France Rises Up Against the New Fascism - Vaccine Passports 23:57 Jul 21 3 comments George Floyd: one death too many in the “land of the free” 23:58 Jun 23 0 comments The leveraged buyout, exploitation and punishment beating of Greece as warning to others. 11:45 May 11 0 comments Red Banner issue 60 out now 13:18 Jun 22 0 comments Red Banner issue 59 out now 17:46 Mar 28 0 comments more >>Blog Feeds
Anti-EmpireThe Wholesome Photo of the Month Thu May 09, 2024 11:01 | Anti-Empire In 3 War Years Russia Will Have Spent $3... Thu May 09, 2024 02:17 | Anti-Empire UK Sending Missiles to Be Fired Into Rus... Tue May 07, 2024 14:17 | Marko Marjanović US Gives Weapons to Taiwan for Free, The... Fri May 03, 2024 03:55 | Anti-Empire Russia Has 17 Percent More Defense Jobs ... Tue Apr 30, 2024 11:56 | Marko Marjanović
The SakerA bird's eye view of the vineyard
Alternative Copy of thesaker.is site is available Thu May 25, 2023 14:38 | Ice-Saker-V6bKu3nz
The Saker blog is now frozen Tue Feb 28, 2023 23:55 | The Saker
What do you make of the Russia and China Partnership? Tue Feb 28, 2023 16:26 | The Saker
Moveable Feast Cafe 2023/02/27 ? Open Thread Mon Feb 27, 2023 19:00 | cafe-uploader
The stage is set for Hybrid World War III Mon Feb 27, 2023 15:50 | The Saker
Lockdown Skeptics
Green MP Proposes Sweeping Reforms to House of Commons in Maiden Speech Sat Jul 27, 2024 19:00 | Sean Walsh
Heat Pump Refuseniks Risk £2,000 Surge in Gas Bills Sat Jul 27, 2024 17:00 | Richard Eldred
Debt-Funded GB Energy to Bet on the Costliest Electricity Generation Technologies Sat Jul 27, 2024 15:00 | David Turver
Christians Slam Paris Opening Ceremony for Woke Parody of ?Last Supper? Sat Jul 27, 2024 13:00 | Richard Eldred
Victorian Laws Against Priests Meddling in Politics Are Now Needed More Than Ever ? To Prevent Imams... Sat Jul 27, 2024 11:46 | Steven Tucker
Voltaire NetworkVoltaire, international editionNetanyahu soon to appear before the US Congress? It will be decisive for the suc... Thu Jul 04, 2024 04:44 | en Voltaire, International Newsletter N°93 Fri Jun 28, 2024 14:49 | en Will Israel succeed in attacking Lebanon and pushing the United States to nuke I... Fri Jun 28, 2024 14:40 | en Will Netanyahu launch tactical nuclear bombs (sic) against Hezbollah, with US su... Thu Jun 27, 2024 12:09 | en Will Israel provoke a cataclysm?, by Thierry Meyssan Tue Jun 25, 2024 06:59 | en |
42% of Europe’s banking crisis paid by Ireland
national |
anti-capitalism |
other press
Wednesday January 16, 2013 23:00 by fred
An article in the examiner states that 42% of Europe’s banking crisis is being paid by Ireland. Thats from a tiny population of 4 million. This is a completely ridiculous state of affairs. The Examiner penned an article putting a little pressure on the Taoiseach and his FG minions today. It claims that in real terms Ireland has shouldered 42% of the European banking crisis. Those waiting in line at soup kitchens, those surviving in negative equity and other victims of what are euphemistically referred to as "austerity measures" here and those whose businesses have collapsed as the local economy has been hollowed out through lack of bank lending and consumer spending by a cash strapped frightened public, will not be very surprised at this analysis. |
View Comments Titles Only
save preference
Comments (1 of 1)
Jump To Comment: 1I find that €40 billion figure as the only amount paid out by Germany too hard to believe. I am reasonably sure they have paid out more.
As far as I remember the German's had to bailout one of their own banks Depfa which just before the boom changed its headquarters to the IFSC in Dublin from Germany but due to some legal issue, we avoided having to bail that out too and it cost the Germans over €100 billion, but there were other banks in Germany that went under and were bailed out.
Anyhow in a separate issue there is an interesting site called BondWatch that is tracking what has been paid so far in bonds.