Category Archives: ECB

Economic update – Gerry Adam’s was correct in 2011 hard-line stance to the IMF with the aim of getting a better deal

Gerry Adam’s hard-line stance to the IMF can be justified in the context of the terrible deal which Ireland received on it’s debt. A government that was spooked and stampeded by the small-time bullies of the Irish banks was never … Continue reading

Posted in ECB, Economy & Employment, For the record, Sinn Féin Alternative | Tagged , | Leave a comment

No: the EU/ECB/IMF/Troika did NOT “bail out Irish banks” nor “rescue” Ireland

… We rescued them. Just to clarify and back up my mention of this on Alan Corcoran’s show on South East Radio last week: Ireland has paid 42% of the total cost of the European banking crisis, at a cost … Continue reading

Posted in banker bailout, Budget, Central Bank of Ireland, Cutbacks / Austerity, ECB, Economy & Employment, ESM / European Stability Mechanism, Exceptional Liquidity Assistance, Fiscal Compact Treaty Referendum, Permanent Austerity Treaty / Fiscal Compact / Stability, Promissory Notes, Statistics | Tagged , , , | Leave a comment