A View From Middle England - Conservative with a slight libertarian touch - For Christian charity and traditional belief - Free Enterprise NOT Covert Corporatism

Thursday, November 18, 2010

Ireland to get bail-out loan

So Ireland is going to be giving shedloads more money, not as a gift but a "loan", whilst it is up to its neck in collossal debt. How are they going to pay it all back?

Maybe the European Commission and the Irish government could tell us all how much is exactly owed? The BBC is talking of a "very substantial loan" and "tens of billions" of euros. We hear of "pumping" money in. Where will it all come from?

Simple questions!

1. How much does Ireland owe?
2. How much will Ireland be given?
3. Where will the "loan" come from?

No need for committees. No need for summits. Just simple one line answers.


Post a Comment