Ireland Wronged, Pure and Simple – Billions Destroyed by Central Bank

The ongoing cancellation of the IBRC Promissory Note bonds and subsequent destruction of the money raised is a three-part process: 1) The National Treasury Management Agency (NTMA) issues sovereign bonds from which it raises billions of euro – this becomes part of the national debt, interest paid on the bonds from the date of sale, […]

ECB gets Valentines Card but Government Shows Little Love to People

On Valentine’s Day, the Anglo: Not Our Debt campaign has called on the Irish Government to show people in Ireland that it “really cares” by suspending repayments of Anglo Irish Bank’s debts. The Debt Justice Action network – encompassing a unique coalition of representatives from the trade union, community, faith-based, global justice, environmental and academic […]

Noonan in denial over €75 billion Anglo Irish promissory note – Doherty

Sinn Féin finance spokesperson Pearse Doherty has today accused the Minister for Finance of being in denial over the total cost to the State of the Anglo Irish Bank Promissory Note. Deputy Doherty’s comments were made after an exchange today with the Finance Minister during question time in the Oireachtas at which the Minister was […]