Default! Say the Irish People

Irish negotiators raised defaulting but ‘Europe went completely mad’

Jody Corcoran
Irish Independent

A SUBSTANTIAL majority of the Irish people wants the State to default on debts to bondholders in the country’s stricken banks, according to a Sunday Independent/Quantum Research poll.

The finding that 57 per cent favour and 43 per cent oppose default reflects a growing view among policymakers and opinion formers that the State simply cannot support the debt burden it has taken on.

The telephone poll of 500 people nationwide has also found that a majority of around two-thirds opposes the headline measures in the Government’s four-year plan.

Following Fianna Fail’s loss of the by-election in Donegal last week, the findings will add to political uncertainty as an austerity Budget approaches on December 7.

As Ireland awaited the fine details of the international bailout, which are expected tonight, it was learned last night that the Irish delegation negotiating with the EU-IMF last week raised the issue of default.

“The Europeans went completely mad,” a senior government source said.

Read Full Article

RELATED ARTICLE:
Citizens of Europe Rage Agaist the Machine
5 Reasons NOT to Pay Your Credit Cards

Thank you for sharing.
Follow us to receive the latest updates.

Like Us On Facebook
Follow Us On Twitter

FREE Guide Exclusively for Activist Post Subscribers


Get Our Exclusive 21-page Report 10 Ways to Survive and Thrive During Economic Collapse for FREE!

In this report we share the exact strategies we’re using to survive the economic collapse.

It is overflowing with actionable steps you can take to protect you and your family. Plus, we identify the best opportunities to thrive.

Enter your email address below to get instant access!