Eyescon Analysis

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14/02/2012
Objective: Growth

The crisis that Europe is undergoing is one other than an unsustainable level of debt taken on by society, governments, businesses and citizens, as if money was a kind of manna from heaven that would never run out. However, once the problem is acknowledged by all the stakeholders, the consequences of the situation need to be faced, since not all the excesses have been similar, given that costs incurred become investments when spent on necessary infrastructure and more so if these are profitable, on necessary facilities... on research and development... but that is not the case when spending is made on unnecessary infrastructure or increases in current expenditure, which is where a true black hole of debt is produced.

As a result not all countries have the same starting point and nor can the demands made on them be the same. What is common to all is the Main Objective, which is to achieve sustainable economic growth, to create and maintain employment, to increase resource capacity to sustain social welfare, to increase citizens’ purchasing power and to build a consolidated and productive business fabric.

It is therefore imperative that, just as a good ...

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