¿Qué hace que Grecia sea tan especial?

BRUSELAS – Parece que la crisis del euro hubiese terminado, en su gran mayoría. Las primas de riesgo continúan cayendo en todos los ámbitos, y dos países – Irlanda y Portugal – ya han salido de sus programas de ajuste. Ahora, estos países ya pueden financiarse a sí mismo en el mercado, y aparentemente sus economías han comenzado a crecer de nuevo.

Por el contrario, Grecia sigue teniendo problemas en el cumplimiento de las metas de su programa de ajuste y se encuentra envuelta en lo que se muestra como una interminable serie de negociaciones sobre otro paquete más de financiamiento multilateral. El problema se puede resumir en una sola palabra: exportaciones (o, mejor dicho, la falta de crecimiento de las exportaciones).

Las noticias que llegan de Grecia en la actualidad se han visto dominadas por el anuncio de que el gobierno logró un superávit presupuestario primario (el balance fiscal menos el servicio de la deuda) en el año 2013. Por primera vez en décadas, el gobierno griego ha sido capaz de pagar por sus gastos con sus propios ingresos.

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