Category Archives: ECB/IMF

Pay no attention to that crisis behind the Euro


Private Eye, no. 1315, p.12 – ‘The Agri Brigade’ – of interest to the Irish state’s farmers; think the Euro is so great for your business?: … farmers within the eurozone represent UK farmers’ most important competitors… It is a … Continue reading

Posted in Agriculture, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money | Leave a comment

What would happen if Ireland left the Euro?


Emmett O’Connell – The Consequences of Monetary Union (1972); The Economist – Coming In From The Cold, Lessons from Iceland: … the extra cost to a country of not standing by its banks can be surprisingly small… the benefits to … Continue reading

Posted in ECB/IMF, Economy, EU, Euro / Sovereign Money, iceland, Independence/Nationalism, ireland, Solutions | Tagged , , , , , , , | Leave a comment

FINAL UPDATE: Citizen’s Campaign South East – Fiscal/Austerity Treaty Referendum: Public Meetings (Counties Carlow, Kilkenny, Waterford, Wexford)


Update/change: Last public referendum meeting – Wexford Town (Tues 8pm St Josephs) FINAL UPDATE: TUESDAY 29th May           Wexford town Wexford Sinn Féin @St Joseph’s Community Centre, Bishopswater, Wexford Town John Corcoran (Irish Commerical Tenants’ Association) Oisin Ó Conail (Co. Wexford … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Referendum, Save Our Services | Tagged , , , | Leave a comment

“A Federation for the Eurozone and a Confederation for the rest of the EU”


(Note: The following replaces & corrects earlier version of 7/May) TWO TREATIES FOR THE EUROZONE AND AN AMENDMENT TO  ONE OF THE EU TREATIES  – ALL RELATED TO EACH  OTHER! Reply to Dr Gavin Barrett, Senior Lecturer in European Law, … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, ECB/IMF, Economy, EFSF / European Financial Stability Fund, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, France, Germany, ireland, Promissory Notes, Referendum | Tagged , , , | Leave a comment

Reply to Dr Gavin Barrett’s article on the Fiscal Treaty referendum in last Friday’s Irish Times


By Anthony Coughlan, Director, The National Platform EU Research and Information Centre “The Member States whose currency is the euro may establish a stability mechanism to be activated if indispensable to safeguard the stability of the euro area as a … Continue reading

Posted in Budget, ECB/IMF, EFSF / European Financial Stability Fund, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Promissory Notes, Referendum | Tagged , , | Leave a comment

Lombard Street: “structure of the euro worsened divergences naturally arising from the differences between countries”


The structure of the euro worsened divergences naturally arising from the differences between the countries. The Dutch and Germans felt poorer than they actually were, the Spanish richer – and the low interest rates that were perceived as a benefit … Continue reading

Posted in Commodities & Cost of Living, ECB/IMF, Economy, EU, Euro / Sovereign Money, eurozone, Geopolitics, Germany, Greece, Housing Bubble, ireland, Leo Varadkar versus the World, Spain | Tagged , , , , , , | Leave a comment

Automatic Austerity: 10 things you need to know about ’the Fiscal Compact’ (Corporate Europe Observatory)


On the 1st of March 2012, 25 EU heads of state or government will sign a new treaty[1], and if all goes as planned, it will enter into force early next year. The so called ‘Fiscal Compact’ was conceived in … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, Germany, ireland, Referendum | Tagged , , , , , , , , , , , , | Leave a comment

UPDATE: The “Fiscal Compact” Treaty & Irish Referendum: Pay No Attention to that Article 136 Behind the Curtain!


Treaty text is here. Initial and subsequent drafts here and here and here. BBC Q&A here. Peoples’ Movement – Commentary on the EU Permanent Austerity Treaty (Fiscal Compact Treaty); NationalPlatform.org – We need to postpone ratifying the ESM Treaty until … Continue reading

Posted in Austerity / Cutbacks, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, Independence/Nationalism, ireland, Referendum | Tagged , , , | Leave a comment

#OccupyDameStreet public statement: the lock-down of the department of Finance


Media Advisory Updated- 25TH of January, 2011 – 06:30 GMT We are Occupy Dame Street, part of the Occupy Ireland and global Occupy movement. This morning at 6.30 am the beginnings of a social time bomb exploded in Dublin city … Continue reading

Posted in Accountability, Action Stations, Austerity / Cutbacks, Bankers' Bailout, Civil Disobedience, ECB/IMF, Economy, EU, Ideology, ireland | Tagged , , , | Leave a comment

“Everyone qualified to explain what happened complicit in pushing this… would give the rope to hang commentariat”


From Phillip Pilkington, writing at NakedCapitalism: “almost every single person in Ireland today qualified to explain what happened was complicit in pushing this economic ideology. And so to explain to the Irish people what actually happened would be to give … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, Commodities & Cost of Living, ECB/IMF, Economy, EU, Housing Bubble, Ideology, ireland | Tagged , , , , , , , , , | Leave a comment

Update: Vincent Browne vs. “The Condescending Euro Prick”


Via: Mish – Irish Journalist Hounds ECB Official Regarding Irish Taxpayer Bailout of French and German Banks; Cory Doctorow / Boing Boing – Irish journalist humiliates EuroBank technocrat who won’t stop ducking hard questions; Max Keiser – Vincent Browne v … Continue reading

Posted in Accountability, Audio/Video, Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, Economy, EU, Geopolitics | Tagged , , , | Leave a comment

People’s Movement budget demonstration: European Parliament office, Molesworth Street Dublin, Tue. 6 Dec. 1 pm


People’s Movement budget demonstration Assemble at the European Parliament office (Molesworth Street) Dublin. Tuesday 6 December, 1 p.m.

Posted in Accountability, Action Stations, Austerity / Cutbacks, Budget, ECB/IMF, EFSF / European Financial Stability Fund, EU, Euro / Sovereign Money, Independence/Nationalism, ireland | Tagged , , | Leave a comment

UPDATE: “Deutschebank Uber Alles: Germany Imposes VAT Tithe On Ireland” (ExiledOnline.com)


Via ExiledOnline.com: Reuters – Exclusive; Ireland to raise VAT in December budget: Finance Minister Michael Noonan has said he will not reveal the exact measures until he presents the budget on December 6.However, according to a document presented to the … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, EFSF / European Financial Stability Fund, eurozone, Geopolitics, Germany, Independence/Nationalism, ireland | Tagged , , , , , , , , , | Leave a comment

[UPDATE – Papandreou fires military chiefs] You read it here first: A Greek Coup? Part 3 of a continuing series…


2/November, 2011. EUobserver.com – As government verges on collapse, Papandreou fires military chiefs: …in a development that has stoked fears of a potential military coup in the country, Papandreou on Tuesday also fired the entire high command of the armed … Continue reading

Posted in Civil Disobedience, Civil Rights & Liberties, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, Greece, Human Rights, Intelligence / Securocrats, War & Peace | Tagged , , | Leave a comment

And now for something completely different: a bank display sign says… (2)


Posted in Bankers' Bailout, ECB/IMF, Humour | Tagged , | Leave a comment

Connect the dots? Greek government buys 400 tanks . . . (dot, dot, dot)


June 25, 2011: Greek Coup to force exit from Euro?  – John Mauldin, “Outside the Box” Newsletter: To go back to the drachma would require a bank holiday for a week, and it would have to be a surprise move. … Continue reading

Posted in Civil Disobedience, ECB/IMF, Economy, EU, Euro / Sovereign Money, eurozone, Geopolitics, Germany, Greece, Human Rights, USA / America | Tagged , , , , , , , | 1 Comment

Conor McCabe – Raymond Crotty Memorial Lecture 2011: Rancher & Banking Interests in the Irish Economy. Pearse Centre, Dublin @ 2:30pm, Saturday 15 October.


Raymond Crotty Memorial Lecture 2011 – Conor McCabe: Rancher & Banking Interests in the Irish Economy Dr. Conor McCabe will deliver the Raymond Crotty Memorial Lecture for 2011 in the Pearse Centre (27 Pearse Street), Dublin, at 2:30 p.m. on … Continue reading

Posted in Bankers' Bailout, ECB/IMF, Economy, Elections, Emigration, EU, Euro / Sovereign Money, Geopolitics, History, Housing Bubble, Independence/Nationalism, ireland | Tagged , , , , | Leave a comment

Important Conference – The EU in crisis: Prospects for regaining Ireland’s sovereignty. 7-8 October 2011


The EU in crisis Prospects for regaining Ireland’s sovereignty. Friday-Saturday 7-8 October 2011 The Ireland Institute 27 Pearse Street Dublin 2 Friday 7 October 7.30pm Was ‘Social Europe’ a con? Speakers: David Begg, General Secretary, ICTU Alex Gordon, General President … Continue reading

Posted in Action Stations, Austerity / Cutbacks, Budget, ECB/IMF, Economy, Euro / Sovereign Money, Geopolitics, History, Independence/Nationalism, ireland, Sovereignty | Tagged , , | Leave a comment

European, Institutional Bank Run in progress?


ZeroHedge – PIMCO Warns Global Central Banks Are Now Openly Defecting From The Status Quo’s Prisoner’s Dilemma; Bloomberg – Lloyd’s of London Pulls Deposits From Banks on Debt Crisis: Lloyd’s of London, concerned European governments may be unable to support … Continue reading

Posted in Bank Run, ECB/IMF, Economy, EU, eurozone, France | Tagged , , | Leave a comment

Greece is the word…


News from the past seven days… MarketWatch – Greece should default, exit euro, Roubini says; ZeroHedge – Germany Demands “Managed” Greek Default And 50% Bond Haircuts In Exchange For Expanding EFSF, Peripheral “Firewall”; Spiegel – ‘We Won’t Pay’ Greece’s Middle … Continue reading

Posted in Austerity / Cutbacks, Budget, Civil Disobedience, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, eurozone, Geopolitics, Germany, Greece, Health | Tagged , , | Leave a comment

Yanis Varoufakis in Ireland: Understanding the Euro Crisis


I am in Dublin on a series of talks, interviews and discussions through which I hope (a) to spread the word for the Modest Proposal and (b) to learn from this amazing small country’s experiences. Today’s (personal) highlight was meeting … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, Eurobonds, Geopolitics, Greece, ireland, Solutions | Tagged , , | Leave a comment

Desmond Greaves Summer School: “Economist sees Irish echoes of US crisis” – Irish Times


From The Irish Times – Economist sees Irish echoes of US crisis: “The closest decade to this one as far as real growth in gross domestic product was the 1930s. There was 1.3 per cent growth per year then, and … Continue reading

Posted in Action Stations, Austerity / Cutbacks, Bankers' Bailout, Breaking News, Budget, Civil Rights & Liberties, Debt Default/Restructuring, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Geopolitics, History, Housing Bubble, Ideology, Independence/Nationalism, ireland, Solutions, Taxation | Tagged , , , , , , , , | Leave a comment

EU austerity contagion spreads (People’s Movement)


Italy’s government has approved a €345½ billion austerity budget that the prime minister, Silvio Berlusconi, said was the result of pressure from Finland, Germany, and the Netherlands. The draft measures—which must still go before parliament for final approval, expected in … Continue reading

Posted in Austerity / Cutbacks, Budget, Civil Rights & Liberties, ECB/IMF, Economy, Elections, EU, France, Germany, Greece, Italy, Superstate, Taxation | Tagged , , , , , , , , , , , , , , , , | 1 Comment

Vote on European Financial Stability Fund (EFSF) in the offing – People’s Movement


Will we approve the ESM without a referendum? Ollie Rehn has said that he expects euro-zone countries to quickly agree—by September at the latest—to widen the scope of the European Financial Stability Fund that was agreed at a summit meeting … Continue reading

Posted in Accountability, Budget, Civil Rights & Liberties, ECB/IMF, EFSF / European Financial Stability Fund, Elections, ESM / European Stability Mechanism, EU, Geopolitics, Germany, ireland | Tagged , , , , , , , | Leave a comment

Eurobonds ruled out by France and Germany? (People’s Movement)


The German and French governments have ruled out eurobonds as a solution to the euro-zone debt crisis. The German minister for finance, Wolfgang Schäuble, said: “I rule out eurobonds for as long as member-states conduct their own financial policies, and … Continue reading

Posted in Budget, ECB/IMF, Economy, Euro / Sovereign Money, Eurobonds, France, Geopolitics, Germany | Tagged , , , | Leave a comment