Frank Fahey (Galway West, Fianna Fail)

I thank the Minister of State, Deputy Killeen, for sharing his time with me. Both main Opposition parties have opposed every measure this Government has taken to tackle the financial crisis. Our efforts have been endorsed by the European Commission, the European Central Bank, the International Monetary Fund and the Organisation for Economic Co-operation and Development. Neither Fine Gael nor the Labour Party has offered a credible alternative banking strategy. Fine Gael's plan for a national investment bank seems to have been dropped since Deputy Noonan returned to that party's Front Bench, as has the NewERA policy. Similarly, the Labour Party's policy plan to establish a strategic investment bank has not been endorsed by any international bodies or commentators.

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