It’s Not Easy Being Green: Ethical Pitfalls for Bankruptcy Novices
Problems of the ue
1.
2. At the end of 2013, 11 countries had met
the target set in the stability and Growth
Pact: the public deficit not exceeding 3% of
GDP. The other seven will have to follow the
path of fiscal consolidation marked by
Brussels to try to correct some red numbers
that in some cases, such as France or Spain,
seem difficult to comply with.
3. None of the solutions proposed during
election campaign seem sufficient to
control the tsunami of unemployment in the
European Union. More than 26 million of the
unemployed and of them 5.5 million are
between 15 and 24 years. European
countries include the drama of Spain, with
nearly six million unemployed.
4. According to the calculations of the Group
of German scholars, Spain will be obliged to
maintain a primary fiscal surplus of 2% for
more than 20 years to meet the conditions
that would form part of the Fund's
redemption.
5. Technicians from the European Commission
are trying to close all the cracks that have
opened in countries accounts for the loss of
income, either by tax dumping, either by
the own decrease in economic activity or
by the upturn in the economy, rising to one
billion euros.
6. One of the unresolved matters is the
culmination of the banking union to put an
end to the vicious circle between bank
debt and sovereign debt. The ECB will have
to oversee the payment of ransoms.
7. Europe produces 40% of the gas that it
consumes and imports it the rest. Among its
suppliers, the most important is Russia, with
42% of sales. Russia is also the largest
supplier of crude oil, with 33% of the total,
and carbon, with a 26%. Excessive energy
reliance on Russia makes it necessary to
look for alternative markets and sources of
supply alternatives, which suggests that the
debate on nuclear energy will re-open.
8. The financing of transport infrastructure
and half of them they will go to countries
that are still likely to receive cohesion
funds.
9. The EU has to achieve a good and
objective cooperation in all global
problems in which it is involved, have to
maintain an objectivity in each of them,
and both respect international law, human
rights etc.
10. Immigration has always been a problem for
Europe because of its political situation and
the possession of the welfare State; It
currently receives both legal and illegal
immigrants from all continents; It currently
has half a million asylum applications.
