Carthy Questions ECB On Tax Avoidance By Vulture Funds

Sinn Féin MEP Matt Carthy has today questioned the European Central Bank, requesting that it investigate tax avoidance by banks under its direct supervision who are acting as ‘vulture funds’ in the Irish state. Speaking from Strasbourg, Carthy said: “Banks are increasingly selling off distressed mortgages to vulture funds at reduced prices, who have proven […]

MEP calls for open Freedom of Information process on IBRC liquidation

Following reports that the ECB has gagged the government from releasing information on the liquidation of the Irish Banking Resolution Corporation, Phil Prendergast MEP has voiced her criticism of the plan.   “The legislation regarding the liquidation of the IBRC was passed late at night with minimal information relayed to the public. The debate for […]

Prendergast Sams European Central Bank Bias

Labour MEP for Munster, Phil Prendergast, accused the ECB’s president, Mario Draghi, of political bias and interference in Member State’s public policies.   Speaking in Parliament ahead of yesterday’s plenary vote, in Strasbourg, on the European Central Bank’s recent performance tacking the economic crisis, Ms. Prendergast said:   “The European Central Bank has proved able and willing to take […]

No To Bondholder Bailout protest coming to Co Tipperary

The Ballyhea Bank Bondholder Bailout Protesters have been marching every Sunday Since March 6th 2010, until the deal of the previous November is revisited and revised in favour of the Irish citizenry. Next week they are coming to Tipperary. This Sunday, September 16th, week 81, timed to coincide with the reconvening of the Dáil, they […]

Irish water is yet another source of income for the ECB to pay off the bondholders and banksters – Morris

The recent announcement of the creation of a new Irish Water company and the handing over of this vital resource which sustains all life to An Bord Gais without any due diligence is more about raising more revenue for our E C B controlled Government than actually preserving water. Those that are promising a bonanza […]

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 […]

Government in denial over the depth of despair caused by the austerity measures

The recent scandalous comments by Michael Noonan where he claimed that the emigration forced on Irish People with the collapse of the Economy “was merely a choice of lifestyle” beggar’s belief from a minister with his head stuck up the jumpers of the Euro fascists that are running Europe over a cliff. The fact is […]

Europe Needs Decisive Action, Not Sub-Prime Measures – Prendergast

Labour MEP for Ireland South Phil Prendergast urged EU Member State government leaders to take decisive action to avert further deterioration of the Eurozone crisis. Speaking ahead of next Sunday’s European Council summit, Ms. Prendergast said: “The sovereign debt crisis is a consequence of an economic crisis triggered by the near-implosion of a reckless financial […]

The Revisionist Hypocrisy of Fine Gael and Labour

by Seamie Morris The last few weeks ever since Deputy First Minister of the six county Government Martin McGuiness decided to legitimately throw his name in the Presidential race we have seen disgraceful revisionism from Fine Gael and Labour. Of course this is nothing to do with Martin McGuiness himself and all to do with […]

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 […]