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Ireland needs 'resolute action' to recover from West's worst recession

Cowen tells global Irish forum that governmnent needs help

KELLY FINCHAM,

IrishCentral.Com Editor

Published Friday, September 18, 2009, 3:58 PM

Updated Saturday, September 19, 2009, 2:36 PM

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Qantas Airlines CEO Alan Joyce - seen here with Qantas' Geoff Dixon - will attend the think-in

Qantas CEO Alan Joyce with Geoff Dixon is at the global Irish forum in Dublin

Ireland is taking "resolute action" to try and recover from the worst recession in the West.

Irish Taoiseach (Prime Minister) Brian Cowen told the Global Irish Economic Forum in Ireland that his government has already made "significant corrections."

“We’ll take further difficult decisions required and we also have to deliver economic recovery by doing so,” he said.

Cowen told the forum that Ireland plans to spend €54bn buying real-estate loans to try and clear out the so-called toxic assets.

About 180 people of Irish descent are gathered at Farmleigh in Dublin to brainstorm ways to help Ireland recover from the economic crisis.

Ireland's Foreign Minister Micheal Martin said Ireland needed to learn from Israel.

He said the peace process had been the "anchor" of the Irish-American relationship but that new anchors needed to be found to maintain the relationship.

"We are conscious that the Israelis have been particularly effective," he said.

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eibhleann7 | Jun 09, 2010, 11:11 AM EDT

Michael Martin needs a little history lesson, or better yet, a lesson on political foreign affairs before he goes spouting the praises of Israel. We need to learn from Israel is like saying we need to learn from Great Britain. Israel is a parasitic state that relies on the 80 Billion/ year it gets from the US (without the consent of the American people, I might add)to do with it as they will, without accountability(political, moral, or otherwise) in the name of "self-defense". America has created a monster and is now paying the price with domestic terrorist attacks, financial collapse, and a total downwards spiral of the political system. All to protect a people that believe that it is acceptable to have intercourse with a child if it is under nine years of age, and killing a Christian, Arab, or any other non-Jew is one's duty (from the Talmud, the book of Jewish law). Are these the lesson's Ireland needs to learn? I think not!

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