Ireland agrees to lend Greece €450 million

Dionysus

Aren't we a great people just the same? :rolleyes:


You couldn't invent this stuff: we they are lending Greece €450 if it needs it while we they are up to our necks in debt.


http://www.rte.ie/news/2010/0411/greece.html

http://www.irishtimes.com/newspaper/breaking/2010/0411/breaking35.html

Hank_Jones

I suppose they are trying to make it look like we are in a better position than we really are.

Why spend money on badly needed schools when you can give it away to Greece?

Millicent

Dionysus wrote: »

Aren't we a great people just the same? :rolleyes:


You couldn't invent this stuff: we they are lending Greece €450 if it needs it while we they are up to our necks in debt.


http://www.rte.ie/news/2010/0411/greece.html

http://www.irishtimes.com/newspaper/breaking/2010/0411/breaking35.html

Will we be giving it to them in 50's or will we they just give us the change from a €500 note? :P

In fairness though, it is ridiculous. Isn't Greece about the only country worse off than Ireland in the EU at the moment? IIRC, we were neck and neck there for a while. How the f.u.ck can loaning that sort of money be justified by any means?

bonerm

We do €500m exports with them yearly so it's all relative.

Millicent

Just reading through the articles, they're not actually lending it just yet. They've just told Greece they will if asked to.

ETA: You already said that but I read it wrong. Sorry. Leaving the post though for emphasis.

galwayrush

Apparently it's more important to impress the powers that be in the EU than look after our own people.:rolleyes:

Ruu_Old

Lets all have a whip round for Greece!!

bonerm

Ruu wrote: »

Lets all have a whip round for Greece!!

That could get messy.

Mark200

The collapse of the Greek economy, a Eurozone member, would cost us far more than €450million

dotsman

This is actually a very good thing for us.

Firstly, by stabilising Greece, the EU is hoping to prevent the problems in Greece from spreading (the last thing this country could handle at the moment).
Secondly, in the event that this country does collapse (fortunately looking unlikely as our prospects improve), there would be an existing basis for which we could receive assistance from the EU.

KerranJast

The EU is loaning us all those billions for NAMA. A paltry 450mil for Greece in return is nothing.

digme

dotsman wrote: »

This is actually a very good thing for us.

Firstly, by stabilising Greece, the EU is hoping to prevent the problems in Greece from spreading (the last thing this country could handle at the moment).
Secondly, in the event that this country does collapse (fortunately looking unlikely as our prospects improve), there would be an existing basis for which we could receive assistance from the EU.

you really have no idea wtf your saying do you?

peasant

Ireland isn't lending anything to anyone ...we're broke, just as broke as Greece in case you hadn't noticed.

What Ireland is doing is to re-divert money that it was given by the EU in the first place back into the new EU pot for Greece.

Also, I don't think that Ireland has any say in this matter whatsoever ..this was decided over our heads

mikom

Dionysus wrote: »

Ireland agrees to lend Greece €450 million

It's the least we could do in return for them giving us gayness....... Father.

bonerm

mikom wrote: »

It's the least we could do in return for them giving us gayness....... Father.

I'm sure the cavemen were probably bumming each other too. Cold winters and all that.

DonJose

Great stuff!!! Irish companies are going out of business everyday because they can't obtain credit from the banks, yet our piece of sh!t government offers €450m at the flip of a hat!!!

peasant

Anyhow ...what do you get for 450 million these days ...feck all really.

Anything we have been investing in bailing out lately has cost billions and will continue doing so.

450 million for some lovely Greek island sounds like a steal to me.

It's April 11

dotsman

digme wrote: »

you really have no idea wtf your saying do you?

Oh go on, for the laugh, please enlighten us...

changes

Crap like this makes me wonder are we really broke, we can find billions for banks and half a billion for greece but we cut social welfare and public sector wages.

That 450 million is a third of the savings gained from PS paycuts.

bonerm

peasant wrote: »

Anyhow ...what do you get for 450 million these days ...

The worlds biggest toilet

peasant

changes wrote: »

we can find billions for banks and half a billion for greece

We didn't "find" half a billion under the couch and are going to give it to Greece ...we are going to get half a billion less from the EU ourselves.

And because the EU are nice people they are going to put a little bowtie with our name on it on that half billion so that we don't look entirely stupid (and broke) when all the ministers gather to hand over cheque in front of the press:D

Bit like the poor kid on the kiddies birthday party where the mommy of the birthday child gives them a wrapped present to hand over because they poor kid could just about afford the busfare to get there in the first place ...but no present.

PCPhoto

its official ...... Anglo, NAMA ....its all a joke, the country still has money !

How else could we do this ???

http://www.rte.ie/news/2010/0411/greece.html

I know the government didnt have a "budget" during the boom times - but someone needs to tell them they cant keep "using" public funds.

Atlantic Dawn

I am afraid the money we are lending to them is money we will have to first get a lend of from some other sucker

spudmonkey17

http://www.boards.ie/vbulletin/showthread.php?t=2055880930

Guy:Incognito

If everyone is pitchign in on this fund to help Greece, do you think we can just say "sorry lads, we're broke" and they'll be happy with that and make up he difference themselves?

galwayrush

We're giving the money twice? :eek:

Hank_Jones

I think I'm getting deja vu.

biko

Merged with other thread on same topic

Nodin

bonerm wrote: »

I'm sure the cavemen were probably bumming each other too. Cold winters and all that.

They were just proto-spooning. Bumming didn't arrive till much later.

Kasabian

peasant wrote: »

Ireland isn't lending anything to anyone ...we're broke, just as broke as Greece in case you hadn't noticed.

What Ireland is doing is to re-divert money that it was given by the EU in the first place back into the new EU pot for Greece.

Also, I don't think that Ireland has any say in this matter whatsoever ..this was decided over our heads

This post should be posted intermittenly until people read it and see that we are not giving anyone money:rolleyes:

darragh666

Ah sure why not. After Greece is bailed out then Europe can bail us out.

GLaDOS

lonad wrote: »

This post should be posted intermittenly until people read it and see that we are not giving anyone money:rolleyes:

This is after hours, reading past the thread title is optional apparently

Nodin

lonad wrote: »

This post should be posted intermittenly until people read it and see that we are not giving anyone money:rolleyes:

Won't work. Besides, if you mention EU, that just attracts trouble.

We've been handed so much from the EU. I personally don't give a fuk if we lend some back.

tman

mikom wrote: »

It's the least we could do in return for them giving us gayness....... Father.

I actually opened this thread just to see how long it would last before someone came out with the old "sure, they invented gayness" thing...
14 posts. Well done!

peasant

darragh666 wrote: »

Ah sure why not. After Greece is bailed out then Europe can bail us out.

Where have you been for the last two years ...they already are bailing us out.

Where do you think the NAMA money came from? The only difference between Paddy and Papadopolus is that we were a bit quicker at holding the cap out.

bfocusd

Millicent wrote: »

Will we be giving it to them in 50's or will we they just give us the change from a €500 note? :P

In fairness though, it is ridiculous. Isn't Greece about the only country worse off than Ireland in the EU at the moment? IIRC, we were neck and neck there for a while. How the f.u.ck can loaning that sort of money be justified by any means?

i wonder if they put an insane rate of interest on it!! hahaha

THEN its not a complete c*ck up like everything else they have decided on..
doubt they were intelligent enough though to think of interest though!

Sofaspud

So a few days ago they were chanting "We will stand up and do something, we are not Ireland", our response, "here, have some money that we didn't stand up for!"

Makes perfect sense.

K-9

Better not bite the hand that feeds us.

profitius

Deleted User wrote: »

We've been handed so much from the EU. I personally don't give a fuk if we lend some back.

We've been giving back billions over the years. Giving away our fishing rights for starters. Then theres all the brand new Mercs, BMW's, Audis, Opels, VW's that people are driving around. Theres Tesco, Lidl, Aldi etc etc taking billions of profits out of the Irish economy back to Britian and Germany.

So for all the propaganda of free EU aid and road signs saying the new road was funded by the EU theres nothing said of what Ireland contributes to the EU and as well as that we're also governed by the EU now. They introduce new rules every year in a sneaky way to form a superstate.

starbelgrade

In my opinion, if a musical can't make enough money to stay in business, I can't see ant reason for us to bankroll it.

epgc3fyqirnbsx

profitius wrote: »

We've been giving back billions over the years. Giving away our fishing rights for starters. Then theres all the brand new Mercs, BMW's, Audis, Opels, VW's that people are driving around. Theres Tesco, Lidl, Aldi etc etc taking billions of profits out of the Irish economy back to Britian and Germany.

So for all the propaganda of free EU aid and road signs saying the new road was funded by the EU theres nothing said of what Ireland contributes to the EU and as well as that we're also governed by the EU now. They introduce new rules every year in a sneaky way to form a superstate.

Let's have a bit of perspective though, on the first point we also gained fishing rights. Fishing, while being a big industry here, wasn't the biggest in the scheme of things, had it been then we may not have joined, like Norway (though oil had a lot to do with that too)

Lets remember our peripheral status here, we already have high transprt costs, if we weren't in the EU then we woukdn't benefit from the free market either which would effectively mean we'd exprt shag all.

Had we not joined the EU we would not have afforded an upgrade of our infrastructure or free education. It was free education and an educated workforce that attracted the IT and pharmuctical industry to this country thereby taking us out of our permanent recession and giving us a decent standard of living. What has been squandered since then has been a result of bad policy from our own governments.
And we are shagged with recession but it would be a hell of worse had we never joined.

We knew from day one that we would have to pay back someday and we have benefited from our membership and so have to do what is right. Don't pay back? Then get a stern eff off from the rest of the world if we aren't prepared to be reasonable and no exports again.
And we all benefit from a wide established market. The richer the community, the higher the chance of them buying our products. It's ABC stuff

K-9

Rhys Substantial Wasp wrote: »

Let's have a bit of perspective though, on the first point we also gained fishing rights. Fishing, while being a big industry here, wasn't the biggest in the scheme of things, had it been then we may not have joined, like Norway (though oil had a lot to do with that too)

Lets remember our peripheral status here, we already have high transprt costs, if we weren't in the EU then we woukdn't benefit from the free market either which would effectively mean we'd exprt shag all.

Had we not joined the EU we would not have afforded an upgrade of our infrastructure or free education. It was free education and an educated workforce that attracted the IT and pharmuctical industry to this country thereby taking us out of our permanent recession and giving us a decent standard of living. What has been squandered since then has been a result of bad policy from our own governments.
And we are shagged with recession but it would be a hell of worse had we never joined.

We knew from day one that we would have to pay back someday and we have benefited from our membership and so have to do what is right. Don't pay back? Then get a stern eff off from the rest of the world if we aren't prepared to be reasonable and no exports again.
And we all benefit from a wide established market. The richer the community, the higher the chance of them buying our products. It's ABC stuff

Indeed.

Look, by not joining the EEC we had an opportunity cost. Fishing rights would be in that, though even that is debatable.

By joining the EEC we also had an opportunity cost. Farming Subsidies etc. would have been foregone, the single market, cohesion funds etc.

Fuhrer

Hank_Jones wrote: »

when you can give it away to Greece?

The concept of lending is new to you, isnt it?

Amhran Nua

Millicent wrote: »

In fairness though, it is ridiculous. Isn't Greece about the only country worse off than Ireland in the EU at the moment?

No, the UK is considerably worse off within the EU. The difference is they aren't in the Eurozone, don't use euros, and so nobody cares if the pound collapses.

Rhys Substantial Wasp wrote: »

Had we not joined the EU we would not have afforded an upgrade of our infrastructure or free education. It was free education and an educated workforce that attracted the IT and pharmuctical industry to this country thereby taking us out of our permanent recession and giving us a decent standard of living.

What? It was the low corporate tax rate that attracted the jobs, something that the EU is determined to get rid of. Everything else flowed from that. Theres a lot of nonsense going around about the EU's contributions to our economy, most important of which was the fact that we were in the common market, which benefitted everyone else as much as it did us, so that was doing no particular favours. Its not nearly as one sided as you might think.

Rhys Substantial Wasp wrote: »

We knew from day one that we would have to pay back someday and we have benefited from our membership and so have to do what is right.

Sorry, if its not a contractual or legal obligation, we owe nothing. Anyone that says otherwise isn't focused on Ireland's best interests, and is usually trying to get something for nothing under the guise of some sort of "moral" obligation.

L.Jenkins

I read this and I can only do one thing:

http://raoworld.files.wordpress.com/2009/01/double-facepalm.jpg

pickarooney

djhunter30 wrote: »

I read this and I can only do one thing:

http://raoworld.files.wordpress.com/2009/01/double-facepalm.jpg

Why did you feel compelled to share that with us? Do you think we've not seen that before?

hooradiation

ITT: nearly everyone can't fucking read.

Well done lads, you've reached a new low, even for here.

Sykk

Yes because if we don't help out Greece, I'm sure other countries will help us out when we're Debt ridden..

Yes: We're not doing that bad compared to alot of countries
Yes: If Greece don't get out of debt it will be horrific for countries dealing with them economically
Yes: Ireland were given silly ammounts by the EU and participating countries over the years

I don't see a problem with this one.

bonerm

If we don't help Greece, the rest of the dominoes will fall like a house of cards. Czechmate.