So Ireland is going to be giving shedloads more money, not as a gift but a "loan", whilst it is up to its neck in collossal debt. How are they going to pay it all back?
Maybe the European Commission and the Irish government could tell us all how much is exactly owed? The BBC is talking of a "very substantial loan" and "tens of billions" of euros. We hear of "pumping" money in. Where will it all come from?
Simple questions!
1. How much does Ireland owe?
2. How much will Ireland be given?
3. Where will the "loan" come from?
No need for committees. No need for summits. Just simple one line answers.
Showing posts with label EU Commission. Show all posts
Showing posts with label EU Commission. Show all posts
Thursday, November 18, 2010
Thursday, July 30, 2009
Brussels sprouts up to threaten to close banks down!
So the British government isn't really in charge. I knew that and most voters knew it last month. The eurocrats are in charge. Gordon Brown is the pudding stirrer but it is these wonders from the Wallonian wilderness who get to choose the ingredients. Sometimes it's all nice stuff, very tasty and tempting but likely to lead to overbloating. Sometimes, it's just a stick with no carrots!
They've allowed us to rescue the banks. Well, a lifeline more. If it isn't sorted in five years the lifeline gets cut. Philip Lowe, director general of the Commission's competition department, said that his officials were now looking at the long-term viability of Royal Bank of Scotland and Lloyds Banking Group and their ability to be weaned off state aid within five years. If they are unable to survive on their own, they will be closed down, as with other industrial sectors such as shipbuilding. "We will do that with the banking sector. We would impose a winding down if the viability of the bank isn't assured," said Mr Lowe.
So there you have it. De facto and de *****! Perhaps if Mr.Lowe is so keen to wind them down if they don't perform, he could start with the bonuses, which are still being squeezed out of the coffers like a wet blanket in the hands of a blancheseuse.
They've allowed us to rescue the banks. Well, a lifeline more. If it isn't sorted in five years the lifeline gets cut. Philip Lowe, director general of the Commission's competition department, said that his officials were now looking at the long-term viability of Royal Bank of Scotland and Lloyds Banking Group and their ability to be weaned off state aid within five years. If they are unable to survive on their own, they will be closed down, as with other industrial sectors such as shipbuilding. "We will do that with the banking sector. We would impose a winding down if the viability of the bank isn't assured," said Mr Lowe.
So there you have it. De facto and de *****! Perhaps if Mr.Lowe is so keen to wind them down if they don't perform, he could start with the bonuses, which are still being squeezed out of the coffers like a wet blanket in the hands of a blancheseuse.
Friday, July 17, 2009
Stop Blair!
This has just been linked to me. The Stop Blair! petition. Anybody can sign and 1500 have so far.
Petition against the nomination of Tony Blair as "President of the European Union"
Petition against the nomination of Tony Blair as "President of the European Union"
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