Mick Wallace The #US and #EU are increasingly using #sanctions as a weapon against countries that don't bow to their financial i… https://t.co/qMbVI1XYfc
Mick Wallace How bad that the #EU of the so called 'European Values' has supported this Terrorism against the people of #Syriahttps://t.co/wRXMSubfYi
Mick Wallace Western Colonialism never really stopped, it just got a make over - It's now called 'Financial Imperialism'. Are we… https://t.co/KoMpQ69bBw
Mick Wallace RT @wallacemick: Would mean something for Irish people and the notion of 'Irish Neutrality' if Irish Minister for Foreign Affairs @simoncov
To ask the Minister for Finance the action he has taken to date and any future action he plans to take in relation to the renegotiation of the terms of the €30 billion promissory notes issued to Anglo Irish Bank and Irish Nationwide Building Society; the outcome of his meeting with ECB President Mario Draghi last week in relation to this issue; and if he will make a statement on the matter.   - Mick Wallace. For ORAL answer on Wednesday, 1st February, 2012.   To ask the Minister for Finance the progress that has been made to date in meetings with officials from the ECB, European Commission and IMF in relation to the renegotiation of the terms of the Anglo Irish Bank and Irish Nationwide Building Society promissory notes; and if he will make a statement on the matter.   - Mick Wallace. For ORAL answer on Wednesday, 1st February, 2012.   REPLY As I have indicated I am committed to reviewing the approach to the Promissory notes with a view to reducing the overall cost to the State of correcting the banking system. The Troika have agreed to engage in a process with Irish Officials to produce a common paper which will consider all options for restructuring the notes in terms of the source of funding, the duration of the notes, the interest rate etc.   In tandem with this technical review I have met with Commissioner Rehn and Mario Draghi President of the European Central Bank last week to progress the matter.   I would expect that work at a technical level will progress at a good pace, however given the nature of advocacy and the decision making process in the EU I would not expect this matter to be concluded in the short term.

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namaleaks

THE TRUTH IS COMING....

Namaleaks is a project that seeks to uncover possible injustice and poor practice related to NAMA (National Asset Management Agency) and financial institutions in Ireland.

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