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Donegal council demands end to sale of Israeli war bonds through Irish Central Bank

written by Staff Writer May 27, 2025
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Featured photo: Cllr Declan Meehan at a recent March for Palestine (Facebook)

Donegal County Councillors have unanimously voted to call for an end to the sale of Israeli war bonds through the Irish Central Bank.

The Irish Central Bank has overseen the sale of Israeli war bonds since 2023.

Independent Councillor Declan Meehan raised a motion on the matter at Monday’s plenary meeting, commenting that “the bonds are now being advertised as war bonds and are funding the genocide in Gaza”.

Cllr Meehan said: “These bonds are bringing in around one billion dollars a year. Since October 7th 2023 this has trebled to three billion dollars per annum.

“It’s publicly advertised that these bonds are being used to fund war and genocide in Palestine.”

The motion stated that the “Council is gravely concerned that the Central Bank of Ireland is regulating the Isreal Bonds Issuance Programme and, thereby, facilitating the sale throughout Europe of bonds which are funding genocide in Gaza. The Council believes that the Central Bank of Ireland must end all complicity in genocide. Council, therefore, calls on the Central Bank of Ireland to immediately end the regulation of the Israeli Bond Issuance Programme.”

Cllr Meehan added: “This is, I think, a simple thing for the Central Bank of Ireland and government to address. We need to take every step possible as a country to cut all ties with any complicity in genocide at the hands of the Israeli occupation forces in Palestine.”

Following the passing of the motion, Cllr Meehan asked that it be sent to the Minister for Finance, to the Central Bank of Ireland, and all other local authorities in Ireland.

Donegal council demands end to sale of Israeli war bonds through Irish Central Bank was last modified: May 27th, 2025 by Staff Writer
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Tags:
Irish Central BankIsraeli war bondsSTATE OF ISRAEL - Bond Issuance Programme
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