Hurray for Europe! New Bank Holiday proposed

Sabre0001

Want another day off? While not knee deep in Brexit talks, the EU has discussed the idea of an extra public holiday in May. Europe Day will fall on May 9th, which isn't ideal if you were hoping that the new bank holiday would break up the year a bit more, but I'm always happy to have another 4 day week.

The rationale is "not for the sake of holidays but so that we can show our unity and fight for our values." And this time, I'm OK with political spin

https://www.euractiv.com/section/future-eu/news/europe-day-initiative-calls-for-9-may-to-become-public-holiday/
https://www.joe.ie/news/europe-day-bank-holiday-656693

jimgoose

BrokenArrows

Maybe its in celebration of Theresa May no longer being in the union?

Liam McPoyle

Ohh, look at this Britain, don't leave and you get a shiny new bank holiday for everyone.

ancapailldorcha

Business Cat wrote: »

Ohh, look at this Britain, don't leave and you get a shiny new bank holiday for everyone.

Ah come on. No need to rub it in.

DEFTLEFTHAND

They're really pushing hard on this Union thing these days. Feels almost like soviet era propaganda.

The worst case scenario is Britain prospering post brexit. Could spark a chain reaction and they know it.

Red_Wake

Hot damn that's good european workers' rights.

Fr Tod Umptious

Business Cat wrote: »

Ohh, look at this Britain, don't leave and you get a shiny new bank holiday for everyone.

Which is bad for the Irish hospitality industry because if the UK had another bank holiday it would be another weekend that UK residents could use to visit Ireland.

ArchXStanton

DEFTLEFTHAND wrote: »

They're really pushing hard on this Union thing these days. Feels almost like soviet era propaganda.

The worst case scenario is Britain prospering post brexit. Could spark a chain reaction and they know it.

Trying to buy off the euro sceptics, they remind me of those little green fellas doing construction in the Fraggles, little empire builders while everyone was going around doing their normal thing, blissfully unaware..

BBDBB

will the pubs be open or closed on this new Bank Holiday?

Dyr

To Celebrate Europe becoming a Brit free zone?

super_furry

If there's one thing Brexit has done, it's made me feel more European. A day to recognise and celebrate the Union would be class.

orourkeda1977

BBDBB wrote: »

will the pubs be open or closed on this new Bank Holiday?

They dont need a bank holiday to close down.

Theyre doing a good enough job of that on their own

recyclebin

Ireland has one of the lowest annual leave and public holiday entitlements in EU at 20+9. Another public holiday would be great news.

recyclebin

UK already has lowest at 20+8.

Timberrrrrrrr

recyclebin wrote: »

UK already has lowest at 20+8.

I honestly dont know anyone here in the uk on 20 days annual leave.

LordBasil

They should make January 21st a Bank Holiday in Ireland as it is the Anniversary of the First Dail meeting. They can call it 'Irish Independence Day' or something. Plus it would break up gloomy January and cheer us up that week every year.

Crock Rock

DEFTLEFTHAND wrote: »

They're really pushing hard on this Union thing these days. Feels almost like soviet era propaganda.

The worst case scenario is Britain prospering post brexit. Could spark a chain reaction and they know it.

Which will never happen. United in Diversity. Together we stand. I love the EU.

Wheety

Should have it on March 29th.

Balanadan

Timberrrrrrrr wrote: »

I honestly dont know anyone here in the uk on 20 days annual leave.

I know loads of people in the UK on 20 days annual leave.

SEPT 23 1989

LordBasil wrote: »

They should make January 21st a Bank Holiday in Ireland as it is the Anniversary of the First Dail meeting. They can call it 'Irish Independence Day' or something. Plus it would break up gloomy January and cheer us up that week every year.

they are not the thoughts a good european should have

Hotblack Desiato

Fr Tod Umptious wrote: »

Which is bad for the Irish hospitality industry because if the UK had another bank holiday it would be another weekend that UK residents could use to visit Ireland.

How do you figure that out? Pubs and hotels here do their best trade on public holiday weekends. 1 more public holiday = 1 more opportunity for Irish people to take a short break in Ireland.

Plus, nothing to stop the UK (or Ireland) adding more public holidays any time it wants, every EU country except the UK already has more than us.

Don't really care when it is as long as it's on a Monday every year. They should move Paddy's Day to the nearest Monday and fix the date of Easter while they're at it (RCC has no theological objection to fixing the date of Easter, before anyone asks)

lawred2

Sounds good to me

lawred2

SEPT 23 1989 wrote: »

they are not the thoughts a good european should have

Never heard of Bastille day at all?

Hotblack Desiato

sarcasm or stupidity - you decide

Franz Von Peppercorn

Business Cat wrote: »

Ohh, look at this Britain, don't leave and you get a shiny new bank holiday for everyone.

They already have two May holidays. Three would be crazy. Then nothing until the end of August.

What Ireland really needs is a July bank holiday.

Your Face

Old enough article on where we stand in Europe.

https://www.thejournal.ie/bank-holidays-ireland-europe-3363195-Apr2017/

suicide_circus

EU =/= Europe

branie2

Great news

VeVeX

Crock Rock wrote: »

Which will never happen. United in Diversity. Together we stand. I love the EU.

You need a day in a mental health professionals chair not a bank holiday.

conorhal

God we're easily bought. Talk about bread and circuses.

The Euro! No more exchange rate confusion guys! (and a one size fits all ECB boot on your throat with a German foot in it)

This new bank holiday proposal will no doubt gain Europe many plaudits, while nobody's talking about this:
https://www.thejournal.ie/readme/opinion-sound-the-alarm-a-proposed-eu-directive-on-bad-loans-will-give-the-vulture-funds-a-free-rein-4451105-Jan2019/

"It is time to sound the alarm on a proposed European Commission Directive, which aims to develop a secondary market for non-performing loans, and poses a serious threat to the rights of borrowers and consumers.

This proposed EU Directive is designed to promote the use of vulture funds and mortgage securitisation vehicles. (Mortgage-backed securities are created when individual mortgages are sliced up and bundled together into packages that can be traded on by investors, the idea is that betting on the return of the bundled, securitised vehicle is less risky than betting on a single mortgage.)

The directive aims to move this bad debt off the banks’ balance sheets and into the opaque and unregulated shadow banking sector. It will also restrict the right of EU Member States to impose their own regulations on vulture funds*."

Now why does this plan feel familiar?

Could it be that, as the author points out this EU proposal is nothing less than a second bailout for the banks. Worse, the EU wants to crank up casino banking with exactly the same bundled mortgage debt securities that collapsed western economies in 2008.
All that's required for these securities to go tits up again creating another major financial crisis would be a housing bubble with people getting loans for properties they can barely afford (which definitely isn't happening again folks!).
* But this time the vultures will be assured that when things tank, there will be no pesky legal obstacle to keep them picking the flesh from your bones.

The EU clearly don't give a fig about the consequences for anybody but bankers and big business, who will be working so hard to ruin you that they'll need an extra day off from doing so.

So enjoy your day off folks, it will probably be an expensive one.