Sunday 19 February 2017

Stephen Donnelly: Here's why the €64bn is ours for the asking

Published 07/10/2012 | 05:00

Representatives of the Troika, from right, Ajai Chopra from the IMF, Istvan Szekely of the EU, and Klaus Masuch from the ECB
Representatives of the Troika, from right, Ajai Chopra from the IMF, Istvan Szekely of the EU, and Klaus Masuch from the ECB

Ireland was never bailed out. But it was the ECB's middle man, saving Europe from banking contagion. Guess how we were rewarded, says Stephen Donnelly

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LAST week the president of the European Parliament was invited to speak to the Dail. I took the opportunity to ask him to take one message back to the mainland: Ireland did not get a bailout, and we are not looking for a bailout -- but we do need our €64bn back.

Martin Schulz is hardly a household name. He's a former bookshop owner from Rhine Westphalia in Germany. As well as holding the presidency, he is the leader of the Socialists in the European Parliament. And if the speech he gave on Thursday is anything to go by, he is on our side.

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