Deferred agreement to reform the eurozone
December was postponed adoption of anti shielding economic crises. Sesionó the Brussels summit with two aspirations: find a common position before the immigration crisis and reform the eurozone.
The first objective, and we express antihuman shameful agreements that the European Union reached. Regarding finances kicked forward concrete decisions and thorniest issues.
The agreements go in the direction of progress reforming the European Stability Mechanism (FELLOW). Towards the year 2024, the bailout fund would provide a credit line of nearly 60.000 millions of euros.
They laid the foundation for creating a European Monetary Fund, a kind of IMF, to put out fires in exchange for brutal conditions imposed usury and adjustment.
further, They aim to complete the funding available to the Single Resolution Fund to deal with bank failures.
They laid the foundation for creating a European Monetary Fund, a kind of IMF, to put out fires in exchange for brutal conditions imposed usury and adjustment.
Trajosamente, Paris and Berlin, it had closed a proposal that was approved in Brussels aspired, something that did not happen and weakened.
Among the issues left to be discussed is the proposal until December-Macron Merkel to provide the eurozone budget, something that is rejected by several countries. And they will continue trying to achieve unity of the banking system, one of the issues that fail to reach consensus.
Debt and trade war form a tandem that could lead to a new chapter of the global economic crisis.
The Greek crisis was fixed in the retina of the imperialist bloc. Because, They want to protect what they call “asymmetric shocks”, crisis “They may occur in the overnight”, Donald Tusk recognized as, President of the European Commission.
The forecasts are based on a not very auspicious economic situation. According to Michael Roberts: "The Great Recession 2007-8 and the consequent Long Depression since 2009 It has changed the economic landscape. In a stagnant world capitalist economy, where productivity growth is low, the growth of world trade has declined and profitability of capital has not recovered, The cooperation (relative) It has been replaced by increasingly fierce competition ... " (Trump's tantrums and the world economy). Debt and trade war form a tandem that could lead towards a new chapter in the global economic crisis.