Dáil debates
Tuesday, 3 March 2009
Investment of the National Pensions Reserve Fund and Miscellaneous Provisions Bill 2009: Second Stage
5:00 pm
Kieran O'Donnell (Limerick East, Fine Gael)
Ultimately, the purpose of the scheme to recapitalise Bank of Ireland and AIB through the National Pensions Reserve Fund must be to enable those banks to restore credit lines for small businesses, first-time buyers and others. Fine Gael is of the view that, for various reasons, this legislation will not succeed in that objective.
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