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Licenciado Matemáticas (Especialidad Fundamentales) por UCM, MBA Executive, MBA Financial Markets, Project Management Excellence Certified
Financial Markets Services Consulting, IT CIO ACO Grupo Santander, IBM Global Services Principal, Electronic Data System Client Ececutive
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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs
FRANKFURT (MarketWatch)
The European Central Bank on Friday said debt issued
or fully guaranteed by the Greek government will become "for the time being
ineligible" for use as collateral in monetary policy operations due to the July
25 expiration of a buyback program
The ECB said that, "in line with established
procedures," its Governing Council would assess the potential eligibility of
Greek bonds at the conclusion of an ongoing review of Greece's compliance with
its bailout terms by the European Commission, the ECB and International Monetary
Fund
The ECB said liquidity needs may be addressed by the Greek central bank
"in line with existing Eurosystem arrangements."
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