PBPA Finance Spokesperson to challenge Troika over so called bail-out “exit” at meeting today
End of bail-out a mirage and fantasy – while debt mountain remains, Troika will suck our blood for many Halloween’s to come, says TD
People Before Profit/United Left Alliance TD and Finance spokesperson, Richard Boyd Barrett will meet the Troika today as part of a delegation from the Dail Technical Group. The meeting will take place in the Department of Finance at 3pm.
Deputy Boyd Barrett says he will challenge the Troika over the terms and conditions surrounding the “so-called bail-out exit,” which he claimed last week in the Dail was” a mirage and government inspired fantasy.”
He said that as long as Ireland was required to pay-off the enormous burden of bank related debt that had been imposed on Irish citizens, Ireland’s economy would remain under the effective control of the Troika and austerity would continue.
Deputy Boyd Barrett said the bankruptcy of the Troika’s austerity policies was clearly apparent with the current crisis in the country’s water infrastructure, the impending crisis in the health service, and the debacle over the property tax which he said arose directly out of Troika policy prescriptions.
Deputy Boyd Barrett said: “We have argued consistently over the last two years that whether or not the government formally exits the current Troika programme, Ireland’s economic policies will remain under the control of the Troika and international lenders as long as it is forced to shoulder the burden of debts arising out of the banking crisis. This means all this government hot air about“exiting” the bail-out is nothing but a mirage and a fantasy – another attempt to spin the lie that austerity is working when clearly it is failing disastrously. It’s appropriate that all this talk of exiting bail-outs is happening at Halloween, because, in reality, while the debt remains, the vampires of the Troika will continue to suck our blood for many Halloween’s to come.