Mick Wallace (Wexford, Independent) | Oireachtas source

I did not agree with the Lisbon treaty in the first place. I opposed it at the time, the main reason for which was that it was a dream ticket for investment funds. States were not allowed to spend money on infrastructure without breaking the 3% rule. The Nice treaty was connected with that and I disagreed very strongly with it.

On the last point, what exactly has changed around insolvency? It is an area I am very interested in, obviously, being personally bankrupt at the moment. It sounds like it is going to improve co-operation between member states, but at the moment, if I had an asset in Italy or France, an Irish bank would be able to take it from me anyway. What exactly is changing there?