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THE EUROPEAN COMMISSION has released details of its new proposals for protecting taxpayers against future bank losses through greater economic integration and a ‘banking union’.
The Commission is proposing a new four-pillar ‘banking union’ and says a new framework for tackling future banking problems will be based foremost on prevention and preparation, followed by early intervention.
The proposed banking union incorporates a single EU deposit guarantee scheme for all EU banks, one uniform ‘rule book’ for bank supervision, a single EU supervisor with ultimate decision-making powers for systemic and cross-border banks, and a common resolution authority and fund for the resolution of systemic and cross-border banks.
The proposals favour resolution over insolvency proceedings, because the Commission says that the former protects certain stakeholders – such as depositors – and keeps the banks operational. The latter can take years in order to ensure maximising the value of the assets involved in the interest of the creditors.
The cost of any such resolution “should be borne by the banking sector rather than taxpayers” and a single European resolution fund should be set up in time but that for now, “setting up a single pan-EU fund would be difficult”.
The Commission says in a memo today that although using public funding to bail out troubled banks may have been necessary to prevent widespread market disruption, “it is clearly undesirable for public funds to be used in this way at the expense of other public objectives”.
It also says that high-profile banking failures such as Anglo Irish Bank and Lehman Brothers have revealed “serious shortcomings” in the current framework for coping with such crises while demonstrating that “supporting banks which are too big to fail with squeezed public finances is becoming increasingly unsustainable”.
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A farce show for a farce channel,both should be cancelled.
@Trevor Hayden: if people want to spend a night in front of the telly with a bowl of popcorn and a bottle of wine listening to a mixed bag of songs from around Europe then so be it… to be fair it’s not RTEs fault that the PUBLIC voted Israel’s song as the winning entry last year (it was 2nd or 3rd after the national juries vote).
I actually like that all of this is helping to highlight some of the Palestinian/Israeli issues. Hopefully people will learn more about the conflict as a direct result of the contest and use this knowledge in a meaningful way.
“farce show, farce channel” …cancel then both? Ahh stop!
@Dec: Trevor is what one might call ‘triggered’.
@Dec: around Europe and Australia… there wasn’t a cow milked in Oxford St when they let Oz joined the comp.
@Curious: Triggered, I’d prefer ” Boycie’d” Rte trying to sell a second rate farce to the public as entertainment.
Jesus it makes the X factor entertaining and that’s real tripe.
@Dec: I suppose Dec ,we could see the style and glamour, of the huge amount of palastinians that will be in the audience?
@Gerry Campbell: There would be as many Israeli Arabs present that would have the inclination to go – as like all such events in Israel. As for the “huge amount of Palestinians” in the audience – well if it was in Ramallah or Hebron then maybe but its in Tel Aviv in Israel so probably not.
@Gerry Campbell:
Gerry. It’s been highlighted elsewhere in this thread that maybe you don’t read “good” but the Arabs became Palestinian for the 1st time in 1964. Jerusalem east (no such thing btw) wasnt held by Arab Palestinians it was held by Jordan. To regain this capital they talk about. Christians there milenia would have to be expelled as Jews who lived there milenia were expelled when Jordan invaded
Just to let you know as well. 20% of the Israeli population are Arab. They are judges, Doctors, lawyers, Teachers and Nurses
They’ve the exact same rights as Jews
Sorry you’ve never been to beautiful Israel and believe such bs
@Damon16: Israel considers Palestine part of its territories. The reason you wont see Palestinians there is because they are living in an apartheid regime.
@Gerry Campbell: I don’t know who’s going to be in the audience but you’re almost certainly right. It’s up to individual nations, tv stations and participants to highlight what it is that they see and to broadcast that to their own national audiences. The show itself is one part of an event that spans across an entire week.
@Damon16: maybe …maybe, you think they chance dressing up and socializing there either …
@CouncilWatch: Shalom oh Nameless one, now Israel is a state stolen by the Jews ,bargained for ,by wealthy American Jews to save Britain’s arse as they were losing WW1…..that I’m sure means as little to the likes of you as that young girls teeth your soldier knocked out last week , brave boys and girls you have there ,ye will be grand .
@Cal Mooney: That is true, the Palestinian people are living under an apartheid regime of Hamas and the Palestinian authority who won’t allow their own people to live in peace, take the money given to better the lives of the Palestinian people by the UN, US and EU, (our taxes) to line their own pockets and keeps their own people oppressed for their own murderous ideology.
1. Israel is not in Europe, just because they cant play nice with the neighbors they should not be allowed use this or Eufa as propaganda for their illegal activities.
2. Criticism of Israel is not antisemitism.
3. RTE need to listen to who pays the licence fee and not be bullied by Israel like our Government have been in the past.
@Dave Connolly: Not in continental europe , but is part of european broadcasting union who organise event, as is turkey and most north african countries. Competition is open to them if they choose to take part.
@Dave Connolly: “can’t play nice with their neighbours” neighbours who are calling for the destruction of Israel since the beginning?
@Dave Connolly: Several contestant countries aren’t in Europe. Membership of the EBU is the only qualifier. If RTE are to listen to who pays the license fee, the average viewing figures for last years contest was 690,000 – it peaked at 1 million during the results segment, then yes it’ll be a worthwhile show. We shouldn’t be bullied by moral relativists who hate Israel.
@Seamus Mac: start of what? When they first kicked people off their land or the more modern ethnic cleansing ?
@Dave Connolly: there two sides to that story Dave but you are only interested in one.
@Seamus Mac: there are
@Dave Connolly:
Have you been to Israel Dave or are you another armchair educated who listens to the lies the racist IPSC who replicate the actions of the Nazis in the 1930s spin?
How many of the tiny 11000 signatures are actually Irish when the Nazis leading the boycott charge called on their international co Jew haters in the international BDS campaign to sign?
Silly boy
@Dave Connolly:
Kicked people off their land ???
History much Dave?
You’re embaresing yourself
@CouncilWatch: ah look the voice of imperial Israel is out in force. Back under your bridge troll
@Clifford Brennan: I dont hate Israel. but what they are doing is illegal and morally wrong. They are acting like bullies and need to be called out for what they are.
@Dave Connolly: yeah they keep bullying the people who are trying to blow up there kids. Israel is a leader of human rights in the Middle East.
@CouncilWatch: don’t ye get a tea break atall in the Embassy ?or is it near going home time in Tel Aviv…
And here I thought the point was to win the competition not get political.
@John Flood: that’s adorable.
@Sarah: I agree with RTE’s stance, Eurovision is non-political event but it is a human one; and anyone with an ounce of basic human dignity or any belief in human rights should shun this event while it is being held there
@George O Neill: your taking the mick . The Eurovision in recent years is as political as you get. Voting or not voting for allies or foes. Ukraine expelling Russian singer. This is no longer a contest. It’s influencing you neighbours.
@Sarah: so are you. Never change.
@George O Neill:
You won’t be watching the world either I guess?
@George O Neill: nonsense. Israel has far more human rights than any of the states around it. Check out its neighbours track records on lgbt rights and tolerance of religious difference
Maybe the Rte cameramen etc , could refuse to film it like the Dunnes Stores staff who refused to sell fruit from Apartheid South Africa.
@Frank Emerson: it’s probably a central TV crew / system for most of the show. RTE don’t necessarily need to be at it.
@Frank Emerson:
Lol. So one of the few Countries where Arab Women can vote (Israel), where LGBTQ Arabs can be openly gay (Israel) and where the Lord Mayor of Tel Aviv is Arab is……apartheid????
Lolololol
You were being satirical right
@CouncilWatch: I am pretty sure women are allowed to vote in all middle East countries except in the likes of US backed Saudi Arabia, Bahrain etc. Palestinian women are not allowed to vote in Israeli elections even though Israel claims Palestine as part of its territories. In Bahrain, 70 percent of the population are not allowed to vote. In Egypt, no one is allowed to run as President except the US backed coup leader. Israel has diplomatic relations with both of those countries. No surprise there.
The anti-Israelism and left-wing control of the media in Ireland is just all-consuming. The fact that RTE dithered for a month as to whether to confirm their participation in an event, popular with Irish people, shows how willing RTE is to bend-the-knee to the hard-left.
I haven’t been a big fan of the Eurovision since the turn of the century, but I have to point out that those petitioners, mentioned in the above story, certainly don’t represent me and would not represent the vast majority of Irish viewers who will tune-in the watch the 2019 Eurovision held in Israel this May.
@J. Reid: Left-wing control of media is a myth. The private media is owned by corporations, RTE is very supportive of our centre-right government parties.
@Squiddley Diddley:
@J.Reid
Above is an excellent example of the confirmation bias BS all accross social media .
If RTE put nothing more than a brown circle on the TV screen for a day one side would screem RIGHT WING CONSPIRACY while the other would Bellow LOONY LEFT MEDIA CONTROL.
@Patrick Nolan: I don’t think I fall into one of those categories. Have you an issue with what I said?
@Patrick Nolan: I would actually tend to agree with you. RTE is pretty middle-of-the road, like most our main political parties, and does get flak from both extremes, which is probably a good sign. They do give a platform to all sides but are generally quite accepting of official statements and tend to be more questioning of Sinn Fein and other small parties. As such they support the status quo, which is to be expected of a State broadcaster. That’s hardly screaming “right-wing conspiracy” is it?
@J. Reid: I most certainly will not.
The difference between the wars in Yugoslavia in 2008, Georgia in 2009 and the situation in Ukraine and in Azerbaijan is that the oppressed Palestinian peoples themselves through civil society groups are calling for the boycott…its quiet evident that all people observing the boycott support peoples being oppressed worldwide, this is evident by the massive public support for the Occupies territories bill that was passed by both houses of parliament which targets thieving bas**ards who handle stolen goods worldwide….do we support criminality? certainly not .
@Ibhar Mac Suibhne:
Massive public support????
You are kidding right
Frances Black, elected with 75 votes and zero mandate apart from being Shinner light supported by terrorists pushing an illegal bill ?
You’re funny
@Ibhar Mac Suibhne: Palestinians are not calling for any boycott if Israeli goods, their shops are full of them, the Universities in Israel are full of Palestinians, including the hypocrite who started the BDS movement, they use Israeli techknowledgey and work in Israeli factories, stores and farmlands earning 4 times the Palestinian national income, BDS ruins their lives not the Israeli, don’t be fooled by the propaganda. I will never stop buying produce from Israel no matter what bill is passed making it illegal to do so, no one will tell me who I can or cannot purchase from. BTW, that bill will never pass in Ireland anyway, it would destroy our own economy and send us into another worse recession and the government know that.
If we had no problem with them being in the Eurovision every year before, then we have no problem with the possibility of them winning it, which we did.
Besides, the Eurovision isn’t a political platform.
Any idea of a boycott stinks of popularism.
@Colm A. Corcoran: … which THEY did. Slight typo there!
Israel and Eurovision – Twin Journal Triggers!
Looking forward to watching 2019 Eurovision from Tel Aviv! Im sure it will be a great show!
@deise: terrorist sympathizer
@Mark Broderick: indeed!
@Mark Broderick: nah, It’s the country around Israel who have the terrorists.
@Nathan Mawhinney: well said!
We pay TV license fees. If those fees are going to a broadcaster who is activeily supporting war crimes we are within our rights to boycott the TV license fee. If RTE do this then I say we boycott the TV license fee as I do not want my taxes going to fund war crimes.
@Wade Wilson: It most certainly does not fund war crimes. It may fund crimes against entertainment however.
@Wade Wilson: I assume you are as outraged at the money that the Irish government gives every yr to the Palestinian authority – half of whose budget is spend on lifetime pensions for terrorists and the families of suicide bombers.
@Wade Wilson:
You go for it Wade. Do what you want.
@Wade Wilson:
War crimes?
Do tell.
Oh and I will laugh at you if you mention the UN who have the Gulfies managing Women and children’s affairs and the just given Senegal a leading position in human rights
@Wade Wilson:
How do you feel about the €9,000,000 2018 of Irish tax payer money given to billionaire Abbas who pays arabs to kill Jews and Christians ?
The rest is used to build palaces and buy new jets
Great to see RTE not giving in to the bigots at IPSC. And make no mistake they are bigots.
@An_Fear_Liath: Said the bigot
@Mark Broderick:
Mark. You’re all emotional again
Shouldn’t you be down in Tesco removing Israeli products from Israeli companies who employ Arabs and give them a bigger minimum wage than the UK does?
Craggy island is live and well with you
@CouncilWatch: mate shouldn’t you be defending some idf goon as a victim?
They have had a year to figure their diplomacy, a year hoping the Israeli’s would get them off the hook by behaving, but nope,still knocking children’s teeth out with the butts of rifles ,will RTE show some backbone, not a chance ,out we’ll go like sheep …
@Gerry Campbell:
Knocking children’s teeth out with the butt of rifles??? How dramatic !
You’ve been to Israel obviously
Not
@CouncilWatch: I have been to Israel and i can confirm your talking shite!
@tooler doogan:
You’ve been to Israel?? Lol
No you haven’t ‘Tooler’
No one who goes on as you do has.
It’s okay though, 99.9999% of those who use ‘all the IPSC/Nazi buzzword haven’t been to Eretz Israel either
You need to keep your emotions in check. Just breathe. It will probably not be okay but your opinion matters
@CouncilWatch: say anything against Israel and your a Nazi. Typical troll
@CouncilWatch:ill send you a postcard from east jerusalem when i go there in may, hope its not intercepted by the idf!!!!!
@CouncilWatch: and you treally spout some shite, picking figures out of your arse, but you’re good craic in fairness!!!
“11,000 signatures pleading for a boycott“
This literally means nothing. RTE should broadcast it IMO.
Interesting insight but nowhere does ot mention that NOT ONE country is boycotting Eurovision in Israel and that RTÉ has twice before attented Eurovision in Jerusalem.
The left-wing fantatics who cheer on the Palestinian regime should not be allowed to dictate what our national broadcaster does.
The Eurovision is now a political arena with minipulated voting to friend or foe , Ukraine expelled Russian singer over Crimea. So let’s now say this is above politics.
Dont care for Eurovision but the public voted for that song because they liked it (different strokes etc) and the tradition always has been that the winning country hosts the next yr. Talk of boycotting is stupid. No country boycotted Russia when it hosted it or the winter olympics etc. Its a cultural event being hosted in Tel Aviv in Israel proper – not the occupied territories. That’s like arguing that the academy awards or whatever should have been boycotted when the US invaded Iraq – it makes no sense.
We allowed Israel to compete but now they became first we sit on our high horse and will boycott them? Not really taken a moral standard here.
I hope the contest goes well and I’m delighted it will be hosted in Tel Aviv. Israel is a unique and interesting setting for this year’s Eurovision Song Contest.
More racism from the anti-racist PC Brigade!
RTE participating in this charade would be shameful, not just to the clique in Montrose, but for the Irish people. It’s time we took a stand against our nationality being abused by the spineless, mindless drones in RTE.
@Willie Penwright: I think the vast majority of Irish people would disagree with you. A well organised political petition can only get 11,000 signatures. That says a lot. Thats 0.3% of the total number of people who voted in the last GE. Noise, both statistically and literally.
@Willie Penwright:
“Our Nationality” ???? You’re one of those who signed this petition to boycott aren’t you
From Wales lol
@Willie Penwright:
Lol
I’m still laughing at your comments so go raibh mile maith agat
Your national beer being called Brains has always me laugh too
It the simple things right
@CouncilWatch: you might be trying a bit of too hard there. Although you did give me a chuckle at the trying to portray that you were laughing and not offended.
I like Eurovision but will not be viewing it this year because it is being held in a country which is being ran by psychopath despots.
@m_murphy: when will the journal introduce laughing me bollo##s off emojis? Talk about delusional.Pick up a history book and jump off the left wing band wagon!
@Raymond Power: History books will rightly reflect the genocide, and you Raymond will be on the wrong side wondering where it all went right.
@m_murphy:
Eh. No He wont
@Raymond Power: delusional.. that would be you
@m_murphy:
A million Irish people, not the majority who signed that Jew hating position disagree with you and will watch
The fact is you will watch the finals.
Otherwise your have nothing to kvetch about
@m_murphy:
Eh Murph.
The genocide thing.
The Arab population has grown X 10 since 1948
@m_murphy: Hahahaha there’s that word again that the anti Israel/Jews haven’t a clue about the meaning, genocide, funny how there are 7 times the amount of palestinians now than there were in 1948 when Israel became a nation. Over 7 million today, genocide means less not more. educate educate educate.
@CouncilWatch: 11 thousand, not a million, a million Irish people wouldn’t sign anything put to them by the IPSC antisemite liars, and I would say most who signed did so on Grafton street on their stall, people ignorant about Israel just passing by doing their shopping trying to make themselves feel good about themselves. Trust me on that, I see them all the time.
Darude for Finland! https://eurovision.tv/story/darude-to-represent-finland-in-2019 .I will be watching anyway even if it comes from North Korea.
This should be a no brainer. This contest has is a farce. It costs a fortune , hosted by over paid presenters ,tax payers money wasted ,and entries by people who lost a fortune in the recession. Enough is enough, regardless with what is happening in other parts of the world its time to get rid of.
It is terrible to think that as people watch it on TV, that there will be human beings murdered just down the road at the same time.
@@mdmak33:
Agree. Last week a Jewish kid, 19 was raped, tortured and beheaded in Israel.
The terrorists family will be getting hundreds of thousands of dollars as the Palestinian have a Pay for slay policy when their people kill a Jew or a Christian or a Ba’ai or a Drueze or a Bedouin
Her name was
Ori Ansbacher
So you can sleep soundly in your bed
Three points made is this piece fro the IPSC are inaccurate and in my opinion lies, (1) Israel does not occupying Gaza, Israel pulled out in 2005, receiving rockets and mortars on their communities in return. (2) there is no mass slaughter being conducted just a few kilometres down the road.” and if they were referring to the 50 Hamas terrorists killed last year at the boarder fence while trying to enter Israel to slaughter Jews, then it just shows the type of people they are. Terrorists supporting terrorists. (3) There is also no occupation of Jerusalem, it has been the capitol of Israel for the past 3 thousand years, just because the moors invaded Israel and occupied Jerusalem in 636ad, doesn’t mean it belongs to the arabs. Jews have always lives there, arabs have not. 11 Thousand signatures to boycott Eurovision does not represent 4.5 million Irish people, and certainly not me.
I love Israel, Ireland is openly hostile to a democratic, modern people. Hopefully Israel win it again!
WITHOUT PREJUDICE: CANCEL CANCEL CANCEL.
RTÉ can’t even bring themselves to say illegally occupied. as if they would now take a moral stances on the subject.
@Carlin Ite:
Your mind is the only thing illegally occupied
Don’t care where it’s held it’s a complete waste of the licence fee.
On a personal level, I will be boycotting eurovision, not because I’m anti semitic but because of appalling abuse of Palestinian people, their land and civil rights.
@Nuala Corkery:
Why don’t you do a Virtual Tour of the palestinian museum online free Nuala?
We were the ‘Palestinians’
Never the arabs
I don’t watch it, but if I would query anything, it would be, why is Isreal (and others) in the Eurovision, but not in Europe?
Yes I know technically why, but it’s just weird, but so is the Eurovision, so who cares, sing your hearts out wherever you want.
I have a dilemma. I am a rabid anti-Semite as the Joos own all the banks and caused Communism too. But I can’t support the Palestinians because of all the lefties who support them.
I say bring bac
Eurovision. A music show for people that don’t really like music.
Eurovision. A music show for people that don’t really like music.
Meh…
I have a dilemma. I am a rabid anti-Semite but the amount of lefties who support Palestinians puts me off their cause too.
Give it back to the Cannanites and kick all both Joos and Pals out
Eurovision. A music show for people that don’t really like music.
I am not saying whether we should or should not participate . Just on whether or not Israel is in Europe or not. May I just point out they are certainly closer to Europe than Australia
Again, Ireland’s unhealthy obsession with Israel. Watch Eurovision or don’t watch it..who cares what you do
have your say