BBC: Irish gov confirm "ongoing contacts" in light of current market conditions

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davidcochrane
A thread yesterday (http://www.politics.ie/current-affairs/142594-bbc-now-reporting-ireland-preliminary-talks-eu-bailout.html) followed reports by the BBC's Joe Lynam yesterday that reported that Ireland was in preliminary discussions with eurozone officials over availing of a bailout.

The Department of Finance denied this was the case yesterday, and the Sunday Independent even led with a story that the Taoiseach (Prime Minister) was furious with the BBC (http://www.politics.ie/economy/142617-cowen-fury-bbc-over-when-not-whether-bailout-claim-sunday-independent.html). The Irish Times' Dan O'Brien said earlier on RTE News that the probability of seeking help was very high (http://www.politics.ie/economy/142652-probability-seeking-outside-help-very-high-irish-times-dan-obrien.html), O'Brien said that panic was spreading to other eurozone countries, and whilst Ireland didn't need to tap the markets for cash until the middle of next year, it may need to avail of a european bailout to calm the markets across the eurozone.

But back to Lynam: He's just reported that the Irish Government have confirmed that discussions are ongoing in light of market conditions.

#Ireland Govt change of tone:"On going contacts continue at official level w international colleagues in light of current market conditions"
 


MattM

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Top Story on Bloomberg

The denial by the FF establishment is yet an other betrayal of the Irish citizens,

Liars Liars Liars.

How can we let them represent us anymore. :(

Ireland said it’s in talks with European officials about “market conditions” as Germany pushes it to accept a bailout before a meeting Nov. 16 of finance ministers that aims to reverse a bond sell-off across the euro- region’s periphery.

“Ongoing contacts continue at official level with international colleagues in light of current market conditions,” a Finance Ministry spokesman said in an email tonight. “Ireland has made no application for external support” and the government is “fully funded till well into 2011,” the spokesman said.
 

MPB

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A thread yesterday (http://www.politics.ie/current-affairs/142594-bbc-now-reporting-ireland-preliminary-talks-eu-bailout.html) followed reports by the BBC's Joe Lynam yesterday that reported that Ireland was in preliminary discussions with eurozone official over availing of a bailout.

The Department of Finance denied this was the case yesterday, and the Sunday Independent even led with a story that the Taoiseach (Prime Minister) was furious with the BBC (http://www.politics.ie/economy/142617-cowen-fury-bbc-over-when-not-whether-bailout-claim-sunday-independent.html). The Irish Times' Dan O'Brien said earlier on RTE News that the probability of seeking help was very high (http://www.politics.ie/economy/142652-probability-seeking-outside-help-very-high-irish-times-dan-obrien.html), O'Brien said that panic was spreading to other eurozone countries, and whilst Ireland didn't need to tap the markets for cash until the middle of next year, it may need to avail of a european bailout to calm the markets across the eurozone.

But back to Lynam: He's just reported that the Irish Government have confirmed that discussions are ongoing in light of market conditions.

-
Dave, where does this leave Dermot Ahearn?

On tonights TWIP (pre recorded), he states that there are no talks between Ireland and the EU re financial aid.
 

sport02

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Didn't Dermot Ahern deny it today, not sure but isn't he going to be on the politics show tonight on RTE 1.
What a disgrace, and Batt O'Keefe denied this morning on Radio One.
FF take us for fools.
 

asset test

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Didn't Dermot Ahern deny it today, not sure but isn't he going to be on the politics show tonight on RTE 1.
What a disgrace, and Batt O'Keefe denied this morning on Radio One.
FF take us for fools.
They always did. Why are you so surprised really ;)
 

dalywise

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Do these people not realise that markets like other people do not like being lied to. Every hour that passes, this incompetent collection of morons do more and more damage to this place. When is it going to stop!!! When are they going to stop the lies???
 

darkhorse

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If true, the the FF/PD Government have zero credibility having denied it many times since the news was first announced. Why should we have to consult British/BBC news to find out what is going on in Ireland.
 

sport02

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There is a thread on this forum, entitled "how will FF spin this bailout"
Well the BBC'S economics correspondents tweet has just given us the answer.
"CURRENT MARKET CONDITIONS" in other words, outside events, not FF'S fault, that is what FF will be telling us.
 

GDPR

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Grasping at straws gentlemen & Ladies, there is nothing new in that email.
 

Oscar Mike

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This is what it must have been like to live in Soviet Russia. Getting lied to, no straight answers, carefully crafted statements that can be interpreted many different ways. The people need to rise up and take these bastards down.
 

Iarmhi Gael

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There is a thread on this forum, entitled "how will FF spin this bailout"
Well the BBC'S economics correspondents tweet has just given us the answer.
"CURRENT MARKET CONDITIONS" in other words, outside events, not FF'S fault, that is what FF will be telling us.
Indeed - But maybe jumped the Gun. Fianna Fail need time to spin this.

A late night parliamentary party meeting and calls to Enda kenny & Gilmore to update them of the market situation and foreign investors preying on Ireland. Its no one's fault but the markets.

Our 4 year plan would have worked
 

MattM

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Grasping at straws gentlemen & Ladies, there is nothing new in that email.
You said it. Nothing new. Just yet more confirmation of treason by the FF establishment.

The last stand.

I fear the coming week may be one of the most dramatic in our History.
 

asset test

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I am not one bit surprised by all this.

I just hope they get to deliver their budget and no one else has to do it for them on the 7th.
 

anfieldabff

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FF on the way out

I am not one bit surprised by all this.

I just hope they get to deliver their budget and no one else has to do it for them on the 7th.
Spin, spin and more spin, "they made us do it" will be the new mantra.
FF will announce an election in the next week and leave the new goverment to make all "the hard decissions"
They are the lowest form of scum, treasonists and traitors.
 

Cruffan

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We know that our current FF led Government are inveterate liars
but they are fools if they are not looking for at least €80 billion
at around 2% to pay for the Bank bailout.
 


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