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Thread: Why is the Troika not putting more pressure on Ireland?

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    Default Why is the Troika not putting more pressure on Ireland?

    Coalition to avoid cuts in public pay - National News - Independent.ie
    "Everybody is happy, Croke Park is working well and we are achieving the reforms and the savings required. So certainly our mantra, when we meet the Troika, is the Croke Park deal is working," one senior government source said yesterday.

    "It is not a case of industrial peace at all costs, but certainly we are keen not to cut pay if we can avoid it," the source added.
    Why is the Troika not putting as much pressure on Ireland as it is on Greece and Portugal? If it did insist on further cuts to salaries, the Government would have a get-out clause with regard to explaining the situation to the unions by saying, "Sorry folks, but we have to cut the cost of the payroll much further". Surely, in that case even many die-hard trade unionists would accepet that industrial action would achieve nothing.

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    perhaps it just needs a bit of souping up?? you know those Reliant Robins
    Last edited by motorheed; 2nd October 2011 at 04:31 PM.

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    Yes...cut more consumer spending from the economy...that will work, cos you see when people have less money to spend it means businesses have less customers and thus less money and have to lay off or not hire staff which means less income and VAT taxes and that will help with our economic growth.

    The real genius, is in how ballsy it is, you see.

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    If you have to get a loan from the Troika, you have to cut excessive salaries. It's happening in Greece. What makes it different for Ireland?

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    The entry of the troika is the best thing that has happened to us. We are forced to start living within our means and not before time. A variety of this system should continue indefinitely within the EU.

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    Oh you misunderstand me.
    I'm questioning the sanity of dealing with the troika to begin with.
    Given that it has been a disaster for our economy so far, that would seem to be self-evident

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    Quote Originally Posted by escoline View Post
    The entry of the troika is the best thing that has happened to us. We are forced to start living within our means and not before time. A variety of this system should continue indefinitely within the EU.
    Best thing that could have happened to us?
    Have you perhaps noticed that its...not working?

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    Quote Originally Posted by davidcameron View Post
    If you have to get a loan from the Troika, you have to cut excessive salaries. It's happening in Greece. What makes it different for Ireland?
    Greece and Ireland cannot be compared.
    Greece has not got a proper tax collection system or any controls over expenditure.The tax system exists to equalise salaries and introduce fairness.

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    Quote Originally Posted by TropicalCandy View Post
    Best thing that could have happened to us?
    Have you perhaps noticed that its...not working?
    It is and will.

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    Quote Originally Posted by TropicalCandy View Post
    Best thing that could have happened to us?
    Have you perhaps noticed that its...not working?
    I know you are dying to, so why don't you go ahead and share your inspired alternative with us
    There is no Keyser Soze

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