Oireachtas Joint and Select Committees
Wednesday, 17 October 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Public Expenditure and Reform Vote: Discussion with Minister for Public Expenditure and Reform
5:40 pm
Peter Mathews (Dublin South, Fine Gael) | Oireachtas source
He has recently commented retrospectively that the ECB did everything it could, and more, for Ireland. That is totally misleading. This adds to the public debate in a misleading sense. It was the other way round; this country saved the eurozone. That is why it is justified to keep insisting and spearheading for a serious debt write-down and a write-off of the promissory note. In fact, it is not a write-off of the promissory note. It is a write-off of emergency liquidity assistance which is supported by the promissory note which can be torn up. Restructuring does not even come into the consideration. It is odious debt. It should not be repaid.
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