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16-01-2014

European Parliament Economic and Monetary Affairs Committee (ECON) visit to Dublin 16-17 January 2014

An EP delegation will visit Ireland on 16-17 January as part of its inquiry on the role and operations of the Troika (ECB, Commission and IMF) with regard to the euro area programme countries.   The delegation has visited Portugal on 6-7 January and Cyprus on 10 January and will visit Greece on 29-30 January. The visit includes meetings with ministers, parliamentarians and representatives of civil society.

 

The Troika carefully monitors if bailout countries carry out the reforms that have been asked for, but it is now time for it to be scrutinised in turn. As there have been many concerns over how the Troika operates, the Parliament is conducting an inquiry. An EP delegation will visit the countries affected, including Ireland, while there are also hearings in the Parliament with people who have been involved with Troika decisions. The delegation will visit Ireland on 16-17 January.

The inquiry is headed by Othmar Karas, an Austrian member of the EPP group, and Liem Hoang Ngoc, a French member of the S&D group. Although it is being led by the economic committee, there will also be contributions from the budgetary control, employment and constitutional affairs committees.

The evaluation of the Troika will continue in the coming months and MEPs are expected to vote on the inquiry's final report during the March plenary session.

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PROGRAMME

Thursday 16 January 2014

18.30 Meeting with Minister of Finance, Michael Noonan TD, and with Minister for Public Expenditure and Reform, Brendan Howlin TD

19.30 Meeting with members of Irish Parliament (Oireachtas) mixed delegation of members from Finance and European Affairs Committees

Friday 17 January 2014

9.00 Social Panel: Social Justice Ireland, European Anti-Poverty Network Ireland, Society of St Vincent de Paul

11.00 Meeting with Patrick Honohan, Governor of the Central Bank of Ireland

12.45 Economists/experts Panel: Economic and Social Research Institute (ESRI), University College Dublin

14.30 Meeting with Irish Congress of Trade Unions (ICTU)

15.15 Meeting with Irish Business and Employers' Confederation (IBEC)

16.30 Press Briefing

17.30 Irish Banking Federation

List of participants

Members of the European Parliament:

1. Mr. Gay Mitchell, EPP, IE

2. Mr. Liêm Hoang Ngoc, S&D, FR

3. Mr. Nils Torvalds, ALDE, FI

4. Mr. Jurgen Klute, GUE, DE

Ms. Emer Costello, S&D and Mr. Paul Murphy, GUE will join the delegation as local MEPs.