Friday, February 3, 2012

“Stop the Handover” Protest at City Hall Today

“Stop the Handover” Protest at City Hall Today


Cork Sinn Féin are to protest outside City Hall today at the government handover of billions of Euro to bondholders in Anglo-Irish Bank. The protest will take place as Enda Kenny arrives at the building to address a meeting of Cork Chamber of Commerce.



Speaking in advance of the event, party councillor Mick Nugent said:


“In the first few months of this year alone, billions are being paid out by the government to unsecured, unguaranteed bondholders in Anglo-Irish Bank and other financial institutions.”



“These payments included €1.25 billion on 25th January, with further payouts scheduled for 3rd, 15th and 20th February. Between them, these will amount to a further €1.15 billion.”



“Then on 31st March, the government will pay over €3.1 billion on the promissory note used to recapitalise Anglo-Irish Bank.”



“Ordinary workers and families are being bled dry to pay anonymous international bondholders who gambled on the Irish property market and lost. It is these casino capitalists – not, as Enda Kenny seems to think, the “greedy” Irish people – who are responsible for the collapse of our economy.”



“Sinn Féin activists will be gathering today from 5pm outside City Hall to protest against the disastrous policies being pursued by Enda Kenny’s government.”



For further information or comment contact Cllr Mick Nugent @ 087-6755793

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