97% Owned - Economic Truth documentary - Queuepolitely cut. Inside job. 75 documentaries that will change how you see the world | United Explanations. THE PEOPLE v THE BANKS: Conviction beats Eviction. Vincent Browne Vs Troika: Video And Transcript. Troika (EU, ECB & IMF) representatives, and Barbara Nolan, head of the European Commission representation in Ireland, held a press conference on the latest bailout review this afternoon.
Participants: Klaus Masuch, head of EU Countries Division at the European Central Bank Istvan Szekely, director of economic and financial affairs at the European Commission Craig Beaumont, mission chief for Ireland at the IMF. Barbara Nolan, head of the European Commission representation in Ireland. Early in the conference, Istvan Szekely said: “I’m impressed by the depth of the discussion in Ireland and the understanding of complex, economic financial-sector issues, which is revealed by looking into the Irish place, looking into the discussion.
But also when I come from the airport with the taxi driver they are often very very informed I must say, very very informed.” Barbara Nolan: “Well, well, well, can we take a couple together? Icelandic Anger Brings Debt Forgiveness in Best Recovery Story. Icelanders who pelted parliament with rocks in 2009 demanding their leaders and bankers answer for the country’s economic and financial collapse are reaping the benefits of their anger. Since the end of 2008, the island’s banks have forgiven loans equivalent to 13 percent of gross domestic product, easing the debt burdens of more than a quarter of the population, according to a report published this month by the Icelandic Financial Services Association. “You could safely say that Iceland holds the world record in household debt relief,” said Lars Christensen, chief emerging markets economist at Danske Bank A/S in Copenhagen. “Iceland followed the textbook example of what is required in a crisis.
Any economist would agree with that.” The island’s steps to resurrect itself since 2008, when its banks defaulted on $85 billion, are proving effective. Crisis Lessons People Vs Markets Activists say the banks should go even further in their debt relief. Fresh Demands Legal Aftermath.