Unify Financial

In recent days there have been several cross-claims about pensions in Spain. The debate launched by the Bank of Spain Governor Miguel Angel Fernandez Ordonez have joined several members of government, the opposition, social, economic Ordonez said the Social Security in Spain could lose the surplus this year, and opened the box of thunder. President Zapatero denied this possibility, and according to the Labor Minister Celestino Corbacho, until 2025 the Social Security benefits are guaranteed opposition joined the criticism of the governor, recalling that when the Government came in 1996 the “piggy bank” Social Security was empty, and had to borrow money to pay pensions. It is also fair to remember, however, that over the past four years, Zapatero’s government has quadrupled the bottom left Aznar, reaching nearly 60,000 million euros. However, this growth for the piggy bank to be due largely to the performance that took the economy, which put the number of contributors around twenty million, is now falling.

This decline, coupled with other factors such as the progressive aging of the Spanish population, low birth and a life expectancy of the highest in the world, and growing, lead to fewer and fewer contributors per pensioner, and the system will be unsustainable as it is raised. That is, everyone is clear that can not be maintained as before, and the debate in which the leaders seem to be involved is much longer can endure. But that depends on several factors, primarily the economic situation. Like what has happened in recent years of prosperity, if the crisis is prolonged and / or becomes more profound, the surplus may soon close.

With the divestiture of Venezuela CAN all that is in effect is the release program, allowing you to continue importing and exporting country for five years. "All that remains is the release program. This means we can continue importing and exporting community for five years, unless it rules otherwise." The decision to withdraw Venezuela from the mechanism of integration that arose as a result of the Cartagena Agreement, later became the Andean Pact in 1969 and revived in 1996 as the Andean Community of Nations (CAN) seems to be a simple, light benefit MERCOSUR, but not quite so, because this organism is not just now at its best, because the relationships between some of its founding members or precursors are not quite right, in the case of Uruguay, which complains of unequal treatment by the senior partners, while its other members, in a way, flirting with the United States and therefore, this decision could encourage a certain way the American empire, which is after the conquest FTAA. It is assumed that certain areas or segments of markets shifted to these organisms, which can be seen as a benefit of this decision by Venezuela to withdraw from the CAN, but the assumptions and intangible benefits are minor, and that contrary to what you think recently the president himself Republic Hugo Chavez, also rejected the MERCOSUR to give way to Alba (so far just one project), which makes this whole situation more unstable, all these events would be more beneficial for the United States, that agencies such as the FTAA and MERCOSUR , this can be seen by observing the position of alliance that took Colombia to the United States, once it takes cognizance of the notice of President Hugo Chavez, which is understood as a clear decision confidence by Peru and Colombia in an strengthening of the CAN. .

Let’s face it, as well as a logical desire to improve, we are also motivated by envy, the desire to be better than our neighbor, partner or friend. This results in situations when seen from the perspective of the cold numbers are at least curious. Suppose I am a President of the Autonomous Community. As usual, I will fight to get a good piece of pie in the allocation of regional funding. For simplicity, imagine that last year received 10,000 million euros, and that accounting for 10% of the total deal. Case a) Because of the crisis and the rising deficit, we all have to tighten their belts.

The total share is reduced by 10%, to 90,000 million, but I get my business and part minor only 5% I “lost” 500 million euros, but is considered a great success. Case b) The pie stays the same as last year, and again I receive the 10,000 million, ie keep my hand in the same proportion. However, the Autonomous Community to another neighbor and is similar to mine in terms of economic development, population, level of transfers, etc., have improved (obviously, there are others that have gotten worse.) I complain bitterly of the cast, and I remember the Government has a historical debt to my community, and that the fiscal balance of my Self (which simplified, would be the difference between the taxes paid in the territory and the services it receives from all public authorities) is negative, I have a lot to recover. Case c) Because of the crisis, the government decides to allocate more money for everyone is satisfied. Passes from 100,000 to 120,000 million, ie a 20% increase. However, the Autonomous Region which address only get additional EUR 1,200 million (12%). Receiving heavy criticism from the opposition and within my party, because we have been clearly harmed by the partition. Of course, as the latter have lost out in relation to others, but if it were you the President of the Community Autonomous, which would you prefer, “being in the” case “or the” c “?