Category Archives: EU

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

Alert: Government Attempts to Pass ESM with Minimal Public Debate


Today – Wednesday, & Tomorrow – Thursday The Government will seek Dail approval of: The Article 136 TFEU amendment to the EU Treaties which authorises the setting up of the permanent Eurozone loan fund, the European Stability Mechanism + A … Continue reading

Posted in Accountability, Action Stations, ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Referendum | Tagged , , , , | Leave a comment

Last Post of Referendum: If you haven’t yet voted, please read this…


John Corcoran (ICTA) writes in an email: At 8.25 am yesterday morning Paul Krugman and John Corcoran spoke simultaneously on BBC radio and advised the Irish people to vote No in the Fiscal Treaty Referendum.  John spoke on BBC radio … Continue reading

Posted in Action Stations, ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Referendum | Tagged , , | 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 Conservative Alternative to Austerity Economics


… the basic idea could hardly be simpler. The growth figures that dominate the headlines are of “real” gross domestic product, which means they are corrected for inflation. With nominal GDP they are uncorrected. The idea of targeting nominal GDP … Continue reading

Posted in Austerity / Cutbacks, Budget, Commodities & Cost of Living, Economy, EU, Fiscal Compact Treaty, Germany, Solutions | 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

Euro-spawned divergent growth and inflation caused external payments imbalances


Euro-spawned divergent growth and inflation caused external payments imbalances. Government profligacy did not divide ‘saints’ from ‘sinners’. In the good years Germany was a near-sinner. Its budget deficit exceeded the Eurozone average and was a whisker below the 3% Maastricht … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, Commodities & Cost of Living, Economy, EU, Euro / Sovereign Money, Fiscal Compact Treaty, Germany, ireland, Referendum | Tagged , , , | Leave a comment

A Tale of Two Treaties: Citizens’ Guide


Ireland is being asked to approve two new international treaties and an amendment to the European Union Treaties. These are: 1. Treaty establishing the European Stability Mechanism (called ‘ESM Treaty’) 2. Treaty on Stability Co-ordination and Governance in the Economic … Continue reading

Posted in ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, Referendum | Tagged , | Leave a comment

People’s Movement Referendum Campaign


Warning: Permanent Austerity Ahead! The People’s Movement has opened an office in central Dublin for the duration of the referendum campaign on the Permanent Austerity Treaty. The office is at 5 Cavendish Row, directly opposite the Gate Theatre. We are … Continue reading

Posted in Action Stations, Austerity / Cutbacks, Budget, Economy, ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, 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

Gilmore: Ireland could apply to IMF if we reject the treaty


Via Politics.ie: Gilmore: Ireland could apply to IMF for money even if treaty rejected | BreakingNews.ie Tánaiste: Ireland could apply for second bailout with No vote – Newstalk.ie

Posted in Accountability, Economy, EU, Fiscal Compact Treaty, IMF, ireland, Permanent Austerity Treaty, Referendum | Tagged , , | Leave a comment

Ó Cuív says “No”


The Journal.ie– Ó Cuív breaks ranks to advocate No vote in Fiscal Compact: Ó Cuív told the Adhmhaidin show that a No vote against the fiscal compact would lead to the appraisal of the European Stability Mechanism treaty, which is … Continue reading

Posted in Bankers' Bailout, ESM / European Stability Mechanism, EU, Fiscal Compact Treaty, ireland, Permanent Austerity Treaty, 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

Peter Mathews TD (FG) – “It’s now time for the ECB to establish fairness within the eurozone”


The last government agreed that the State should pay €31bn to IBRC (formerly Anglo and Irish Nationwide) over a 13-year schedule ending in 2025. The first payment of €3.1bn was made in March 2011. The next payment is due on … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, EU, ireland, Leo Varadkar versus the World, Promissory Notes, Solutions | 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 – 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

David Malone author: The Debt Generation – Friday October 21@6pm, Harry Clarke room NCAD, 100 Thomas St, Dublin 8


Great thanks to Seanán Kerr who is busy arranging a talk, Q&A and perhaps a panel discussion on – SLIGHT CHANGE BUT NOW CONFIRMED Friday, October 21st between 6 and 8pm, in the Harry Clarke room in NCAD, 100 Thomas Street … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, Conference / Talk, Economy, EU, ireland, Solutions | 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

All I know is that there were rumours… Irish / German central bank printing backup punts / deutschemarks?


The Guardian / Alan McQuaid, chief economist at Bloxham stockbrokers in Dublin – What if Ireland pulls out of the euro and prints punts? Rumours abound in Dublin that the Irish central bank is back printing punts just in case … Continue reading

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