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Keyword: financialservitude

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  • EU's troika representative denies bailout creates 'democratic deficit' (Ireland)

    10/14/2012 10:09:42 PM PDT · by Olog-hai · 2 replies
    Irish Times ^ | Friday, October 12, 2012 | Laura Slattery
    The European Commission’s representative on the troika, Istvan Szekely, has denied that there is a “democratic deficit” in the Republic as the result of the conditions attached to the its bailout program. “The program’s main goal is to restore confidence in policies and help get Ireland get back on its feet so it can get financing on its own from the markets,” Szekely told a summit on leadership organized by employers’ group IBEC. “It is important to point out this conditionality is negotiated with the Government,” he said. “There is no democratic deficit here.” …