"How can I know what I think until I read what I write?" – Henry James


There are a few lone voices willing to utter heresy. I am an avid follower of Ilusion Monetaria, a blog by ex-Bank of Spain economist (and monetarist) Miguel Navascues here.
Dr Navascues calls a spade a spade. He exhorts Spain to break free of EMU oppression immediately. (Ambrose Evans-Pritchard)

lunes, 13 de julio de 2015

No se ha acabado...

Daily Telegraph:

In order to unlock a fresh €82bn to €86bn bail-out, Greece has until Wednesday to pass laws that:
implement VAT hikes
• cut pensions
take steps to ensure the independence of Greece's statistics office is maintained
put measures in place to automatically slash spending if Greece fails to meet its targets on primary surpluses (revenue minus expenditure excluding debt servicing costs)
It has until July 22 (an extra week compared with the draft statement) to:
• overhaul its civil justice system
• implement the Bank Recovery and Resolution Directive (BRRD) to bring bank resolution laws in line with the rest of the EU
Greek MPs will also have to stomach a move to sell off €50bn worth of Greek assets.
Anda que, como salga que no, jajajajajajaja

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