You are here

Troika

The full text of the Briefing provided by Social Justice Ireland to the European Parliament's Economic and Monetary Committee on January 17, 2014 Can be accessed here

Social Justice Ireland's Submision to the European Parliament Economic and Monetary Commitee on January 17, 2014

Social Justice Ireland welcomes the Troika's call on Government to minimise the burden of adjustment on the most vulnerable in Budget 2013.  In a statement at the conclusion of the eighth quarterly review of Ireland's Bailout, the Troika state: "The measures adopted in Budget 2013 should be durable, as growth-friendly as possible, and minimise the burden of adjustment on the most vulnerable."

Social Justice Ireland welcomes the Troika's call on Government to minimise the burden of adjustment on the most vulnerable in Budget 2013.  In a statement at the conclusion of the eighth quarterly review of Ireland's Bailout, the Troika state: "The measures adopted in Budget 2013 should be durable, as growth-friendly as possible, and minimise the burden of adjustment on the most vulnerable."

Social Justice Ireland met the IMF/ECB/EC 'troika' on Monday, October 17, 2011. We presented them with a Briefing document setting out a fully-costed set of proposals which would see the terms of the Bailout Agreement met but which would ensure that poor and vulnerable people were not further burdened
 
  1. The selective use of data by the Troika is leading to inaccurate analysis which in turn is producing inappropriate policy recommendations for Ireland.
  2. Poverty in Ireland is rising despite Troika claims.
  3. The vulnerable have not been protected despite ‘Troika’ claims.

Social Justice Ireland presented this policy briefing to the Troika (International Monetary Fund, European Commission, European Central Bank) on Monday, October 22, 2012.

The ‘troika’ statement that the most vulnerable in society should be protected is very welcome. So too is their statement that the ‘troika’ are committed to helping those who need help.

The ‘troika’ has been told there are serious questions concerning their credibility on the economy and the vulnerable. At a meeting in Dublin with the ‘Troika’ (European Central Bank, the International Monetary Fund and the European Commission) today, Social Justice Ireland argued that:

Making choices in precarious times such as these a country, a government, a society or an international institution defines itself by:

The cuts it makes; the people it protects; its effectiveness on economic growth/jobs; its actions on public services; the values underpinning its choices.

Pages