Samaras, Greek Prime Minister’s trip to Germany and France, the recent results have been disappointing. The purpose of this trip is not to seek assistance, but rather to gain time. Samaras hopes the international community to give Greece more time to implement structural reforms. Short-term implementation of the excessive austerity, is bound to exacerbate the economic recession, resulting in further deterioration of the domestic situation. In this regard, Merkel appreciates the great sacrifices made by the Greek people to cut down the national debt and budget deficit, but refused to make concessions on the timing of reforms. Hollande reiterated its support for Greece to remain in the euro zone, and also asked Greece to honor its commitment to reform.
debt “original sin”, Greece plunged into a harsh austerity policy experiments. To resolve the national debt crisis, austerity and growth of two options. Merkel’s center of gravity of the austerity program is to reduce the national fiscal expenditure: cuts in social welfare spending, reduce new debt countries reduced demand for credit, reduced the need to pay interest on corporate loans will usually decrease; At the same time, reduce state subsidies to enterprises, forcing companies to seek new business areas, creating new jobs through the development of new products. During the presidential election in France, Hollande growth scenario, its focus is to increase the country’s fiscal expenditure: the central bank to issue more loans to the government, to get rid of the control of the capital market, the country reduced demand for credit in the capital markets, the Treasury bill rate lower corporate lending rates decreased; countries at the same time, increase subsidies to enterprises, encourage enterprises to expand production scale, the creation of new jobs. Two options poles apart, but the ultimate goal is the same height: by improving corporate profits and personal income, driven by growth of tax revenue, the state social welfare spending decreases, and will also reduce the national debt.
exactly what kind of program, you can save the euro? The controversy surrounding the two programs to expand, swept across the entire euro zone, the political and economic circles, academia, ordinary people have joined a protracted history discussion. The controversy can not tell which Greece has, under the auspices of the “Moke Qi system, since the beginning of the structural reform of the laboratory. Reform and the time set, not according to the actual feasibility of the operation, but forced by the pressure of the financial markets. The whole world is watching Greece. People no longer care about the real reason of the crisis, and too busy to demonstrate whether the rescue package system defects exist. Reasonable austerity program depends on the experiment success of the experiment was a success or not depends on Greece’s determination and integrity. European public opinion is shouting in unison, the Greeks must do their homework. European political parties for partisan political considerations, to make irresponsible remarks on whether Greece out of the euro. The single currency from becoming a tool to split the European spirit. In a crisis, Greece is completely isolated.
Samaras 6 election promise to voters: no longer a new victim. But the cruel reality than the campaign slogan, more and more Greeks to become a victim of the single currency and debt crisis. The former bank clerk jumped from the Acropolis, the retired elderly people have no money to pay the rent suicide the oldest old shot himself in the square, a similar message after another. Public service organizations are widely layoffs, slashed pensions and medical insurance system to the brink of collapse, and the growing number of unemployed people. According to data released by Eurostat, the Greek economy has 5 consecutive fall into recession, the domestic economy in the past three shrink a quarter.
since the 2009 Greek crisis, Merkel and other EU member states, heads of government, has never visited Greece. Former German Foreign Minister Steinmeier recently criticized the policy of isolation of Heads and State and Government of the euro area of ??Greece, the current Foreign Minister Westerwelle also criticized some of the country’s political parties of the Greek words hurt.
solve the Greek crisis, austerity, but also growth. The Greek government has put forward the idea of ??the establishment of the special economic zones to attract investment through tax preferential policies and management, to drive the development of the real economy in Greece. The establishment of special economic zones is a priority for the convenient location from where goods can be delivered directly to the European market. The establishment of the SAR, lower taxes, you have to break through the limitations of EU competition law. The Greek government has submitted a relevant application to the European Commission. President of the European Parliament Schultz recently expressed support for the plan, but the EU and the Greek government co-management, and issued a series of preconditions for the establishment of special economic zones, including not relax principles of the EU’s employment. SAR plan is still in its infancy, there are a choking hazard. Loss of autonomy of monetary policy, fiscal policy autonomy in Greece is also greatly reduced. Brussels technocrats led the Greek people out of the woods?
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