EUROPA PRESS the ECB President replied to Rajoy, who conditioned the the ransom demand to obtain certain guarantees about the Spanish differential. The President of the Spanish Government authorization the rescue to the ECB intervention will help relax the risk premium up to 200 basis points. Draghi has said that it must be the country which decides if the ransom. The institution maintains the interest rates by 0.75%. The President of the European Central Bank (ECB), Mario Draghi, has sent Thursday a message to the Spanish Government to point out that the entity cannot offer any guarantee in advance on the effectiveness of its program of buying sovereign debt and that it must be the country that decide if you want to request or not the rescue. It cannot guarantee anything in advance. There is no quid pro quo automatic, Draghi told the remind you recent statements of the President of the Government Spanish, Mariano Rajoy, who conditioned a potential request for assistance to obtain guarantees that the ECB intervention will help to relax the risk premium on Spanish until the environment of 200 basic points. It is the country which should take steps to activate the mechanism, explained the Italian banker, to remind that, according to the intervention mechanism designed in debt (UNWTO) markets, it is necessary that the country requested the rescue and sign a memorandum of understanding, but he stressed that, although necessary, is not one sufficient condition, since it is the Governing Council of the ECB which will make the final decision.
In this regard, the ECB President said that the UNWTO are there and reiterated the readiness of the entity to activate the mechanism, which, in his view, has served to relax the conditions on markets and has helped facilitate that countries such as Spain and Italy have practically completed its financing needs, although he noted that it is not possible to activate the WTO without conditionality on Tuesday, the President the Spanish Government, he pointed out that one of the outstanding issues to clarify before you decide to ransom or not the that active intervention by the ECB is to know how much would this measure help reduce the costs of financing of Spain in the debt markets, pointing that it should help to relax the risk premium up environment of 200 basic points. There are several outstanding issues. How much will lower the risk premium, if stays in the 400 and peak and does not go down to 200 points. It is not the same, said Rajoy. If we stay at the same price that there are pointless, he stressed. See more: the ECB responds to Rajoy and does not warrant that its debt purchase program is effective
Everytime you have a particularly important decision you don’t know what to do. Give you turns and more turns to the different possibilities, with fear of making a mistake and thinking about the worst that could happen. So you’re stagnant, frustrated, without energy and wanting to decide once, right? However, there still, without being able to make a decision is this your case? Why is it so difficult for you to make decisions? These are some of the possible causes:-you think your decision is going to be permanent, forever. -Want to make the best decision, which ensures you a perfect result (and that implies the ability to read the future.) -You’re afraid to be wrong. -You influence what other people think and expect of you. Do you realize? I’m not surprised that you won’t be able to make decisions, you have many expectations and pressures, and you also need to predict the future! Here I leave you a few recommendations to help you make decisions: be honest with yourself, you already know what to do. Yes, already you know it. Another thing is that you want to do it.
The number of reasons that you have to do something is inversely proportional to the desire you have to do it. In summary, when one wants to do something, do not need reasons; If you give them to you it is because you’re not very convinced. It is possible to change your mind! (in most cases). This is something that I have always present, because the idea that our decisions are irrevocable generates, and rightly so, a lot of anxiety. Decisions don’t have to be in for life (as I said before, in most cases), and nothing happens if you change your mind later. What really matters is not the decision itself, but rather the consequences, the impact. That means that any decision would be good if you know how to deal with the consequences.