Brian Cowen (Laois-Offaly, Fianna Fail)

If these difficulties are not addressed, neither the existing financial institutions nor Fine Gael's so-called national recovery bank would be able to access the credit that all parties agree is required for the economy. The NAMA proposal sets out what the Government will do with the impaired assets and without this problem being resolved there will be no resolution of our economic difficulties.

Those are the facts. The Fine Gael proposal is sparse in the detail of how it will access funding to increase credit in the economy. It states that it will access €30 billion to €40 billion of funding from the European Central Bank-----

See this speech in context