Photo: EFE
The European Commissioner for Economic Affairs, Pierre Moscovici. EFE / File
->
The EU starts 2015 with concern by Greece and investment mission enabled
->
01/01/2015 5:40 ( -6 GTM)
Brussels, Jan 1 (EFE) .- The European Union (EU) and especially the eurozone in 2015 come again with concern about the political and economic future of Greece and the mission of putting walk the ambitious investment plan of 315,000 million euros which it hopes will encourage the ailing European economy.
Besides the investment plan, the EU is prepared in 2015 for an ambitious package for a single digital market and Energy Union and a new policy on immigration and one
The EU ended 2014 with support from the leaders to “Juncker plan” in seeking to mobilize funding for projects transport infrastructure, broadband and energy and research, and thus boost EU GDP by up to 410,000 million and create up to 1.3 million jobs by 2017.
The plan should be operational in mid-2015, for what the EC proposes this month a legal basis for the creation of the European Strategic Investment Fund managed by the European Investment Bank (EIB).
This will begin this month and with certain activities through its own funds so that the plan “is beginning to function effectively in January because we have no time to lose,” Bertaud said.
So, the EU closed 2014 with proposals and good intentions to promote investment and strengthen confidence in the eurozone .
But it is precisely confidence in the eurozone which is again threatened by one of its members, who take years for helping out a rescue that has cost them some 172,600 million euros.
The uncertainty about early elections convened in Greece for January 25 has caused the troika formed by the International Monetary Fund (IMF), the EC and the European Central Bank (ECB), suspended the next disbursement of aid and negotiations with Athens until a new government.
In memory of all countries still present the “flirtation” of Greece leaving the euro in 2011 with the announcement of a referendum on the bailout that withdrew after two tense elections in 2012.
Then they demanded that the leaders of political parties in Greece to commit in writing with further reforms and adjustments before disbursing sixth tranche and approve the second bailout the country.
Now the possibility that the leftist Syriza led by Alexis Tsipras overcomes in elections, repositioned the eurozone and Greece in a similar scenario, in which once again heard the word “Grexit”.
Both the EC in its mouth Commissioner for Economic Affairs, Pierre Moscovici, as German Finance Minister Wolfgang Schäuble, have warned Athens that the future government must honor its commitments and that it is better for all Greece remains in the euro area, also to continue to benefit from the financial solidarity of its partners.
Syriza has promised to put an end to austerity policies and apply an investment policy that serves to create jobs and to the growth of the economy.
The parties in the outgoing government coalition, the conservative New Democracy and PASOK social democratic accuse SYRIZA adventurous policies and provide that if the party wins the elections Greece leaving the euro eventually.
Members of the Community institutions still remember that in 2012 Tsipras called for abolishing the memorandum of understanding signed with the troika, renegotiate the loan and declare a moratorium on debt payments and interests.
The difference from two years ago when he was at the height of the debt crisis, the eurozone is now better prepared to react to any source of instability or possible contagion, because it created “firewalls” through bailout funds and implemented mechanisms to better manage bankruptcies banking, among other measures.
To Open Europe analyst Raoul Ruparel, the new Greek crisis has caused “l ittle or no” contagion to other euro countries, but “as has often been the case, Greece could become again the test scenario for the next round of anti-crisis policies of the eurozone “.
The Eurogroup will meet one day after the Greek elections. Before going to the Christmas break was extended until the end of February the second bailout the country.
That leaves little room for government to be formed in Greece to negotiate with the troika last revision that has yet to end and a new
No comments:
Post a Comment