Dáil debates

Tuesday, 28 April 2009

Social Welfare Bill 2009: Committee Stage

 

10:00 pm

Photo of Mary HanafinMary Hanafin (Dún Laoghaire, Fianna Fail)

As regards the Unite proposal, the decision on that was made by the Minister for Finance but obviously there was a discussion on it. Unite wanted a guarantee for 20 years and the State to carry all the investment risk. It was determined, however, that it was too much to carry an investment risk like that for 20 years.

Deputy Enright asked about the nature of the correspondence from the Commission. It was about media comments specifically concerning Waterford Crystal. Obviously, we make them aware of things like what we are doing today.

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