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The European Stability Mechanism is a crisis fund that comes at the price of €11 billion for Ireland, that EU countries will be able to gain access to should they ratify the Fiscal Treaty. But will it be a handy insurance policy for Ireland - or an economic straitjacket? ... read full story / add a comment
national / eu Saturday May 19, 2012 - 18:28 by simple fisherman
As a simple fisherman I was forced to leave England because our fishing industry was destroyed by the European Union and to come to your lovely country to find work. I am hoping to help out on a campaign to save Ireland's Fish and to point out the hard lessons your English brothers learned and which may be of some small assistance to Irish fishermen. ... read full story / add a comment
national / eu Friday May 11, 2012 - 10:01 by Sonya Oldham
Formal objection to the governments 'information' leaflet which we believe contravenes the mcKenna judgement. The introduction clearly shows a bias towards a Yes vote and contains many disputable claims which are not facts. ... read full story / add a comment
national / eu Monday May 07, 2012 - 01:23 by O.O'C.
“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 whole. The granting of any required financial assistance under the mechanism will be made subject to strict conditionality.” - Proposed amendment to Article 136 TFEU of the EU Treaties by which the 27 EU Member States authorize the 17 Member States of the euro currency area to establish a Stability Mechanism ... read full story / add a comment
national / eu Wednesday May 02, 2012 - 02:48 by Darcy
BUT WHAT HAPPENS IF WE VOTE NO? COULD IRELAND’S ACCESS TO A FUTURE BAILOUT FROM THE ESM RESCUE FUND BE PUT AT JEOPARDY BY THAT DECISION? This is the so-called ‘Blackmail Clause’ contained in Article 136 of the European Stability Mechanism (ESM) Treaty. ... read full story / add a comment
national / eu Tuesday May 01, 2012 - 09:27 by Sonya Oldham
Does the Fiscal Compact Treaty Deal with the Cause of the Crisis?
What Caused the Crisis? The collapse of the Irish banking system was principally caused by a failure of regulation and the reckless lending practices of the Irish and European banking system. ... read full story / add a comment
national / eu Monday April 30, 2012 - 20:02 by O.O'C.
TO: Professor Colm McCarthy Department of Economics UCD Dublin 4 Sunday 29 April 2012 Dear Colm, I am writing to you to make some points arising from your comments on the so-called Fiscal Treaty and the referendum on it on RTE’s Morning Ireland last Tuesday morning. ... read full story / add a comment
international / eu Friday April 27, 2012 - 16:29 by O.O'C.
The German austerity dictate is leading to new economic and social turbulence in the indebted counties of the southern Euro-zone. ... read full story / add a comment
national / eu Wednesday April 18, 2012 - 13:00 by O.O'C.
A referendum on the Fiscal Treaty (‘SCG’/Stability, Coordination and Governance) is to be held in Ireland in May but the related European Stability Mechanism Treaty (‘ESM’) is not to be similarly scrutinised, much less put to the people for approval. Yet both treaties are explicitly linked and interdependent. According to the ESM Treaty both treaties are ’complementary’. The ESM Treaty is illegal under EU law as it stands and is therefore unconstitutional, being in breach of existing EU treaty principles which have been approved by the Irish people in previous referendums and are now part of our law. ... read full story / add a comment
national / eu Saturday April 14, 2012 - 12:02 by O.O'C.
Peoples Movement campaigns: against any measures that further develop the EU into a federal state; and to defend and enhance popular sovereignty, democracy and social justice in Ireland. ... read full story / add a comment
national / eu Monday April 09, 2012 - 09:20 by Sonya Oldham
Does the Fiscal Treaty benefit Ireland? ... read full story / add a comment
national / eu Wednesday April 04, 2012 - 18:51 by O.O´C.
In a move clearly aimed at trying to upstage and divert attention from an extremely embarasing Sinn Féin private members’ motion on the ESM Treaty, the Minister for Finance, Michael Noonan, told the Dáil on 21 March that the Government is “now negotiating with the EU authorities, and principaly with the ECB, on the basis that the €3.06 bilion cash instalment due from the Minister to IBRC [Irish Bank Resolution Corporation] on 31 March 2012 under the terms of the IBRC promisory note could be settled by the delivery of a long-term Irish government bond. The details of the arrangement have still to be worked out.” ... read full story / add a comment
national / eu Wednesday April 04, 2012 - 01:10 by O.O´C.
The stroke? Sign up, virtually ‘on the q.t.,’ to a new permanent euro-zone bail-out fund, the European Stability Mechanism, to which Ireland will be “irrevocably and unconditionally” obliged to the tune of €11 billion, while all the time making great palaver about holding a referendum on the Fiscal Compact Treaty. ... read full story / add a comment
national / eu Monday April 02, 2012 - 15:04 by O.O'C.
The Government wants the Dáil and Seanad in the very near future to approve a hugely important amendment to the EU treaties without any referendum, even though this amendment and its legal and political consequences would mark a qualitative change in the direction of the EU and in the character, scope and objectives of the Economic and Monetary Union. ... read full story / add a comment
The Government's announcement of a referendum on the so-called "Fiscal Compact Treaty" (properly titled the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union/TSCG) calls in question its original intention to introduce the quite different European Stability Mechanism Treaty (ESM) to the Dáil for approval of its ratification on Tuesday or Wednesday next, or else sometime in the present pre-Easter Dáil term, as the Taoiseach recently announced. ... read full story / add a comment
We should work for a powerful No vote in the referendum on the Permanent Austerity Treaty, but we should also not be distracted from the anti-democratic process that the Government is using to bring the European Stability Mechanism into being ... read full story / add a comment
international / eu Wednesday February 29, 2012 - 18:49 by cropbeye
If there is a vote on the Euro compact campagainers should not go up a blind alley. A lot of Irish Government and establishment figures dont actually know much about the workings of Europe in depth when you scatch the surface. Dont waste time on them. ... read full story / add a comment
international / eu Tuesday February 28, 2012 - 01:02 by O.O'C.
“It would be tragic and fatal if we were to lose democracy on the road to saving the euro” - Dr Andreas Vosskuhle, President of the German Constitutional Court, 2011 “There are 27 of us. Clearly, down the line, we will have to include the Balkans. There will be 32, 33 or 34 of us. No one thinks that federalism, total integration, will be possible with 33, 34, or 35 States. Clearly there will be a two-speed Europe: one speed that moves towards a Federation for the Eurozone and one speed for a Confederation within the European Union.” - French President Sarkozy, 8 Nov. 2011 ... read full story / add a comment
national / eu Tuesday February 21, 2012 - 01:04 by O.O'C.
The Government seems determined to push ahead in the next few months with the ratification of two important treaties: the “Treaty on Stability, Coordination and Governance in the Economic and Monetary Union” and the revised “Treaty on the European Stability Mechanism.” The two treaties would make member-states of the euro zone into regimes of economic austerity, involving deeper and deeper cuts in public expenditure, increases in indirect taxes, reductions in wages, sustained liberalisation of markets, and the privatisation of public property. ... read full story / add a comment
national / eu Friday February 17, 2012 - 10:47 by Gregor Kerr
The fiscal treaty, as agreed by EU governments, is clearly an austerity treaty and will impose serious levels of economic and financial pain on Irish workers for years to come. In his blog ‘Notes On The Front’ Unite economist Michael Taft says “The Government, in signing the Fiscal Treaty, has effectively committed itself to introducing up to €6 billion more in tax increases and spending cuts in the medium-term, over and above what it has already planned”.[1] The prospect of such an approach is horrific and should shock all of us into action. Unless this is resisted we can expect even further tax increases, wage cuts and a slashing of all public services over the next couple of years. ... read full story / add a comment |
Global Indymedia Features22:34 Wed May 23, 2012 www.indymedia.org localfeatures features
Indymedia.org FeaturesFeatures selected and composed by the www-features and www-editoriales groups
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