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If you are in any doubt about what having the Germans in charge means...

ashleey · 2009-10-07 20:31:35

Now that the ECB is financing the Irish State and will be more so with Nama, that means the Germans are in charge (seeing as it's their money). Read the announcement from Aer Lingus (German CEO) today. Now get ready for the budget this December... by the way this is not an anti German rant.

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07-10-2009 9:31pm

#1

ashleey

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Now that the ECB is financing the Irish State and will be more so with Nama, that means the Germans are in charge (seeing as it's their money).

Read the announcement from Aer Lingus (German CEO) today.

Now get ready for the budget this December...

by the way this is not an anti German rant.

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#2 07-10-2009 10:09pm
MudSkipper

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it's also french, dutch, italian, etc, etc money.

Now where'd that conspiracy forum get to?

Ah here it is

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#3 07-10-2009 10:15pm
Boskowski

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It's the way private businesses are being run.
If you're constantly losing money there is no point to continue living in cloud cuckoo land. 'Cos if you do then very soon you will no longer exist.
Unless of course you are a bank in Ireland. Then you're likely to find some gullible fool in government who will graciously hand you over billions of tax payers money.
Are you implying this is how we should continue to make business?

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#4 07-10-2009 10:29pm
Idbatterim

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I love the way the German CEO put it! the cuts will be more like an amputation than cosmetic surgery! this was before the cuts were made! to be honest, the Unions dont really have any power, i dont see the point in messing around with them...

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#5 07-10-2009 10:38pm
Klingon Hamlet

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National Airlines will, like any other state-owned or supported agency/company, shed a lot of staff. This has nothing to do with Germany. British Airways are doing the same thing. Banks are next.

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#6 07-10-2009 10:39pm
digital_d

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ashleey wrote: »

Now that the ECB is financing the Irish State and will be more so with Nama, that means the Germans are in charge (seeing as it's their money).

Read the announcement from Aer Lingus (German CEO) today.

Now get ready for the budget this December...

by the way this is not an anti German rant.

If I recall, this drastic plan was talked about before the arrival of the German CEO - but was delayed to allow him time to review it infact restructuring an pay cuts where announced at the end of Aug: http://www.rte.ie/business/2009/0828/aerlingus.html two days prior to Christoph Muelle taking up his post...

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#7 07-10-2009 10:51pm
ashleey

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His blunt speaking says it all. Just imagine the plan they drew up for Lenihan in return for his NAMA money? That was before they saw Junket O'Donaghue's credit card receipts

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