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Thread: Mario Draghi deals Michael Noonan a major blow after a tough budget.

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    Politics.ie Member sport02's Avatar
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    Default Mario Draghi deals Michael Noonan a major blow after a tough budget.

    3.5 Billion euro taken out of the economy yesterday and no deal on Promissory Notes says Draghi.

    Michael Noonan October 2012
    Michael Noonan has expressed his hope that a deal restructuring the government’s promissory note for Anglo Irish Bank could be reached in the coming weeks – a move which he says would make it easier to construct the next Budget.
    “It would help me doing the Budgetary arithmetic if something could be arranged, or a statement of intent could be achieved, before the Budget,” he said.
    Noonan hopeful of deal on Anglo promissory note before Budget

    The ECB did not deliver on either of the above for Noonan by budget announcement.

    Today 5th December Draghi.
    Owen Callan ‏@OwenCallan
    *DRAGHI SAYS ARE IN SITUATION BECAUSE OF POOR POLICY MAKING - what, like a rate hike in mid 2008??
    Owen Callan ‏@OwenCallan
    *DRAGHI SAYS ECB CAN'T ENTER AGREEMENT ON MONETARY FINANCING - but says "plenty of goodwill" for Ireland. Can you monetise goodwill???!
    Lorcan Roche Kelly ‏@LorcanRK
    Drgahi says No on prom note deal, but yes on goodwill. Maybe Irish CB should book €30bn of ECB Goodwill on their balance sheet

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    This shower won't get anything out of the trioka.

    Time for Adams and McGuinness to be sent over.

  3. #3

    Default

    Threaten default. That will get them sweating.

    But I forgot, we have the worst form of pond life in charge. If Fine Gael and Labour were undertakers, nobody would die.
    “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” - Friedrich A. Hayek

  4. #4
    MrFunkyBoogaloo
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    Hello Ireland... Default calling.

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    but but the negotiations are ongoing.......

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    Quote Originally Posted by Levellers View Post
    This shower won't get anything out of the trioka.

    Time for Adams and McGuinness to be sent over.
    Great idea. If Draghi doesn't die from laughing they can always threaten to kneecap him!

  7. #7
    Politics.ie Member gerhard dengler's Avatar
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    But Hammer told us that there was going to be.................................
    Politics.ie moderators should moderate instead.
    Welcome to Political Irish | Political Irish

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    Politics.ie Member bonkers's Avatar
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    Quote Originally Posted by agamemnon View Post
    Great idea. If Draghi doesn't die from laughing they can always threaten to kneecap him!
    At this stage we would be better off sending Bosco. They can't hear Noonan, the fukker can't get off his knees.

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    As long as they feather they own nest and they ''ll do the euros request , time to
    Take our nation back

  10. #10
    longshortgrass
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    Send in the Boy Engineer from Donegal....

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