"Communists" who demand more surplus in one country "Nordic character 'Unions
Sindicatos “comunistas” que piden más superávit en un país “de carácter nórdico”
El número dos del departamento europeo del FMI alabó en 2007 la responsabilidad fiscal que mostraba España
DESCARGABLE Actas de la reunión del 16 de mayo de 2007
España ante el FMI llamó catastrofistas a los que alertaban de la burbuja
Amanda Mars Madrid 31 MAR 2014 - 00:00 CET
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"Communists" who demand more surplus in one country "Nordic character 'Unions
The number two in the European Department of the IMF praised in 2007 tax liability which showed Spain
DOWNLOADABLE Minutes of the meeting of May 16, 2007
Spain to the IMF called catastrophic alerting the bubble
Amanda Mars Madrid 31 MAR 2014 - 00:00 CET
In May 2007, Spain 's economic splendor aroused enough suspicion to one of the Executive Directors of the Fund , Estonian Saarenheimo Thomas , questioned the political difficulties to get an even bigger budget surplus which is then enjoyed . But Alessandro Leipold , number two in the European Department of the IMF, it argued enthusiastically : " Spain , although its geographical location is considered part of the Mediterranean countries, is more like the Nordic countries ," he said at the meeting of IMF May 2007 on the Spanish economy as part of Chapter IV , the proceedings have been declassified. He recounted the following story as an example of the Nordic character : "I was surprised to hear that , with a surplus of 1.8% of GDP , at a meeting with trade unions , for example , one of these said the fiscal deficit should be higher . This does not happen in many countries , "then said the Italian .
Leipold insisted on this uniqueness Spanish : " No calls to spend those revenues fallen from heaven , contrary to what happened earlier in this decade in France , with Cagnotte episode [ Jacques Chirac accused the government of Lionel Jospin to hide the surplus due to a stronger than expected growth, and not to leave the French enjoy this over, and I had to cut taxes rather than reduce debt ] or Italy , which the Italians like to call the Tesoretto , referring to higher than expected revenues . " So " in this respect Spain is closer to the Nordic countries of the Mediterranean ."
Ramon Guzman , the representative of Spain , this cloak collected in another of their activities shortly after that meeting, and put the icing on the history cited by Leipold as a sign of fiscal responsibility : " The union requested the Spanish authorities to budget greater than budgeted surplus for next year is in fact the communist union , "he said.
" The fact is that in Spain the budget surpluses are strong and deeply associated with good economic times . And this is the end of history , "Guzman said. In this line , "people , social partners and , more importantly , parliaments tend to think that fiscal stability is not associated with good economic policy , but with a good performance of the economy ," he added . And the continuation of this policy, he explained , is evidenced by the fact that the country had only " three ministers of Economy in 22 years, one of which you know very well." In this vein, said that May 2007 if the economic downturn came , fiscal stimulus would help ease the pain. However, Leipold said that on pension funds , Spain "is not Nordic ."
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