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Dublin: 10 °C Wednesday 22 May, 2013

Photos: The troika are back in town

They just can’t stay away…

IT’S EITHER TIME for yet another review or else they just can’t keep away from Ireland. Probably the former.

Yes, troika officials are back in Ireland again to carry out their latest quarterly review on how the country is following through on the bailout agreement.

Ajai Chopra and the boys arrived in Ireland yesterday and have been meeting with people from the Department of Finance. Here they are on their way from the Merrion Hotel to the Department of Finance yesterday evening:

Photos: The troika are back in town
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  • Officials from the EU, ECB and the IMF

    Officials from the EU, ECB and the IMF arrive at the Department of Finance. (LtoR) European Central Bank economist Klaus Masuch, Director of Economic and Financial Affairs at the European Commission Istvan Szekely and Deputy Director of the European Department of the International Monetary Fund (IMF), Ajai Chopra. (Photo: Sasko Lazarov/Photocall Ireland)
  • Officials from the EU, ECB and the IMF

    Officials from the EU, ECB and the IMF arrive at the Department of Finance. (Photo: Sasko Lazarov/Photocall Ireland)
  • Officials from the EU, ECB and the IMF

    Navigating the long and arduous journey from the Merrion Hotel to the Department of Finance across the road (Photo: Sasko Lazarov/Photocall Ireland)
  • Officials from the EU, ECB and the IMF

    Ajai Chopra's close-up (Photo: Sasko Lazarov/Photocall Ireland)
  • Officials from the EU, ECB and the IMF

    Officials from the EU, ECB and the IMF arrive at the Department of Finance. (Photo: Sasko Lazarov/Photocall Ireland)
  • Officials from the EU, ECB and the IMF

    The troika officials dodge questions from the media on the way in to the Department of Finance (Photo: Sasko Lazarov/Photocall Ireland)
  • Officials from the EU, ECB and the IMF

    (Photo: Sasko Lazarov/Photocall Ireland)
  • Officials from the EU, ECB and the IMF

    (Photo: Sasko Lazarov/Photocall Ireland)

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Comments (50 Comments)

  • Apparently they are refusing press interviews. Vincent Browne rattled their cage too much last time and got too near the awkward truth for them no doubt. Will we ever get to know why they haven’t stopped Enda and co going over the pay cap for their advisors etc ?

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  • Looking forward to the next press confefrence with Vincent Browne! He can be full of hot air, but god bless his cotton socks he stuck it to em the last time! For that reason alone he’s my hero!

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  • Lent is over they are here to collect their boxes from all the children.

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  • Me thinks they here to price the water :-(

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  • kidnap them and hold em ransom for 100 billion. problems solved

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  • I’m glad he is able to smile!!!

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  • I’d say there are on a power buzz. They love telling governments what to do.

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  • the parasites are back in town

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  • Dirty Aherne should be driving them around as a chauffeur all day! Maybe polish there shoes for them as well!

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  • Pic 1/8.

    Istvan Szekely of the ECB blowing into his hand to warm it up for Enda’s back.

    That or he’s practicing keeping his mouth shut when asked the hard questions based on the ECB’s arrogance, intransigence and ignorance of what their greed and euro protectionism at all costs is doing to this country.

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  • They haven’t gone away you know…..

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  • On this day in 1949 Ireland officially left the British Commonwealth and became a republic. We have our new European Master in town to make sure the plain people of Ireland have no say in their own Countries Future. I suggest we Vote No

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  • I can’t wait till the next election

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    • I’m voting Sinn Fêin/ULA. They’re the only parties that are anti Austerity and know that promises made in the dead of night by a spineless FF government, promises made with false information and under duress should not be honoured.

      Another billion or so (who can keep up these days) was paid to Anglo this week. Not a word from RTE aka Government Propaganda Machine.

      #NotOurDebt

      Reply
    • Reg 18/04/12 #

      Réada – you never answer these questions but where will Sinn Fein/ULA get the money to keep the show on the road? Yes they can increase income taxes on higher earners and slash the pay and pensions of highly paid public sector workers (very difficult that one) but that won’t make up the shortfall. Who will be borrow the money from since we are already lending from the borrower of last resort?

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    • Eh?
      How many proposals were put to government by all shades of opposition and impartial economists yet are ignored by government who are quite content to follow through on the sinister shady deals done by FF?.
      FG and Labour had their chance to strike a blow for us after election, they could have said – “new government, new rules, we won’t blindly follow what a previous government signed up for, we stood on a platform of change and promised to protect every man woman and child who are bearing the brunt of the economic treachery instigated by FF and the Greens……….we will renegotiate, it’s what is expected of us and why FF were thrown out of power”……….but did they? – did they f**k, they just carried on with the same, the ECB/EU and the IMF must have been bloody delighted they got elected, another collection of fools they can push around.

      Reply
    • That doesn’t answer the question of where they will get the money. Considering we have such a large deficit even after the bailout money each year they will have to have a plan for the short term because nobody will lend money to a defaulting country.

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    • Reg 18/04/12 #

      Dermot, I think you are confusing the bank debt and the deficit of the state current account. If Sinn Fein and the ULA tell the IMF/EU to get stuffed who will then lend us the money at affordable rates? It’s a simple question.

      I agree that there will have to be some debt right down at some stage but do you honestly believe they are going to let us off the hook when there are serious structural reforms needed that have yet to be started, never mind completed. They are the lender of last resort and when you are forced to borrow money from them it comes with serious terms and conditions. If people though that Labour or Fine Gael where going to be able to make sweeping changes to the conditions of these loans then they were deluded. Labour or Fine Gael are also guilty of leading people to believe that huge changes could be made. Reality soon set in.

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    • So we’re just expected to lie down and accept all that’s thrown at us?
      I believe we had an election last year for the sole purpose of getting shot of a feeble government and electing one which would put us first????
      What was the point of having one? – we could have just let FF carry on.

      The thing is that FG and labour aren’t even trying or if they are they are trying very timidly in secret, we are getting no favours for protecting the euro at the behest of the ECB, we’re getting no leeway or help to alleviate the burden imposed upon us, we have nobody who is willing to stand up and admit that this debt is breaking our country economically and socially.
      We’re still stuck in a FF created mire and a government that thinks taking more and more money out of peoples pockets is good for the economy which goes against all economic sense.
      How those me and millions like me having to budget by paying another tax or charge and have nothing left to contribute to the real economy gonna help?

      I don’t know SF’s or the ULA’s plans to dispense with the troika, personally I think it would be a bit rash but you can rest assured that people like them will put us and our survival at the top of their list and not prostrate themselves like servile idiots to the ECB/EU/IMF and get absolutely nothing back only a few pats on the back or their hair ruffled like a cheeky schoolboy.

      Reply
    • I am blue in the face answering ye actually. But seemingly my Dad was right when he said a donkey has to be told everyday. I’m going to have to do it up again. This time I’ll save it and copy and paste it and post it for ye everyday. ;)

      Reply
    • Reg 18/04/12 #

      Dermot, I agree with some of your points and that Labour and Fine Gael have room for much improvement. The question I will ask you though is if the IMF and EU were not lending us the money then we would need to more or less balance the budget immediately. What would that mean and how much chaos would it cause? How much would the social welfare budget need to be cut by? What public sector pay cuts would there be for anyone earning over 30k? What services would be further cut?

      A lot of the problems with this country are to do with personal debt levels and the unemployment rate. People borrowed too much and due to the recession people are earning much less. The introduction of local authority taxes and water charges would be more acceptable if people weren’t paying so much for the roof over their heads. But this is the result of ten years of gross mismanagement and a massive property ponzi scheme overseen by Fianna Fail. It’s going to take many, many years to rectify.

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    • That’s pretty much the party line isn’t it Reada? Avoid answering a direct question.

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    • reg, the solution is to #taxtherich http://www.eapn.ie/eapn/wp-content/uploads/2011/02/wealth-distribution-in-ireland.pdf usa did exactly this and got out of the great depression

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    • This is an automated response to the incessant Thatcherite claims that TINA (There Is No Alternative)…
      My one is TUTPASA. Guess…

      Stop paying back loans for fake money. Money that was merely figures on a computer screen of some hack in Wall St or an international bank.

      Realise that a bank’s aim is to squeeze you for every cent possible. This is best achieved by keeping you in debt. It’s a changing world when “As safe as houses” rings hollow.
      Why should shelter be unaffordable?
      Why should we have to borrow huge sums to put a roof over our heads?
      What drove up the price of basic houses?

      The banks did. They did it by flooding this country with cheap money (unbacked by gold)! Fake money I’d call it.

      What is money anyway? It’s just a piece of paper symbolising an exchange of energy. It will always exist and items and services will always have a value. It doesn’t matter what it’s called! It’s real if it’s earned.

      I would be for huge debt write off on over inflated mortgages thus freeing up disposable income bring a much needed boost to the home economy

      I would like Ireland to set an example to the world of a country there we put society before economy. I want Ireland to be the Lighthouse in these unchartered waters. Éireann go brach ;)

      Reply
    • Reg 18/04/12 #

      And you still haven’t answered the question. I’ll try again. If Sinn Fein and the ULA tell the IMF/EU to get stuffed who will then lend us the money at affordable rates to fill the gap in the current account deficit? Forget the banks for now, it’s a simple question.

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    • Fake money Reada? Is it not the same type of money you bought your house with? So if the banks give out fake money you obviously used fake money to buy your house. i trust you will be returning it to its previous owner with an apology for conning them?

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    • How about you losing your addiction to borrowing? Capitalism got us into this mess with your borrowing addictions. How about living within our means? It’s what normal people do. Write off this fake debt and ridiculous mortgage debts and them maybe we can all take a cut in wages.

      Tax the rich first. Create a 3rd tax band. And don’t tell me that they’ll leave. They might think they’re sh!t hot here in Ireland but they’re small fry on the international scene.

      Now will you leave me alone. I need to tweet Ghostie and get this #IrishRevolution started!

      Fada beo an réabhlóid :D

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    • Look up fiat currencies on the net sean. I’m not your teacher.

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    • So you will be giving your house back that you paid for with fake money then?

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    • reg , your the one not answering now. i provided the solution. #taxtherich

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  • Hasn’t he a lovely smile all the same.they might be destroying our country but at least they are being pleasant about enslaving us and our grandchildren.

    Reply
    • Reg 18/04/12 #

      I think you’ll find it was Bertie and his cohorts that destoyed this county. Did you vote for him or his party over the years? Come clean now, many people were fooled!

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    • Reg they destroyed our country then…..but I ask who is destroying it now?! With gusto, quick as lightning….good oul puppy Enda. Giving everything away on a silver platter without one word of disagreement!!!

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  • Troika Go HOME….

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  • jimbo 18/04/12 #

    What hotel are they staying in I wonder

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  • Chopra is double-jobbing while he’s here. He advertised his tailoring services in yesterday’s Irish Times. http://lockerz.com/s/202048835

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  • Who pays for their visit?

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    • This is Ireland so probably us……..I don’t honestly know but I can’t see those here involved with finances renowned for their frivolous spending being prudent just for these guys and maybe that’s why they’re always smiling when they arrive here, a broke economy laying on all the perks…top class hotels, chauffeur driven and well fed instead of getting them to stay in a B%B and using buses.

      Reply
  • Maybe if we stopped treating them do well, the might not come back so often,

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  • Our spineless government are washing this country down the drain. THIS BANKING DEBT BELONGS TO GLOBAL INVESTORS not to the Irish People. Spineless treacherous little shits who don’t care about the outcome once they get their 100k pension at the end of it.

    Reply
  • mcbab 18/04/12 #

    Reg. she never answers. Too busy running from one protest to another.

    Reply

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