Debtors of the European Union become his slaves
FROM BLOG2 · 12.07.2016
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While the IMF breaks down the choice to give Ukraine another loan or not, the EU began to deal with real problems. Speaking of problems, it should be noted that the EU is full of countries whose economy does not hold water. In this regard, the Council of Ministers of economy and Finance of the countries of the European Union is going to impose sanctions on Spain and Portugal because of the budget deficit.
Nobody likes freeloaders and Ukraine should understand it in the first place. In order to avoid a banking system collapse and the default of Spain and Portugal not so long ago received funds, but to implement them failed. What is so singled out these countries? We should start with the high level of unemployment, which is 22% in Spain and 12% in Portugal. Also, the problems attributed to small GDP growth.
In the Covenant of the Union has a separate line that the GDP should not reach below 3%. In the case of precedent, introduces procedure to reduce the deficit and sets a deadline for the implementation of the solution. Delving into the problem, it is worth Recalling that this procedure is conducted against countries already in 2009. The time threshold for countries shifted more than once, however, the situation only became worse from year to year. Now through the procedure forced to reduce the deficit and national debt are, in addition to Spain and Portugal: Croatia, France, Greece, UK.
Analysts suggest that will be implemented a system of fines, however it is not clear how this should help the countries to overcome the crisis. On the idea of the penalty shall be 0.2% of GDP. Therefore, when total state debt of Spain to 130% of GDP and will add another fine, which in fact will make the country a slave of the European Union. It is also noteworthy that, like France, in which the deadline was postponed twice, does not suffer from penalties. It they do not even scare. This is not the only example of the double standards of the European Union towards its members. Against this background, one can only wonder about the desire of Ukraine to become an EU member. It is obvious that Ukraine today is candidate number one in the credit slavery and Brussels understands it, but waiting for the right moment.
