Tommy Broughan (Dublin North East, Labour)

The Scandinavians did not embark on the adventure on which the Minister is embarking, whereby he is endangering the taxpayers and citizens of this country.

I applaud the Labour Party amendment, which seeks to bring some facts and figures into the debate such that we will know what we are likely to face and what we can get back. I strongly support my colleagues' contention that we should be prepared to take equity where necessary, be it at the rate of 80% or, if necessary, 100%. We should not run away from this proposal and should be prepared to take on the responsibility. The Minister has a lot of thinking to do about this Bill.

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