Follow @PoliticsIE
 
 
 
Page 1 of 4 1234 LastLast
Results 1 to 10 of 37

Thread: NWL: "Noonan refuses to answer a simple question: can ECB unilaterally unravel prom note deal?"

  1. #1
    Politics.ie Member Dublin 4's Avatar
    Join Date
    Feb 2011
    Location
    Vision & Glory
    Posts
    12,986
    Mentioned
    0 Post(s)

    Default NWL: "Noonan refuses to answer a simple question: can ECB unilaterally unravel prom note deal?"

    “Question: Last month you said that we have not heard the last word on the Irish promissory notes. So, I wonder, when will we hear the last word?

    Mario Draghi: We periodically review compliance with Article 123 by all countries. If I am not mistaken, the review should happen at the end of the year, but the Governing Council will decide in complete independence when to have this review, or a review of similar situations. I do not have a date to give you now. I think there is a date when this is going to be done, and I believe it is at the end of the year, but I cannot let you know for sure .” ECB president Mario Draghi – pictured above - responding to a question at the ECB press conference in Frankfurt yesterday. Feeling reassured?


    Deputy Colm Keaveney: asked the Minister for Finance further to Parliamentary Question No. 185 of 26 February 2013, if the European Central Bank has the lawful authority to direct the Central Bank of Ireland to dispose of the bonds, referred to in his reply, in accordance with a schedule different to that detailed by him in his reply; and if he will make a statement on the matter. [11797/13]

    Minister for Finance, Michael Noonan: The Irish Government fully understands the need for the ECB to ensure it is operating within its mandate. As previously outlined by the Central Bank of Ireland, the bonds will be placed in the Central Bank’s trading portfolio and will be sold, provided that conditions of financial stability permit. The disposal strategy will of course maintain full compliance with the Treaty prohibition on monetary financing. The Central Bank of Ireland has undertaken that minimum of bonds to be sold in accordance with the following schedule: €0.5bn by the end of 2014, €0.5bn per annum from 2015 to 2018, €1bn per annum from 2019 to 2023 and €2bn per annum from 2024 onwards.
    Noonan refuses to answer a simple question: can ECB unilaterally unravel prom note deal? | NAMA Wine Lake

    This mess is still rattling on as the printers are in overdrive with our Property Tax bills enroute.

    Unions are all over the place with Croke Park 2 & the Cops et al aren't lookin too happy.

    After Daveo Begg's recent pronouncement are relations set to worsen between Ireland & Europe?

    Will Berlo, Grillo, Golden Dawn & Co further anger Draghqueen's against Ireland or persuade him to maintain our "Poster Boy" status?

    Where is Ireland heading for today - can Noonan nail down the Pro Note Deal - period?

    Or

    Will the Emerald Isle drop the Fake Smile???


  2. #2
    Politics.ie Member ger12's Avatar
    Join Date
    Feb 2011
    Posts
    48,228
    Mentioned
    0 Post(s)

    Default

    You'll suffer the same fate as Ribeye if you keep this up
    At 12 weeks the “clump of cells” toes curl, her mouth makes sucking movements, she has a human face and if you prod the tummy she will move in response

  3. #3
    Politics.ie Member Dublin 4's Avatar
    Join Date
    Feb 2011
    Location
    Vision & Glory
    Posts
    12,986
    Mentioned
    0 Post(s)

    Default

    Posin questions Ger - not formin opinions

  4. #4
    Politics.ie Member wombat's Avatar
    Join Date
    Jun 2007
    Posts
    31,248
    Mentioned
    2 Post(s)

    Default

    Quote Originally Posted by Dublin 4 View Post
    Posin questions Ger - not formin opinions
    Probably they can, the real question is how likely is it that they will want to?

  5. #5
    Politics.ie Member seabhcan's Avatar
    Join Date
    Sep 2007
    Posts
    14,309
    Mentioned
    0 Post(s)

    Default

    Everyone is making the rules up as they go along. Noonan wont answer because he doesn't know. Neither does the ECB.

  6. #6
    Politics.ie Member
    Join Date
    Jan 2007
    Posts
    2,423
    Mentioned
    0 Post(s)

    Default

    Is NWL going to publish the it source of funding.

  7. #7
    Politics.ie Member Dublin 4's Avatar
    Join Date
    Feb 2011
    Location
    Vision & Glory
    Posts
    12,986
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by seabhcan View Post
    Everyone is making the rules up as they go along. Noonan wont answer because he doesn't know. Neither does the ECB.
    If you don't mind please a slightly personal question seabh.

    You seemed to be a lot more confident in the EU up until a few months back?

    Or am I completely misreading your posts - understandable considering the amount of posters.

  8. #8
    Politics.ie Member Morgellons's Avatar
    Join Date
    Mar 2012
    Posts
    5,084
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by ger12 View Post
    You'll suffer the same fate as Ribeye if you keep this up
    What happened poor old Ribeye? He wasn't banned or anything?

  9. #9
    Politics.ie Member Dublin 4's Avatar
    Join Date
    Feb 2011
    Location
    Vision & Glory
    Posts
    12,986
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by grassroots View Post
    Is NWL going to publish the it source of funding.
    He posts here very occasionally.

  10. #10
    Politics.ie Member Dublin 4's Avatar
    Join Date
    Feb 2011
    Location
    Vision & Glory
    Posts
    12,986
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Morgellons View Post
    What happened poor old Ribeye? He wasn't banned or anything?
    No he's online now - Ireland V France thread

Page 1 of 4 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •