The euro partners, who have gathered to discuss the rescue of Cyprus, have urged the country to deliver a concrete plan as soon as possible. That’s right: not a single euro will reduce the requirements to Nicosia, to be provided to help plan 5,800 million euros. The Eurogroup also reiterates pressure for deposits are not taxed under 100,000 euros. “The Eurogroup is willing to talk with the Cypriot authorities a new draft proposal, which is expected to submit the Cypriot authorities as quickly as possible. Eurogroup later unanálisis based on the troika to be performed, you are ready to continue negotiations on an adjustment program, while respecting losparámetros defined above by the Eurogroup. Following the conclusion of these negotiations, the Cypriot authorities should begin to legislate the elements of such an agreement, “the partners have said in a brief euro statement.
But many experts who demand urgent action to boost growth economies immediately. It is not enough austerity measures. Europe needs an economic boost real economic activity triggers both micros and macros. According to economist Anton Carreño, “the euro zone will not lift head spontaneously and without actual measurements of momentum. Germany can not continue to demand and benefit from the collapse of some European countries already have more than 4 years already in recession.”