News & Analysis

Bailout ‘exit’: a return to sovereignty or Troika rule by another name?

With the government preparing to milk the 15 December 'exit' from the bailout, hyperbole is being heaped upon hyperbole to welcome the 'return of sovereignty' to Ireland. The government, and in particular the Labour Party, want to use this supposed success story and the good mood it creates to carry them through the difficult local and European elections next May. What is the reality of this 'exit' and the true state of democratic control by people in Ireland over economic and other policies?

The PDF of this paper can be downloaded and printed here.

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Southern Irish economy – analysis & perspectives

Caution is necessary when investigating figures for the economic situation in Ireland. There are economic vested interests at work that benefit from spinning every scrap of positive news. The media fully assist this and try to manufacture a mood or belief that substantial progress is just around the corner. So as well as trying to identify perspectives, it is necessary to take up the arguments and the propaganda that is being put forward constantly.

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Youth Guarantee – a guaranteed failure

At the same time as cutting €35 million directly from young people in Budget 2014, the government proudly announced €14 million for its Youth Guarantee scheme. The spin suggesting that this would seriously tackle youth unemployment only added insult to the injury of the robbery of young people through the dole cuts and introduction of fees for FAS apprentices.

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Mortgage write-downs, not repossessions

Recent Central Bank figures on mortgage arrears reveal an enormous crisis brewing. With all of the focus on the hundreds of austerity measures this government are implementing, the relentless rise in mortgage arrears numbers has, so far, not gotten the attention it deserves.

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