John Perry (Sligo-North Leitrim, Fine Gael)
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I have heard from the voluntary component and the community economic regeneration and social enterprise, which are very important in every community. We fully respect that. We are paying a huge price for that in terms of inaction. That is no compensation. There are 200,000 companies employing 700,000 people. We have had a total transformation of the banking circle, whether branches being curtailed or credit being restricted. There is no point saying the State is giving €250 million, that it will be finished by 2015 and it will give money back to the Exchequer. If the State said it was giving €10 million, parliamentary questions would be tabled in Dáil Éireann as to why the fund was so small and why we were not restructuring. Restructuring means investment and recapitalisation of credit unions which are not doing business and it means a lot more action than what I have seen in the report.