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Economic Strategy: Motion (Resumed) (30 Sep 2010)

Joe Costello: ...through a vote which extended by another three months the blanket guarantee that had been operating for two years. This morning we see the extent of the guarantee and its effects on the economy - Ireland inc., so to speak - and taxpayers. The cost of the bailout will be at least €46 billion, the deficit has shot up to more than 32% and one of our major banks is to be nationalised. We...

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