The ECB is not going to help the Irish people. “Where the ECB does lavish largesse, it tends to be to the benefit of the corporate sector, including already loaded Irish companies like Ryanair, which have been able to access cheap ECB loans in recent years.” In the end, the irish will have to help themselves.
Andy Storey is a lecturer in political economy at University College Dublin and a board member of human rights group Action from Ireland (Afri).
Cross posted from the Dublin InQuirer
As a condition of that “bail-out”…
To continue reading for free in the Dublin Inquirer click here