Economic Crisis: Who will come after Greece? Having broken with a heavy ending, the economic balance of Greece seems to have reached a point lower than the recent past.
Now the nation at the hands of Prime Minister Papandreou, subdued by a heavy public debt that stands at around 298 billion euro, is going to face a painful season of sacrifice and renunciation as submitted by the entire state apparatus care to a rigid tonic.
So the whole nation should contribute to the recovery of those resources over the years have been squandered by the dirty game of politics and administration unhealthy, both accomplices of the disintegration of the apparatus of state control.
The difficult task of which is to bear Papandreou will be played in of his country but also within the intense exchange of reports that will weave the greek prime minister in Europe in order to find financial support in which case it fails to refinance its debt or extension of bonds due in a few week.
observing what happened to our sister this "European" I naturally ask me a question. After
Greece could happen to someone else to reach a state of the Eurozone economic situation of the constitution and drama, especially now that the effects of the crisis are dictating the economic policies of rescue and damage control?
Queued Greece at risk 'default' are, for the deleterious effects of the economic crisis, Spain, Portugal, Ireland and even I would not rule our country marked by overseas observers to view upright.
For our country despite the current government and the business world give out guarantees of reassuring solidity and conciliatory message on the premises of our economic / financial, static data are of an entirely different feature.
The public debt of just under 1800 billion Euro and a debt to GDP stabilizes at around 115% (since ingigantitosi in recent years), unemployment rose to over 8% and a GDP that has recorded in 2009 decreased by 5.1% does not make some peace of mind shrewd economists.
Aggravating the plight of our country there is a cyclical decline in GDP last quarter of 2009 by 0.2%, while in the U.S. there was an increase of 1, 4%, in Japan a +1.1 % France +0.6%, +0.3% in the United Kingdom.
The comparison with other countries that have long since reversed its direction towards economic growth, there is a measure of the slowness and difficulties of our ferruginous machine 'Italy' to resume the pace of the others.
This data albeit balanced a substantial 'nest egg' made from private savings in the hands of the Italians and the forecast of GDP growth in 2010 of a tight 0,9 / 1,0%, can not forget us hope and weather for the entire system nebulae Italy , tossed in a container under the influence of the European crisis that has turned its members into selfish individuals care only to treat their wounds.
Under these conditions, while avoiding the fate of Greece, through a heavy 2010, with great difficulty we manage to maintain an economic growth forecast of 1% and will be presented as usual on account of the crisis once again the Italian workers that will support the machine out of their pockets 'mangiasoldi' state, because the current political class has proved itself to have the tools to carry out deep reforms aimed at modernization of the state and its functional structure.