The Workers’ Party have called for immediate intervention by the state to prevent the sale by Permanent TSB of up to 10,000 mortgages to Start Mortgages, an Irish affiliate of the Texas based Lone Star vulture fund for a reported €1.3 billion. Gavin Mendel-Gleason, the Workers’ Party representative for Dublin North West, said the [...]
The Workers’ Party have called on Minister for Finance Paschal Donohue to propose that the EU’s “tax haven blacklist” be expanded to include European countries, when he attends next Tuesday’s ECOFIN meeting of European finance Ministers, and not solely non-EU jurisdictions as is currently the case. The call comes in the wake of a [...]
The Workers’ Party has condemned AIB’s plans to escalate the sale of its bad loan books, in order to entice investors to buy shares in the state-owned bank. Workers’ Party representative for Dublin Northwest, Gavin Mendel-Gleason, was responding to comments made yesterday (Wednesday) by AIB Chief Executive Bernard Byrne that AIB intended to clear its [...]
Taoiseach Enda Kenny’s revelation that the government intends to use revenue from the sale of 25% of the state’s stake in AIB for debt reduction has been met with calls to keep the bank in state ownership. Currently, 99% of AIB is owned by the state. Reacting to the Taoiseach’s statement in the Dáil yesterday [...]
Workers’ Party condemn closing of Ireland Palestine Solidarity accounts by bank of Ireland Party urges members and supporters to close accounts at B of I Jimmy Dignam, Workers Party representative Dublin North West The Workers’ Party have condemned the sudden closure by Bank of Ireland of the bank account of the Ireland Palestine [...]
In response to increasing expectations among financial analysts and journalists of an impending stock market crash, Jimmy Dignam, the Workers’ Party candidate for Dublin North West has said that Ireland’s banking system is an unreformed Frankenstein’s monster that could cause a repeat of the economic catastrophe of 2008 / 2009. Jimmy Dignam Dignam [...]
