The public debt business: lenders earn 70 million daily

Its annual benefits double the expenditure on unemployment benefits. During the crisis they have pocketed 255,000 million euros in interest. Most of the securities issued by the Treasury are in foreign hands. This huge amount goes to stop, especially , to foreign investors, who have taken advantage of the large…

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Montoro, what if we audit the Central State’s debt?

The world upside down. That is what happens in our beloved Spain, where things are not what they seem but what they want us to pretend. It turns out that the political leader of the Kingdom under whose management the debt of the Central State has recorded the largest increase…

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Venezuela goes bankrupt

Maduro assured that he will liquidate the 1.121 billion dollars he must pay to the holders of one of the bonds of the state oil company Petróleos de Venezuela. Maduro ordered his vice president to agree to a commission to meet with all the outstanding bondholders and refinance the debt,…

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The ECB benefits obtained at the expense of the Greek people

Mario Draghi has just recognized that the central banks of the member countries of the euro zone obtained 7.8 billion in profits thanks to the Greek securities that the ECB bought during the years 2010-2012 under the SMP program. To these gains are added other sums, of which the ECB…

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