Dáil debates

Wednesday, 8 April 2009

10:30 am

Photo of Eamon GilmoreEamon Gilmore (Dún Laoghaire, Labour)

Some of those friends have been investing and dabbling in property abroad. Guess what? They are now going to use the Irish taxpayer and Government bonds to bail out the developments, the bad debts incurred for developments in Bulgaria, Dubai, Florida, Latvia and so on, none of which would have contributed anything to the Irish economy.

I want to know from the Taoiseach how much of that €80 billion to €90 billion concerns property abroad?

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