Oireachtas Joint and Select Committees

Thursday, 22 November 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Public Service Reform Plan: Discussion with Minister for Public Expenditure and Reform

10:35 am

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

I have looked at them. In 2007 the debt was €47 billion and it is now €196 billion. That huge increase is the direct result of the bank bailout and the economic collapse resulting from the activities of banks and financial institutions. I consider all of it odious and unacceptable debt.

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