Richard Bruton (Dublin North Central, Fine Gael)

While I do not oppose working with EU colleagues, the greatest area of concern relates to the Irish property market. Financial institutions here have experienced the greatest fall in revenues. For this reason, rather than waiting for the slowest mover in the European Union, it behoves us to examine what action we can take to get our house in the best possible order. I ask the Minister specifically to consider the possibility of providing deposit protection. In this difficult period and with a credit crunch under way, savers need assurance that their deposits are safe. The Minister should not wait for the slowest partner in the EU to move.

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