Oireachtas Joint and Select Committees
Tuesday, 16 June 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Forthcoming ECOFIN Council: Minister for Finance
6:00 pm
Paul Murphy (Dublin South West, Socialist Party) | Oireachtas source
If Greece were to get a write-down on its debt, in whatever way, would that not be beneficial to us who still have a massive debt, still pay €7 billion a year in interest, a figure that will rise? Would it not be in our interest that there would be a European debt conference and a process of write-down of unsustainable debt? I do not understand how it is not in our interests that we have our own debt written down, together with that of Greece, Spain, Portugal, etc.
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