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The Bank Deal is Dead


Ulster-Lad

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Joined
Oct 26, 2006
Messages
10,092
It has been confirmed today that the "Bank Deal" allured to in recent times is in fact dead. If Ireland wants a deal it will have to re-apply for a bailout.

Gilmore left for Berlin today.

A spokesman for German Chancellor Angela Merkel's CDU party has told RTE News that new conditions would have to apply if the permanent bailout fund, the ESM, was used to alleviate Ireland's legacy bank debt. Norbert Barthle is the leader of the CDU group in the influential Bundestag budgetary affairs committee, said it would have to be considered as a second EU-IMF programme, which would come with a new set of conditions.
BUSINESS WORLD - New conditions attached to bank bailout

Norbert Barthle, leader of the CDU group in the influential Bundestag budgetary affairs committee, said it would have to be considered as a second EU-IMF programme, which would come with a new set of conditions.Under German law, his committee is required to approve any future support programmes undertaken by the ESM.
New conditions if ESM used to alleviate Irish debt - RT News

Tánaiste Eamon Gilmore is traveling to Berlin today to meet with the German Foreign Minister.

Foreign Affairs Minister Gilmore and Guido Westerwelle will discuss the controversy surrounding Ireland's desire to be declared a "special case" on bank debt.
Tánaiste to meet German Foreign Minister today | BreakingNews.ie
 

Spanner Island

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Joined
Feb 22, 2011
Messages
24,203
What's this?

Another weekend. Another German headache for FG/Lab?

We should probably get used to this instead of expecting any sort of substantial 'deal'.
 

wombat

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Jun 16, 2007
Messages
31,945
Why start a new thread?
 

Ulster-Lad

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Joined
Oct 26, 2006
Messages
10,092
Why start a new thread?
This one states the deal is dead. Ireland will have to re-apply if it wants a deal. That is a seismic shift from where we were. Special Case and all ;)
 

Clanrickard

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Joined
Apr 25, 2008
Messages
33,034
I think their tactic is starting to work. I am becoming physically an psychologically incapable of giving a toss.

Exactly. If they spin out the fat cats will get paid and we will get screwed and hopefully we will forget how the whole thing started.
 

bob3367

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Joined
Jan 11, 2007
Messages
8,083
Eh maybe because thats it, game over. No deal we have been told porkie pies.
There appears to be a little glee in your post, more austerity on the way then, we still have to be 3% deficit by 2016.....enjoy the cuts and tax increases.
 

turdsl

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Joined
Mar 2, 2008
Messages
26,085
It has become very common now, We just cannot believe one word our leaders tell us,

You would think after Merkal gave them a reality check on the facts they would have learned something,
 

beazlebottom

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Joined
Jan 10, 2011
Messages
2,835
This one states the deal is dead. Ireland will have to re-apply if it wants a deal. That is a seismic shift from where we were. Special Case and all ;)
Leave it to the Gamechanger (Gilbore) himself - he'll sort out the Krauts - in fact I reckon they will agree to anything just to get the flute to shut up.
 
B

Boggle

Is it not time to set a deadline for whatever deal we are going to get so that good, bad or indifferent we can plan for the future and stop hoping for magical rescues?

This just seems to be dragging on and on and I'm at the stage where I now just want certainty so that we can stop talking about the banks and go back to concentrating on problems which effect communities (crime, gangs, equality, infrastructure, etc). It's just an annoying distraction from things we could be dealing with at this stage.
 

Volatire

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Joined
Feb 25, 2012
Messages
13,382
What's this?

Another weekend. Another German headache for FG/Lab?
What is this? You really don't know?

Standard Prussian military tactics. Softening up the opposition with repeated psychological blows. In the end the victims sue for peace having achieved almost none of their objectives.

Read Von Clausewitz.
 

tirnacrann

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Joined
Aug 25, 2012
Messages
452
There appears to be a little glee in your post, more austerity on the way then, we still have to be 3% deficit by 2016.....enjoy the cuts and tax increases.
or we do what we should be doing and target what we should have targeted in the first place , deal or no deal ireland faces mountains it or its people cant climb and lying bas............ like baldy noonan know that very well
 

beazlebottom

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Joined
Jan 10, 2011
Messages
2,835
There appears to be a little glee in your post, more austerity on the way then, we still have to be 3% deficit by 2016.....enjoy the cuts and tax increases.
At 3% just in time to celebrate the Glorious Victory!
 
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