the creditors should still be approved politically by the countries of the area euro. The president of the European Commission, Jean-Claude Juncker, has foreseen to speak this afternoon with the German chancellor, Angela Merkel, and the French president, François Hollande, informed in Brussels the spokesman of the commission. It trusted that somebody has the value to plan as finishing with this pantomime  

A general agreement would close the painful chapter in the negotiations of help for Greece that opposed you to the terms of austerity demanded by its creditors during great part of the year before giving under the threat of being expelled of the area euro. After a preliminary agreement last month that was able to maintain to the country in the area euro, the new beat of negotiations began three weeks ago in Athens with the purpose of delineating the details of the reformation measures, the implementation term and the quantity of necessary help. 

The help in rescue form is of 85 thousand million Eurus some millions that in fact you the car the creditors lend for car to be paid to if same those that Greece already owes evidently apparently them this amount don't sink in its entirety to the current Greek debt because like I say great part of the rescue it is good to reduce the current debts Greece single sack of improvement some you interest lower and some conditions for its more advantageous refund provided Greece can fulfill the demands imposed thing that it won't happen. 

Besides this economic part this new loan will be cause of political breaks in Greece in theory Syriza it will break because all its electoral program falls and it is not recognizable at all, this it is the invoice that maybe the partners of the euro area think it is worthwhile to pay these 85 thousand million Eurus, the lesson given to Syriza and Greece is a clear allusion for any partner of the euro that has the intention of wanting to change the economic questions that affect to the club of the euro, everything it is possible in political but it is not possible if it is affected to the global economy I believe that the warning is clear. 

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