Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
TROIKA OFFICIALS are back in Ireland to carry out their latest review of the government’s adherence to the bailout agreement.
Ireland has been given positive assessments by the troika in their recent reports, which said the country was on-track to meet its loan targets.
After the IMF’s fourth review of Ireland’s performance, a further €3.9 billion was released last month to the government under the terms of the bailout.
However, the IMF warned that weakening activity among Ireland’s export partners could impact on the country’s export levels.
During this review, troika officials are expected to focus on the implementation of measures to meet targets set under the loan agreement, Ireland’s unemployment levels and negative growth in the last quarter. Wider concerns that the eurozone could slip back into recession this year are also likely to be considered in the review.
The group is also expected to outline the next quarterly targets for the government.
To embed this post, copy the code below on your site
TROIKA OFFICIALS AKA bankers/ex bankers,sucking our country dry of money and making sure
that their buddy’s are getting their gambling bank loans payed by the Irish people.
So the 3.6billion cut’s in the budget there was only to receive 3.9 billion in a release from the IMF to pay bond holders this year,Biggest robbery in day light history.
Please stop calling it a bailout. It is no such thing.
When a country is experiencing massive unemployment, massive emigration, massive loss of services, increases in personal taxation, erosion of living standards, asset stripping and the forced transfer of cash to bank bondholders who have no legal or moral right to get their money back: We are not being bailed out, we are being slowly economically strangled to death.
And what is even worse is the Orwellian double speak of our ‘leaders’ who are sleepwalking this country to the slaughterhouse.
Here’s a great interview with Chris Hedges, very long, but very interesting and he’s very clear about what he perceives as happening in society today. An American point of view, but the same applies in Europe, and tighter fiscal union will only serve to speed up the process here:
http://www.youtube.com/watch?v=7zotYU21qcU
They ARE out to get you.
The decision makers that aloud our country get to the stage were these aliens can play OUR country like a puppet, are still being given ridiculously high pay/ payoff/ pensions. There is not 1 of the political elite who caused this mess queuing at a dole office. Justice?
go home
love the way the goverment has made everyone think the troika are the bad guys, the goverment invited them here, and honestly i don’t think the troika are doing a bad job. The worst of the cuts have all been outside of the agreemnet and it was volintary to make these cuts by the goverment
Jay, time for you to catch up on the news….
The Troika were not invited here, they were forced upon us by the EU to prevent contagion across the Eurozone with the threat of withdrawing ECB liquidity to our banks if we said no.
The “bailout” was set at an extortionate rate of interest to encourage The other Piigs members to get on the austerity programme.
I’d agree with you Jay to a certain extent in that the troika have forced positive changes on a beligerant government…(forcing the legal profession to disclose their rates comes to mind)…so yes good stuff to a certain degree.
Just a pile more money for all the Cronies Wage,and pensions.Plus the banks will get their greedy hands on most of it.
We need ‘the man with no name’ and the music of Morricone, to help us.
Goodbye Mursheen Durkin
Sure I’m sick and tired of workin
No more I’ll dig the praeties
No longer I’ll be fooled
As sure as me name is Carney
I’ll be off to Californi…..
But you should have stuck to the praties,
Cos you won’t find lumps of gold.
Stay! Why doncha? :-)
To add insult to injury we will have the press conference with howlin on his biscuit tin preaching about how well we are taking our medicine but no body has realised the patient is dead.
The government maintain we will return to the markets late this year yes at 8 or 9 %.
So as we have to roll over debt we will have to take bailout so let’s be up front about it and stop this waffle by a noonan howlin ect who are in denial to themselves or us
Jesus…we mut have the flatest heads in Europe from all the patting these guys are doing…
lol! – comment of the week! :-D made my evening!
i beliee or they are staying in a very beautiful ah sure its the least we could
I believe he or they are staying in a beautiful hotel AH sure its the least we could do to show our apprication, for keeping us in line.
I read on the huff post this morning that Greece has revamped its disability payment system. Sadomasicsists, kleptomanics,and pedaphiles are all entitled to disability benefit. Now the eurozone will never get out of this crisis aslong as the Greeks keep taking the piss
Ireland bailing out the Germans……..They need to stay in the Euro to keep their ecomony afloat. If the Euro collapses the Deutsche Mark would shoot through the roof, their compeditiveness would disappear.
have your say