The slope is steeper since the euro took the place of the peseta, and not only for price increases that double every year CPI target any government, but also because families have less and less money available. Especially in Galicia. The community workers are the fourth lowest paid in Spain. It notes the National Institute of Statistics, which since the beginning of 2002 has measured an increase of only 5% in the average salary of Galicia.
And hence the choking of the family budget, squeezed by prices that have risen in the last five to six times faster than wages. Compared to 31% of rising cost of living, can wield the Galicia only 65 euros per month, plus they charge now. Thanks to them, the average salary stands at 1,366 euros, a figure increasingly removed Galicia convergence with Europe. The imbalance begins
in the Peninsula. The difference between communities is such that today Galician average monthly charge 355 euros less than what they paid five years ago the Catalans. And at that time the wage gap that has only widened, reaching the present situation, leaving per capita income in the post Galician 192 of a total of 254 European regions.
The
undeclared
Although this ranking does not reflect the real situation of the Galician economy. Missing in the accounts of nearly 7,000 million euros in black money circulating in the community, according to estimates from the Bank of Spain and the Institute for Fiscal Studies. Within that amount, equivalent to 22.1% Galician GDP, the old pesetas were never to change a small part: throughout the state were without removing just 1,003 million euros in bills of 826 pesetas and other currencies.
Thus, the transition to the euro became the shock treatment against the underground economy who dreamed of European monetary authorities. Far from it, the black money circulating in such volume that banking industry sources on condition of anonymity acknowledged that there is increasing demand for safe deposit boxes at banks.
The same applies to the safes and private security services, which as reported in the area are improving their billing en Galicia a un ritmo del 20% anual. Los gallegos han pasado así de guardar el dinero bajo el colchón a depositar grandes cantidades en cajas de seguridad de las que no queda huella fiscal. Sólo así se entiende que España sea el país en el que más billetes de 500 euros hay. O que las cuatro provincias gallegas estén entre las doce en las que más dinero negro se mueve, según el Instituto de Estudios Fiscales.
Gran parte de esta economía sumergida está relacionada con las plusvalías que se fraguan en los ladrillos del sector inmobiliario. Desde que llegó el euro, el precio de los pisos ha crecido un 122%, mientras la hipoteca media que afrontan los gallegos ha pasado de los 80,213 euros in the last days of the peseta to the 137,000 of the day: enough to make the January slope top becomes unavailable.
Europe is divided into the debate between skeptics of the common currency and the illusion of new members in Slovenia
As with fireworks celebrating the arrival of the euro in their pockets, Italy multiply the voices that cry out for back to the lira. When Romania and Bulgaria celebrated their accession to the EU and yearn to see the day when payrolls are counted in the common currency in the UK do not dare to bury the pound into the arms of a euro that is already present London stores.
are the paradoxes of the single currency, a thin thread with which Europe still relies on cohesion precise weaving to make the Old Continent a real contender to compete with U.S. for economic primacy. To do this, there are still many points to give. Yesterday the mesh grew slightly with the addition of Slovenia's currency, the euro makes presiding and commercial transactions of 316.6 million Europeans in 13 countries. Ex-communist Europe
The arrival of Slovenia is also a new twist in the spiral of Europe lit after the fall of the Berlin and the Soviet Union. Not surprisingly, Slovenia is the first former communist country joins the euro capitalism. For this waiver of historic currency, the tolar, and passes to lead the group of ten countries of the EU enlargement in the coming years will make the euro the currency of 600 million people. No wonder why the joy of the Slovenian Finance Minister, that despite complaints in recent months by rising prices caused the euro, said yesterday that his country has "a great step to consolidate its position in the family more developed European countries. "
So you see the euro in Europe's poorest, where is the icon of a future of progress and wealth. Just the opposite of what they think in countries like Italy. Hence the motto of unity and cohesion has caused a real earthquake, which has had its effect on inflation more dramatic. The situation became such that the previous government led by Silvio Berlusconi always controversial, even raised the possibility of returning to the lira, to end up like a blow to the price increase makes the Italians are for fewer fires device with the euro.
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