O caminho é o federalismo *

O Banco Central Europeu suspendeu, esta terça-feira, a aceitação de títulos de dívida da Grécia como garantia para os bancos, na sequência da decisão da agência de rating Standard & Poor de descer a notação daquele país para "incumprimento seletivo". jn.pt

* e o federalismo não se pode construir com um povo como o povo grego, ressabiado, a falar constantemente na 2ª guerra mundial e sem perceber que quem o conduziu à falência foram os seus políticos incompetentes e corruptos e não os outros países.

"Europe is our future"

"Europe is our future," Kohl wrote. "There is no alternative to Europe. We have every reason to be optimistic that our Europe will emerge strengthened from this current crisis -- if we want it to. Let us not be misled." spiegel

"A Eurozona ficará melhor sem a Grécia"

The conservative Die Welt writes:

"It can only be described as political schizophrenia. As a member of the CSU, Hans-Peter Friedrich calls for Greece's withdrawal from the euro zone. But in his role as German interior minister, Friedrich votes in parliament and in the cabinet in favor of the second bailout package for Greece. A lot of politicians in the coalition government have similarly split personalities these days. With statesmanlike faces, they rubber-stamp ever-greater liabilities, the burden of which is borne by German taxpayers. At the same time, many lawmakers already suspect that they are on the wrong track."

"Finance Minister Wolfgang Schäuble is already talking about a third rescue package for Greece. And the data that is coming out of the practically bankrupt country is so shocking that the prospect of Greece ever getting its finances in order seems to retreat further and further into the distance."

"As long as the Greeks remain in the euro zone, they will never become competitive. (…) All the assistance that is based on the illusion that Greece can make it while remaining part of the euro area is doomed to fizzle out without having any effect. The longer it takes for political leaders in Berlin, Brussels and Athens to accept this reality, the more expensive it will be for the citizens of their countries. Greece will be better off if it abandons the euro -- and the euro zone will be better off without Greece."

The Financial Times Deutschland writes:

"For the opposition, yesterday's vote was, of course, a PR coup. The coalition is on its last legs and is running out of steam, rejoiced representatives of the SPD and Greens. It is indeed curious that the chancellor was not able to get her own deputies to rally behind her. But it is not truly significant. The government is able to tolerate a few rebel backbenchers, provided the vote goes through, especially if the opposition is supporting the motion. And in the case of the aid for Greece, that was foreseeable right from the outset."

"The government currently has a safe majority in parliament for aid packages. After all, what choice do the Bundestag members have? If they do not rubberstamp a bailout now, they will soon have to vote on another one. If Greece doesn't get support now, the country -- even if it is no longer in the euro zone -- will still be just as dependent on the support of its European partners, because it would be even further away from a return to the capital markets. Whether it remains part of the monetary union or not, the country will long be a basket case. Neither a default nor a return to the drachma would change any of that. The country's economic base has been eroded, partly because of the excessive and lopsided austerity strategy prescribed by European leaders. The rescue package that was passed yesterday will not be the last."

The center-left Süddeutsche Zeitung writes:

"Members of the German Bundestag are (in the words of the German constitution) responsible only to their conscience, and nobody can read their minds either. Hence nobody knows exactly what the people's representatives were thinking as they voted on Monday on the second aid package for Greece within 22 months. But it's safe to assume that the number of those parliamentarians who voted 'yes' with a light heart and a firm conviction that Athens should receive further loans worth €130 billion is probably vanishingly small."

"Indeed, members of the German cabinet, including even the chancellor herself, have their doubts that things in Greece will soon change for the better. In that respect, the country's deep recession, which was unavoidable due to the necessary austerity measures, plays less of a role than the fact that Athens' willingness to make reforms is too small and the Greek political establishment is too recalcitrant. Even two years after the outbreak of the crisis, the country still lacks the most basic things that are needed to sort out the state finances and deregulate the economy, such as a functioning tax authority and competitive products. Increasing number of economists and politicians want the Greeks to quit the euro zone sooner rather than later. The only problem is: What would happen then?" spiegel

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