Oireachtas Joint and Select Committees
Thursday, 25 November 2021
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Committee Stage
Pearse Doherty (Donegal, Sinn Fein)
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It is not about the conditions. There is nothing in this agreement which suggests the conditions would not undermine public services or threaten economic recovery. What we saw with the MOU to which we in Ireland were subject was that public services were undermined. We are still dealing with the consequences of that. Gross economic recovery was impacted as a result of the period of recession. It was lengthened and deepened, and the impact of that was felt by communities and regions. The point I am making is that there is nothing in this treaty which states that an MOU must ensure that it does not undermine public services or threaten economic recovery.