now ireland has accepted a bail out - will they still be giving out massive benefits

Pete111

I know for a fact their state redundancy benefit is far higher than ours.

Expectations re company payoffs are far higher also - there was a case last year when soon to be ex-employees of Thomas cook in Ireland staged a sit in to get 8 weeks pay per year of service after being offerd an 'insulting' 5 weeks. Think they got it too!

P

Pete111

The_White_Horse wrote: »

i was there the other week. expensive, massively high benefits, every other car is a 4X4. shopping centres - that are busy - with Harvey Nicks etc. It is pure insanity there. They need to come down a peg or three.[/QUOTE]

Won't take long at this rate!

Agree Dublin is mentally expensive though - a sandwich and a coke cost me over 10 euros in a small cafe the other month...

doire_2

LilacPixie wrote: »

Are they giving out massive benefits? I was under the impression that they did not have a generous welfare system and certainly not in comparison with the UK.

I think a single person gets almost 200 euro a week on the dole

tiff

The_White_Horse wrote: »

i was there the other week. expensive, massively high benefits, every other car is a 4X4. shopping centres - that are busy - with Harvey Nicks etc. It is pure insanity there. They need to come down a peg or three.

But isnt it the same here, not necessarily 4x4's but people out spending? We've been to a few restaurants lately and places are heaving.

I said about 18 months ago to our family that are English but live in Ireland that people will have to change the way they live and they just looked at me as if I was an idiot lol

Torby

Generali wrote: »

There are usually pretty tough conditions attached to a bailout.

which our government applied to the banks...which the banks subsequently ignored...

if we bail out Ireland...does that mean we all own a wee bit?:rotfl:

ash28

Silverbull wrote: »

When you say child benefit you have to compare it to our child benefit and child tax credit.

Its about the same.

They have Family income supplement in Ireland for the low paid, the unemployed also get extra money for children (about 30 euros a week for each child) if their partner earns below a certain amount or is not working, child tax credit covers that here. They also have a single parent benefit, there are a number of benefits they can claim that are not available in the UK.

Child benefit over there is not the equivalent of CB and child tax credits here.

http://www.welfare.ie/syndicatedcontent/en/irish-social-welfare-system/claiming-a-social-welfare-payment/claiming-and-increase-in-your-payment-for-a-child-dependant/

tomterm8

!!!!!!_face wrote: »

Where's my f***in' bailout?

Your name isn't right. Here are detailed instructions on how to get your bailout: http://www.youtube.com/watch?v=daBx_PBrvSE

sabretoothtigger

As long they keep to the repayments on the loan then surely they can do as they wish?

Your confusing the free market with the EU behemoth

The free market says ireland is a bad risk and needs to pay 10% on their debt. Which sounds reasonable to me, its right that the EU doesnt then ignore the risk but tries to take measures to reduce it.
Raising taxes on business doesnt seem the best choice though, I think Labour proposed this kind of thing just before they went out



CDS prices on pig debt - http://www.cnbc.com/id/38451750


Prices on 27th Sept http://img185.imageshack.us/img185/3919/cdsk.png
18th Sept - http://img541.imageshack.us/img541/8762/cds.png
2nd SEpt http://img689.imageshack.us/img689/7325/cdst.png


So the cost to insure your Irish debt 'asset' has risen only 5.8% since end of September but 50% from the start of Sept. Their budget is voted on 4th Dec I think