Tag Archives: deal

This morning.

Lord Ashcroft published the results of a poll he carried out on nationalist and unionist voters in Northern Ireland in respect of Brexit.

He explained…

Lord Ashcroft: My Northern Ireland polling. Six out of ten voters there accept the backstop. But only one in five Unionists do so

 

The Government is obliged to cut the deficit by €3.1 billion in 2014 and €2 billion in 2015, a total of €5.1 billion. Following the arrangement with the ECB to replace the promissory notes with long-term bonds, the Government believes it has scope to reduce the €5.1 billion by €1 billion in the two years.

Minister for Social Protection Joan Burton made a play in a Dáil debate last week to start using the proceeds from the deal this year, saying there was “a limit beyond which additional austerity becomes counterproductive”. Such remarks were very poorly received in troika circles.

“This doesn’t go down at all well,” said a European source in Brussels familiar with the rescue programme. “It doesn’t send the right signal to the other member states.”

Although Minister for Transport Leo Varadkar took an opposing view to Ms Burton in the Dáil debate, Tánaiste Eamon Gilmore said on Friday the deal will bring “a tangible benefit for people” in the next budget.

Keeping schtum. It was all you had to do. But nooooo….

Troika opposes easing next budget with Anglo deal (Arthur Beesley, Irish Times)

(Sasko Lazarov/Photocall Ireland)