Dáil debates
Thursday, 18 November 2010
Irish Banking: Statements
12:00 pm
Joan Burton (Dublin West, Labour)
-----over the time that we are in this, from ten years, being how most Government debt is funded, into three years. So it means that we join a red queen's race where we are constantly racing to try to catch up, but cannot move any further. Three-year money at an interest rate of 5% plus is not cheap. It is a penalty rate of interest. Is that what the Government has now conceded and is that all for the banks? If the banks are sold-----
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