Thursday, April 22, 2010

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EL CAMPO DE BORJA Autonomous and Basel III

The need specific plans allow self-sustainability and improving your bottom

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article by Álvaro fall, Secretary General of UPTA Aragon and Spain Economic Policy UPTA

Banks are to have more control, unfortunately not carefully analyze which involves the concept. Banks are going to be more restricted in their freedom to grant credits having to raise rates of provision in their operations, is what is called risk aversion.

Under the guise of Basel, banks are having to suffer further self-employed and small businesses, since they do not receive funding or discount lines, with many self-employed it will close down. Projects

small entrepreneurs in R + D + i, new self-employed and SMEs, businesses that are delinquent but liquiedez enough, they will be unable to receive funding, the duration of countercyclical policies.

The EU can turn dangerous for economic paths in an effort to save the German model, ie save their export capacity, working mainly in terms of stability and deficit reduction, with the result of tax increases can impair the relaunch of the EU economies.

This is a moral failure of our societies have been based on promoting the growth of individualism, the creation of human beings competitive and anti-solidarity and promote inequality. We made serious mistakes, so we had in the Post (Public Bank) 4,000 branches, if any at this time could have been given a specific service to companies to reduce the flow of credit.

States, with its tax sistenas with its economic capacity that comes from the contribution of citizens, have prevented the collapse of financial systems coming to his rescue. Remember that these large institutions promoted Agreements (Washington) the removal of taxes. The blindness was such that now lament the unfortunate decision of the Heritage Tax elimination.

The vessels which are self-employed right now in a situation of uncertainty and insecurity requires assistance from the Administration, defintiva of citizens, with specific plans allow sustainability and improving your bottom line.

's just the opposite of what we proposed in Basel III.

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