The Government of Ireland has announced the country is to foreclose. With massive unsustainable debts it seems the only way forward is for the Country to sell up and move to a smaller cheaper location. The Irish Government has looked at the possibility
of renting part of Eastern Siberia from Russia with the Russian Goverment purchasing Eire with a view to letting.
Other possibilities include purchasing part of Northern Mauritania and Western Sahara but it is unknown if Eire would have the necessary deposit and furture income to secure a mortgage from the IMF. This would leave the future of the land fomerly known as Eire uncertain. A new buyer may be an exisiting country but the UK Government has expressed a definite No, being too politically incorrect to purchase Eire and lack of funding. Homeless peoples such as Nepal or the Kurds may be interested but it is thought to be a large risk that these people would try to move in only to find their new homes occupied by travellers.
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Ireland to be repossessed by the ECB
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Posted 2 years ago #
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