Oireachtas Joint and Select Committees
Wednesday, 8 May 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Forthcoming ECOFIN Council: Discussion with Minister for Finance
5:10 pm
Pearse Doherty (Donegal South West, Sinn Fein)
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That which Europe is demanding of Irish people is morally wrong. The moral crisis arises from citizens being pushed to the brink to rescue financiers and large banks and from the transfer of wealth from some of the poorest in society to financial institutions in order that they can be bailed out for behaving recklessly. The European Union has advanced arguments for this course of action and the Minister, as president of ECOFIN, is not arguing for a change in direction.