Northwest MEP critical of European response to banking crisis

first_img By News Highland – March 26, 2011 WhatsApp Newsx Adverts RELATED ARTICLESMORE FROM AUTHOR Further drop in people receiving PUP in Donegal Twitter Pinterest Man arrested on suspicion of drugs and criminal property offences in Derry Northwest MEP critical of European response to banking crisis Google+ North West MEP Marian Harkin says the European Union is splitting apart in front of our eyes, and core countries such as Germany and France will forge ahead while deficit countries like Ireland could collapse.Ms. Harkin repeated her belief that a restructuring of Irish debt will be necessary, as the current burden is unbearable.She says banks acted like casinos, but instead of acting, the European Central Bank stood by.Now, Marian Harkin argues, Europe has a banking crisis and, crucially, a sovereign debt crisis, and the EU is still putting sticking plasters on deep wounds. Gardai continue to investigate Kilmacrennan firecenter_img Facebook WhatsApp Previous articleDonegal Company secures 50K investment from Enterprise IrelandNext articleProtest march over Altnagelvin Radiotherapy decision News Highland Pinterest Facebook Twitter Main Evening News, Sport and Obituaries Tuesday May 25th 365 additional cases of Covid-19 in Republic 75 positive cases of Covid confirmed in North Google+last_img read more

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