Michael Creed (Cork North West, Fine Gael)

The House awaits with bated breath the Government's proposals in respect of recapitalising the banks. Will that legislation contain any proposals to recapitalise the farmers, who are due in excess of €400 million from the Department of Agriculture, Fisheries and Food? They will indirectly capitalise the banks because they will be conduits for passing the cheques onto the banks anyway.

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