Brian Cowen (Laois-Offaly, Fianna Fail)

In order to assess whether that will be the full subscription of the State participation we will have to wait and see the proposals by the banks. People cannot expect us to speculate on what the proposals will be but let us be clear that the statement we put forward has been accepted as the policy position of the Government. We await particular proposals and when they are made we will deal with them on the basis of protecting the taxpayer, not on what the markets speculate.

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