Tag Archives: european stability mechanism

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

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

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: EU “solidarity” that can only make our bad situation even worse


Just when you thought it couldn’t get any worse, along comes a new piece of EU “solidarity” that can only make our bad situation even worse. The Tánaiste, Éamon Gilmore, has admitted that Ireland will be required to pay approximately … Continue reading

Posted in Bankers' Bailout, Civil Rights & Liberties, Debt Default/Restructuring, ECB/IMF, Economy, EU, Geopolitics, ireland, Taxation | 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

Guest Post: People’s Movement – Demand a referendum to defeat another EU stitch-up


We should waken up to the fact that the country is threatened with yet another stitch-up, by courtesy of the Government and the Fianna Fáil opposition. But this is different. Unlike previous stitch-ups, such as the infamous blanket bank guarantee … Continue reading

Posted in Accountability, Action Stations, Bankers' Bailout, Budget, Civil Rights & Liberties, ECB/IMF, Economy, EU, Euro / Sovereign Money, Independence/Nationalism, ireland | Tagged , , , | Leave a comment