Willie Penrose (Longford-Westmeath, Labour)

The Industrial Credit Corporation, established by the State in the 1930s, was of great assistance to small and medium-sized enterprises. The Government should establish a similar organisation if the banks do not tap into the European Investment Bank funds. Let the Government get into this money and tell the banks to stuff it if they do not play ball. It is about time they were told they cannot hold us to ransom.

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