Ian Naujock Ireland CEU Council Whitnall High School Ian Naujock Ireland CEU Council Topic 1: Debt Crisis Fellow delegates of the CEU, on the behalf of the concerns of my countrymen and women of Ireland, it is recognized that the EU faces many challenges such as the debt crisis as of now. As everyone within this council is well aware, the economic downturn of 2008-2009 left no market untouched or without damage. However as we have seen, the economic scars and bruises vary in severity from country to country. In the present debt crisis of the EU, there are nations such as Greece and my homeland of Ireland which took the hardest hits, and our economies are practically left crippled by these financial blows. Meanwhile, other countries such as Spain and Portugal are on the verge of a similar economic crisis. Ireland is not to judge the efficiency of the recent bailouts received by Greece, but I do believe Ireland’s ongoing 85 billion Euros bailout is of much benefit not only to the EU but to the economy of the entire world. In addition to stabilizing Ireland’s banks, the bailout has already given gracious kick-backs to investors. Ireland launched its bailout by contributing 17.5 billion Euros of its own. Aside from Ireland’s own contributions, an instant 10 billion Euros was received from the EU to boost the capital reserves of the banks. Ireland, with the help of the EU, is further bailing itself out with a highly rewarding ten-year International Monetary Funds Program. As stated by the minister of EFSF, this fund has investors all over the world reaping in the benefits of the stimulus packing. The first benefits of this program were a series of five-year and ten-year bonds aimed at stimulating the Irish economy with an instant 5 billion Euros. The mister of the EFSF sees the Irish bailout so far as one of the most successful in history, for these bonds where bought up in an unheard of 15 minutes from first being put on the market. Not only has this fund put 5 billion dollars into the Irish economy within 15 minutes, but the investors of this first bond package are already receiving the financial benefits of their purchase with an interest rate of 2.89 percent on each bond. With 32.5 billion Euros already accounted for in this bailout, all the Irish government needs is to reach its earmark of 25 billion for the banks and 50 billion for the government. If received, Ireland’s debt level is predicted to spiral down below the EU limit of 3% of GDP mark. If programs such as the International Monetary Fund successfully contribute to bailing out Ireland 85 billion Euros, then Ireland suggests other countries such as Spain and Portugal also try similar methods to repair their deficits. This would not only serve as a partial solution to bailout European economies besides Greece, which is already involved in a 110 billion Euro Monetary Fund Program, but according to economists this will also strengthen the Euro’s value and benefit the International economy by rewarding global investors of the public and private sectors who contribute funds towards these bailouts. Ian Naujock Ireland CEU Council Whitnall High School Topic 2: Security and Foreign Affairs Although many may see the EU significantly interfering in the sovereignty of national governments with the Lisbon Treaty; establishment of the European External Action Service is in Ireland’s favor and should be with other countries. Committees such as the EEAS serve as just another safety net towards ensuring a peaceful Europe. The EU has already done much to benefit Ireland, such as helping us to emerge from a troubled past relationship with the UK. Not only that, but it was because of the positive impact of the EU on Ireland which inspired Irish leaders to convince a divided Germany to ally the East and West states in the 1990’s. It was because of this alliance Germany was able to join the EU, and in a recent conference a diplomat thanked Michael Martin, foreign mister to Ireland, for Irish involvement in uniting the two Germanys. With that said, the EEAS should be welcomed as another added measure to further improve diplomatic relationships between countries of the EU, for the council was made in order to assist the president of the CEU much like the cabinet assists the President of the United States. However unlike the US cabinet, the EEAS consists of diplomats of many different nations which gives the President of the CEU a broad base of knowledge and insight to many concerns. With a more culturally diverse and well-rounded council to assist a top leader of the EU, will mean a peaceful Europe. With the EEAS in place we will see many more examples of international problem solving, such as the example where Ireland assisted Germany in uniting its two states. These are trying times and the EEAS would most likely ensure a unified Europe. As stated by our foreign minister, Michael Martin, the EEAS is a much needed committee in today’s Europe and it will provide stability, during this tense financial situation. So despite the added cost of an EEAS council to assist the president of the CEU; this council would be of much benefit to Ireland and to the EU when it comes to regulating peace. Matt Brunner Ireland: CEU Energy As far as sustainable, green energy goes, Ireland has gone extensively into wind power. Through an array of wind farms onshore and off, The Republic of Ireland has achieved a capacity of 1,747 megawatts, with the capacity as compared to overall energy usage being 23.5% in 2010. This project was in response to the EU’s RES-E Directive for member states to have 22% of their nation’s power to be produced by renewable methods by 2010. More Ian Naujock Ireland CEU Council Whitnall High School windfarms are planned, but even the farms already out there have issues with miles of red tape. REFIT (Renewable Energy Feed-In Tariff) limits wind energy production to 1450 MW, even though it is designed to encourage renewable energy. Some other problems are timing to connect to the grid is hard to come by and also planning permission adds another kink to the equation. Luckily, wind energy is relatively cost effective,