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Debt

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The opposite of poverty is not wealth. In too many places, the opposite of poverty is justice.
Bryan Stevenson

Debt

Debt Justice

Attac Ireland works and stands in solidarity with debt justice campaigns working to resist illegitimate debt in Ireland, Europe and globally.

Ireland, in per capita terms, has endured the largest bank bailout of all time. The total estimated cost of the bank bailout is approximately €70 billion.

Attac Ireland rejects the idea that citizens should pay the debts accrued through the speculative activities of private banks.

In particular, we call for and work towards

  • The freezing of the ‘Anglo bonds’ (see http://www.debtireland.org/news/2014/04/02/patrick-honohan-do-the-right-thing/)
  • An end to the Irish government’s boycott of the UN Committee on Sovereign Debt Restructuring
  • A European Debt Conference

At the 2014 Attac European Summer University in Paris, Attac Ireland contributed to a workshop on ‘Women and Austerity’, which highlighted the particular effect unjust debt repayments and austerity policies are having on women in Ireland.

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vultures

Perspectives on the International Centre for Settlement of Investment Disputes (ICSID) and Argentina’s Debt

The following article is written by Tony Phillips an Irish and Argentine economist specialising in the build up to and ...
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Stop TTIP

The undersigned call on the US, the EU, and Canada to exclude any form of Investor-State-Dispute Settlement from the Transatlantic Trade and Investment Partnership (TTIP), from the EU-Canada Comprehensive Economic and Trade Agreement (CETA) and from all other trade and investment agreements.

This week, the US and the EU will resume negotiations on investment protection in TTIP. The European Commission – claiming ...
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shadow-banks

VIDEO: Economist Esther Jefferson talks on shadow banking

https://www.youtube.com/watch?v=UDtPmv1lHlM Esther Jeffers, a French economist specialised in banking gave a talk on shadow banking in DIT on 5th April ...
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ScreenHunter_130 Nov. 03 17.36

Fact Card: People Rise Up Against Finance! Why Should You?

STOP TTIP/CETA/TISA These charters for global corporations will, if passed, allow them to ride roughshod over the democratic decisions of ...
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Debt

Women and Austerity in Ireland: Making the Connections

Overview Bank Guarantee and Massive Socialisation of Bank Debt Cuts to welfare, services, organisations which affect women Regressive taxation Women ...
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Attac’s 7 Principles

  1. Take public finance away from financial markets
  2. Escape from the debt trap
  3. Give state finances a sustainable basis
  4. Disarm financial markets and put the banking sector under public control
  5. public and democratic financing of the economy
  6. Europe for the people, not for profits
  7. Real democracy now

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