The Anglo: Not Our Debt Campaign Supports Today’s Protest Outside ECB Demanding Debt Justice

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Press release from Anglo: Not Our Debt

The Anglo: Not Our Debt campaign has lent its support to a protest taking place today at the European Central Bank (ECB) by Irish groups and individuals demanding debt justice.

Campaign spokesperson Andy Storey said that the protest was especially timely as the German government has just told the Irish government there will be no deal on the Anglo debt after the ‘yes’ vote in the fiscal treaty referendum.  “Once again, the government has been told that being ‘Mister Nice Guy’ gets you nowhere – unless the Irish government stands up for itself and suspends the repayment of the promissory notes arising from the debts of Anglo Irish Bank they will make no progress on this issue”, he said.

Representatives from a number of Irish organisations, including the Ballyhea/Charleville bondholder bailout protest group, travelled to Frankfurt to take their demands directly to Mario Draghi, President of the ECB, during that body’s governing council meeting.  These demands include the immediate destruction of all remaining promissory notes and the refunding of the two promissory notes already paid, which have cost Ireland over €6 billion.

Nessa Ni Chasaide, also of the Anglo: Not Our Debt campaign, said that “civil society has to take its message directly to Europe because it seems the Irish government will not – the time for begging for favours is long passed, this is the time to demand justice, including the writing down of illegitimate debt”.

Read the full statement “nailed” to the door of the ECB here.

Anglo: Not Our Debt campaign is supported by the Debt Justice Action network, which consists of the following organizations: http://www.notourdebt.ie/supporting-organisations

A simple ‘questions and answers’ document on Anglo debt can be found at http://www.notourdebt.ie