The ‘Anglo: Not Our Debt‘ Campaign has described the proposed deal on deferral of the €3.1 billion ‘promissory note’ payment due on 31st March as likely to create bigger debt problems for people in Ireland in the long run and representing a political blunder by a government that has wasted a chance for an immediate [...]

As Goldman Sachs struggles with the accusations of a disgruntled employee and new evidence comes to light about the secret loan(s) from Goldman Sachs to the Greek government we retrace the events of the Goldman-Greece-Draghi controversy. The June 2011 ECB President nomination hearing at the Committee on Economic and Monetary Affairs of the European Parliament will serve [...]

This year’s centenary of George Orwell’s birth* at Motihari in Bengal, India on 25 June 1903 has seen a marked upturn in interest in both his writing and in the man himself. Penguin have republished pretty much everything he ever wrote-both novels and non-fiction-in a series of glossy volumes, which basically add up to a [...]

On the week of the Equinox, community activists and residents from Dublin 7 and Dublin 12 have organised mock “equinox sacrifices” to “appease the ECB gods”. The campaign is calling for the Anglo “promissory note” payment of €3.1 billion, due on March 31st, to be stopped and urges the government to instead use the money to [...]

The recently signed fiscal compact is another indication of the way in which the European sovereign debt crisis is being framed. The European politics class, social as much as Christian democrats, believe that the dramatic increase in the interest rates of a number of European countries and the deteriorating credit rating of core countries is [...]

This post was co-written with Tom McDonnell, Economic Policy Analyst with TASC.
This originally appeared on Progressie-Economy.ie
Even before the wording has been published and a referendum date named there is one issue that looks set to dominate the debate over the Fiscal Treaty; namely, what future financing options does Ireland have in the eventuality of [...]

YOU ARE INVITED
to
The Dublin Launch
of
Mentioning the War - essays and reviews
(1999 -2011)
by Kevin Higgins
published by Salmon Publishing
The book will be launched by Clare Daly T.D.
@ the Irish Writers’ Centre, 19 Parnell Square, Dublin 1
on Wednesday, June 6th
LAUNCH STARTS: 7pm
ALL WELCOME
CLARE DALY is a Socialist Party & United Left Alliance TD for Dublin North. Formerly [...]

A new film, released in cinemas in Austria on 16 March, puts the spotlight on the power of the lobbying industry in Brussels. Corporate Europe Observatory was approached by the filmmakers at the start of their project and our early work features prominently in the film, which tells the story of how industry lobby groups [...]

Michael Roberts has an essential post on the propects for growth in Europe. Shorter version: there isn’t any - certainly not within the next decade if Europe’s leaders maintain current policies. This is not an unduly pessimistic analysis - it is simply based on practical illustrations of how economies work, how it has been shown [...]

Cruiser

When the boat pulls into Lecarrow Harbour
shadows fall on smaller craft.
The skipper, high on his fly bridge,
bow-thrusts his way to the quay wall.
Firm above him rises the mast
for VHF although he’s never
out of range with his mobile phone.