Written by Foras Teamhrach
CPI Statement – “The revelation that documents relating to the forthcoming budget were found today (17 November) in the German Bundestag, with German politicians poring over their contents, while neither Dáil Éireann nor, most importantly, the Irish people have seen or read what is in store for them, is almost beyond belief. The [...]
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Written by Foras Teamhrach
Irish Times on Tuesday – German chancellor Angela Merkel has said the proposed referendum in Greece last week showed that domestic policies in one country now impact on the entire euro zone. "What we got in Cannes was the feeling that there is no such thing any more as domestic policy making," [...]
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Written by Foras Teamhrach
“Irish banks have been state-guaranteed to the tune of €723bn since the start of the crisis, the second-highest figure in the 27-member bloc. The European Commission’s state aid scoreboard, which ranks countries in order of their reliance on government support, places Ireland second only to Britain, which has gained EU approval for over €850bn worth [...]
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Written by Foras Teamhrach
“Brian Cowen has carried through his third major betrayal of the Irish people, far more damaging than either of the previous assaults on our sovereignty and Constitution. The first was his immediate rejection of the country’s constitutional decision not to vote for the Lisbon Treaty in 2008. His second was the comprehensive dishonesty with which [...]
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Written by Foras Teamhrach
“Yesterday, Ireland came under massive pressure to accept a bailout package under the EFSF, but Ireland resisted, and everybody agreed on what they agree in such a situation – send in a committee, this one being made up of the EU, the ECB and the IMF, the usual troika. The ECB in particular is keen [...]
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Written by Foras Teamhrach
The Government has committed another €2 billion in funding to Anglo Irish Bank. The move comes as Anglo’s restructuring plan is being submitted to the European Commission today. A statement from the Department of Finance said the bank needed new funds because of the losses it had taken on the loans transferred to the [...]
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