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Sinn Féin Alternative Budget 2015
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Tom Mooney will examine the work of contemporary Irish poets to explore the layers of story and meaning, and show how the landscape is freshly minted by their verse Continue reading
Wexford County Council Press Release Monday 26 February 5.00pm Wexford County Council emergency crews are continuing their preparations as a spell of highly disruptive weather approaches the east coast of Ireland. Sub-zero temperatures and significant snowfalls are forecasted from Tuesday, … Continue reading
Maldron Hotel, Wexford 6.30-10.30pm €50. Call 058 75000 to book
… were Ireland to apply for a second bail-out prior to July 1st 2013, it would be granted if such an application were accompanied by a Memorandum of Understanding negotiated between Ireland, the EU and the IMF – similar to the first bail-out. This funding is not contingent upon the ratification of the Fiscal Treaty.
– Michael Taft, Research Officer with Unite the Union, & Tom McDonnell, policy analyst at TASC.
The evidence suggests that Ireland will have continued access to EU funding until we have regained market access regardless of the outcome of the forthcoming referendum as long as we meet the terms of the programme.
– Seamus Coffey, Lecturer in Economics, University College Cork
Q. Where will we get the money if we vote No on 31 May?
A. Where will the Government get the money to pay the €11 billion the ESM Treaty will require from us, with an open-ended treaty commitment to pay further sums thereafter without limit?
Q. But where will we still get the money ?
A. We will get it by holding a referendum on the Article 136 TFEU amendment and the ESM Treaty, as that is constitutionally necessary in order to authorize these proposals as they stand. The 16 other Eurozone States will have to persuade us to vote Yes in such a referendum if they are to establish the kind of Stability Mechanism which the ESM Treaty envisages. They can do this by agreeing to forgive the private bank debt they have insisted should be imposed on Irish taxpayers, plus the Anglo-Irish promissory notes etc. A referendum can also be used to press the Eurozone authorities to agree a growth strategy for the Eurozone instead of the present failed austerity policies.
– Anthony Coughlan, Director, The National Platform EU Research and Information Centre
Consider the case of Ireland, which has been a good soldier in this crisis, imposing ever-harsher austerity in an attempt to win back the favor of the bond markets. According to the prevailing orthodoxy, this should work. In fact, the will to believe is so strong that members of Europe’s policy elite keep proclaiming that Irish austerity has indeed worked, that the Irish economy has begun to recover.
But it hasn’t. And although you’d never know it from much of the press coverage, Irish borrowing costs remain much higher than those of Spain or Italy, let alone Germany.
– Paul Krugman, New York Times