The truths of Miguel Martín (president of AEB) We are

Dołączył: 10 Mar 2024 Posty: 1

Spain should not expect anything from its European partners.” “Bankia must be liquidated” (Santander. Miguel Cifuentes). Miguel Martín, president of the banking association, appears once a year at the UIMP, at the APIE seminar, and then he puts it together. He has done it again this year, saying that twelve months have been lost in solving the problems of the financial sector, or that the failed Bankia must be liquidated. 06/29/12 | 3:00 The boss of the bankers has not mince words . A year ago he said what had to be done: go by right to clean up the savings banks , because the problem was the savings banks, not the banks. Now, a year later, we are the same or worse: the problem is unresolved . Bankia intervened, and three more entities intervened and pending sale or liquidation; contaminated banks and cashiers; more decrees , more provisions, more sanitation ; a colossal sovereign debt crisis, the country in recession, and a competitiveness problem with a reserved forecast.

Of course, he has made a strong defense of the banks , saying that they are not to blame for the crisis, and has rejected any bailout: “In 2008 we said that we did not want public money. Neither now". Criticism of external audits Miguel Martín has formulated a forceful criticism of external audits of banks , “which were not and are not UK Mobile Number List necessary. They have imposed them on us for credibility, when we, the Bank of Spain, know better than anyone what we have." He has not bitten his tongue when talking about Europe . He must do, once and for all, what he should have addressed long ago: strengthen the governance of the euro, a single supervision, a banking and fiscal union . In the midst of the fog, Spain should not expect anything from its European partners: “They will not give us a penny.

She must save herself What was not done a year ago is now more urgent and difficult . We are going to have “financial aid in good conditions, to clean up the financial system, but they will not give away a penny.” Spain has to get its act together , because the task is to revive our economy. A hard and difficult path . The Spanish euro, overvalued The problem is – he said – that euros have emerged at real value depending on the country. All the differences have emerged, by country and economy. exp-player-logo Morant vindicates the role of young people: "It is time to stop giving lessons and give them spaces for representation" The Spanish euro is overvalued , to our misfortune, and the German euro is devalued, to its benefit. Balance of payments imbalances have exploded, and Spain only emerges from this crisis by devaluing its costs (prices and salaries). We have a Europe with a surplus, Germany, Holland, Nordic countries ; and a South, Spain especially, with a very strong current account deficit.

_________________
UK Mobile Number List