Latest UCD Research Bulletin Post author By Stephen Kinsella Post date March 31, 2012 Edited by Kevin Denny, UCD’s latest Research Bulletin is up here. Categories In Uncategorized 2 Comments on Latest UCD Research Bulletin By Stephen Kinsella Senior Lecturer in Economics at the University of Limerick. View Archive → ← Low-cost funding → Impressions and the example argument, yet again 2 replies on “Latest UCD Research Bulletin” I would like to hear Karl whelans take on the new bond. Could we trace the etch bank balance sheet over the nextv16 months! @UCD Law German lawmakers and the chancellor were all ears last Thursday when Gregor Gysi, the parliamentary group leader of the opposition far-left Left Party, addressed parliament. In the debate on the European fiscal pact, Gysi surprised his listeners with a few “constitutional issues” that “might” be worth “seriously considering.” Gysi’s objections to the European pact for stricter budget discipline proved thought-provoking even for leading EU law experts. The agreement, says Gysi, a lawyer, violates Germany’s constitution, the Basic Law, because the country can never rescind it. He argued that Germany would be committed to drive with its debt brake on for all of eternity. He may have a point. Steffen Kampeter, a senior official in the German Finance Ministry, confirmed what every reader of the treaty text will notice on the first read-through: “The treaty does not provide for a right to rescind.” No to Austerity into Eternity! Comments are closed.