If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

European Union to order changes if they don't like Budget

shanered · 2013-09-15 10:57:42

http://www.irishtimes.com/business/economy/european-commission-could-demand-changes-to-ireland-s-budget-next-month-1.1527329 Seems like our Government doesn't have any power any more over our situation, its a bit scary that our economic future is at the mercy of Brussels, no amount of complaining outside the Dail will…

Options

Comments

Options
#62 20-09-2013 12:34pm
View

Registered Users Posts: 3,872 ✭✭✭

Join Date: March 2008

Posts: 3852

BlatentCheek wrote: »

Not guaranteeing the banks, or even leaving the Euro if we had to, wouldn't have gotten us kicked out of the EU so our access to the single market wouldn't have changed.

As a member of the EU that has adopted the Euro, there is no legal mechanism under EU law for us to "leave the Euro" other than leaving the EU and doing so then when we no longer have access to the single market.

"BlatentCheek wrote: »

So as a result of German folk-memories of 1920s hyper inflation we were forced to follow economic policies that have crucified Ireland.

No. We have to follow these policies because no one will bankroll our over-spending. We could leave the EU tomorrow and still be faced with similiar - if not worse - policies.

0