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Tag Archives: Ireland

Why Greece will have to exit the eurozone

615439-greece-financial-crisis

By: Jonathan Cook I’m no economist but I have been wondering how Syriza plans to bypass German-imposed austerity as long as it sticks with the euro. Depressed economies recover by devaluing their currency so that they can become more competitive. But Greece is currently tied to the euro, which means it cannot devalue and must continue to compete, despite its deathbed economy, against …

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Ireland’s Foreign Minister explains Irish abstention in UN Gaza vote

Newly Appointed Ministers Sworn Receive their Seal of Office

Republic of Ireland’s Foreign Minister Charlie Flanagan said that Ireland abstained from voting for an official probe into war crimes in Gaza since it wanted faster action using already existing mechanisms. He also said that there was little time to introduce new probe. The UN Human Rights Council backed the probe inquiry with 29 out of 46 votes in favor …

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