Tag Archives: esm

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

“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

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

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

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

The European Stability Mechanism (ESM) in a nutshell (People’s Movement)


What is the European Stability Mechanism? From 2013 the ESM will have the responsibility for providing loans to euro-zone member-states in difficulties—strictly conditional on the implementation of a range of “adjustment measures” and if the granting of the assistance is … Continue reading

Posted in Bankers' Bailout, Budget, ECB/IMF, ESM / European Stability Mechanism | Tagged , | Leave a comment

Guest Post: The trouble with the European Stability Mechanism – Paolo Manasse / VoxEU.org


The meeting of the European Council on 24-25 March focused on shoring up the battered Eurozone infrastructure through the European Stability Mechanism. This column argues that the mechanism is seriously flawed. It says it is unlikely to withstand the shock … Continue reading

Posted in Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, Geopolitics, ireland | Tagged , , , , , | Leave a comment