There is no chance of another Greek debt restructuring, the managing director of the Institute of International Finance, Charles Dallara, told media folks today. “Greece has entered a path of growth and security” he said.

Lots of other sources said something different. An Austrian Economy Ministry survey, for example, said that Greece ranks last among 14 European countries in attracting new enterprises and investment. And Further cuts will be needed if Greece is to adhere to the midterm fiscal plan it voted for last year, PASOK leader Evangelos Venizelos told Der Spiegel.

Meanwhile, the Greek Parliament is due to vote after Easter about whether political parties should receive 30 million euros in state funding as a lump sum before the elections. What stops this being an excellent idea is that PASOK and ND want the funding to be based on the percentage of  support seen in the last election. Support for PASOK has more than halved since then, while backing for New Democracy has fallen by about a third. Anyone spot a motive for legislation here?

Fly leftwards now over the Balearics and on to Iberia. Here you will find that Spain is growing like topsy in a rugged attempt to fulfil the promises recently made for it by Olli Rehn, who by the way is not Spanish at all and so WTF business is it of his? Mish’s GET site has an interesting take on this development, reporting that delinquent real estate companies there were nearly one in five of the total still in business. This doesn’t mean they once appeared in James Dean movies, but rather that they owe a shedload of money to Spanish financial institutions. To be more precise, just over 62 billion euros. Spanish construction firms are in a similar position, their delinquency running at around 18%. A year earlier, it was closer to 12%. So yes, some sectors of the Spanish economy, for example bankruptcy accounting, are growing at near to 50% per annum.

Heading North to the land soon to be my home for five months, the French trade gap yawned even more obviously in February, to €6.398 billions from €5.593 billion in January. Having drilled into the numbers a little, I think there is a very big clue in there: sales of TV satellite dishes and motor vehicles were up. My hunch is that the reality deniers intend to watch more Eurosport, and the rest plan to make a quick getaway. Whether that’s true or not, it’s good to see that re-election hopeful Nicolas Sarkozy is on the case, having announced in mid 2011 what he called “brutal cutting of French public spending largesse”. The annual running deficit total today is thus a mere €70.051 billion, fully 0.7% less than it was for 2011. Go see what they’re doing in Athens, Nico: you could learn something.

But the eurodoomed need not worry, for German daily newspaper Bild reported today (Saturday) that research shows 36% of Germans believe in the afterlife. In fact taking into account the agnostics, only 28% think death is the end.

Hurrah. The Germans are, when all’s said and done, always right about everything, nicht wahr?