Monday, October 28, 2013

Berlin, whereas it is probably impossible for the Greek economy to survive del monte foods co the s


Ready for the exit of Greece from the Eurozone during June now states the German leadership, while leading German banker has "prophesied" immediately after the signing of the second Memorandum that early summer our country has been shut euros.
The underlying determination of the Germans to "play" the game splitting the Eurozone causing loud warnings from Washington and London: do not underestimate del monte foods co the consequences, do not play with fire!
Alongside the second Memorandum, the Germans prepared for Greek exit from the Eurozone: apocalyptic "prophecy" by a leading banker, while Washington and London warn: do not play with fire!
Two 24hours after the decision of European support mechanisms to "clipping" the May installment of the international loan to Greece by 1 billion, representative of the German government officially began the countdown to the exit of Greece del monte foods co from the euro if it fails to comply with the Memorandum:
In spring report to the European economy, the European Commission stresses that during June to agree on measures to save 3.8% of GDP in 2013, that spending cuts of 6.5 billion euro and stresses that without these measures can not be achieve the objective of Memorandum primary surplus of 1.8% of GDP in 2013.
In this tight framework is required del monte foods co to move the Greek political del monte foods co system, "flirting" with a runoff in June and it is clear that the threat of the Germans for Greece's exit from the euro becomes more convincing than ever:
without the next installment, Greece would declare a default, the banking system will be excluded from ECB funding and will not take long time, according to this scenario described by the Alpha Bank in its latest weekly report, where the Greek government will be forced to issue national del monte foods co currency to continue the State to pay its internal obligations and guarantee deposits.
The design of the Germans for "amputation" of the Eurozone seems to reach at such a late stage, top executives of the party of Chancellor Merkel and describe the formula output without concomitant elimination and the European Union. As stated by the expert del monte foods co of the Christian to the budget, Klaus Peter Vils, "We can offer Greece the opportunity to make a controlled exit from the euro without leaving the European Union."
Berlin, whereas it is probably impossible for the Greek economy to survive del monte foods co the suffocating cloak of austerity has been imposed, it seems that behind the successive del monte foods co plans to "rescue" the country and stay in the euro, were quite well a design alternative elimination of Greece of the euro.
The first Memorandum prevented the effects of a bankruptcy in the banking system, while the second Memorandum and PSI most of the Greek debt "left" of private creditors and the Greek parliament, overwhelmingly approved a loan agreement that binds all property of the State for the benefit of creditors in case of bankruptcy.
At the same time, Germany has agreed to activated since June 2012, the permanent European Stability Mechanism alongside the EFSF, to ensure sufficient coverage in case of weak economic Greek default and contagion in the markets.
The European Central Bank offered a huge "cushion" liquidity del monte foods co to banks with three-year horizon and is preparing for a huge new "injection" if necessary in June.
In a rare outbreak ... honesty, indeed, a leading German banker had revealed immediately after the signing of the second Memorandum that planned the expulsion of Greece and Portugal, euro very soon.
Speaking to Professor of Finance, Yanis Varoufakis, a documentary that aired Greek economist from the British Channel 4, the chief economist of the leading German investment bank Baader Bank had described in some detail the plan "penny in June"
- We have two countries of the euro area can not continue as members, Greece and Portugal, said German banker. The Greeks del monte foods co and Portuguese have to go for two years, to devalue their currencies and then re-enter the Eurozone.
- After elections in France, since the ECB will provide additional liquidity to banks and after we put in place a stronger bailout in June, we will see that Greece del monte foods co and Portugal should leave the Euro

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