Timmy Dooley (Clare, Fianna Fail)

There has been considerable rhetoric, in the House and outside, about the need to stand up the German Chancellor, and I agree with much of it. However, rhetoric from the back benches of the Labour Party is suggesting it should be made clear to Chancellor Merkel that if she does not move on the issues we have talked about at length today, we should threaten to leave the euro and devalue our currency as a solution to our problems. That suggestion comes from a senior Labour Party backbencher.

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